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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
Experience
Persons
Indicates
Person
Abundant
Human
Incompetent
Humans
Supply
Strongly
Universal
Race
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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.
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Loafing is easy, but leisure is difficult.
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Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
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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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[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.
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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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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 with every phenomenon of the objective universe, the first step toward understanding work is to analyze it.
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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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You can't manage knowledge.Knowledge is between two ears and only between two ears.
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Effective organizations put people in jobs in which they can do the most good. They place people -- and allow people to place themselves -- according to their strengths.
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Look upon every obstacle as part payment towards your success.
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To arrive at the definition of the problem he must begin by finding the 'critical factor'. This is the element (or elements) in the situation that has to be changed before anything else can be changed, moved, acted upon.
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The most important decisions in organizations are people decisions, and yet only the military, and only recently, has begun to ask, If we assign this general to lead this base, what do we expect him to accomplish?
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Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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Efficiency is doing better what is already being done.
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Fascism is the result of the collapse of Europe's spiritual and social order... catastrophes broke through the everyday routine which makes men accept existing forms, institutions and tenets as unalterable natural laws. They suddenly exposed the vacuum behind the facade of society.
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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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Adversarial power relationships only work if you never have to see or work with the bastards again.
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What we are good at comes easy, and we believe that unless it comes hard, it can't be very good.
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