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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
May
Outlived
Damaging
Usefulness
Failure
Success
Ends
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Look upon every obstacle as part payment towards your success.
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Success always obsoletes the very behavior that achieved it.
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Every enterprise is learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.
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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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Everything must degenerate into work if anything is to happen.
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Without institution there is no management. But without management there is no institution.
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Most of what you hear about entrepreneurshi p is all wrong. It's not magic it's not mysterious and it has nothing to do with genes. It's a discipline and, like any discipline, it can be learned.
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The only industries that function well are the industries that take responsibility for training. The Japanese, you know, assume that when you first come to work you know absolutely nothing. School isn't preparation for work and never was.
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When Henry Ford said, The customer can have a car in any color as long as it's black, he was not joking.
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Do the right things instead of trying to do everything right.
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Spontaneity is an infinite number of rehearsed possibilities.
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The essence of management is to make knowledge productive.
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Organizationally what is required - and evolving - is systems management.
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People in any organization, including bureaucrats and politicians, are always attached to the obsolete the obsolescent the things that should have worked but didn't the things that once were productive and no longer are.
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If you're not living life on the edge, you're taking up too much space. The best way to predict the future is to create it.
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Thus, for those who are willing to go out into the field, to look and to listen, changing demographics is both a highly productive and a highly dependable innovation opportunity.
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Marketing is the distinguishing, unique function of the business.
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Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.
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Ideas are like frog eggs: you've got to lay a thousand to hatch one.
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