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Thus, for those who are willing to go out into the field, to look and to listen, changing demographics is both a highly productive and a highly dependable innovation opportunity.
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
Listening
Demographics
Listen
Highly
Willing
Productive
Opportunity
Innovation
Look
Changing
Looks
Field
Thus
Fields
Dependable
More quotes by Peter Drucker
Objectives can be compared to a compass bearing by which a ship navigates. A compass bearing is firm, but in actual navigation, a ship may veer off its course for many miles. Without a compass bearing, a ship would neither find its port nor be able to estimate the time required to get there.
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(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
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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.
Peter Drucker
Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility, unable to change
Peter Drucker
More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject.
Peter Drucker
Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.
Peter Drucker
Use feedback analysis to identify your strengths. Then go to work on improving your strengths. Identify and eliminate bad habits that hinder the full development of your strengths. Figure out what you should do and do it. Finally, decide what you should not do.
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The true business of every company is to make and keep customers.
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Don't solve problems. Pursue opportunities.
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The only thing we know about the future is that it will be different.
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The society of organizations is new-only seventy years ago employees were a small minority in every society.
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No executive has ever suffered because his subordinates were strong and effective.
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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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The problem in my life and other people's lives is not the absence of knowing what to do but the absence of doing it.
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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.
Peter Drucker
To survive and succeed, every organization will have to turn itself into a change agent
Peter Drucker
Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence.
Peter Drucker
Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.
Peter Drucker
That the government's power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer-even though it is used only when a strike threatens the national health, welfare, or safety-is a grave blemish and explains much of union resistance to the Act.
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Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership.
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