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People who need certainty are unlikely to make good entrepreneurs.
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
Need
Needs
Make
Good
People
Entrepreneurs
Unlikely
Entrepreneur
Certainty
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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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Conductors do not know how the oboe does its work, but they know what the oboe should contribute.
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Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.
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We can ill afford to have activities conducted as non-profit, that is, as activities that devour capital rather than form it, if they can be organized as activities that form capital, as activities that make a profit.
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Cultivate a deep understanding of yourself - not only what your strengths and weaknesses are but also how you learn, how you work with others, what your values are, and where you can make the greatest contribution. Because only when you operate from strengths can you achieve true excellence.
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The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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Most innovators are successful to the extent to which they define risks and confine them.
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Institutions mistake good intentions for objectives. They say health care that's an intention, not an objective.
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Culture eats Christianity for breakfast.
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Objectives can be compared to a compass bearing by which a ship navigates. A compass bearing is firm, but in actual navigation, a ship may veer off its course for many miles. Without a compass bearing, a ship would neither find its port nor be able to estimate the time required to get there.
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You can't manage knowledge.Knowledge is between two ears and only between two ears.
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Far too much reorganization goes on all the time. Organizitis is like a spastic colon.
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Managers are the basic and scarcest resource of any business enterprise.
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Providing more desirable products, services, and customer experiences is vital to the continued existence of any business. And that is INNOVATION.
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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.
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Look upon every obstacle as part payment towards your success.
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The more successful the unit, the more difficult it is to make sure that the large company doesn't put the same expectations on it as it does for the rest of the company. When it's a new venture, whether it's outside or inside the business, it's a child. And you don't put a 40-pound pack on a 6-year-old's back when you take her hiking.
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We can't make people better by trying to eliminate their weaknesses, but we can help then perform better by building on their strengths.
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There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere... In every case the opposition could only be overcome - peacefully or by force - because of the promise of capitalism to establish equality... That this promise was an illusion we all know.
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The better a man is the more mistakes will he make – for the more new things he will try.
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