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No single piece of macroeconomic advice given by the experts to their government has ever had the results predicted.
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
Ever
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Macroeconomic
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Macroeconomics
Government
Predicted
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No one learns as much about a subject as one who is forced to teach it.
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If the feudal knight was the clearest embodiment of society in the early Middle Ages, and the bourgeois under Capitalism, the educated person will represent society in the post-capitalist society in which knowledge has become the central resource.
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Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake.
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The strength of the computer lies in its being a logic machine. It does precisely what it is programed to do. This makes it fast and precise. It also makes it a total moron for logic is essentially stupid.
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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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The large organization has to learn to innovate, or it won't survive.
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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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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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Leadership is not rank, privileges, title or money. It is responsibility.
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Spontaneity is an infinite number of rehearsed possibilities.
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The worker's effectiveness is determined largely by the way he is being managed.
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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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The only skill that will be important in the 21st century is the skill of learning new skills.Everythi ng else will become obsolete over time.
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True marketing starts...with the customer, his demographics, his realities, his needs, his values. It does not ask, What do we want to sell? It asks, What does the customer want to buy?
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It is willingness of people to give of themselves over and above the demands of the job that distinguishes the great from the merely adequate.
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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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Systematic change requires a willingness to look on change as an opportunity.
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A business is not defined by its name, statutes, or articles of incorporation. It is defined by the business mission. Only a clear definition of the mission and purpose of the organization makes possible clear and realistic business objectives.
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