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Rank does not confer privilege or give power. It imposes responsibility.

Peter Drucker

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

Act Creation Entrepreneur Innovation Money
A manager is responsible for the application and performance of knowledge.
PETER DRUCKER

Knowledge Responsible
People who don’t take risks generally make about two big mistakes a year.
PETER DRUCKER

Mistake People Risk
A decision without an alternative is a desperate gambler’s throw.
PETER DRUCKER

Choice Decision
Business has only two functions – marketing and innovation.
PETER DRUCKER

Business Innovation
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?
PETER DRUCKER

Customer Mission Ourselves Planning Result
Plans are only good intentions unless they immediately degenerate into hard work.
PETER DRUCKER

Goodness Planning
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
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

History Human Leadership Suffering
Is this still worth doing? And if it isn’t, he gets rid of it so as to be able to concentrate on the few tasks that, if done with excellence, will really make a difference in the results of his own job and in the performance of his organization.
PETER DRUCKER

Difference Excellence Job Result Worth
The best way to predict your future is to create it.
PETER DRUCKER

Best Creation Future Yourself
Success in the knowledge economy comes to those who know themselves – their strengths, their values, and how they best perform.
PETER DRUCKER

Knowledge Strength Success Value
Keep your eye on the task, not on yourself. The task matters, and you are a servant.
PETER DRUCKER

Eyes Job Yourself
If you want something new, you have to stop doing something old.
PETER DRUCKER

Inspirational Stop Yourself
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
Plan, organize, integrate, motivate, and measure.
PETER DRUCKER

Integrity Motivational Planning

Rank does not confer privilege or give power. It imposes responsibility.

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Rank does not confer privilege or give power. It imposes responsibility.

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Popular Authors

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