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Peter Drucker Quotes

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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  (Peter Drucker Quotes) Never ask who’s right. Start out by asking what is right. And you find that out by listening to dissenting, disagreeing opinions  (Peter Drucker Quotes) What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous  (Peter Drucker Quotes) Leadership is lifting a person’s vision to high sights, the raising of a person’s performance to a higher standard, the building of a personality beyond its normal limitations  (Peter Drucker Quotes) Few companies that installed computers to reduce the employment of clerks have realized their expectations... They now need more, and more expensive clerks even though they call them ‘operators’ or ‘programmers.’  (Peter Drucker Quotes) Almost everybody today believes that nothing in economic history has ever moved as fast as, or had a greater impact than, the Information Revolution. But the Industrial Revolution moved at least as fast in the same time span, and had probably an equal impact if not a greater one  (Peter Drucker Quotes) The world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other  (Peter Drucker Quotes) 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  (Peter Drucker Quotes) Knowledge is the source of Wealth. Applied to tasks we already know, it becomes Productivity. Applied to tasks that are new, it becomes Innovation  (Peter Drucker Quotes) I have no interest in celebrities. If all the superrich disappeared, the world economy would not even notice. The superrich are irrelevant to the economy  (Peter Drucker Quotes) The greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships based... on partnership  (Peter Drucker Quotes) Businesses once grew by one of two ways; grass roots up, or by acquisition... Today businesses grow through alliances - all kinds of dangerous alliances. Joint ventures and customer partnerings which, by the way, very few people understand  (Peter Drucker Quotes) 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  (Peter Drucker Quotes) Knowledge is power. In post-capitalism, power comes from transmitting information to make it productive, not hiding it  (Peter Drucker Quotes) Because its purpose is to create a customer, the business has two and only two functions: Marketing and Innovation. Marketing and Innovation produce results. All the rest are costs  (Peter Drucker Quotes) Some of the best business and nonprofit CEOs I’ve worked with over a sixty-five-year consulting career were not stereotypical leaders. They were all over the map in terms of their personalities, attitudes, values, strengths, and weaknesses  (Peter Drucker Quotes) (Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss  (Peter Drucker Quotes) Successful leaders don’t start out asking, ‘What do I want to do?’ They ask, ‘What needs to be done?’ Then they ask, ‘Of those things that would make a difference, which are right for me?’  (Peter Drucker Quotes) Most Americans do not know what their strengths are. When you ask them, they look at you with a blank stare, or they respond in terms of subject knowledge, which is the wrong answer  (Peter Drucker Quotes) Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership  (Peter Drucker Quotes) Successful careers are not planned. They develop when people are prepared for opportunities because they know their strengths, their method of work, and their values. Knowing where one belongs can transform an ordinary person - hardworking and competent but otherwise mediocre - into an outstanding performer  (Peter Drucker Quotes) 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’  (Peter Drucker Quotes) The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether business or nonbusiness, will be its knowledge, workers, and their productivity  (Peter Drucker Quotes) 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  (Peter Drucker Quotes) Human beings need community. If there are no communities available for constructive ends, there will be destructive, murderous communities... Only the social sector, that is, the nongovernmental, nonprofit organization, can create what we now need, communities for citizens... What the dawning 21st century needs above all is equally explosive growth of the nonprofit social sector in building communities in the newly dominant social environment, the city  (Peter Drucker Quotes) Capitalism as a social order and as a creed is the expression of the belief in economic progress as leading toward the freedom and equality of the individual in a free and open society. Marxism expects this society to result from the abolition of private profit. Capitalism expects the free and equal society to result from the enthronement of private profit as supreme ruler of social behavior  (Peter Drucker Quotes) Look at government programs for the past fifty years. Every single one - except warfare - achieved the exact opposite of its announced goal  (Peter Drucker Quotes) Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion  (Peter Drucker Quotes) Effective organizations put people in jobs in which they can do the most good. They place people -- and allow people to place themselves -- according to their strengths  (Peter Drucker Quotes) I no longer think that learning how to manage people, especially subordinates, is the most important for executives to learn. I am teaching above all else, how to manage oneself  (Peter Drucker Quotes)
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