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The essence of management is to make knowledge productive.

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
Management
Essence
Knowledge
Make
Productive

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There's no such thing as knowledge management there are only knowledgeable people. Information only becomes knowledge in the hands of someone who knows what to do with it.
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Plastic moments are those periods that overlap when the old has gone but the new has not yet arrived and when the course of history is more open to being shaped and steered than any other time.
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If general perception changes from seeing the glass as 'half-full' to seeing it as 'half empty' there are major innovative opportunities.
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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
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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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Efficiency is doing better what is already being done.
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Through systematic terror, through indoctrination, through systematic manipulation of stimulus, reward, and punishment, we can today break man and convert him into brute animal... The first step toward survival is therefore to make government legitimate again by attempting to deprive it of these powers... by international action to ban such powers.
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There are only two things in a business that make money - innovation and marketing, everything else is cost.
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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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The enterprise can fulfill its human and social functions only if it prospers as a business.
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We always remember best the irrelevant.
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Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership.
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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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Our job in life is to make a positive difference, not prove we're right.
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An organization which just perpetuates today's level of vision, excellence, and accomplishment has lost the capacity to adapt.
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I find more and more executives less and less well informed about the outside world, if only because they believe that the data on the computer printouts are ipso facto information.
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Marketing is the distinguishing, unique function of the business.
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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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Leaders shouldn?t attach moral significance to their ideas: Do that, and you can?t compromise.
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