The strength of the computer lies in its being a logic machine. It does precisely what it is programed to do. This makes it fast and precise. It also makes it a total moron; for logic is essentially stupid. Peter Drucker More Quotes by Peter Drucker More Quotes From Peter Drucker All companies are service companies; some also manufacture products. Peter Drucker company products Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted this unique, irreplaceable, and necessary resource. Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time. Peter Drucker unique time people 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. Peter Drucker entrepreneur two years The three most charismatic leaders in this century inflicted more suffering on the human race than almost any trio in history: Hitler, Stalin, and Mao. What matters is not the leader's charisma. What matters is the leader's mission. Peter Drucker what-matters leader race "Plastic moments" are those periods that overlap when the old has gone but the new has not yet arrived and when the course of history is more open to being shaped and steered than any other time. Peter Drucker moments periods gone Quality of character doesn't make a leader, but the lack of it flaws the entire process. Peter Drucker quality leader character The best plan is only a plan... unless it degerates into work. Peter Drucker plans [Management] has authority only as long as it performs. Peter Drucker authority management long A person can perform only from strength. One cannot build performance on weakness, let alone on something one cannot do at all. Peter Drucker weakness performances persons 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. Peter Drucker business power doe Accept the fact that we have to treat almost anybody as a volunteer. Peter Drucker motivation leadership relationship The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become "everybody's entitlement" and an increasing burden on those who produce. Peter Drucker welfare germany entitlement What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous. Peter Drucker innovation entrepreneur society The healthier a new venture and the faster it grows, the more financial feeding it requires. Peter Drucker new-ventures feeding financial Don't take on things you don't believe in and that you yourself are not good at. Learn to say no. Effective leaders match the objective needs of their company with the subjective competencies. As a result, they get an enormous amount of things done fast. Peter Drucker leader done believe What we are good at comes easy, and we believe that unless it comes hard, it can't be very good. Peter Drucker very-good easy believe The race for Quality has no finish line - so technically, it's more like a death march. Efficiency is doing things right; effectiveness is doing the right things. Peter Drucker effectiveness quality race The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let the successor run the company. Peter Drucker finals greatness running What people in business think they know about the customer and market is likely to be more wrong than right...the customer rarely buys what the business thinks it sells him. Peter Drucker knows people thinking 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. Peter Drucker defense purpose military
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