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We do not need more laws . No country suffers from a shortage of laws. We need a new model .

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
Law
Suffering
Need
Country
Shortage
Needs
Suffers
Model
Models
Laws

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There is every indication that the period ahead will be an innovative one, one of rapid change in technology , society , economy , and institutions .
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Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
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The company is not and must never claim to be home, family, religion, life or fate for the individual. It must never interfere in his private life or his citizenship. He is tied to the company through a voluntary and cancellable employment contract, not through some mystical or indissoluble bond.
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The world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other.
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We live in an age of unprecedented opportunity: If you’ve got ambition and smarts, you can rise to the top of your chosen profession, regardless of where you started out.
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You can either take action, or you can hang back and hope for a miracle. Miracles are great, but they are so unpredictable.
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Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
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Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist and cannot yet be clearly defined.
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Doing the right thing is more important than doing the thing right.
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It is easier to raise the performance of one leader than it is to raise the performance of a whole mass.
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Conductors do not know how the oboe does its work, but they know what the oboe should contribute.
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Plans are only good intentions unless they immediately degenerate into hard work.
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The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
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And no matter how serious an environmental problem the automobile poses in today's big city, the horse was dirtier, smelled worse, killed and maimed more people, and congested the streets just as much.
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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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Entrepreneurship is neither a science nor an art. It is a practice.
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Promotion should not be more important than accomplishment, or avoiding instability more important than taking the right risk.
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Culture eats Christianity for breakfast.
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