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

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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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Business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.
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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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Through systematic terror, through indoctrination, through systematic manipulation of stimulus, reward, and punishment, we can today break man and convert him into brute animal... The first step toward survival is therefore to make government legitimate again by attempting to deprive it of these powers... by international action to ban such powers.
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Mother Teresa's numerical results were not her greatest contribution. Instead, she made the world-and especially India-conscious of compassion.
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There's nothing so useless than executing a task efficiently when it actually never should have been executed at all.
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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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Successful careers are not planned. They develop when people are prepared for opportunities because they know their strengths, their method of work, and their values. Knowing where one belongs can transform an ordinary person - hardworking and competent but otherwise mediocre - into an outstanding performer.
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Defending yesterday is far more risky than making tomorrow.
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In the managerial organization, the top people sit in judgment in the innovative organization it is their job to encourage ideas, no matter how unripe or crude.
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The experience of the human race indicates strongly that the only person in abundant supply is the universal incompetent.
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The single minded ones, the monomaniacs, are the only true achievers
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Marketing is the distinguishing, unique function of the business.
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What we are good at comes easy, and we believe that unless it comes hard, it can't be very good.
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Ideas are cheap and abundant what is of value is the effective placement of those ideas into situations that develop into action.
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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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No executive has ever suffered because his subordinates were strong and effective.
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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 man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths.
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Working with people is difficult, but not impossible.
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