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Peter Drucker Quotes

American - Businessman | November 19, 1909 - November 11, 2005

We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.

Change Learning People Process Learn

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

Business Time Nothing Resource Else

Today knowledge has power. It controls access to opportunity and advancement.

Opportunity Today Knowledge Power

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

Time Management You Know Percent

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.

Teacher Man Performance Tools Person

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

Innovation Wealth Create New Act

So much of what we call management consists in making it difficult for people to work.

Work People Management Difficult

Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.

Power Service Trust Brand Customer

The computer is a moron.

Computers Computer Moron

Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.

Organization Important Workers Owe

My greatest strength as a consultant is to be ignorant and ask a few questions.

Strength Questions Consultant Ask

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.

Knowledge Decision Expectations Need

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