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Organizationally what is required - and evolving - is systems management.
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
Evolving
Required
Evolve
Systems
Management
More quotes by Peter Drucker
To make a living is no longer enough. Work also has to make a life.
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Some of the best business and nonprofit CEOs I've worked with over a sixty-five-year consulting career were not stereotypical leaders. They were all over the map in terms of their personalities, attitudes, values, strengths, and weaknesses.
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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
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Understanding our strengths, articulating our values, knowing where we belong -- these are also essential to addressing one of the great challenges of organizations: improving the abysmally low productivity of knowledge workers.
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That people even in well paid jobs choose ever earlier retirement is a severe indictment of our organizations - not just business, but government service, the universities. These people don't find their jobs interesting.
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What's absolutely unforgivable is the financial benefit top management people get for laying off people. There's no excuse for it. No justification. No explanation. This is morally and socially unforgivable, and we'll pay a very nasty price.
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The only things that evolve by themselves in an organization are disorder, friction and malperformance.
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The purpose of a business is to create a customer.
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Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - accounting and what have you - but you can't teach them management.
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The computer, being a mechanical moron, can handle only quantifiable data.
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Marketing is the distinguishing, unique function of the business.
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Strong people have strong weaknesses.
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Adequacy is the enemy of excellence.
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Nothing is less productive than to make more efficient what should not be done at all.
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Our society has become an employee society.
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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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Look upon every obstacle as part payment towards your success.
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Every organization has to prepare for the abandonment of everything it does.
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It’s up to you to carve out your place, to know when to change course, and to keep yourself engaged and productive during a work life that may span some 50 years.
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