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Loafing is easy, but leisure is difficult.

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
Loafing
Leisure
Difficult
Easy

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Cultivate a deep understanding of yourself - not only what your strengths and weaknesses are but also how you learn, how you work with others, what your values are, and where you can make the greatest contribution. Because only when you operate from strengths can you achieve true excellence.
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If the feudal knight was the clearest embodiment of society in the early Middle Ages, and the bourgeois under Capitalism, the educated person will represent society in the post-capitalist society in which knowledge has become the central resource.
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Every single social and global issue of our day is a business opportunity in disguise.
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Plans are worthless, but planning is invaluable.
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Leaders shouldn?t attach moral significance to their ideas: Do that, and you can?t compromise.
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We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
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Accept the fact that we have to treat almost anybody as a volunteer.
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The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.
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There are only two things in a business that make money - innovation and marketing, everything else is cost.
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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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There is one qualification the manager cannot acquire but must bring to the task. It is not genius it is character.
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The large organization has to learn to innovate, or it won't survive.
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The corporation is the master, the employee is the servant. Because the corporation owns the means of production without which the employee could not make a living, the employee needs the corporation more than vice versa.
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Entrepreneurship is neither a science nor an art. It is a practice.
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What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous.
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If a manager spends more than 10 percent of his time on human relations the group is probably too large.
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Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you.
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We can ill afford to have activities conducted as non-profit, that is, as activities that devour capital rather than form it, if they can be organized as activities that form capital, as activities that make a profit.
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The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be fast.
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As to the idea that advertising motivates people, remember the Edsel.
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