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Success in the knowledge economy comes to those who know themselves - their strengths, their values, and how they best perform.

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
Best
Strengths
Perform
Economy
Knowledge
Values
Success
Comes

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Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you.
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Institutions mistake good intentions for objectives. They say health care that's an intention, not an objective.
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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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Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, Let's do a little bit of everything.
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One does not manage people. The task is to lead people.
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One either meets or one works.
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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.
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Trust is congruence between what you say and what you do.
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[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.
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You cannot prevent a major catastrophe, but you can build an organization that is battle-ready, where people trust one another. In military training, the first rule is to instill soldiers with trust in their officers - because without trust, they won't fight.
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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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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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In the modern corporation the decisive power, that of the managers , is derived from no one but the managers themselves controlled by nobody and nothing and responsible to no one. It is in the most literal sense unfounded, unjustified, uncontrolled and irresponsible power.
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