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Systematic change requires a willingness to look on change as an opportunity.
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
Systematic
Willingness
Requires
Opportunity
Change
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Looks
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When a resource is scarce, you increase its yield.
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Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, Let's do a little bit of everything.
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There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
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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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A manager is responsible for the application and performance of knowledge.
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To make knowledge productive, we will have to learn to see both forest and tree. We will have to learn to connect.
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Nobody can predict the future the idea is to have a firm grasp of the present.
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Most of what you hear about entrepreneurshi p is all wrong. It's not magic it's not mysterious and it has nothing to do with genes. It's a discipline and, like any discipline, it can be learned.
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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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Objectives can be compared to a compass bearing by which a ship navigates. A compass bearing is firm, but in actual navigation, a ship may veer off its course for many miles. Without a compass bearing, a ship would neither find its port nor be able to estimate the time required to get there.
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If a business is to be considered a continuous process, instead of a series of disjointed stop-and-go events, then the economic universe in which a business operates-and all the major events within it-must have rhyme, rhythm, or reason.
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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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To make the future demands courage. It demands work. But it also demands faith.
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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 moment people talk of implementing instead of doing, and of finalizing instead of finishing, the organization is already running a fever.
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There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're doing. And finally there are companies that are good at innovation. Every large company has to be able to do all three - improve, extend, and innovate - simultaneously.
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Any organisation develops people it either forms them or deforms them.
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When it rains manna from heaven, some people put up an umbrella. Others reach for a big spoon.
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If socialism is defined as ownership of the means of production--and this is both the orthodox and the only rigorous definition--then the United States is the first truly Socialist country.
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Planning is actually incompatible with an entrepreneurial society and economy. Planning is the kiss of death of entrepreneurship.
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