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The experience of the human race indicates strongly that the only person in abundant supply is the universal incompetent.
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
Human
Incompetent
Humans
Supply
Strongly
Universal
Race
Experience
Persons
Indicates
Person
Abundant
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As to the idea that advertising motivates people, remember the Edsel.
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The greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships based... on partnership.
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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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Too many leaders try to do a little bit of 25 things and get nothing done. They are very popular because they always say yes. But they get nothing done.
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The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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Efficiency is doing better what is already being done.
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Objectives are not commands they are commitments.
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Time is the scarcest resource and unless it is managed nothing else can be managed.
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No other area offers richer opportunities for successful innovation than the unexpected success.
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There is no perfect strategic decision. One always has to pay a price. One always has to balance conflicting objectives, conflicting opinions, and conflicting priorities. The best strategic decision is only an approximation - and a risk.
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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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[T]hroughout the ages to be educated meant to be unproductive.... our word school - and its equivalent in all European languages - derives from a Greek word meaning leisure.
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Most innovators are successful to the extent to which they define risks and confine them.
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