Innovation is the specific instrument of entrepreneurship the act that endows resources with a new capacity to create wealth.
PETER DRUCKERPlan, organize, integrate, motivate, and measure.
More Peter Drucker Quotes
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A man should never be appointed to a managerial position if his vision focuses on people’s weaknesses rather than on their strengths. The man who always knows exactly what people cannot do, but never sees anything they can do, will undermine the spirit of his organization.
PETER DRUCKER -
When a subject becomes totally obsolete we make it a required course.
PETER DRUCKER -
The most important thing in communication is to hear what isn’t being said.
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Management is about human beings. Its task is to make people capable of joint performance, to make their strengths effective and their weaknesses irrelevant.
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History has been written not by the most talented but by the most motivated.
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There is nothing quite so useless, as doing with great efficiency, something that should not be done at all.
PETER DRUCKER -
The three most charismatic leaders in this century inflicted more suffering on the human race than almost any trio in history: Hitler, Stalin, and Mao. What matters is not the leader’s charisma. What matters is the leader’s mission.
PETER DRUCKER -
We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.
PETER DRUCKER -
The purpose of business is to create and keep a customer.
PETER DRUCKER -
Entrepreneurship is neither a science nor an art. It is a practice.
PETER DRUCKER -
The first rule in decision-making is that one does not make a decision unless there is disagreement.
PETER DRUCKER -
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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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.
PETER DRUCKER -
So much of what we call management consists in making it difficult for people to work.
PETER DRUCKER -
The most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question.
PETER DRUCKER