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A success that has outlived its usefulness may, in the end, be more damaging than failure.
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
Ends
May
Outlived
Damaging
Usefulness
Failure
Success
More quotes by Peter Drucker
Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.
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I would hope that American managers-indeed, managers worldwide-continue to appreciate what I have been saying almost from day one: that management is so much more than exercising rank and privilege, that it is much more than making deals. Management affects people and their lives.
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What we are good at comes easy, and we believe that unless it comes hard, it can't be very good.
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Success? Odd as it seems, you will achieve the greates results in business and career if you drop the word 'achievement' from your vocabulary and replace it with 'contribution'.
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Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, Let's do a little bit of everything.
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Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.
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Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
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There's an enormous number of managers who have retired on the job.
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Loafing is easy, but leisure is difficult.
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The experience of the human race indicates strongly that the only person in abundant supply is the universal incompetent.
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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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If general perception changes from seeing the glass as 'half-full' to seeing it as 'half empty' there are major innovative opportunities.
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A manager is responsible for the application and performance of knowledge.
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Communism is evil. Its driving forces are the deadly sins of envy and hatred.
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Some of the best business and nonprofit CEOs I've worked with over a sixty-five-year consulting career were not stereotypical leaders. They were all over the map in terms of their personalities, attitudes, values, strengths, and weaknesses.
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When a resource is scarce, you increase its yield.
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The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.
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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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To be a manager requires more than a title, a big office, and other outward symbols of rank. It requires competence and performance of a high order.
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We can't make people better by trying to eliminate their weaknesses, but we can help then perform better by building on their strengths.
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