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Here I am, fifty-eight, and I still don't know what I'm going to be when I grow up.

Peter Drucker

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Peter Drucker
Age: 95 †
Born: 1909
Born: November 19
Died: 2005
Died: November 11
Author
Businessperson
Columnist
Economist
Journalist
Lawyer
Philosopher
Sculptor
University Teacher
Writer
Vienna
Austria
Peter F. Drucker
Peter Ferdinand Drucker
Grow
Grows
Stills
Still
Going
Fifty
Eight
Perspective
Careers

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Most innovators are successful to the extent to which they define risks and confine them.
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The area in which the executive first encounters the challenge of strength is in staffing. The effective executive fills positions and promotes on the basis of what a man can do. He does not make staffing decisions to minimize weaknesses but to maximize strength.
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Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
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We always remember best the irrelevant.
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Successful careers are not planned. They develop when people are prepared for opportunities because they know their strengths, their method of work, and their values. Knowing where one belongs can transform an ordinary person - hardworking and competent but otherwise mediocre - into an outstanding performer.
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No other area offers richer opportunities for successful innovation than the unexpected success.
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One cannot manage change. One can only be ahead of it.
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Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.
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If socialism is defined as ownership of the means of production--and this is both the orthodox and the only rigorous definition--then the United States is the first truly Socialist country.
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The computer, being a mechanical moron, can handle only quantifiable data.
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The true business of every company is to make and keep customers.
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The experience of the human race indicates strongly that the only person in abundant supply is the universal incompetent.
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Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - accounting and what have you - but you can't teach them management.
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If a manager spends more than 10 percent of his time on human relations the group is probably too large.
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Providing more desirable products, services, and customer experiences is vital to the continued existence of any business. And that is INNOVATION.
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Few companies that installed computers to reduce the employment of clerks have realized their expectations... They now need more, and more expensive clerks even though they call them 'operators' or 'programmers.'
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Nothing is less productive than to make more efficient what should not be done at all.
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No decision has been made unless carrying it out in specific steps has become someone's work assignment and responsibility.
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To make a living is no longer enough. Work also has to make a life.
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We have tried to substitute mass for purpose. We have tried to regain military potency of defense by making it gigantic, unwieldy, complex. It never works.
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