Business has only two functions – marketing and innovation.
PETER DRUCKERTo 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.
More Peter Drucker Quotes
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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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Efficiency is doing the thing right. Effectiveness is doing the right thing.
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A manager is responsible for the application and performance of knowledge.
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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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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.
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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.
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Unless commitment is made, there are only promises and hopes; but no plans.
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The purpose of business is to create and keep a customer.
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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
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Managing yourself requires taking responsibility for relationships.
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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 most important thing in communication is to hear what isn’t being said.
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The first rule in decision-making is that one does not make a decision unless there is disagreement.
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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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Success in the knowledge economy comes to those who know themselves – their strengths, their values, and how they best perform.
PETER DRUCKER