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Innovation is the specific instrument of entrepreneurship the act that endows resources with a new capacity to create wealth.

Peter Drucker

Working on the right things is what makes knowledge work effective.
PETER DRUCKER

Inspirational Knowledge Right
The computer is a moron.
PETER DRUCKER

Stupidity Technology
A manager is responsible for the application and performance of knowledge.
PETER DRUCKER

Knowledge Responsible
One cannot hire a hand – the whole man always comes with it.
PETER DRUCKER

Business Hands Man Oneself
Effectiveness must be learned.
PETER DRUCKER

Learning One Liner
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

Danger Result True Wrong
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.
PETER DRUCKER

Accomplishment Character Integrity Limitation Strength Weakness
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

Focus Man People Spirit Strength Vision Weakness
The most important thing in communication is to hear what isn’t being said.
PETER DRUCKER

Communication Deep Important
Management is doing things right; leadership is doing the right things.
PETER DRUCKER

Deep Different Leadership Right
A decision without an alternative is a desperate gambler’s throw.
PETER DRUCKER

Choice Decision
Plan, organize, integrate, motivate, and measure.
PETER DRUCKER

Integrity Motivational Planning
Intelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.
PETER DRUCKER

Imagination Intelligence Result
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

Secret Time Worth
There is no such thing as a good man. Good for what? is the question.
PETER DRUCKER

Goodness Man Philosophy
Results are obtained by exploiting opportunities, not by solving problems.
PETER DRUCKER

Opportunity Problem Result

Innovation is the specific instrument of entrepreneurship the act that endows resources with a new capacity to create wealth.

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Innovation is the specific instrument of entrepreneurship the act that endows resources with a new capacity to create wealth.

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