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Planning is actually incompatible with an entrepreneurial society and economy. Planning is the kiss of death of entrepreneurship.
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
Entrepreneurship
Kiss
Planning
Kissing
Economy
Society
Actually
Incompatible
Death
Entrepreneurial
More quotes by Peter Drucker
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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The question that faces the strategic decision maker is not what his organisation should do tomorrow. It is, what do we have to do today to be ready for an uncertain tomorrow?
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Cultivate a deep understanding of yourself - not only what your strengths and weaknesses are but also how you learn, how you work with others, what your values are, and where you can make the greatest contribution. Because only when you operate from strengths can you achieve true excellence.
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What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous.
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There is a point of complexity beyond which a business is no longer manageable.
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If a manager spends more than 10 percent of his time on human relations the group is probably too large.
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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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Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for force. It means the substitution of responsibility for obedience to rank, and of authority of performance for the authority of rank.
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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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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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The large organization has to learn to innovate, or it won't survive.
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You cannot prevent a major catastrophe, but you can build an organization that is battle-ready, where people trust one another. In military training, the first rule is to instill soldiers with trust in their officers - because without trust, they won't fight.
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Management is not being brilliant. Management is being conscientious.
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Businesses are not paid to reform customers. They are paid to satisfy customers.
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When a resource is scarce, you increase its yield.
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The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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That the government's power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer-even though it is used only when a strike threatens the national health, welfare, or safety-is a grave blemish and explains much of union resistance to the Act.
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Everything must degenerate into work if anything is to happen.
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An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction.
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The days of the 'intuitive' manager are numbered.
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