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Every single social and global issue of our day is a business opportunity in disguise.

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
Issues
Opportunity
Business
Social
Every
Disguise
Global
Issue
Single

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Through systematic terror, through indoctrination, through systematic manipulation of stimulus, reward, and punishment, we can today break man and convert him into brute animal... The first step toward survival is therefore to make government legitimate again by attempting to deprive it of these powers... by international action to ban such powers.
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Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.
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It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity.
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Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
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Communism is evil. Its driving forces are the deadly sins of envy and hatred.
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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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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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Conductors do not know how the oboe does its work, but they know what the oboe should contribute.
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The job of a professional manager is not to like people. It is not to change people. It is to put their strengths to work.
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The relevant question is not simply what shall we do tomorrow, but rather what shall we do today in order to get ready for tomorrow.
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To make the future demands courage. It demands work. But it also demands faith.
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The productivity of work is not the responsibility of the worker but of the manager.
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Promotion should not be more important than accomplishment, or avoiding instability more important than taking the right risk.
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Every success creates new opportunities. So does every failure.
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True marketing starts...with the customer, his demographics, his realities, his needs, his values. It does not ask, What do we want to sell? It asks, What does the customer want to buy?
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If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.
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Knowledge is power, which is why people who had it in the past often tried to make a secret of it. In post-capitalism, power comes from transmitting information to make it productive, not from hiding it.
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The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.
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Working with people is difficult, but not impossible.
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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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