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Everything must degenerate into work if anything is to happen.
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
Everything
Must
Work
Degenerate
Degenerates
Happen
Action
Happens
Anything
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We can ill afford to have activities conducted as non-profit, that is, as activities that devour capital rather than form it, if they can be organized as activities that form capital, as activities that make a profit.
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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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There's an enormous number of managers who have retired on the job.
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When it rains manna from heaven, some people put up an umbrella. Others reach for a big spoon.
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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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A business is not defined by its name, statutes, or articles of incorporation. It is defined by the business mission. Only a clear definition of the mission and purpose of the organization makes possible clear and realistic business objectives.
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There are two types of people in the business community: those who produce results and those who give you reasons why they didn't.
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The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
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The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.
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No decision has been made unless carrying it out in specific steps has become someone's work assignment and responsibility.
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Business exists to supply goods and services to customers and economic surplus to society, rather than to supply jobs to workers and managers or even dividends to shareholders.
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The single most important thing to remember about any enterprise is that results exist only on the outside.The result of a business is a satisfied customer. The result of a hospital is a satisfied patient. The result of a school is a student who has learned something and puts it to work ten years later. Inside an enterprise there are only costs.
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Increasingly, politics is not about who gets what, when, how but about values, each of them considered to be absolute. Politics is about the right to life...It is about the environment. It is about gaining equality for groups alleged to be oppressed...None of these issues is economic. All are fundamentally moral.
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Tomorrow always arrives. It is always different. And even the mightiest company is in trouble if it has not worked on the future. Being surprised by what happens is a risk that even the largest and richest company cannot afford, and even the smallest business need not run.
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We've spent the last 30 years focusing on the T in IT, and we'll spend the next 30 years focusing on the I.
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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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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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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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Leadership is all about getting results.
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Businesses are not paid to reform customers. They are paid to satisfy customers.
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