Results are obtained by exploiting opportunities, not by solving problems.
PETER DRUCKERInnovation is the specific instrument of entrepreneurship the act that endows resources with a new capacity to create wealth.
More Peter Drucker Quotes
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There is only one valid definition of business purpose: to create a customer.
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Working on the right things is what makes knowledge work effective.
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1. What is our mission? 2. Who is our customer? 3. What does the customer value? 4. What are our results? 5. What is our plan?
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Like so many brilliant people, he believes that ideas move mountains. But bulldozers move mountains; ideas show where the bulldozers should go to work.
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The most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question.
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Plan, organize, integrate, motivate, and measure.
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Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you.
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Effectiveness must be learned.
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If you want something new, you have to stop doing something old.
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The purpose of business is to create and keep a customer.
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There is nothing quite so useless, as doing with great efficiency, something that should not be done at all.
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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.
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History has been written not by the most talented but by the most motivated.
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Success in the knowledge economy comes to those who know themselves – their strengths, their values, and how they best perform.
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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
PETER DRUCKER