“In a rural society communities are “given” for the individual. Community is a fact, whether family or religion, social class or caste.”
— Peter F. Drucker
“The fundamental reality for every worker, from sweeper to executive vice-president, is the eight hours or so that he spends on the job. In our society of organizations, it is the job through which the great majority has access to achievement, to fulfillment, and to community.”
“Effective innovations start small. They are not grandiose. They try to do one specific thing.”
“I find more and more executives less and less well informed about the outside world, if only because they believe that the data on the computer printouts are ipso facto information.”
“We have tried to substitute mass for purpose. We have tried to regain military potency of defense by making it gigantic, unwieldy, complex. It never works.”
“The enterprise can fulfill its human and social functions only if it prospers as a business.”
“There is every indication that the period ahead will be an innovative one, one of rapid change in technology, society, economy, and institutions .”
“The world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other.”
“No one has ever failed to find the facts they are looking for.”
“Every time you do something that is important, write down what you expect will happen.”
“In the modern corporation the decisive power, that of the managers, is derived from no one but the managers themselves controlled by nobody and nothing and responsible to no one. It is in the most literal sense unfounded, unjustified, uncontrolled and irresponsible power.”
“Unless the power of the corporation can be organized on an accepted principle of legitimacy, it will be taken over by a Central government.”
“Never ask who’s right. Start out by asking what is right. And you find that out by listening to dissenting, disagreeing opinions.”
“Management must take the lead in making obsolete its own products and services rather than waiting for a competitor to do so.”
“A success that has outlived its usefulness may, in the end, be more damaging than failure.”
“Knowledge has become the key resource of the world economy.”
“The fault is in the system and not in the men.”
“I’m a writer. I could not or would not ever run a business. I don’t even have a secretary. And contrary to some of the stereotypes, entrepreneurs are not loners. I am.”
“Knowledge is being applied to knowledge itself. It is now fast becoming the one factor in production, sidelining both capital and labour.”
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