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In todays economy, the most important resource is no longer labor, capital or land it is knowledge
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
Important
Capital
Labor
Resources
Longer
Land
Economy
Knowledge
Todays
Today
Resource
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If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.
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We no longer even understand the question whether change is by itself good or bad, ...We start out with the axiom that it is the norm. We do not see change as altering the order... We see change as being order itself - indeed the only order we can comprehend today is a dynamic, a moving, a changing one.
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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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What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous.
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When Henry Ford said, The customer can have a car in any color as long as it's black, he was not joking.
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There are only two things in a business that make money - innovation and marketing, everything else is cost.
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Without institution there is no management. But without management there is no institution.
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Every enterprise is learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.
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