Plan, organize, integrate, motivate, and measure.
PETER DRUCKERWhat’s measured improves.
More Peter Drucker Quotes
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Unless commitment is made, there are only promises and hopes; but no plans.
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No one learns as much about a subject as one who is forced to teach it.
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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?
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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 purpose of business is to create and keep a customer.
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It is more productive to convert an opportunity into results than to solve a problem – which only restores the equilibrium of yesterday.
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Results are obtained by exploiting opportunities, not by solving problems.
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Intelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.
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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.
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Entrepreneurship is risky mainly because so few of the so-called entrepreneurs know what they are doing.
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The best way to predict your future is to create it.
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By 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.
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Plans are only good intentions unless they immediately degenerate into hard work.
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To 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.
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There is surely nothing quite so useless as doing with great efficiency what should not be done at all.
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So much of what we call management consists in making it difficult for people to work.
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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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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.
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One cannot hire a hand – the whole man always comes with it.
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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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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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Business has only two functions – marketing and innovation.
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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.
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Effective executives know that their subordinates are paid to perform and not to please their superiors.
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A manager is responsible for the application and performance of knowledge.
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There is only one valid definition of business purpose: to create a customer.
PETER DRUCKER