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The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether business or nonbusiness, will be its knowledge, workers, and their productivity.
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
Workers
Valuable
Institutions
Productivity
Century
Institution
Company
Equipment
Knowledge
Assets
Whether
Production
Business
Productions
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Every enterprise is learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.
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The dilemma of modern society: the conflict between the need for capital formation at a high rate and the popular condemnation of interest and dividends as unearned income and capitalist, if not as sinful and wicked.
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Here I am, fifty-eight, and I still don't know what I'm going to be when I grow up.
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The first organization structure in the modern West was laid down in the canon law of the Catholic Church eight hundred years ago.
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