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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
Need
Country
Shortage
Needs
Suffers
Model
Models
Laws
Law
Suffering
More quotes by Peter Drucker
In the modern corporation the decisive power, that of the managers , is derived from no one but the managers themselves controlled by nobody and nothing and responsible to no one. It is in the most literal sense unfounded, unjustified, uncontrolled and irresponsible power.
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Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.
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Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service.
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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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The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it.
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Fascism is the result of the collapse of Europe's spiritual and social order... catastrophes broke through the everyday routine which makes men accept existing forms, institutions and tenets as unalterable natural laws. They suddenly exposed the vacuum behind the facade of society.
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We have only one alternative: either to build a functioning industrial society or see freedom itself disappear in anarchy and tyranny.
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In a rural society communities are given for the individual. Community is a fact, whether family or religion, social class or caste.
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What can I contribute that will significantly affect the performance and the results of the institution I serve?
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Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake.
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What's measured improves
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If socialism is defined as ownership of the means of production--and this is both the orthodox and the only rigorous definition--then the United States is the first truly Socialist country.
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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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There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're doing. And finally there are companies that are good at innovation. Every large company has to be able to do all three - improve, extend, and innovate - simultaneously.
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Every organization must be prepared to abandon everything it does to survive in the future.
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Do the right things instead of trying to do everything right.
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If you want to predict the future create it.
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The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
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Spontaneity is an infinite number of rehearsed possibilities.
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You can't manage knowledge.Knowledge is between two ears and only between two ears.
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