"The new always looks so puny-so unpromising-next to the reality of the massive, ongoing business."
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Quote collection
Peter Drucker quotes (page 24 of 30)
592 quotes — follow a thought to its full quote page.
"There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere... In every case the opposition could only be overcome - peacefully or by force - because of the promise of capitalism to establish equality... That this promise was an illusion we all know."
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"Economists think the poor need them to tell them that they are poor."
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"The productivity of people requires continuous learning, as the Japanese have taught us. It requires adoption in the West of the specific Japanese Zen concept where one learns to do better what one already does well."
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"Entrepreneurship rests on a theory of economy and society. The theory sees change as normal and indeed as healthy. And it sees the major task in society – and especially in the economy – as doing something different rather than doing better what is already being done. This is basically what Say, two hundred years ago, meant when he coined the term entrepreneur."
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"Nobody can predict the future; the idea is to have a firm grasp of the present."
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"Shoes are real. Money is an end result."
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"Most innovators are successful to the extent to which they define risks and confine them."
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"When Henry Ford said, "The customer can have a car in any color as long as it's black," he was not joking."
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"We always remember best the irrelevant."
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"Sören Kierkegaard has another answer: human existence is possible as existence not in despair, as existence not in tragedy; it is possible as existence in faith... Faith is the belief that in God the impossible is possible, that in Him time and eternity are one, that both life and death are meaningful."
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"The most important decisions in organizations are people decisions, and yet only the military, and only recently, has begun to ask, "If we assign this general to lead this base, what do we expect him to accomplish?""
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"Never underrate the boss! The boss may look illiterate. He may look stupid. But there is no risk at all in overrating a boss. If you underrate him he will bitterly resent it or impute to you the deficiency in brains and knowledge you imputed to him."
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"Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage."
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"Tomorrow everybody - or practically everybody - will have had the education of the upper class of yesterday, and will expect equivalent opportunities. That is why we face the problem of making every kind of job meaningful and capable of satisfying every educated man."
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"The subordinate's job is not to reform or reeducate the boss, not to make him conform to what the business schools or the management book say bosses should be like. It is to enable a particular boss to perform as a unique individual."
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"We will have to learn to lead people rather then to contain them."
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"Knowledge applied is productivity."
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"But innovation is more than a new method. It is a new view of the universe, as one of risk rather than of chance or of certainty. It is a new view of man's role in the universe; he creates order by taking risks. And this means that innovation, rather than being an assertion of human power, is an acceptance of human responsibility."
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"Decisions exist only in the present."
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