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One has to make a decision when a condition is likely to degenerate if nothing is done.
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
Make
Degenerates
Entrepreneur
Condition
Likely
Conditions
Decision
Nothing
Done
Degenerate
More quotes by Peter Drucker
The best plan is only a plan... unless it degerates into work.
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Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.
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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.
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There's an enormous number of managers who have retired on the job.
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The fewer data needed, the better the information. And an overload of information, that is, anything much beyond what is truly needed, leads to information blackout. It does not enrich, but impoverishes.
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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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Brilliant men are often strikingly ineffectual. They fail to realize that the brilliant insight is not by itself achievement. They never have learned that insights become effectiveness only through hard systematic work.
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Plans are worthless, but planning is invaluable.
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We know nothing about motivation. All we can do is write books about it.
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Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.
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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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As a rule we perceive what we expect to perceive... The unexpected is usually not received at all.
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The basic economic resource - the means of production - is no longer capital, nor natural resources, nor labor. It is and will be knowledge.
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The purpose of a business is to create a customer.
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Every success creates new opportunities. So does every failure.
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Spontaneity is an infinite number of rehearsed possibilities.
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Objectives are not commands they are commitments.
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If a manager spends more than 10 percent of his time on human relations the group is probably too large.
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The company is not and must never claim to be home, family, religion, life or fate for the individual. It must never interfere in his private life or his citizenship. He is tied to the company through a voluntary and cancellable employment contract, not through some mystical or indissoluble bond.
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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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