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No one has ever failed to find the facts they are looking for.
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
Failed
Looking
Facts
Find
Ever
More quotes by Peter Drucker
Business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.
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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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Nobody can predict the future the idea is to have a firm grasp of the present.
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Profit is not a cause but a result-
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The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
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The corporation is the master, the employee is the servant. Because the corporation owns the means of production without which the employee could not make a living, the employee needs the corporation more than vice versa.
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One of the great movements in my lifetime among educated people is the need to commit themselves to action. Most people are not satisfied with giving money we also feel we need to work.
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Trust is congruence between what you say and what you do.
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No financial man will ever understand business because financial people think a company makes money. A company makes shoes, and no financial man understands that. They think money is real. Shoes are real.
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Don't try to innovate for the future. Innovate for the present!
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Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
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We always remember best the irrelevant.
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Strong people have strong weaknesses.
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No other area offers richer opportunities for successful innovation than the unexpected success.
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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 more successful the unit, the more difficult it is to make sure that the large company doesn't put the same expectations on it as it does for the rest of the company. When it's a new venture, whether it's outside or inside the business, it's a child. And you don't put a 40-pound pack on a 6-year-old's back when you take her hiking.
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The purpose of information is not knowledge. It is being able to take the right action.
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Inside an organization there are only cost centers. The only profit center is a customer whose check has not bounced.
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There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere... In every case the opposition could only be overcome - peacefully or by force - because of the promise of capitalism to establish equality... That this promise was an illusion we all know.
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True marketing starts...with the customer, his demographics, his realities, his needs, his values. It does not ask, What do we want to sell? It asks, What does the customer want to buy?
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