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Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service.
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
Innovation
Different
Service
Tools
Exploit
Opportunity
Exploits
Means
Entrepreneurs
Business
Tool
Specific
Change
Entrepreneur
Mean
More quotes by Peter Drucker
It is easier to raise the performance of one leader than it is to raise the performance of a whole mass.
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The enterprise can fulfill its human and social functions only if it prospers as a business.
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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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Most innovators are successful to the extent to which they define risks and confine them.
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Any organisation develops people it either forms them or deforms them.
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Efficiency is doing better what is already being done.
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We have tried to substitute mass for purpose. We have tried to regain military potency of defense by making it gigantic, unwieldy, complex. It never works.
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Never ask who's right. Start out by asking what is right. And you find that out by listening to dissenting, disagreeing opinions.
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Our most important education system is in the employees' own organization.
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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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Change is the norm unless an organization sees that its task is to lead change, that organization will not survive.
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The large organization has to learn to innovate, or it won't survive.
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There is the general belief that the corporation income tax is a tax on the rich and on the fat cats. But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.
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Marketing is not only much broader than selling, it is not a specialized activity at all. It encompasses the entire business. It is the whole business seen from the point of view of its final result, that is, from the customer's point of view.
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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 is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
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Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, Let's do a little bit of everything.
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Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility, unable to change
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Success always obsoletes the very behavior that achieved it.
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