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One does not manage people. The task is to lead people.
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
Task
Manage
Tasks
Lead
Doe
People
More quotes by Peter Drucker
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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Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.
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Here I am, fifty-eight, and I still don't know what I'm going to be when I grow up.
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The most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question.
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Efficiency is doing better what is already being done.
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The basic economic resource - the means of production - is no longer capital, nor natural resources, nor labor. It is and will be knowledge.
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You cannot build performance on weaknesses. You can build only on strengths.
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We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
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Managers are the basic and scarcest resource of any business enterprise.
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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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Because its purpose is to create a customer, the business enterprise has two - and only these two — basic functions: marketing and innovation. Marketing and innovation produce results all the rest are 'costs'.
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The only thing we know about the future is that it will be different.
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You can either take action, or you can hang back and hope for a miracle. Miracles are great, but they are so unpredictable.
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Do not measure your life by your goals but what you are doing to achieve them.
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The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.
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The problem in my life and other people's lives is not the absence of knowing what to do but the absence of doing it.
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Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion.
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Businesses are not paid to reform customers. They are paid to satisfy customers.
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Business exists to supply goods and services to customers and economic surplus to society, rather than to supply jobs to workers and managers or even dividends to shareholders.
Peter Drucker
