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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

Efficiency is doing the thing right. Effectiveness is doing the right thing.
PETER DRUCKER

Efficient Moral Right
When a subject becomes totally obsolete we make it a required course.
PETER DRUCKER

Education Important
This defines entrepreneur and entrepreneurship – the entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
PETER DRUCKER

Change Entrepreneur Opportunity Search
There is no such thing as a good man. Good for what? is the question.
PETER DRUCKER

Goodness Man Philosophy
Effectiveness must be learned.
PETER DRUCKER

Learning One Liner
Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.
PETER DRUCKER

Drive Future Light Night Road
The problem in my life and other people’s lives is not the absence of knowing what to do but the absence of doing it.
PETER DRUCKER

Absence Life People Problem
What’s measured improves.
PETER DRUCKER

Improvement One Liner
If you want something new, you have to stop doing something old.
PETER DRUCKER

Inspirational Stop Yourself
Effective executives know that their subordinates are paid to perform and not to please their superiors.
PETER DRUCKER

Job Pay
Intelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.
PETER DRUCKER

Imagination Intelligence Result
Rank does not confer privilege or give power. It imposes responsibility.
PETER DRUCKER

Power Privilege Responsibility
There is nothing quite so useless, as doing with great efficiency, something that should not be done at all.
PETER DRUCKER

Greatness Quite Wasted Time
Whenever you see a successful business, someone once made a courageous decision.
PETER DRUCKER

Courage Decision See Success Yourself
A person can perform only from strength. One cannot build performance on weakness, let alone on something one cannot do at all.
PETER DRUCKER

Alone Person Strength Weakness
One cannot hire a hand – the whole man always comes with it.
PETER DRUCKER

Business Hands Man Oneself
It is more productive to convert an opportunity into results than to solve a problem – which only restores the equilibrium of yesterday.
PETER DRUCKER

Opportunity Problem Result
Results are obtained by exploiting opportunities, not by solving problems.
PETER DRUCKER

Opportunity Problem Result
Business has only two functions – marketing and innovation.
PETER DRUCKER

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

Mistake People Risk
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.
PETER DRUCKER

Secret Time Worth
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.
PETER DRUCKER

Attachment Business People
A manager is responsible for the application and performance of knowledge.
PETER DRUCKER

Knowledge Responsible
Entrepreneurship is risky mainly because so few of the so-called entrepreneurs know what they are doing.
PETER DRUCKER

Entrepreneur Risk
Plans are only good intentions unless they immediately degenerate into hard work.
PETER DRUCKER

Goodness Planning
A decision without an alternative is a desperate gambler’s throw.
PETER DRUCKER

Choice Decision
A well-managed factory is boring. Nothing exciting happens in it because the crises have been anticipated and have been converted into routine.
PETER DRUCKER

Business Excitement

Success in the knowledge economy comes to those who know themselves – their strengths, their values, and how they best perform.

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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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Popular Authors

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