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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
Failure
Success
Opportunity
Doe
Every
Creates
Opportunities

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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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The enterprise can fulfill its human and social functions only if it prospers as a business.
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No other area offers richer opportunities for successful innovation than the unexpected success.
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Conductors do not know how the oboe does its work, but they know what the oboe should contribute.
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Today knowledge has power. It controls access to opportunity and advancement.
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In the managerial organization, the top people sit in judgment in the innovative organization it is their job to encourage ideas, no matter how unripe or crude.
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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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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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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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No financial man will ever understand business because financial people think a company makes money. A company makes shoes, and no financial man understands that. They think money is real. Shoes are real.
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Time is the scarcest resource.
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