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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.
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
Magic
Learned
Hear
Wrong
Nothing
Like
Genes
Mysterious
Discipline
More quotes by Peter Drucker
A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.
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Tomorrow always arrives. It is always different. And even the mightiest company is in trouble if it has not worked on the future. Being surprised by what happens is a risk that even the largest and richest company cannot afford, and even the smallest business need not run.
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The most important decisions in organizations are people decisions, and yet only the military, and only recently, has begun to ask, If we assign this general to lead this base, what do we expect him to accomplish?
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A manager's task is to make the strengths of people effective and their weakness irrelevant - and that applies fully as much to the manager's boss as it applies to the manager's subordinates.
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The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be fast.
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The days of the 'intuitive' manager are numbered.
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We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
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Trust is congruence between what you say and what you do.
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That the government's power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer-even though it is used only when a strike threatens the national health, welfare, or safety-is a grave blemish and explains much of union resistance to the Act.
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Mission defines strategy, and strategy defines structure.
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There is one qualification the manager cannot acquire but must bring to the task. It is not genius it is character.
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Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you.
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The computer, being a mechanical moron, can handle only quantifiable data.
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When Henry Ford said, The customer can have a car in any color as long as it's black, he was not joking.
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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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Culture eats Christianity for breakfast.
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Every success creates new opportunities. So does every failure.
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The more successful the unit, the more difficult it is to make sure that the large company doesn't put the same expectations on it as it does for the rest of the company. When it's a new venture, whether it's outside or inside the business, it's a child. And you don't put a 40-pound pack on a 6-year-old's back when you take her hiking.
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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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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
