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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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To make the future demands courage. It demands work. But it also demands faith.
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There is one qualification the manager cannot acquire but must bring to the task. It is not genius it is character.
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The fruit of your work grows on other people's trees
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Change is the norm unless an organization sees that its task is to lead change, that organization will not survive.
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It’s up to you to carve out your place, to know when to change course, and to keep yourself engaged and productive during a work life that may span some 50 years.
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No single piece of macroeconomic advice given by the experts to their government has ever had the results predicted.
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Look at government programs for the past fifty years. Every single one - except warfare - achieved the exact opposite of its announced goal.
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There are usually half a dozen right answers to what needs to be done. Yet, unless a person makes the risky and controversial choice of only one, he will achieve nothing.
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The area in which the executive first encounters the challenge of strength is in staffing. The effective executive fills positions and promotes on the basis of what a man can do. He does not make staffing decisions to minimize weaknesses but to maximize strength.
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Today knowledge has power. It controls access to opportunity and advancement.
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Every single social and global issue of our day is a business opportunity in disguise.
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A business is not defined by its name, statutes, or articles of incorporation. It is defined by the business mission. Only a clear definition of the mission and purpose of the organization makes possible clear and realistic business objectives.
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Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
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If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.
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