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Of those things that would make a difference, which are right for me?
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
Right
Make
Things
Would
Difference
Differences
More quotes by Peter Drucker
A success that has outlived its usefulness may, in the end, be more damaging than failure.
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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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Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.
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To make a living is no longer enough. Work also has to make a life.
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The worker's effectiveness is determined largely by the way he is being managed.
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To make the future demands courage. It demands work. But it also demands faith.
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We know nothing about motivation. All we can do is write books about it.
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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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Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society - its worldview, its basic values, its social and political structures, its art, its key institutions - rearranges itself. We are currently living through such a time.
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Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility, unable to change
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Everybody has accepted by now that change is unavoidable. But that still implies that change is like death and taxes - it should be postponed as long as possible and no change would be vastly preferable. But in a period of upheaval, such as the one we are living in, change is the norm.
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Doing the right thing is more important than doing the thing right.
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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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If a manager spends more than 10 percent of his time on human relations the group is probably too large.
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Innovation requires us to systematically identify changes that have already occurred in a business - in demographics, in values, in technology or science - and then to look at them as opportunities. It also requires something that is most difficult for existing companies to do: to abandon rather than defend yesterday.
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Look at government programs for the past fifty years. Every single one - except warfare - achieved the exact opposite of its announced goal.
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One has to make a decision when a condition is likely to degenerate if nothing is done.
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Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.
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Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.
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To satisfy the customer is the mission and purpose of every business.
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