Quote

Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.

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
Knowledge
Competitive
Become
Management
Even
Keys
Resources
Advantage
Source
Perhaps
Resource
Economic
Dominant

More quotes by Peter Drucker

Image
Every three or four years I pick a new subject. It may be Japanese art it may be economics. Three years of study are by no means enough to master a subject but they are enough to understand it. SO for more than 60 years I have kept studying one subject at a time.
Peter Drucker
Image
The only skill that will be important in the 21st century is the skill of learning new skills.Everythi ng else will become obsolete over time.
Peter Drucker
Image
As with every phenomenon of the objective universe, the first step toward understanding work is to analyze it.
Peter Drucker
Image
Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.
Peter Drucker
Image
The Pertinent Question is NOT how to do things right - but how to find the right things to do, and to concentrate resources and efforts on them.
Peter Drucker
Image
The world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other.
Peter Drucker
Image
Profit is not a cause but a result-
Peter Drucker
Image
A manager is responsible for the application and performance of knowledge.
Peter Drucker
Image
Systematic change requires a willingness to look on change as an opportunity.
Peter Drucker
Image
Providing more desirable products, services, and customer experiences is vital to the continued existence of any business. And that is INNOVATION.
Peter Drucker
Image
Every organization must be prepared to abandon everything it does to survive in the future.
Peter Drucker
Image
Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility, unable to change
Peter Drucker
Image
The fruit of your work grows on other people's trees
Peter Drucker
Image
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.
Peter Drucker
Image
Keep your eye on the task, not on yourself. The task matters, and you are a servant
Peter Drucker
Image
Entrepreneurship is neither a science nor an art. It is a practice.
Peter Drucker
Image
The talk you hear about adapting to change is not only stupid, it's dangerous. The only way you can manage change is to create it.
Peter Drucker
Image
As a manager you're paid to be uncomfortable. If you're comfortable, it's a sure sign you're doing things wrong.
Peter Drucker
Image
Management is not being brilliant. Management is being conscientious.
Peter Drucker
Image
For new technology to replace old, it has to have at least ten times the benefit.
Peter Drucker