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The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.
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
Economy
Economic
Resource
People
Capital
Develop
Materials
Resources
Ultimate
Development
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Entrepreneurship is neither a science nor an art. It is a practice.
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What is the major problem? It is fundamentally the confusion between effectiveness and efficiency that stands between doing the right things and doing things right. There is surely nothing quite so useless as doing with great efficiency what should not be done at all.
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The talk you hear about adapting to change is not only stupid, it's dangerous. The only way you can manage change is to create it.
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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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A manager is responsible for the application and performance of knowledge.
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Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake.
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Marketing is not only much broader than selling, it is not a specialized activity at all. It encompasses the entire business. It is the whole business seen from the point of view of its final result, that is, from the customer's point of view.
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Plans are only good intentions unless they immediately degenerate into hard work.
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Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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The only skill that will be important in the 21st century is the skill of learning new skills.Everythi ng else will become obsolete over time.
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Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.
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Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
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The need to manage oneself is creating a revolution in human affairs.
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The only thing we know about the future is that it will be different.
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No one learns as much about a subject as one who is forced to teach it.
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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.
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