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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.

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
Running
Finals
Wells
Test
Well
Tests
Successor
Greatness
Successors
Step
Ceo
Steps
Chooses
Company
Aside
Whether
Final

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Success? Odd as it seems, you will achieve the greates results in business and career if you drop the word 'achievement' from your vocabulary and replace it with 'contribution'.
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We no longer even understand the question whether change is by itself good or bad, ...We start out with the axiom that it is the norm. We do not see change as altering the order... We see change as being order itself - indeed the only order we can comprehend today is a dynamic, a moving, a changing one.
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Every enterprise is learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.
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The problem in my life and other people's lives is not the absence of knowing what to do but the absence of doing it.
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The concept of profit maximization is, in fact, meaningless.
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An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction.
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The only industries that function well are the industries that take responsibility for training. The Japanese, you know, assume that when you first come to work you know absolutely nothing. School isn't preparation for work and never was.
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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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Every organization must be prepared to abandon everything it does to survive in the future.
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Institutions mistake good intentions for objectives. They say health care that's an intention, not an objective.
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Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for force. It means the substitution of responsibility for obedience to rank, and of authority of performance for the authority of rank.
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If you want it, measure it. If you can't measure it, forget it.
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Communism is evil. Its driving forces are the deadly sins of envy and hatred.
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