Quote

Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence.

Peter Drucker

Change background

T
T
T

Change font

TAGS & TOPICS

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
Management
Challenge
Especially
Touchstone
Challenges
Touchstones
Become
Managing
Competence
Increasingly
Innovation

More quotes by Peter Drucker

Image
There are only two things in a business that make money - innovation and marketing, everything else is cost.
Peter Drucker
Image
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.
Peter Drucker
Image
Understanding our strengths, articulating our values, knowing where we belong -- these are also essential to addressing one of the great challenges of organizations: improving the abysmally low productivity of knowledge workers.
Peter Drucker
Image
What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous.
Peter Drucker
Image
Leadership is not rank, privileges, title or money. It is responsibility.
Peter Drucker
Image
Our job in life is to make a positive difference, not prove we're right.
Peter Drucker
Image
The correct assumption is that what individuals have learned by age twenty-one will begin to become obsolete five to ten years later and will have to be replaced-or at least refurbished-by new learning, new skills, new knowledge.
Peter Drucker
Image
The dilemma of modern society: the conflict between the need for capital formation at a high rate and the popular condemnation of interest and dividends as unearned income and capitalist, if not as sinful and wicked.
Peter Drucker
Image
Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
Peter Drucker
Image
[T]hroughout the ages to be educated meant to be unproductive.... our word school - and its equivalent in all European languages - derives from a Greek word meaning leisure.
Peter Drucker
Image
An effective executive builds on strengths - their own strengths, the strengths of superiors, colleagues, subordinates, and on the strength of the situation.
Peter Drucker
Image
The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become everybody's entitlement and an increasing burden on those who produce.
Peter Drucker
Image
Most people think they know what they are good at. They are usually wrong... And yet, a person can perform only from strength.
Peter Drucker
Image
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.
Peter Drucker
Image
It is easier to raise the performance of one leader than it is to raise the performance of a whole mass.
Peter Drucker
Image
Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion.
Peter Drucker
Image
A success that has outlived its usefulness may, in the end, be more damaging than failure.
Peter Drucker
Image
The tool user, provided the tool is made well, need not, and indeed should not, know anything about the tool.
Peter Drucker
Image
Efficiency, which is doing things right, is irrelevant until you work on the right things.
Peter Drucker
Image
The 1st question the effective decision-maker asks is: 'Is this a generic situation or an exception?'
Peter Drucker