Unless commitment is made, there are only promises and hopes; but no plans.
PETER DRUCKER
Rank does not confer privilege or give power. It imposes responsibility.
More Peter Drucker Quotes
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Entrepreneurship is neither a science nor an art. It is a practice.
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Meetings are by definition a concession to deficient organization For one either meets or one works. One cannot do both at the same time.
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It is more productive to convert an opportunity into results than to solve a problem – which only restores the equilibrium of yesterday.
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The first rule in decision-making is that one does not make a decision unless there is disagreement.
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People who don’t take risks generally make about two big mistakes a year.
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There is only one valid definition of business purpose: to create a customer.
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A person can perform only from strength. One cannot build performance on weakness, let alone on something one cannot do at all.
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Business has only two functions – marketing and innovation.
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By themselves, character and integrity do not accomplish anything. But their absence faults everything else. Here, therefore, is the one area where weakness is a disqualification by itself rather than a limitation on performance capacity and strength.
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To be sure, the fundamental task of management remains the same: to make people capable of joint performance through common goals, common values, the right structure, and the training and development they need to perform and to respond to change.
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A decision without an alternative is a desperate gambler’s throw.
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Until we can manage time, we can manage nothing else.
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The best way to predict your future is to create it.
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One cannot hire a hand – the whole man always comes with it.
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Effective executives know that their subordinates are paid to perform and not to please their superiors.
PETER DRUCKER