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QUOTES BY Peter Drucker

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


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


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


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'The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.'


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


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'The purpose of a business is to create a customer.'


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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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'The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.'


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'Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.'


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


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'The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.'


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'The computer is a moron.'


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'Few companies that installed computers to reduce the employment of clerks have realized their expectations... They now need more, and more expensive clerks even though they call them 'operators' or 'programmers.''


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


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


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'The only thing we know about the future is that it will be different.'


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'Plans are only good intentions unless they immediately degenerate into hard work.'


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'Never mind your happiness do your duty.'


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'Knowledge has to be improved, challenged, and increased constantly, or it vanishes.'


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'Today knowledge has power. It controls access to opportunity and advancement.'


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


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'Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.'


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'Effective leadership is not about making speeches or being liked leadership is defined by results not attributes.'


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'Management is doing things right leadership is doing the right things.'


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'People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.'


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'Making good decisions is a crucial skill at every level.'


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'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.'


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


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'Rank does not confer privilege or give power. It imposes responsibility.'


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'Today knowledge has power. It controls access to opportunity and advancement.'


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'Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.'


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'My greatest strength as a consultant is to be ignorant and ask a few questions.'


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'Teaching is the only major occupation of man for which we have not yet developed tools that make an average person capable of competence and performance. In teaching we rely on the 'naturals,' the ones who somehow know how to teach.'


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'The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.'


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


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


**********

'Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.'


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


**********

'Plans are only good intentions unless they immediately degenerate into hard work.'


**********

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


**********

'Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.'


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


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'So much of what we call management consists in making it difficult for people to work.'

 

 

 

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