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Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist and cannot yet be clearly defined.
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
Cannot
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Doe
Innovation
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Must
Clearly
Work
Exist
Men
Education
Prepare
Since
Practicals
Age
Practical
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I find more and more executives less and less well informed about the outside world, if only because they believe that the data on the computer printouts are ipso facto information.
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An employer has no business with a man's personality... The task is not to change personality, but to enable a person to achieve and to perform.
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Nobody can predict the future the idea is to have a firm grasp of the present.
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When the business grows, the person who founded it is incredibly busy. Rapid growth puts an enormous strain on a business. You outgrow your production facilities. You outgrow your management capabilities.
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The true business of every company is to make and keep customers.
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Entrepreneurship is neither a science nor an art. It is a practice.
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Strong people have strong weaknesses.
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If general perception changes from seeing the glass as 'half-full' to seeing it as 'half empty' there are major innovative opportunities.
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The fewer data needed, the better the information. And an overload of information, that is, anything much beyond what is truly needed, leads to information blackout. It does not enrich, but impoverishes.
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Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
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The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.
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There are no creeds in mathematics.
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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 days of the 'intuitive' manager are numbered.
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In the Western tradition, we have focused on teaching as a skill and forgotten what Socrates knew: teaching is a gift, learning is a skill.
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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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Defending yesterday is far more risky than making tomorrow.
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Our job in life is to make a positive difference, not prove we're right.
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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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Businesses are not paid to reform customers. They are paid to satisfy customers.
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