Quote

Providing more desirable products, services, and customer experiences is vital to the continued existence of any business. And that is INNOVATION.

Peter Drucker

Change background

T
T
T

Change font

TAGS & TOPICS

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
Providing
Vital
Customers
Innovation
Experiences
Customer
Products
Continued
Existence
Desirable
Business
Services

More quotes by Peter Drucker

Image
Every success creates new opportunities. So does every failure.
Peter Drucker
Image
Thus, for those who are willing to go out into the field, to look and to listen, changing demographics is both a highly productive and a highly dependable innovation opportunity.
Peter Drucker
Image
Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake.
Peter Drucker
Image
The true business of every company is to make and keep customers.
Peter Drucker
Image
In todays economy, the most important resource is no longer labor, capital or land it is knowledge
Peter Drucker
Image
There is one qualification the manager cannot acquire but must bring to the task. It is not genius it is character.
Peter Drucker
Image
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.
Peter Drucker
Image
Innovation requires us to systematically identify changes that have already occurred in a business - in demographics, in values, in technology or science - and then to look at them as opportunities. It also requires something that is most difficult for existing companies to do: to abandon rather than defend yesterday.
Peter Drucker
Image
Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
Peter Drucker
Image
The best plan is only a plan... unless it degerates into work.
Peter Drucker
Image
If you're not living life on the edge, you're taking up too much space. The best way to predict the future is to create it.
Peter Drucker
Image
To make knowledge productive, we will have to learn to see both forest and tree. We will have to learn to connect.
Peter Drucker
Image
The days of the 'intuitive' manager are numbered.
Peter Drucker
Image
Marketing is the distinguishing, unique function of the business.
Peter Drucker
Image
Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, Let's do a little bit of everything.
Peter Drucker
Image
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.
Peter Drucker
Image
(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
Peter Drucker
Image
Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.
Peter Drucker
Image
Effective people are not problem minded they're opportunity-minded. They feed opportunities and starve problems. They think preventively.
Peter Drucker
Image
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.
Peter Drucker