【Peter Ferdinand Drucker】 Quotable Lines:2

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Peter Ferdinand Drucker


● Business, that’s easily defined – it’s other people’s money.

● 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.

● 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.

● Never mind your happiness; do your duty.

● 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.’

● 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.

● Accept the fact that we have to treat almost anybody as a volunteer.

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

● Most discussions of decision making assume that only senior executives make decisions or that only senior executives’ decisions matter. This is a dangerous mistake.

● 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.

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

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

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

● Unless commitment is made, there are only promises and hopes.but no plans.

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


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