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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
Done
Degenerate
Make
Degenerates
Entrepreneur
Condition
Likely
Conditions
Decision
Nothing
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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
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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.
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Today knowledge has power. It controls access to opportunity and advancement.
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The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.
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In a rural society communities are given for the individual. Community is a fact, whether family or religion, social class or caste.
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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.
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Leadership is not rank, privileges, title or money. It is responsibility.
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Successful people know they need to get many things done-and done effectively. Therefore, they concentrate their time and energy on doing one thing at a time-and on doing first things firs.
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[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.
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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.
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Communism is evil. Its driving forces are the deadly sins of envy and hatred.
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If a business is to be considered a continuous process, instead of a series of disjointed stop-and-go events, then the economic universe in which a business operates-and all the major events within it-must have rhyme, rhythm, or reason.
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Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership.
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If the feudal knight was the clearest embodiment of society in the early Middle Ages, and the bourgeois under Capitalism, the educated person will represent society in the post-capitalist society in which knowledge has become the central resource.
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Use feedback analysis to identify your strengths. Then go to work on improving your strengths. Identify and eliminate bad habits that hinder the full development of your strengths. Figure out what you should do and do it. Finally, decide what you should not do.
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The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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Most of what you hear about entrepreneurshi p is all wrong. It's not magic it's not mysterious and it has nothing to do with genes. It's a discipline and, like any discipline, it can be learned.
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Our most important education system is in the employees' own organization.
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Knowledge applied is productivity.
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The worker's effectiveness is determined largely by the way he is being managed.
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