The number of innovations based on smart ideas is huge. Even if the percentage of success is relatively small, it still becomes a huge source of opening up new industries, providing new occupations, and adding new activities to the economy.

Drucker

...The number of innovations based on smart ideas is huge. Even if the percentage of success is relatively small, it still opens up new industries, brings new occupations, and adds new innovations to the economy. A pretty huge source of activity.

Drucker

Even the Japanese now have to transcend the stage of imitating, importing and adopting other people’s technologies, and learn and understand that they can carry out real technological innovation by themselves...

Drucker

One must know what to say, one must know when to say it, one must know to whom to say it, one must know how to say it.

Drucker

Management is a practice whose essence lies not in knowledge but in action; its verification lies not in logic but in results; its only authority is achievement.

Drucker

Innovation can be defined from the perspective of demand rather than from the perspective of supply: changing the value and satisfaction that consumers obtain from resources.

Drucker

Even the Japanese now have to transcend the stage of imitating, importing and adopting other people's technologies and learn to carry out real technological innovation themselves.

Drucker

An enterprise can only grow within the thinking space of the entrepreneur, and the growth of an enterprise is limited by the thinking space that its operators can achieve.

Drucker

Cleaning up your network is like cleaning out your wardrobe. Only by removing inappropriate clothes from the wardrobe can you put more new clothes into the wardrobe.

Drucker

Effectiveness can be learned. Effectiveness is a habit and a combination of continuous training.

Drucker

Managers are people who do things right, entrepreneurs are people who do things right.

Drucker

A well-managed factory is always monotonous and boring, without any exciting events happening.

Drucker

Concentration is a kind of courage, the courage to decide what should be done and what should be done first.

Drucker

Effective managers hire people based on opportunities rather than problems.

Drucker

Knowing your time is a fruitful path as long as you are willing.

Drucker

Insist on putting important things first and only doing one thing well at a time.

Drucker

Effective managers will adapt to their own habits and will not force themselves.

Drucker

Management is doing things well, leadership is doing the right things.

Drucker

While using people’s strengths, we must tolerate their shortcomings.

Drucker