Innovation is the specific instrument of entrepreneurship the act that endows resources with a new capacity to create wealth.
PETER DRUCKERBy 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.
More Peter Drucker Quotes
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The best way to predict your future is to create it.
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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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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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Whenever you see a successful business, someone once made a courageous decision.
PETER DRUCKER -
Rank does not confer privilege or give power. It imposes responsibility.
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There is surely nothing quite so useless as doing with great efficiency what should not be done at all.
PETER DRUCKER -
Intelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.
PETER DRUCKER -
Management is about human beings. Its task is to make people capable of joint performance, to make their strengths effective and their weaknesses irrelevant.
PETER DRUCKER -
People who don’t take risks generally make about two big mistakes a year.
PETER DRUCKER -
There is no such thing as a good man. Good for what? is the question.
PETER DRUCKER -
We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.
PETER DRUCKER -
Managing yourself requires taking responsibility for relationships.
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Management is doing things right; leadership is doing the right things.
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Entrepreneurship is neither a science nor an art. It is a practice.
PETER DRUCKER -
Keep your eye on the task, not on yourself. The task matters, and you are a servant.
PETER DRUCKER