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The enterprise can fulfill its human and social functions only if it prospers as a business.

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
Social
Human
Humans
Prospers
Functions
Fulfill
Enterprise
Function
Business

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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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The first organization structure in the modern West was laid down in the canon law of the Catholic Church eight hundred years ago.
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The first step toward making the worker achieving is to make work productive.
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To arrive at the definition of the problem he must begin by finding the 'critical factor'. This is the element (or elements) in the situation that has to be changed before anything else can be changed, moved, acted upon.
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If you want to predict the future create it.
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The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be fast.
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There's an enormous number of managers who have retired on the job.
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Ideas are cheap and abundant what is of value is the effective placement of those ideas into situations that develop into action.
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Our job in life is to make a positive difference, not prove we're right.
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Loafing is easy, but leisure is difficult.
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As a rule we perceive what we expect to perceive... The unexpected is usually not received at all.
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It is commonly believed that innovations create changes - but few ever do. Successful innovations exploit changes that have already happened.
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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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The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it.
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Every organization has to prepare for the abandonment of everything it does.
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Spontaneity is an infinite number of rehearsed possibilities.
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Leadership is lifting a person's vision to high sights, the raising of a person's performance to a higher standard, the building of a personality beyond its normal limitations.
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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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Mother Teresa's numerical results were not her greatest contribution. Instead, she made the world-and especially India-conscious of compassion.
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That the government's power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer-even though it is used only when a strike threatens the national health, welfare, or safety-is a grave blemish and explains much of union resistance to the Act.
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