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Peter Drucker Quotes
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Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information (Peter Drucker Quotes)
Most people think they know what they are good at. They are usually wrong... And yet, a person can perform only from strength (Peter Drucker Quotes)
The task of management is to make people capable of joint performance, to make their strengths effective and their weaknesses irrelevant (Peter Drucker Quotes)
The most common source of mistakes in management decisions is the emphasis on finding the right answer rather than the right question (Peter Drucker Quotes)
If there is any one secret of effectiveness, it is concentration. Effective executives do first things first and they do one thing at a time (Peter Drucker Quotes)
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 (Peter Drucker Quotes)
It is willingness of people to give of themselves over and above the demands of the job that distinguishes the great from the merely adequate (Peter Drucker Quotes)
Progress is obtained only by exploiting opportunities, not by solving problems. When you solve problems, all you do is guarantee a return to normalcy (Peter Drucker Quotes)
Profit for a company is like oxygen for a person. If you don’t have enough of it, you’re out of the game. But if you think your life is about breathing, you’re really missing something (Peter Drucker Quotes)
We live in an age of unprecedented opportunity: If you’ve got ambition and smarts, you can rise to the top of your chosen profession, regardless of where you started out (Peter Drucker Quotes)
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 (Peter Drucker Quotes)
In areas where they are simply incompetent, smart executives don’t make decisions or take actions. They delegate (Peter Drucker Quotes)
As soon as you move one step up from the bottom, your effectiveness depends on your ability to reach others through the spoken and written word (Peter Drucker Quotes)
The key to greatness is to look for people’s potential and spend time developing it (Peter Drucker Quotes)
Most leaders don’t need to learn what to do. They need to learn what to stop (Peter Drucker Quotes)
Information is the manager’s main tool, indeed the manager’s capital, and it is he who must decide what information he needs and how to use it (Peter Drucker Quotes)
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 (Peter Drucker Quotes)
The critical factor of a problem is the element that has to be changed before anything else can be changed (Peter Drucker Quotes)
Planning is actually incompatible with an entrepreneurial society and economy. Planning is the kiss of death of entrepreneurship (Peter Drucker Quotes)
Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality (Peter Drucker Quotes)
Quality in a product or service is not what the supplier puts in. It is what the customer gets out and is willing to pay for. A product is not quality because it is hard to make and costs a lot of money, as manufacturers typically believe. This is incompetence. Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality (Peter Drucker Quotes)
Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted this unique, irreplaceable, and necessary resource. Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time (Peter Drucker Quotes)
One cannot buy, rent or hire more time. The supply of time is totally inelastic. No matter how high the demand, the supply will not go up. There is no price for it. Time is totally perishable and cannot be stored. Yesterday’s time is gone forever, and will never come back. Time is always in short supply. There is no substitute for time. Everything requires time. All work takes place in, and uses up time. Yet most people take for granted this unique, irreplaceable and necessary resource (Peter Drucker Quotes)
The greatest challenge to organizations is the balance between continuity and change. You need both. At different times, the balance is slightly more over here, or slightly more over there, but you need both. And balance is basically the greatest task in leadership. Organizations have to have continuity, and yet if there is not enough new challenge, not enough change, they become empty bureaucracies, awfully fast (Peter Drucker Quotes)
Use feedback analysis to identify your strengths. Then go to work on improving your strengths. Identify and eliminate bad habits that hinder the full development of your strengths. Figure out what you should do and do it. Finally, decide what you should not do (Peter Drucker Quotes)
No organization can depend on genius; the supply is always scarce and unreliable. It is the test of an organization to make ordinary human beings perform better than they seem capable of, to bring out whatever strength there is in its members, and to use each man’s strength to help all the others perform. The purpose of an organization is to enable common men to do uncommon things (Peter Drucker Quotes)
No business can do everything. Even if it has the money, it will never have enough good people. It has to set priorities. The worst thing to do is a little bit of everything. This makes sure that nothing is being accomplished. It is better to pick the wrong priority than none at all (Peter Drucker Quotes)
Strategic management is not a box of tricks or a bundle of techniques. It is analytical thinking and commitment of resources to action. But quantification alone is not planning. Some of the most important issues in strategic management cannot be quantified at all (Peter Drucker Quotes)
To be effective, every knowledge worker, and especially every executive, therefore needs to dispose of time in fairly large chunks. To have small dribs and drabs of time at his disposal will not be sufficient even if the total is an impressive number of hours (Peter Drucker Quotes)
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 (Peter Drucker Quotes)