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Most innovators are successful to the extent to which they define risks and confine them.
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
Extent
Define
Risk
Successful
Confine
Innovators
Risks
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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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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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A manager is responsible for the application and performance of knowledge.
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As to the idea that advertising motivates people, remember the Edsel.
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The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.
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The tool user, provided the tool is made well, need not, and indeed should not, know anything about the tool.
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Success in the knowledge economy comes to those who know themselves - their strengths, their values, and how they best perform.
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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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The single most important thing to remember about any enterprise is that results exist only on the outside.The result of a business is a satisfied customer. The result of a hospital is a satisfied patient. The result of a school is a student who has learned something and puts it to work ten years later. Inside an enterprise there are only costs.
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We live in an age of unprecedented opportunity: If you’ve got ambition and smarts, you can rise to the top of your chosen profession, regardless of where you started out.
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Effective people are not problem minded they're opportunity-minded. They feed opportunities and starve problems. They think preventively.
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Everything must degenerate into work if anything is to happen.
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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.
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As a manager you're paid to be uncomfortable. If you're comfortable, it's a sure sign you're doing things wrong.
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Every organization has to prepare for the abandonment of everything it does.
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