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Peter F. Drucker Quotes

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

"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.'"

"The computer is a moron."

"There is an enormous number of managers who have retired on the job."

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

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

"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."

"Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth."

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

"Never mind your happiness; do your duty."

"Borrowers of books - those mutilators of collections, spoilers of the symmetry of shelves, and creators of odd volumes."

"Follow effective action with quiet reflection. From the quiet reflection will come even more effective action."

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

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

"Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for force. It means the substitution of responsibility for obedience to rank, and of authority of performance for the authority of rank."

"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."

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

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

"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."

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

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