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A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.

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
Decades
Ahead
Management
Tasks
Primaries
Countries
Primary
Knowledge
Developed
Country
Productive
Make
Task

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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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Decisions of the kind the executive has to make are not made well by acclamation. They are made well only if based on the clash of conflicting views...The first rule in decision-making is that one does not make a decision unless there is disagreement.
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Defending yesterday is far more risky than making tomorrow.
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In the modern corporation the decisive power, that of the managers , is derived from no one but the managers themselves controlled by nobody and nothing and responsible to no one. It is in the most literal sense unfounded, unjustified, uncontrolled and irresponsible power.
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No financial man will ever understand business because financial people think a company makes money. A company makes shoes, and no financial man understands that. They think money is real. Shoes are real.
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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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Meetings are a symptom of bad organization. The fewer meetings the better.
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Businesses are not paid to reform customers. They are paid to satisfy customers.
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The race for Quality has no finish line - so technically, it's more like a death march. Efficiency is doing things right effectiveness is doing the right things.
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For new technology to replace old, it has to have at least ten times the benefit.
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