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To make the future demands courage. It demands work. But it also demands faith.
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
Make
Demands
Demand
Courage
Goal
Future
Faith
Also
Work
More quotes by Peter Drucker
The key to greatness is to look for people's potential and spend time developing it.
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Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service.
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The more successful the unit, the more difficult it is to make sure that the large company doesn't put the same expectations on it as it does for the rest of the company. When it's a new venture, whether it's outside or inside the business, it's a child. And you don't put a 40-pound pack on a 6-year-old's back when you take her hiking.
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The 1st question the effective decision-maker asks is: 'Is this a generic situation or an exception?'
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The really important things are said over cocktails and are never done.
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The subordinate's job is not to reform or reeducate the boss, not to make him conform to what the business schools or the management book say bosses should be like. It is to enable a particular boss to perform as a unique individual.
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Our society has become an employee society.
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If you want it, measure it. If you can't measure it, forget it.
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Success? Odd as it seems, you will achieve the greates results in business and career if you drop the word 'achievement' from your vocabulary and replace it with 'contribution'.
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We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
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The purpose of a business is to create a customer.
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Executives do many things in addition to making decisions. But only executives make decisions. The first managerial skill is, therefore, the making of effective decisions.
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The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
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The dilemma of modern society: the conflict between the need for capital formation at a high rate and the popular condemnation of interest and dividends as unearned income and capitalist, if not as sinful and wicked.
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Innovation requires us to systematically identify changes that have already occurred in a business - in demographics, in values, in technology or science - and then to look at them as opportunities. It also requires something that is most difficult for existing companies to do: to abandon rather than defend yesterday.
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Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society - its worldview, its basic values, its social and political structures, its art, its key institutions - rearranges itself. We are currently living through such a time.
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No one learns as much about a subject as one who is forced to teach it.
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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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We can't make people better by trying to eliminate their weaknesses, but we can help then perform better by building on their strengths.
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Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.
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