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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 .

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
Society
Indication
Change
Innovative
Every
Ahead
Period
Institutions
Periods
Technology
Rapid
Economy
Rapids

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Today knowledge has power. It controls access to opportunity and advancement.
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The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become everybody's entitlement and an increasing burden on those who produce.
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The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.
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To be a manager requires more than a title, a big office, and other outward symbols of rank. It requires competence and performance of a high order.
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Don't try to innovate for the future. Innovate for the present!
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More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject.
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With Christianity, freedom and equality became the two basic concepts of Europe they are themselves Europe.
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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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What is the major problem? It is fundamentally the confusion between effectiveness and efficiency that stands between doing the right things and doing things right. There is surely nothing quite so useless as doing with great efficiency what should not be done at all.
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If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.
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Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for force. It means the substitution of responsibility for obedience to rank, and of authority of performance for the authority of rank.
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Profit is not a cause but a result-
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The days of the 'intuitive' manager are numbered.
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Every enterprise is learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.
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The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether business or nonbusiness, will be its knowledge, workers, and their productivity.
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The question that faces the strategic decision maker is not what his organisation should do tomorrow. It is, what do we have to do today to be ready for an uncertain tomorrow?
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The basic economic resource - the means of production - is no longer capital, nor natural resources, nor labor. It is and will be knowledge.
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Vision without execution is delusion. The joy is in the results
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Time is the scarcest resource.
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No one learns as much about a subject as one who is forced to teach it.
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