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Effective people are not problem minded they're opportunity-minded. They feed opportunities and starve problems. They think preventively.
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
Think
Minded
Thinking
Feed
People
Effective
Opportunities
Leadership
Problems
Opportunity
Problem
Starve
More quotes by Peter Drucker
Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion.
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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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I would hope that American managers-indeed, managers worldwide-continue to appreciate what I have been saying almost from day one: that management is so much more than exercising rank and privilege, that it is much more than making deals. Management affects people and their lives.
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It’s up to you to carve out your place, to know when to change course, and to keep yourself engaged and productive during a work life that may span some 50 years.
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A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.
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There is the general belief that the corporation income tax is a tax on the rich and on the fat cats. But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.
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The task of leadership is to create an alignment of strengths so strong that it makes the system's weaknesses irrelevant.
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No single piece of macroeconomic advice given by the experts to their government has ever had the results predicted.
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There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're doing. And finally there are companies that are good at innovation. Every large company has to be able to do all three - improve, extend, and innovate - simultaneously.
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The days of the 'intuitive' manager are numbered.
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You cannot prevent a major catastrophe, but you can build an organization that is battle-ready, where people trust one another. In military training, the first rule is to instill soldiers with trust in their officers - because without trust, they won't fight.
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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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Vision without execution is delusion. The joy is in the results
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Success always obsoletes the very behavior that achieved it.
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When the business grows, the person who founded it is incredibly busy. Rapid growth puts an enormous strain on a business. You outgrow your production facilities. You outgrow your management capabilities.
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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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Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
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