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Look at government programs for the past fifty years. Every single one - except warfare - achieved the exact opposite of its announced goal.
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
Government
Fifty
Look
Opposite
Looks
Opposites
Every
Program
Announced
Years
Except
Warfare
Single
Exact
Goal
Programs
Past
Achieved
More quotes by Peter Drucker
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 young knowledge worker whose job is too small to challenge and test his abilities either leaves or declines rapidly into premature middle age, soured, cynical, unproductive.
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You can't manage knowledge.Knowledge is between two ears and only between two ears.
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To make the future demands courage. It demands work. But it also demands faith.
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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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Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.
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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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The dilemma of modern society: the conflict between the need for capital formation at a high rate and the popular condemnation of interest and dividends as unearned income and capitalist, if not as sinful and wicked.
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The purpose of information is not knowledge. It is being able to take the right action.
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Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
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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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Far too much reorganization goes on all the time. Organizitis is like a spastic colon.
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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.
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There is a point of complexity beyond which a business is no longer manageable.
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In a rural society communities are given for the individual. Community is a fact, whether family or religion, social class or caste.
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Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
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Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist and cannot yet be clearly defined.
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Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted this unique, irreplaceable, and necessary resource. Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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The subordinate's job is not to reform or reeducate the boss, not to make him conform to what the business schools or the management book say bosses should be like. It is to enable a particular boss to perform as a unique individual.
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The most effective way to manage change is to create it.
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