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Peter Drucker Quotes

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Peter Drucker
November 19, 1909 - November 11, 2005
Nationality: American
Category: Businessman
Subcategory: American Businessman

Business, that's easily defined - it's other people's money.


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.


When a subject becomes totally obsolete we make it a required course.


There is nothing so useless as doing efficiently that which should not be done at all.


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.


Management by objective works - if you know the objectives. Ninety percent of the time you don't.


The most important thing in communication is hearing what isn't said.


Time is the scarcest resource and unless it is managed nothing else can be managed.


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


Making good decisions is a crucial skill at every level.


Most of what we call management consists of making it difficult for people to get their work done.


A manager is responsible for the application and performance of knowledge.


The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.


The productivity of work is not the responsibility of the worker but of the manager.


No institution can possibly survive if it needs geniuses or supermen to manage it. It must be organized in such a way as to be able to get along under a leadership composed of average human beings.


Never mind your happiness; do your duty.


The best way to predict the future is to create it.


We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.


Efficiency is doing things right; effectiveness is doing the right things.


The purpose of a business is to create a customer.

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