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Promotion should not be more important than accomplishment, or avoiding instability more important than taking the right risk.

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
Right
Important
Instability
Promotion
Avoiding
Accomplishment
Taking
Risk

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The race for Quality has no finish line - so technically, it's more like a death march. Efficiency is doing things right effectiveness is doing the right things.
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One cannot manage change. One can only be ahead of it.
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We have tried to substitute mass for purpose. We have tried to regain military potency of defense by making it gigantic, unwieldy, complex. It never works.
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Many studies of research scientists have shown that achievement (at least below the genius level of an Einstein, Bohr, or a Planck) depends less on ability in doing research than on the courage to go after opportunity.
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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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The basic economic resource - the means of production - is no longer capital, nor natural resources, nor labor. It is and will be knowledge.
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All good strategy eventually degenerates into work.
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Decision making is the specific executive task.
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No other area offers richer opportunities for successful innovation than the unexpected success.
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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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What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous.
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Systematic change requires a willingness to look on change as an opportunity.
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The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
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Successful leaders don't start out asking, 'What do I want to do?' They ask, 'What needs to be done?' Then they ask, 'Of those things that would make a difference, which are right for me?'
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