Peter Drucker Quotes
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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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There is a definite trend in Italy and Germany to eliminate profit participation and the ownership rights of nonmanaging partners and shareholders.
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The best way to predict the future is to create it.
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Making good decisions is a crucial skill at every level.
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Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.
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The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
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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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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.
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Once a year ask the boss, 'What do I or my people do that helps you to do your job?' and 'What do I or my people do that hampers you?'
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Wherever an impact can be eliminated by dropping the activity that causes it, this is therefore the best-indeed the only truly good-solution.
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Keep the boss aware. Bosses, after all, are held responsible by their own bosses for the performance of their subordinates. They must be able to say: 'I know what Anne or John is trying to do.'
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Plans are only good intentions unless they immediately degenerate into hard work.
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A success that has outlived its usefulness may, in the end, be more damaging than failure.
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The ‘total state’ of fascism is not a political alignment within the existing political and social setup, but that it is a revolution which, like all revolutions, works from without.
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For if this country... were to make its defense program a function of its domestic employment situation, it would become impossible to conduct a constructive and well-thought out foreign policy or to develop any lasting collaboration.
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Political freedom is neither easy nor automatic, neither pleasant nor secure. It is the responsibility of the individual for the decisions of society as if they were his own decisions-as in moral truth and accountability they are.
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Free enterprise cannot be justified as being good for business. It can be justified only as being good for society.
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I think the growth industry of the future in this country and the world will soon be the continuing education of adults. ...I think the educated person of the future is somebody who realizes the need to continue to learn. That is the new definition and it is going to change the world we live in and work in.
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Decisions exist only in the present.
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The basic definition of the business and of its purpose and mission have to be translated into objectives.
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A manager is responsible for the application and performance of knowledge.
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So much of what we call management consists in making it difficult for people to work.
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Morale in an organization does not mean that 'people get along together'; the test is performance not conformance.
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It has been said, and only half in jest, that a tough, professionally led union is a great force for improving management performance. It forces the manager to think about what he is doing and to be able to explain his actions and behavior.