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Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.

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
Knowledge
Capital
Force
Data
Easy
Driving
Place
Management
Organization
Taking
Worldwide
Technology
Confuse
Information
Organizations

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What people in business think they know about the customer and market is likely to be more wrong than right...the customer rarely buys what the business thinks it sells him.
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No financial man will ever understand business because financial people think a company makes money. A company makes shoes, and no financial man understands that. They think money is real. Shoes are real.
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An effective executive builds on strengths - their own strengths, the strengths of superiors, colleagues, subordinates, and on the strength of the situation.
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More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject.
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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.
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It has been said, and only half in jest, that a tough, professionally led union is a great force for improving management performance. It forces the manager to think about what he is doing and to be able to explain his actions and behavior.
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Success in the knowledge economy comes to those who know themselves - their strengths, their values, and how they best perform.
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It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity.
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If you're not living life on the edge, you're taking up too much space. The best way to predict the future is to create it.
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Our job in life is to make a positive difference, not prove we're right.
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Through systematic terror, through indoctrination, through systematic manipulation of stimulus, reward, and punishment, we can today break man and convert him into brute animal... The first step toward survival is therefore to make government legitimate again by attempting to deprive it of these powers... by international action to ban such powers.
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Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
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One does not manage people. The task is to lead people.
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Spontaneity is an infinite number of rehearsed possibilities.
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We do not need more laws . No country suffers from a shortage of laws. We need a new model .
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All good strategy eventually degenerates into work.
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No one learns as much about a subject as one who is forced to teach it.
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There's nothing so useless than executing a task efficiently when it actually never should have been executed at all.
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Far too much reorganization goes on all the time. Organizitis is like a spastic colon.
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The large organization has to learn to innovate, or it won't survive.
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