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Every success creates new opportunities. So does every failure.
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
Success
Opportunity
Doe
Every
Creates
Opportunities
Failure
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A success that has outlived its usefulness may, in the end, be more damaging than failure.
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With Christianity, freedom and equality became the two basic concepts of Europe they are themselves Europe.
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The leader of the past was a person who knew how to tell. The leader of the future will be a person who knows how to ask.
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Working with people is difficult, but not impossible.
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It is commonly believed that innovations create changes - but few ever do. Successful innovations exploit changes that have already happened.
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Our most important education system is in the employees' own organization.
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Ideas are like frog eggs: you've got to lay a thousand to hatch one.
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Do the right things instead of trying to do everything right.
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No one learns as much about a subject as one who is forced to teach it.
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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 world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other.
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Strong people have strong weaknesses.
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Successful people know they need to get many things done-and done effectively. Therefore, they concentrate their time and energy on doing one thing at a time-and on doing first things firs.
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The 1st question the effective decision-maker asks is: 'Is this a generic situation or an exception?'
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Never ask who's right. Start out by asking what is right. And you find that out by listening to dissenting, disagreeing opinions.
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When Henry Ford said, The customer can have a car in any color as long as it's black, he was not joking.
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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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Most of what we call management consists of making it difficult for people to get their work done.
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