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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
Work
Degenerate
Degenerates
Happen
Action
Happens
Anything
Everything
Must
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If you want it, measure it. If you can't measure it, forget it.
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...because knowledge rapidly deteriorates unless it is used constantly, maintaining within an organization an activity that is used only intermittently guarantees incompetence.
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Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.
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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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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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What we are good at comes easy, and we believe that unless it comes hard, it can't be very good.
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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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Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.
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Every single social and global issue of our day is a business opportunity in disguise.
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The purpose of a business is to create a customer.
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Fortunately or unfortunately, the one predictable thing in any organization is the crisis. That always comes. That's when you do depend on the leader: The job of the leader is to build an organization that is battle-ready, that has high morale, that knows how to behave, that trusts itself, and where people trust one another.
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The individual is the central, rarest, most precious capital resource of our society.
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Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
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