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The leader of the past was a person who knew how to tell. The leader of the future will be a person who knows how to ask.

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
Future
Tell
Past
Persons
Person
Inspire
Leader
Knew
Asks

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Political freedom is neither easy nor automatic, neither pleasant nor secure. It is the responsibility of the individual for the decisions of society as if they were his own decisions-as in moral truth and accountability they are.
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...because knowledge rapidly deteriorates unless it is used constantly, maintaining within an organization an activity that is used only intermittently guarantees incompetence.
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A success that has outlived its usefulness may, in the end, be more damaging than failure.
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There is one qualification the manager cannot acquire but must bring to the task. It is not genius it is character.
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Businesses are not paid to reform customers. They are paid to satisfy customers.
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Look at government programs for the past fifty years. Every single one - except warfare - achieved the exact opposite of its announced goal.
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Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility, unable to change
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There is the general belief that the corporation income tax is a tax on the rich and on the fat cats. But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.
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Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
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The basic economic resource - the means of production - is no longer capital, nor natural resources, nor labor. It is and will be knowledge.
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Many studies of research scientists have shown that achievement (at least below the genius level of an Einstein, Bohr, or a Planck) depends less on ability in doing research than on the courage to go after opportunity.
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The job of a professional manager is not to like people. It is not to change people. It is to put their strengths to work.
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Effective people are not problem minded they're opportunity-minded. They feed opportunities and starve problems. They think preventively.
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Meetings are a symptom of bad organization. The fewer meetings the better.
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There are only two things in a business that make money - innovation and marketing, everything else is cost.
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We always remember best the irrelevant.
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There are two types of people in the business community: those who produce results and those who give you reasons why they didn't.
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The better a man is the more mistakes will he make – for the more new things he will try.
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One cannot hire a hand the whole man always comes with it.
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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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