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Peter Drucker Quotes

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What the customer buys and considers value is never a product. It is always utility, that is, what a product or a service does for the customer.  (Peter Drucker Quotes) The race for Quality has no finish line - so technically, it’s more like a death march. Efficiency is doing things right; effectiveness is doing the right things.  (Peter Drucker Quotes) In areas where they are simply incompetent, smart executives don’t make decisions or take actions. They delegate.  (Peter Drucker Quotes) Managers are agents of transformation, converting the workforce in developed countries from one of manual workers to one of highly educated knowledge workers.  (Peter Drucker Quotes) Management and entrepreneurship are only two different dimensions of the same task. An entrepreneur who does not learn how to manage will not last long. A management that does not learn to innovate will not last long.  (Peter Drucker Quotes) Efficiency is doing things right; effectiveness is doing the right things  (Peter Drucker Quotes) Many studies of research scientists have shown that achievement (at least below the genius level of an Einstein, Bohr, or a Planck) depends less on ability in doing research than on the courage to go after opportunity.  (Peter Drucker Quotes) If you want to improve how you manage time - stop doing what doesn’t need to be done!  (Peter Drucker Quotes) The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.  (Peter Drucker Quotes) Our most important education system is in the employees’ own organization  (Peter Drucker Quotes) Knowledge is information that changes something or somebody - either by becoming grounds for actions, or by making an individual (or an institution) capable of different or more effective action.  (Peter Drucker Quotes) The area in which the executive first encounters the challenge of strength is in staffing. The effective executive fills positions and promotes on the basis of what a man can do. He does not make staffing decisions to minimize weaknesses but to maximize strength.  (Peter Drucker Quotes) Leadership is all hype. We’ve had three great leaders in this century-Hitler, Stalin, and Mao.  (Peter Drucker Quotes) The greatest danger in times of turbulence is not the turbulence; it is to act with yesterday’s logic.  (Peter Drucker Quotes) The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.  (Peter Drucker Quotes) The entrepreneur always searches for change, responds to it, and exploits it as an opportunity  (Peter Drucker Quotes) The new information technology. Internet and email. Have practically eliminated the physical costs of communications  (Peter Drucker Quotes) Long-range planning does not deal with future decisions, but with the future of present decisions  (Peter Drucker Quotes) The major incentive to productivity and efficiency are social and moral rather than financial  (Peter Drucker Quotes) Without institution there is no management. But without management there is no institution  (Peter Drucker Quotes) Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer  (Peter Drucker Quotes) The only things that evolve by themselves in an organization are disorder, friction and malperformance  (Peter Drucker Quotes) The most important thing in communication is to hear what isn't being said  (Peter Drucker Quotes) There are an enormous number of managers who have retired on the job  (Peter Drucker Quotes) When a subject becomes totally obsolete we make it a required course  (Peter Drucker Quotes) The most important thing in communication is hearing what isn't said  (Peter Drucker Quotes) Business, that's easily defined - it's other people's money  (Peter Drucker Quotes) Making good decisions is a crucial skill at every level  (Peter Drucker Quotes) My greatest strength as a consultant is to be ignorant and ask a few questions  (Peter Drucker Quotes) The productivity of work is not the responsibility of the worker but of the manager  (Peter Drucker Quotes)
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