A well-managed factory is boring. Nothing exciting happens in it because the crises have been anticipated and have been converted into routine.
PETER DRUCKERUntil we can manage time, we can manage nothing else.
More Peter Drucker Quotes
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Business has only two functions – marketing and innovation.
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The less an organization has to do to produce results, the better it does its job.
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The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
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It takes far more energy and work to improve from incompetence to mediocrity than it takes to improve from first-rate performance to excellence.
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Results are obtained by exploiting opportunities, not by solving problems.
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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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The most important thing in communication is to hear what isn’t being said.
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People in any organization are always attached to the obsolete – the things that should have worked but did not, the things that once were productive and no longer are.
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Plan, organize, integrate, motivate, and measure.
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What’s measured improves.
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Effective executives know that their subordinates are paid to perform and not to please their superiors.
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History has been written not by the most talented but by the most motivated.
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People who don’t take risks generally make about two big mistakes a year.
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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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The one man to distrust, however, is the man who never makes a mistake, never commits a blunder, never fails in what he tries to do. He is either a phony, or he stays with the safe, the tried, and the trivial.
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