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One does not start with facts. One starts with opinions.

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
Opinion
Start
Facts
Doe
Opinions
Starts

More quotes by Peter Drucker

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Adversarial power relationships only work if you never have to see or work with the bastards again.
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Efficiency is doing better what is already being done.
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If a business is to be considered a continuous process, instead of a series of disjointed stop-and-go events, then the economic universe in which a business operates-and all the major events within it-must have rhyme, rhythm, or reason.
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Most innovators are successful to the extent to which they define risks and confine them.
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Nothing is less productive than to make more efficient what should not be done at all.
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Ideas are like frog eggs: you've got to lay a thousand to hatch one.
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During periods of discontinuous, abrupt change, the essence of adaptation involves a keen sensitivity to what should be abandoned - not what should be changed or introduced. A willingness to depart from the familiar has distinct survival value.
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We have tried to substitute mass for purpose. We have tried to regain military potency of defense by making it gigantic, unwieldy, complex. It never works.
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Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.
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There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere... In every case the opposition could only be overcome - peacefully or by force - because of the promise of capitalism to establish equality... That this promise was an illusion we all know.
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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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There are no creeds in mathematics.
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Time is the scarcest resource.
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What people in business think they know about the customer and market is likely to be more wrong than right...the customer rarely buys what the business thinks it sells him.
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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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The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
Peter Drucker
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The problem in my life and other people's lives is not the absence of knowing what to do but the absence of doing it.
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Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.
Peter Drucker
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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.
Peter Drucker
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The days of the 'intuitive' manager are numbered.
Peter Drucker