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There is a point of complexity beyond which a business is no longer manageable.
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
Manageable
Complexity
Beyond
Longer
Point
Business
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Spontaneity is an infinite number of rehearsed possibilities.
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Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society - its worldview, its basic values, its social and political structures, its art, its key institutions - rearranges itself. We are currently living through such a time.
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A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.
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Planning is actually incompatible with an entrepreneurial society and economy. Planning is the kiss of death of entrepreneurship.
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The days of the 'intuitive' manager are numbered.
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The only thing we know about the future is that it will be different.
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Quality in a service or product is not what you put into it. It is what the client or customer gets out of it.
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We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
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Don't solve problems. Pursue opportunities.
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The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the MANUAL WORKER in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of KNOWLEDGE WORK and the KNOWLEDGE WORKER.
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Business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.
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Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion.
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The purpose of information is not knowledge. It is being able to take the right action.
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The best plan is only a plan... unless it degerates into work.
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Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - accounting and what have you - but you can't teach them management.
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