|
|
| A business exists to create a customer |
| Business |
|
| A manager is responsible for the application and performance of knowledge. |
| Uncategorized |
|
| Accept the fact that we have to treat almost anybody as a volunteer... |
| Uncategorized |
|
| Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past |
| Uncategorized |
|
| Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got. |
| Uncategorized |
|
| Concentration is the key to economic results. No other principles of effectiveness is violated as constantly today as the basic principle of concentration. |
| Uncategorized |
|
|
|
| Doing the right thing is more important than doing the thing right |
| Uncategorized |
|
| Education can no longer be the sole property of the state. |
| Uncategorized |
|
|
|
| Efficiency is doing better what is already being done. |
| Uncategorized |
|
| Efficiency is doing things right; effectiveness is doing the right things. |
| Efficiency |
|
| Everybody has accepted by now that change is unavoidable. But that still implies that change is like death and taxes it should be postponed as long as possible and no change would be vastly preferable. But in a period of upheaval, such as the one we are living in, change is the norm. |
| Uncategorized |
|
| Everything must degenerate into work if anything is to happen. |
| Uncategorized |
|
| 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. |
| Uncategorized |
|
| 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.' |
| Uncategorized |
|
| Follow effective action with quiet reflection. From the quiet reflection will come even more effective action. |
| Action; Reflection |
|
| Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth. |
| Innovation |
|
| INNOVATION is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service. It is capable of being presented as a discipline, capable of being learned, capable of being practiced. Entrepreneurs need to search purposefully for the sources of innovation, the changes and their symptoms that indicate opportunities for successful innovation. And they need to know and to apply the principles of successful innovation. |
| Uncategorized |
|
| Knowledge has to be improved, challenged, and increased constantly, or it vanishes. |
| Uncategorized |
|
