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Our most important education system is in the employees' own organization.
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
Organization
System
Education
Important
Employees
Employee
More quotes by Peter Drucker
No single piece of macroeconomic advice given by the experts to their government has ever had the results predicted.
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No financial man will ever understand business because financial people think a company makes money. A company makes shoes, and no financial man understands that. They think money is real. Shoes are real.
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The subordinate's job is not to reform or reeducate the boss, not to make him conform to what the business schools or the management book say bosses should be like. It is to enable a particular boss to perform as a unique individual.
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Trust is congruence between what you say and what you do.
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The greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships based... on partnership.
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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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In todays economy, the most important resource is no longer labor, capital or land it is knowledge
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What is the major problem? It is fundamentally the confusion between effectiveness and efficiency that stands between doing the right things and doing things right. There is surely nothing quite so useless as doing with great efficiency what should not be done at all.
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The single most important thing to remember about any enterprise is that results exist only on the outside.The result of a business is a satisfied customer. The result of a hospital is a satisfied patient. The result of a school is a student who has learned something and puts it to work ten years later. Inside an enterprise there are only costs.
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Leadership is not rank, privileges, title or money. It is responsibility.
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A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths.
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Knowledge is power, which is why people who had it in the past often tried to make a secret of it. In post-capitalism, power comes from transmitting information to make it productive, not from hiding it.
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Ideas are like frog eggs: you've got to lay a thousand to hatch one.
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Time is the scarcest resource and unless it is managed nothing else can be managed.
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What people in business think they know about the customer and market is likely to be more wrong than right...the customer rarely buys what the business thinks it sells him.
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The world economy is not yet a community--not even an economic community...Yet the existence of the global shopping center is a fact that cannot be undone. The vision of an economy for all will not be forgotten again.
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It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity.
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Plans are only good intentions unless they immediately degenerate into hard work.
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One does not manage people. The task is to lead people.
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Every three or four years I pick a new subject. It may be Japanese art it may be economics. Three years of study are by no means enough to master a subject but they are enough to understand it. SO for more than 60 years I have kept studying one subject at a time.
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