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It’s up to you to carve out your place, to know when to change course, and to keep yourself engaged and productive during a work life that may span some 50 years.

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
Life
Courses
Course
Keep
Place
Change
Carve
May
Span
Work
Productive
Years
Engaged

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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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An employer has no business with a man's personality... The task is not to change personality, but to enable a person to achieve and to perform.
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There are no creeds in mathematics.
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Entrepreneurship is neither a science nor an art. It is a practice.
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Successful careers are not planned. They develop when people are prepared for opportunities because they know their strengths, their method of work, and their values. Knowing where one belongs can transform an ordinary person - hardworking and competent but otherwise mediocre - into an outstanding performer.
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What we are good at comes easy, and we believe that unless it comes hard, it can't be very good.
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We have only one alternative: either to build a functioning industrial society or see freedom itself disappear in anarchy and tyranny.
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Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
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It is willingness of people to give of themselves over and above the demands of the job that distinguishes the great from the merely adequate.
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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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The true business of every company is to make and keep customers.
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In the modern corporation the decisive power, that of the managers , is derived from no one but the managers themselves controlled by nobody and nothing and responsible to no one. It is in the most literal sense unfounded, unjustified, uncontrolled and irresponsible power.
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Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion.
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Everything must degenerate into work if anything is to happen.
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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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Of all the decisions an executive makes, none is as important as the decisions about people, because they determine the performance capacity of the organization.
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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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Executives do many things in addition to making decisions. But only executives make decisions. The first managerial skill is, therefore, the making of effective decisions.
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Universities won't survive. The future is outside the traditional campus, outside the traditional classroom. Distance learning is coming on fast.
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