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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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Our most important education system is in the employees' own organization.
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Salvation by society failed the most where it promised the most, in the communist countries. But it also failed in the West. Practically no government program enacted since the 1950s in the Western world - or in the communist countries - has been successful.
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Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
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The task of leadership is to create an alignment of strengths so strong that it makes the system's weaknesses irrelevant.
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Every organization has to prepare for the abandonment of everything it does.
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Increasingly, politics is not about who gets what, when, how but about values, each of them considered to be absolute. Politics is about the right to life...It is about the environment. It is about gaining equality for groups alleged to be oppressed...None of these issues is economic. All are fundamentally moral.
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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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An effective executive builds on strengths - their own strengths, the strengths of superiors, colleagues, subordinates, and on the strength of the situation.
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Every three or four years I pick a new subject. It may be Japanese art it may be economics. Three years of study are by no means enough to master a subject but they are enough to understand it. SO for more than 60 years I have kept studying one subject at a time.
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As to the idea that advertising motivates people, remember the Edsel.
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Without institution there is no management. But without management there is no institution.
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Plans are worthless, but planning is invaluable.
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The leader of the past was a person who knew how to tell. The leader of the future will be a person who knows how to ask.
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The society of organizations is new-only seventy years ago employees were a small minority in every society.
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One either meets or one works.
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We live in an age of unprecedented opportunity: If you’ve got ambition and smarts, you can rise to the top of your chosen profession, regardless of where you started out.
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The only things that evolve by themselves in an organization are disorder, friction and malperformance.
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To make a living is no longer enough. Work also has to make a life.
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