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All good strategy eventually degenerates into work.
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
Work
Good
Degenerates
Eventually
Strategy
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The most effective way to manage change is to create it.
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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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The dilemma of modern society: the conflict between the need for capital formation at a high rate and the popular condemnation of interest and dividends as unearned income and capitalist, if not as sinful and wicked.
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Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you.
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Thus, for those who are willing to go out into the field, to look and to listen, changing demographics is both a highly productive and a highly dependable innovation opportunity.
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To survive and succeed, every organization will have to turn itself into a change agent
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What's measured improves
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The Pertinent Question is NOT how to do things right - but how to find the right things to do, and to concentrate resources and efforts on them.
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No other area offers richer opportunities for successful innovation than the unexpected success.
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Don't try to innovate for the future. Innovate for the present!
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We know nothing about motivation. All we can do is write books about it.
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The fruit of your work grows on other people's trees
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A success that has outlived its usefulness may, in the end, be more damaging than failure.
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The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let the successor run the company.
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If you're not living life on the edge, you're taking up too much space. The best way to predict the future is to create it.
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The young knowledge worker whose job is too small to challenge and test his abilities either leaves or declines rapidly into premature middle age, soured, cynical, unproductive.
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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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Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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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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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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