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Business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.
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
Thought
Missions
Important
Failure
Cause
Perhaps
Causes
Adequate
Purpose
Frustration
Business
Mission
Given
Rarely
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The productivity of people requires continuous learning, as the Japanese have taught us. It requires adoption in the West of the specific Japanese Zen concept where one learns to do better what one already does well.
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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 purpose of a business is to create a customer.
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The only skill that will be important in the 21st century is the skill of learning new skills.Everythi ng else will become obsolete over time.
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Political freedom is neither easy nor automatic, neither pleasant nor secure. It is the responsibility of the individual for the decisions of society as if they were his own decisions-as in moral truth and accountability they are.
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Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.
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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
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To make the future demands courage. It demands work. But it also demands faith.
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The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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It’s up to you to carve out your place, to know when to change course, and to keep yourself engaged and productive during a work life that may span some 50 years.
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The individual needs the return to spiritual values, for he can survive in the present human situation only by reaffirming that man is not just a biological and psychological being but also a spiritual being, that is creature, and existing for the purposes of his Creator and subject to Him.
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The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be fast.
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One cannot manage change. One can only be ahead of it.
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The days of the 'intuitive' manager are numbered.
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Nothing is less productive than to make more efficient what should not be done at all.
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The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the MANUAL WORKER in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of KNOWLEDGE WORK and the KNOWLEDGE WORKER.
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