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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
Laws
Law
Suffering
Need
Country
Shortage
Needs
Suffers
Model
Models

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Spontaneity is an infinite number of rehearsed possibilities.
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Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership.
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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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The worker's effectiveness is determined largely by the way he is being managed.
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No one learns as much about a subject as one who is forced to teach it.
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The area in which the executive first encounters the challenge of strength is in staffing. The effective executive fills positions and promotes on the basis of what a man can do. He does not make staffing decisions to minimize weaknesses but to maximize strength.
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Never ask who's right. Start out by asking what is right. And you find that out by listening to dissenting, disagreeing opinions.
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We can ill afford to have activities conducted as non-profit, that is, as activities that devour capital rather than form it, if they can be organized as activities that form capital, as activities that make a profit.
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Trust is congruence between what you say and what you do.
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Today knowledge has power. It controls access to opportunity and advancement.
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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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Marketing is not only much broader than selling, it is not a specialized activity at all. It encompasses the entire business. It is the whole business seen from the point of view of its final result, that is, from the customer's point of view.
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The best way to predict the future is to create it.
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The greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships based... on partnership.
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A business is not defined by its name, statutes, or articles of incorporation. It is defined by the business mission. Only a clear definition of the mission and purpose of the organization makes possible clear and realistic business objectives.
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A fundamental responsibility of leadership is make sure that everybody knows the mission, understands it, lives it.
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As to the idea that advertising motivates people, remember the Edsel.
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There is a point of complexity beyond which a business is no longer manageable.
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Defending yesterday is far more risky than making tomorrow.
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