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It is commonly believed that innovations create changes - but few ever do. Successful innovations exploit changes that have already happened.
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
Happened
Exploits
Ever
Commonly
Believed
Innovation
Changes
Already
Create
Innovations
Successful
Exploit
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A manager is responsible for the application and performance of knowledge.
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During periods of discontinuous, abrupt change, the essence of adaptation involves a keen sensitivity to what should be abandoned - not what should be changed or introduced. A willingness to depart from the familiar has distinct survival value.
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The dilemma of modern society: the conflict between the need for capital formation at a high rate and the popular condemnation of interest and dividends as unearned income and capitalist, if not as sinful and wicked.
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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.
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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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As to the idea that advertising motivates people, remember the Edsel.
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The individual needs the return to spiritual values, for he can survive in the present human situation only by reaffirming that man is not just a biological and psychological being but also a spiritual being, that is creature, and existing for the purposes of his Creator and subject to Him.
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There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
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Ideas are like frog eggs: you've got to lay a thousand to hatch one.
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Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.
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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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The enterprise can fulfill its human and social functions only if it prospers as a business.
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Most people think they know what they are good at. They are usually wrong... And yet, a person can perform only from strength.
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Decisions of the kind the executive has to make are not made well by acclamation. They are made well only if based on the clash of conflicting views...The first rule in decision-making is that one does not make a decision unless there is disagreement.
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Change is the norm unless an organization sees that its task is to lead change, that organization will not survive.
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To make the future demands courage. It demands work. But it also demands faith.
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Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - accounting and what have you - but you can't teach them management.
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Elephants have a hard time adapting. Cockroaches outlive everything.
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Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.
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In the Western tradition, we have focused on teaching as a skill and forgotten what Socrates knew: teaching is a gift, learning is a skill.
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