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Time Is The Scarcest Resource.
-Peter Drucker
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Time Is The Scarcest

Peter Drucker
Time Is The Scarcest Resource.
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Time
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In All Recorded History There Has Not Been One Economist Who Has Had To Worry About Where The Next Meal Would Come From.
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Education Can No Longer Be The Sole Property Of The State.
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The Enterprise, By Definition, Must Be Capable Of Producing More Or Better Than All The Resources That Comprise It.
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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.
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The Only Things That Evolve By Themselves In An Organization Are Disorder, Friction And Malperformance.
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Morale In An Organization Does Not Mean That "people Get Along Together"; The Test Is Performance Not Conformance.
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The Concept Of Profit Maximization Is, In Fact, Meaningless.
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The World Economy Is Not Yet A Community--not Even An Economic Community...yet The Existence Of The "global Shopping Center" Is A Fact That Cannot Be Undone. The Vision Of An Economy For All Will Not Be Forgotten Again.
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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.
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One Has To Make A Decision When A Condition Is Likely To Degenerate If Nothing Is Done.
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Concentration Is The Key To Economic Results. No Other Principle Of Effectiveness Is Violated As Constantly Today As The Basic Principle Of Concentration.... Our Motto Seems To Be, "let's Do A Little Bit Of Everything."
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The Talk You Hear About Adapting To Change Is Not Only Stupid, It's Dangerous. The Only Way You Can Manage Change Is To Create It.
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I'm Better About Things Than About People. I'm More Interested In People, But I'm Better At Ideas.
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The Honest Work Of Yesterday Has Lost Its Social Status, Its Social Esteem.
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There Is Every Indication That The Period Ahead Will Be An Innovative One, One Of Rapid Change In Technology , Society , Economy , And Institutions .
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When The Business Grows, The Person Who Founded It Is Incredibly Busy. Rapid Growth Puts An Enormous Strain On A Business. You Outgrow Your Production Facilities. You Outgrow Your Management Capabilities.
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People Who Don't Take Risks Generally Make About Two Big Mistakes A Year. People Who Do Take Risks Generally Make About Two Big Mistakes A Year.
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If The Feudal Knight Was The Clearest Embodiment Of Society In The Early Middle Ages, And The "bourgeois" Under Capitalism, The Educated Person Will Represent Society In The Post-capitalist Society In Which Knowledge Has Become The Central Resource.
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We've Spent The Last 30 Years Focusing On The T In It, And We'll Spend The Next 30 Years Focusing On The I.
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Innovative Efforts Should Never Report To Line Managers Charged With Responsibility For Ongoing Operations. The New Project Is An Infant And Will Remain One For The Foreseeable Future, And Infants Belong In The Nursery. The 'adults', That Is, The Executives In Charge Of Existing Businesses Or Products Will Have Neither The Time Nor Understanding For The Infant.
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Fortunately Or Unfortunately, The One Predictable Thing In Any Organization Is The Crisis. That Always Comes. That's When You Do Depend On The Leader: The Job Of The Leader Is To Build An Organization That Is Battle-ready, That Has High Morale, That Knows How To Behave, That Trusts Itself, And Where People Trust One Another.
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Management Means, In The Last Analysis, The Substitution Of Thought For Brawn And Muscle, Of Knowledge For Folkways And Superstition, And Of Cooperation For Force. It Means The Substitution Of Responsibility For Obedience To Rank, And Of Authority Of Performance For The Authority Of Rank.
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We No Longer Even Understand The Question Whether Change Is By Itself Good Or Bad, ...we Start Out With The Axiom That It Is The Norm. We Do Not See Change As Altering The Order... We See Change As Being Order Itself - Indeed The Only Order We Can Comprehend Today Is A Dynamic, A Moving, A Changing One.
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The Most Serious Mistakes Are Not Being Made As A Result Of Wrong Answers. The True Dangerous Thing Is Asking The Wrong Question.
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We Do Not Need More Laws . No Country Suffers From A Shortage Of Laws. We Need A New Model .
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In Book Subjects A Student Can Only Do A Student's Work. All That Can Be Measured Is How Well He Learns, Rather Than How Well He Performs. All He Can Show Is Promise.
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No Organization Can Depend On Genius; The Supply Is Always Scarce And Unreliable. It Is The Test Of An Organization To Make Ordinary People Perform Better Than They Seem Capable Of, To Bring Out Whatever Strength There Is In Its Members, And To Use Each Person's Strength To Help All The Other Members Perform.
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The Arts Alone Give Direct Access To Experience. To Eliminate Them From Education - Or Worse, To Tolerate Them As Cultural Ornaments - Is Antieducational Obscurantism. It Is Foisted On Us By The Pedants And Snobs Of Hellenistic Greece Who Considered Artistic Performance Fit Only For Slaves.
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We Can Say With Certainty - Or 90% Probability - That The New Industries That Are About To Be Born Will Have Nothing To Do With Information.
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...because Knowledge Rapidly Deteriorates Unless It Is Used Constantly, Maintaining Within An Organization An Activity That Is Used Only Intermittently Guarantees Incompetence.
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There's Nothing So Useless Than Executing A Task Efficiently When It Actually Never Should Have Been Executed At All.
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There Is A Great Need For A New Approach, New Methods And New Tools In Teaching, Man's Oldest And Most Reactionary Craft. There Is Great Need For A Rapid Increase In The Productivity Of Learning. There Is, Above All, Great Need For Methods That Will Make The Teacher Effective And Multiply His Or Her Efforts And Competence. Teaching Is, In Fact, The Only Traditional Craft In Which We Have Not Yet Fashioned The Tools That Make An Ordinary Person Capable Of Superior Performance. In This Respect, Teaching Is Far Behind Medicine, Where The Tools First Became Available A Century Or More Ago.
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Without Institution There Is No Management. But Without Management There Is No Institution.
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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.
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Once A Year Ask The Boss, "what Do I Or My People Do That Helps You To Do Your Job?" And "what Do I Or My People Do That Hampers You?"
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What Can I Contribute That Will Significantly Affect The Performance And The Results Of The Institution I Serve?
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Innovation Is The Specific Instrument Of Entrepreneurship. The Act That Endows Resources With A New Capacity To Create Wealth.
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The Computer, Being A Mechanical Moron, Can Handle Only Quantifiable Data.
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Top Management As A Function And As A Structure Was First Developed By Georg Von Siemens (1839-1901) In Germany Between 1870 And 1880, When He Designed And Built The Deutsche Bank And Made It, Within A Very Few Years, Into Continental Europe's Leading And Most Dynamic Financial Institution.
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Strategy Is A Commodity, Execution Is An Art.
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The Manager Is A Servant. His Master Is The Institution He Manages And His First Responsibility Must Therefore Be To It.
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There Are No Creeds In Mathematics.
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The Ultimate Resource In Economic Development Is People. It Is People, Not Capital Or Raw Materials That Develop An Economy.
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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.
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Marketing And Innovation Produce Results; All The Rest Are Costs.
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Entrepreneurship Is “risky” Mainly Because So Few Of The So-called Entrepreneurs Know What They Are Doing.
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A Manager's Task Is To Make The Strengths Of People Effective And Their Weakness Irrelevant - And That Applies Fully As Much To The Manager's Boss As It Applies To The Manager's Subordinates.
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Nobody In The World Is As Good At Making Decisions As The Japanese.
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Economists Think The Poor Need Them To Tell Them That They Are Poor.
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Successful People Know They Need To Get Many Things Done-and Done Effectively. Therefore, They Concentrate Their Time And Energy On Doing One Thing At A Time-and On Doing First Things Firs.
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Innovation Opportunities Do Not Come With The Tempest But With The Rustling Of The Breeze.
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Marketing Is Not Only Much Broader Than Selling, It Is Not A Specialized Activity At All. It Encompasses The Entire Business. It Is The Whole Business Seen From The Point Of View Of Its Final Result, That Is, From The Customer's Point Of View.
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Loafing" Is Easy, But "leisure" Is Difficult.
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Time Is The Scarcest Resource.
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Few Relationships Are As Critical To The Business Enterprise As The Relationship To The Government. Managers Have Responsibility For This Relationship As Part Of Their Responsibility To The Enterprise Itself. It Is An Area Of Social Impact Of The Business. To A Large Extent The Relationship To Government Results From What Businesses Do Or Fail To Do.
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Every Time You Do Something That Is Important, Write Down What You Expect Will Happen.
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The Fault Is In The System And Not In The Men.
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Unless We Realize That The Essence Of Nazism Is Also An Attempt To Solve A Universal Problem Of Western Civilization - That Of The Industrial Society - And That The Basic Principles On Which The Nazis Base This Attempt Are Also In No Way Confined To Germany, We Do Not Know What We Fight For Or What We Fight Against... The War Is Being Fought For The Structure Of Industrial Society - Its Basic Principles, Its Purposes, And Its Institutions.
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Unless The Power Of The Corporation Can Be Organized On An Accepted Principle Of Legitimacy, It Will Be Taken Over By A Central Government
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The Next Thing To Be Said About What Long-range Planning Is Not, Is That It Does Not Deal With Future Decisions. It Deals With The Futurity Of Present Decisions. Decisions Exist Only In The Present. The Question That Faces The Long-range Planner Is Not What We Should Do Tomorrow.
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The Young Knowledge Worker Whose Job Is Too Small To Challenge And Test His Abilities Either Leaves Or Declines Rapidly Into Premature Middle Age, Soured, Cynical, Unproductive.
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Customers Pay Only For What Is Of Use To Them And Gives Them Value. Nothing Else Constitutes Quality.
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Luck Never Built A Business. Prosperity And Growth Come Only To The Business That Systematically Finds And Exploits Its Potential.
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If You're Not Living Life On The Edge, You're Taking Up Too Much Space. The Best Way To Predict The Future Is To Create It.
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The Organization Is, Above All, Social. It Is People.
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To Make A Living Is No Longer Enough. Work Also Has To Make A Life.
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In The Modern Corporation The Decisive Power, That Of The Managers , Is Derived From No One But The Managers Themselves Controlled By Nobody And Nothing And Responsible To No One. It Is In The Most Literal Sense Unfounded, Unjustified, Uncontrolled And Irresponsible Power.
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Vision Without Execution Is Delusion. The Joy Is In The Results
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I Have No Interest In Celebrities. If All The Superrich Disappeared, The World Economy Would Not Even Notice. The Superrich Are Irrelevant To The Economy.
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The Better A Man Is, The More Mistakes He Will Make, For The More New Things He Will Try. I Would Never Promote To A Top-level Job A Man Who Was Not Making Mistakes...otherwise He Is Sure To Be Mediocre.
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During Periods Of Discontinuous, Abrupt Change, The Essence Of Adaptation Involves A Keen Sensitivity To What Should Be Abandoned - Not What Should Be Changed Or Introduced. A Willingness To Depart From The Familiar Has Distinct Survival Value.
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We Know Nothing About Motivation. All We Can Do Is Write Books About It.
Motivational
Business
Book
To Be Effective, Every Knowledge Worker, And Especially Every Executive, Therefore Needs To Dispose Of Time In Fairly Large Chunks. To Have Small Dribs And Drabs Of Time At His Disposal Will Not Be Sufficient Even If The Total Is An Impressive Number Of Hours.
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The Really Important Things Are Said Over Cocktails And Are Never Done.
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Strong People Have Strong Weaknesses.
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I Have Been Saying For Many Years That We Are Using The Word 'guru' Only Because 'charlatan' Is Too Long To Fit Into A Headline.
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Ideas Are Cheap And Abundant; What Is Of Value Is The Effective Placement Of Those Ideas Into Situations That Develop Into Action.
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If General Perception Changes From Seeing The Glass As 'half-full' To Seeing It As 'half Empty' There Are Major Innovative Opportunities.
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The Successful Person Places More Attention On Doing The Right Thing Rather Than Doing Things Right.
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The Fruit Of Your Work Grows On Other People's Trees
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Absolute Size By Itself Is No Indicator Of Success And Achievement, Let Alone Of Managerial Competence. Being The Right Size Is.
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Most Leaders Don't Need To Learn What To Do. They Need To Learn What To Stop.
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Accept The Fact That We Have To Treat Almost Anybody As A Volunteer.
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Free Enterprise Cannot Be Justified As Being Good For Business. It Can Be Justified Only As Being Good For Society.
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As Soon As You Move One Step Up From The Bottom, Your Effectiveness Depends On Your Ability To Reach Others Through The Spoken And Written Word.
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Effectiveness
Steps
All Economic Activity Is By Definition "high Risk." And Defending Yesterday--that Is, Not Innovating--is Far More Risky Than Making Tomorrow.
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Definitions
Meetings Are By Definition A Concession To Deficient Organization. For One Either Meets Or One Works.
Business
Organization
Definitions
Great Wisdom Not Applied To Action And Behavior Is Meaningless Data.
Data
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Action
The Better A Man Is The More Mistakes Will He Make – For The More New Things He Will Try.
Mistake
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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.
Running
Greatness
Finals
Plans Are Worthless, But Planning Is Invaluable.
Planning
Project Management
Plans
Education Gives You Neither Experience Nor Wisdom.
Giving
Whenever You See A Successful Business, Someone Once Made A Courageous Decision.
Inspirational
Success
Confidence
When Henry Ford Said, "the Customer Can Have A Car In Any Color As Long As It's Black," He Was Not Joking.
Color
Long
Car
Management By Objective Works - If You Know The Objectives. Ninety Percent Of The Time You Don't.
Inspirational
Leadership
Wise
"the Area In Which The Executive First Encounters The Challenge Of Strength Is In Staffing. The Effective Executive Fills Positions And Promotes On The Basis Of What A Man Can Do. He Does Not Make Staffing Decisions To Minimize Weaknesses But To Maximize Strength."
Men
Decision
Challenges
Leaders Shouldn?t Attach Moral Significance To Their Ideas: Do That, And You Can?t Compromise.
Ideas
Leader
Moral
The Enterprise Can Fulfill Its Human And Social Functions Only If It Prospers As A Business.
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Function
Enterprise
Inside An Organization There Are Only Cost Centers. The Only Profit Center Is A Customer Whose Check Has Not Bounced.
Organization
Cost
Checks
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.
Mean
Opportunity
Entrepreneur
Efficiency Is Doing Better What Is Already Being Done.
Teamwork
Effectiveness
Team Building
As A Manager You're Paid To Be Uncomfortable. If You're Comfortable, It's A Sure Sign You're Doing Things Wrong.
Uncomfortable
Paid
Managers
There Is Nothing So Useless As Doing Efficiently That Which Should Not Be Done At All.
Inspirational
Motivational
Change
Unless Strategy Evaluation Is Performed Seriously And Systematically, And Unless Strategists Are Willing To Act On The Results, Energy Will Be Used Up Defending Yesterday.
Yesterday
Energy
Evaluation
For The First Four Years, No New Enterprise Produces Profits. Even Mozart Didn't Start Writing Music Until He Was Four.
Writing
Years
Firsts
Financial "synergy" Is A Will-o'-the-wisp.it Looks Good On Paper, But It Fails To Work Out In Practice.
Practice
Work Out
Looks
No Other Area Offers Richer Opportunities For Successful Innovation Than The Unexpected Success.
Success
Opportunity
Innovation
Unless Commitment Is Made, There Are Only Promises And Hopes... But No Plans.
Inspirational
Commitment
Keeping Promises
Ideas Are Like Frog Eggs: You've Got To Lay A Thousand To Hatch One.
Eggs
Ideas
Frogs
Defending Yesterday Is Far More Risky Than Making Tomorrow.
Yesterday
Tomorrow
All Companies Are Service Companies; Some Also Manufacture Products.
Company
Products
An Employer Has No Business With A Man's Personality. Employment Is A Specific Contract Calling For A Specific Performance... Any Attempt To Go Beyond That Is Usurpation. It Is Immoral As Well As An Illegal Intrusion Of Privacy. It Is Abuse Of Power. An Employee Owes No "loyalty," He Owes No "love" And No "attitudes" - He Owes Performance And Nothing Else. .... The Task Is Not To Change Personality, But To Enable A Person To Achieve And To Perform.
Loyalty
Attitude
Men
The Single Most Important Thing To Remember About Any Enterprise Is That Results Exist Only On The Outside.the Result Of A Business Is A Satisfied Customer. The Result Of A Hospital Is A Satisfied Patient. The Result Of A School Is A Student Who Has Learned Something And Puts It To Work Ten Years Later. Inside An Enterprise There Are Only Costs.
School
Years
Important
You Cannot Build Performance On Weaknesses. You Can Build Only On Strengths.
Weakness
Performances
Management Is Not Being Brilliant. Management Is Being Conscientious.
Management
Brilliant
And No Matter How Serious An Environmental Problem The Automobile Poses In Today's Big City, The Horse Was Dirtier, Smelled Worse, Killed And Maimed More People, And Congested The Streets Just As Much.
Horse
Cities
People
As A Rule We Perceive What We Expect To Perceive... The Unexpected Is Usually Not Received At All.
Unexpected
Perceive
The Individual Needs The Return To Spiritual Values, For He Can Survive In The Present Human Situation Only By Reaffirming That Man Is Not Just A Biological And Psychological Being But Also A Spiritual Being, That Is Creature, And Existing For The Purposes Of His Creator And Subject To Him.
Spiritual
Men
Needs
We Can't Make People Better By Trying To Eliminate Their Weaknesses, But We Can Help Then Perform Better By Building On Their Strengths.
People
Trying
Weakness
Growth That Adds Volume Without Improving Productivity Is Fat. Growth That Diminishes Productivity Is Cancer.
Cancer
Growth
Add
A Manager Is Responsible For The Application And Performance Of Knowledge.
Work
Learning
Knowledge
Most Americans Do Not Know What Their Strengths Are. When You Ask Them, They Look At You With A Blank Stare, Or They Respond In Terms Of Subject Knowledge, Which Is The Wrong Answer.
Wrong Answers
Looks
Blank
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.
Germany
Welfare
Entitlement
What The Customer Buys And Considers Value Is Never A Product. It Is Always Utility, That Is, What A Product Or A Service Does For The Customer.
Doe
Customers
Utility
The Healthier A New Venture And The Faster It Grows, The More Financial Feeding It Requires.
New Ventures
Financial
Feeding
Teaching 23-year-olds In An Mba Programme Strikes Me As Largely A Waste Of Time. They Lack The Background Of Experience. You Can Teach Them Skills - Accounting And What Have You - But You Can't Teach Them Management.
Teaching
Years
Mba
There Is One Qualification The Manager Cannot Acquire But Must Bring To The Task. It Is Not Genius; It Is Character.
Character
Tasks
Genius
Executives Do Many Things In Addition To Making Decisions. But Only Executives Make Decisions. The First Managerial Skill Is, Therefore, The Making Of Effective Decisions.
Skills
Decision
Firsts
The Purpose Of A Business Is To Create A Customer.
Motivational
Business
Loyal Customers
Our Society Has Become An Employee Society.
Our Society
Employee
The Leader Of The Past Was A Person Who Knew How To Tell. The Leader Of The Future Will Be A Person Who Knows How To Ask.
Past
Leader
Inspire
The World Political System Is Till Based On The Concept Of The National Sovereign State. For The First Time Therefore, In Three Hundred Years Economy And Sovereignty Are Becoming Divorced From Each Other.
Years
Political
Three
Organizationally What Is Required - And Evolving - Is Systems Management.
Management
Evolve
The Job Of A Professional Manager Is Not To Like People. It Is Not To Change People. It Is To Put Their Strengths To Work.
Jobs
People
Managers
Production Is Not The Application Of Tools To Materials, But Logic To Work.
Tools
Logic
Materials
In A Rural Society Communities Are "given" For The Individual. Community Is A Fact, Whether Family Or Religion, Social Class Or Caste.
Class
Community
Religion
True Marketing Starts...with The Customer, His Demographics, His Realities, His Needs, His Values. It Does Not Ask, "what Do We Want To Sell?" It Asks, "what Does The Customer Want To Buy?"
Reality
Marketing
Doe
Strategic Management Is Not A Box Of Tricks Or A Bundle Of Techniques. It Is Analytical Thinking And Commitment Of Resources To Action. But Quantification Alone Is Not Planning. Some Of The Most Important Issues In Strategic Management Cannot Be Quantified At All.
Commitment
Thinking
Issues
The Best Plan Is Only A Plan... Unless It Degerates Into Work.
Plans
It Is Easier To Raise The Performance Of One Leader Than It Is To Raise The Performance Of A Whole Mass.
Leader
Easier
Mass
There Are Usually Half A Dozen Right Answers To What Needs To Be Done. Yet, Unless A Person Makes The Risky And Controversial Choice Of Only One, He Will Achieve Nothing.
Choices
Needs
Done
Today Knowledge Has Power. It Controls Access To Opportunity And Advancement.
Education
Wise
Knowledge
Shoes Are Real. Money Is An End Result.
Real
Shoes
Ends
Every Organization Must Be Prepared To Abandon Everything It Does To Survive In The Future.
Leadership
Organization
Doe
The Most Critical Case In A Corporation, Especially A Big One, Is When Everything Goes Well, When You Have Accomplished Your Objectives. When The Temptation Is To Work Twice As Hard Instead Of Saying, "we Have Accomplished Our Objectives, We Have To Think Again."
Business
Thinking
Temptation
Planning Is Actually Incompatible With An Entrepreneurial Society And Economy. Planning Is The Kiss Of Death Of Entrepreneurship.
Kissing
Planning
Entrepreneurship
Trees Die From The Top”. No One Should Ever Become A Strategist Unless He Or She Is Willing To Have His Or Her Character Serve As A Model For Subordinates
Character
Tree
Should
Communication Always Makes Demands. It Always Demands That The Recipient Become Somebody, Do Something, Believe Something. It Always Appeals To Motivation.
Motivation
Believe
Communication
There Is No Reason To Believe That The People Who Staff The Managerial And Professional Positions In Our Service Institutions Are Any Less Qualified, Any Less Competent Or Honest, Or Any Less Hard-working Than The Men Who Manage Businesses. Conversely, There Is No Reason To Believe That Business Managers, Put In Control Of Service Institutions, Would Do Better Than The 'bureaucrats'. Indeed, We Know That They Immediately Become Bureaucrats Themselves.
Believe
Hard Work
Men
Making Changes To Better Appeal To Customer Is Innovation.
Innovation
Making Changes
Appeals
Management And Union May Be Likened To That Serpent Of The Fables Who On One Body Had Two Heads That Fighting Each Other With Poisoned Fangs, Killed Themselves.
Fighting
Two
Body
Once The Facts Are Clear The Decisions Jump Out At You.
Lynching
Choices
Decision
Because Its Purpose Is To Create A Customer, The Business Enterprise Has Two - And Only These Two — Basic Functions: Marketing And Innovation. Marketing And Innovation Produce Results; All The Rest Are 'costs'.
Two
Innovation
Marketing
Most Of What You Hear About Entrepreneurshi P Is All Wrong. It's Not Magic; It's Not Mysterious; And It Has Nothing To Do With Genes. It's A Discipline And, Like Any Discipline, It Can Be Learned.
Discipline
Magic
Mysterious
Information Is The Manager's Main Tool, Indeed The Manager's Capital, And It Is He Who Must Decide What Information He Needs And How To Use It.
Library
Needs
Tools
Now That Knowledge Is Taking The Place Of Capital As The Driving Force In Organizations Worldwide, It Is All Too Easy To Confuse Data With Knowledge And Information Technology With Information.
Technology
Data
Organization
Objectives Are Not Commands; They Are Commitments.
Commitment
Command
Objectives
There Are Companies That Are Good At Improving What They're Already Doing. There Are Companies That Are Good At Extending What They're Doing. And Finally There Are Companies That Are Good At Innovation. Every Large Company Has To Be Able To Do All Three - Improve, Extend, And Innovate - Simultaneously.
Innovation
Three
Able
One Either Meets Or One Works.
To Make The Future Demands Courage. It Demands Work. But It Also Demands Faith.
Goal
Demand
You Must Accept That If The Computer Is A Tool, It Is The Job Of Tool User To Know What To Use It For.
Jobs
Tools
Use
What Is The Manager's Job? It Is To Direct The Resources And The Efforts Of The Business Toward Opportunities For Economically Significant Results. This Sounds Trite - And It Is. But Every Analysis Of Actual Allocation Of Resources And Efforts In Business That I Have Ever Seen Or Made Showed Clearly That The Bulk Of Time, Work, Attention, And Money First Goes To Problems Rather Than To Opportunities, And, Secondly, To Areas Where Even Extraordinarily Successful Performance Will Have Minimal Impact On Results.
Jobs
Successful
Opportunity
Understanding Quotes: Their Essence and Application

Quotes, or quotations, are powerful tools in communication, encapsulating ideas, emotions, and wisdom in concise expressions. They serve various purposes across different contexts, from academic writing to everyday conversation.

1. Defining Quotes

A quote is a repetition of someone else's statement or thoughts. It can be a direct replication of words spoken or written by another individual, often used to support arguments, provide evidence, or convey profound insights.


2. The Importance of Quotes

2.1. Enhancing Credibility

Incorporating quotes from authoritative sources can bolster the credibility of your work. By referencing experts or primary sources, you demonstrate thorough research and a solid foundation for your arguments.


2.2. Providing Evidence

Quotes serve as concrete evidence to support claims. In academic and professional writing, they validate points made, offering readers a basis to trust the information presented.


2.3. Conveying Emotions and Perspectives

Quotes can encapsulate emotions and perspectives succinctly. They allow writers to express complex feelings or viewpoints through the words of others, often more eloquently than paraphrasing.


3. Types of Quotes

3.1. Direct Quotes

Direct quotes involve copying the exact words from a source, enclosed in quotation marks. They are used when the original wording is significant or particularly well-expressed.


3.2. Indirect Quotes (Paraphrasing)

Indirect quotes restate the original message in your own words. While not enclosed in quotation marks, they still require proper attribution to the original source.


3.3. Block Quotes

Block quotes are lengthy direct quotations, formatted as a separate block of text. They are typically used for quotes exceeding a certain length, varying by citation style. For instance, in APA style, quotes longer than 40 words are formatted as block quotes.



4. Proper Usage of Quotes


4.1. Contextual Relevance

Ensure that the quote you choose is relevant to the topic and adds value to your content. Avoid inserting quotes solely for decorative purposes.


4.2. Integration into Your Writing

Seamlessly integrate quotes into your writing. Introduce them appropriately and follow up with analysis or commentary to connect them to your main points.


4.3. Attribution and Citation

Always attribute quotes to their original authors and provide proper citations according to the required style guide (APA, MLA, Chicago, etc.).


5. Common Mistakes to Avoid


5.1. Overusing Quotes

Relying too heavily on quotes can overshadow your voice. Use them sparingly to support your arguments, not replace them.


5.2. Lack of Analysis

Presenting a quote without analysis or explanation can leave readers questioning its relevance. Always follow up with your interpretation or discussion.


5.3. Misquoting or Taking Out of Context

Ensure that quotes are accurate and not taken out of context, as this can mislead readers and undermine your credibility.



6. Quotes in Different Contexts


6.1. Academic Writing

In academic writing, quotes are used to support arguments, provide evidence, and engage with existing literature. Proper citation is crucial to avoid plagiarism.


6.2. Journalism

Journalists use quotes to provide firsthand accounts, add authenticity, and present multiple perspectives within a story.


6.3. Literature and Creative Writing

In literature, quotes can be used to convey character voices, themes, and stylistic elements. They enrich narratives and provide depth to storytelling.



7. Punctuation and Formatting


Understanding the correct punctuation and formatting of quotes is essential:


Quotation Marks: Always enclose direct quotes within quotation marks.


Punctuation Placement: In American English, periods and commas are placed inside quotation marks, while colons and semicolons are placed outside.


Block Quotes: For longer quotes, format them as block quotes without quotation marks, and indent the entire block.



8. Ethical Considerations


Ethical use of quotes involves accurate representation, proper attribution, and respect for intellectual property. Misuse can lead to plagiarism, which carries serious academic and professional consequences.

9. Tools for Managing Quotes


Utilize tools like citation generators and plagiarism checkers to manage quotes effectively. These tools help ensure proper formatting and originality in your writing.



Conclusion


Quotes are invaluable in enriching content, providing evidence, and conveying complex ideas succinctly. When used appropriately, they enhance the quality and credibility of your writing. Always ensure relevance, proper integration, and ethical usage to maximize their impact.


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