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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
Single
Issues
Opportunity
Business
Social
Every
Disguise
Global
Issue

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The essence of management is to make knowledge productive.
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A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths.
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In the managerial organization, the top people sit in judgment in the innovative organization it is their job to encourage ideas, no matter how unripe or crude.
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An effective executive builds on strengths - their own strengths, the strengths of superiors, colleagues, subordinates, and on the strength of the situation.
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Objectives can be compared to a compass bearing by which a ship navigates. A compass bearing is firm, but in actual navigation, a ship may veer off its course for many miles. Without a compass bearing, a ship would neither find its port nor be able to estimate the time required to get there.
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The young knowledge worker whose job is too small to challenge and test his abilities either leaves or declines rapidly into premature middle age, soured, cynical, unproductive.
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We can ill afford to have activities conducted as non-profit, that is, as activities that devour capital rather than form it, if they can be organized as activities that form capital, as activities that make a profit.
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Nothing is less productive than to make more efficient what should not be done at all.
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Institutions mistake good intentions for objectives. They say health care that's an intention, not an objective.
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What can I contribute that will significantly affect the performance and the results of the institution I serve?
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Profit is not a cause but a result-
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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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Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
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Elephants have a hard time adapting. Cockroaches outlive everything.
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Most innovators are successful to the extent to which they define risks and confine them.
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Loafing is easy, but leisure is difficult.
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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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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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Thus, for those who are willing to go out into the field, to look and to listen, changing demographics is both a highly productive and a highly dependable innovation opportunity.
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