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The tool user, provided the tool is made well, need not, and indeed should not, know anything about the tool.

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
Made
Tool
Indeed
Tools
Anything
Wells
Well
User
Need
Users
Needs
Provided

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Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
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In todays economy, the most important resource is no longer labor, capital or land it is knowledge
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Political freedom is neither easy nor automatic, neither pleasant nor secure. It is the responsibility of the individual for the decisions of society as if they were his own decisions-as in moral truth and accountability they are.
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Salvation by society failed the most where it promised the most, in the communist countries. But it also failed in the West. Practically no government program enacted since the 1950s in the Western world - or in the communist countries - has been successful.
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The only thing we know about the future is that it will be different.
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Communism is evil. Its driving forces are the deadly sins of envy and hatred.
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What gets measured gets managed.
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Planning is actually incompatible with an entrepreneurial society and economy. Planning is the kiss of death of entrepreneurship.
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Plans are only good intentions unless they immediately degenerate into hard work.
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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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One does not start with facts. One starts with opinions.
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The fruit of your work grows on other people's trees
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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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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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The really important things are said over cocktails and are never done.
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That the government's power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer-even though it is used only when a strike threatens the national health, welfare, or safety-is a grave blemish and explains much of union resistance to the Act.
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The purpose of a business is to create a customer.
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It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity.
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The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let the successor run the company.
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We always remember best the irrelevant.
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