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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.

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
Colleagues
Executives
Superiors
Effective
Strength
Subordinates
Situation
Builds
Strengths
Executive

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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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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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There are two types of people in the business community: those who produce results and those who give you reasons why they didn't.
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Adversarial power relationships only work if you never have to see or work with the bastards again.
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What people in business think they know about the customer and market is likely to be more wrong than right...the customer rarely buys what the business thinks it sells him.
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Time is the scarcest resource.
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Increasingly, politics is not about who gets what, when, how but about values, each of them considered to be absolute. Politics is about the right to life...It is about the environment. It is about gaining equality for groups alleged to be oppressed...None of these issues is economic. All are fundamentally moral.
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Many studies of research scientists have shown that achievement (at least below the genius level of an Einstein, Bohr, or a Planck) depends less on ability in doing research than on the courage to go after opportunity.
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The world economy is not yet a community--not even an economic community...Yet the existence of the global shopping center is a fact that cannot be undone. The vision of an economy for all will not be forgotten again.
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Look upon every obstacle as part payment towards your success.
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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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The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.
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The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become everybody's entitlement and an increasing burden on those who produce.
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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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We know nothing about motivation. All we can do is write books about it.
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There is nothing so useless as doing efficiently that which should not be done at all.
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With Christianity, freedom and equality became the two basic concepts of Europe they are themselves Europe.
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We always remember best the irrelevant.
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Don't solve problems. Pursue opportunities.
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