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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
Doe
Innovation
Live
Defined
Must
Clearly
Work
Exist
Men
Education
Prepare
Since
Practicals
Age
Practical
Cannot
Preparation
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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.
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Quality in a service or product is not what you put into it. It is what the client or customer gets out of it.
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The world economy is not yet a community--not even an economic community...Yet the existence of the global shopping center is a fact that cannot be undone. The vision of an economy for all will not be forgotten again.
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To be a manager requires more than a title, a big office, and other outward symbols of rank. It requires competence and performance of a high order.
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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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The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it.
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Strong people have strong weaknesses.
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Leadership is all about getting results.
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That people even in well paid jobs choose ever earlier retirement is a severe indictment of our organizations - not just business, but government service, the universities. These people don't find their jobs interesting.
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Plans are only good intentions unless they immediately degenerate into hard work.
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Most innovators are successful to the extent to which they define risks and confine them.
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We no longer even understand the question whether change is by itself good or bad, ...We start out with the axiom that it is the norm. We do not see change as altering the order... We see change as being order itself - indeed the only order we can comprehend today is a dynamic, a moving, a changing one.
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In a rural society communities are given for the individual. Community is a fact, whether family or religion, social class or caste.
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What we are good at comes easy, and we believe that unless it comes hard, it can't be very good.
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Working with people is difficult, but not impossible.
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You cannot build performance on weaknesses. You can build only on strengths.
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Fortunately or unfortunately, the one predictable thing in any organization is the crisis. That always comes. That's when you do depend on the leader: The job of the leader is to build an organization that is battle-ready, that has high morale, that knows how to behave, that trusts itself, and where people trust one another.
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There is nothing worse than doing the wrong thing well.
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The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether business or nonbusiness, will be its knowledge, workers, and their productivity.
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