Quote

Every enterprise is learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.

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
Development
Levels
Learning
Institution
Stop
Enterprise
Must
Institutions
Every
Training
Never
Built
Teaching

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Business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.
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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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The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.
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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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Objectives are not commands they are commitments.
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The relevant question is not simply what shall we do tomorrow, but rather what shall we do today in order to get ready for tomorrow.
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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 honest work of yesterday has lost its social status, its social esteem.
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Plans are worthless, but planning is invaluable.
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Most innovators are successful to the extent to which they define risks and confine them.
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Innovation requires us to systematically identify changes that have already occurred in a business - in demographics, in values, in technology or science - and then to look at them as opportunities. It also requires something that is most difficult for existing companies to do: to abandon rather than defend yesterday.
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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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Our most important education system is in the employees' own organization.
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One cannot hire a hand the whole man always comes with it.
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The moment people talk of implementing instead of doing, and of finalizing instead of finishing, the organization is already running a fever.
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Ideas are like frog eggs: you've got to lay a thousand to hatch one.
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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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