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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
Business
Mission
Given
Rarely
Thought
Missions
Important
Failure
Cause
Perhaps
Causes
Adequate
Purpose
Frustration
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It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity.
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[T]hroughout the ages to be educated meant to be unproductive.... our word school - and its equivalent in all European languages - derives from a Greek word meaning leisure.
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The experience of the human race indicates strongly that the only person in abundant supply is the universal incompetent.
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The young knowledge worker whose job is too small to challenge and test his abilities either leaves or declines rapidly into premature middle age, soured, cynical, unproductive.
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The most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question.
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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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The true business of every company is to make and keep customers.
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The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
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Most of what we call management consists of making it difficult for people to get their work done.
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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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There is every indication that the period ahead will be an innovative one, one of rapid change in technology , society , economy , and institutions .
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Don't solve problems. Pursue opportunities.
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Change is the norm unless an organization sees that its task is to lead change, that organization will not survive.
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Entrepreneurship is neither a science nor an art. It is a practice.
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Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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Decision making is the specific executive task.
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There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
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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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Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
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