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Ideas are cheap and abundant what is of value is the effective placement of those ideas into situations that develop into action.

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
Situations
Effective
Develop
Value
Situation
Values
Placement
Action
Abundant
Ideas
Cheap

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Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence.
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What can I contribute that will significantly affect the performance and the results of the institution I serve?
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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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If you want to predict the future create it.
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I would hope that American managers-indeed, managers worldwide-continue to appreciate what I have been saying almost from day one: that management is so much more than exercising rank and privilege, that it is much more than making deals. Management affects people and their lives.
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Spontaneity is an infinite number of rehearsed possibilities.
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What's absolutely unforgivable is the financial benefit top management people get for laying off people. There's no excuse for it. No justification. No explanation. This is morally and socially unforgivable, and we'll pay a very nasty price.
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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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Time is the scarcest resource.
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Leaders shouldn?t attach moral significance to their ideas: Do that, and you can?t compromise.
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The individual is the central, rarest, most precious capital resource of our society.
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One does not manage people. The task is to lead people.
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The moment people talk of implementing instead of doing, and of finalizing instead of finishing, the organization is already running a fever.
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Accept the fact that we have to treat almost anybody as a volunteer.
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