There are only two things in a business that make money - innovation and marketing, everything else is cost. — Peter Drucker Copy Share Image
The large organization has to learn to innovate, or it won't survive. — Peter Drucker Copy Share Image
No other area offers richer opportunities for successful innovation than the unexpected success. — Peter Drucker Copy Share Image
Whenever anything is being accomplished, it is being done, I have learned, by a monomaniac with a mission. — Peter Drucker Copy Share Image
Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist… — Peter Drucker Copy Share Image
Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or… — Peter Drucker Copy Share Image
The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline… — Peter Drucker Copy Share Image
Providing more desirable products, services, and customer experiences is vital to the continued existence of any business. And that is INNOVATION. — Peter Drucker Copy Share Image
Knowledge is the source of Wealth. Applied to tasks we already know, it becomes Productivity. Applied to tasks that are new, it… — Peter Drucker Copy Share Image
Because its purpose is to create a customer, the business has two and only two functions: Marketing and Innovation. Marketing and Innovation… — Peter Drucker Copy Share Image
Thus, for those who are willing to go out into the field, to look and to listen, changing demographics is both a… — Peter Drucker Copy Share Image
An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction. — Peter Drucker Copy Share Image
There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're… — Peter Drucker Copy Share Image
But innovation is more than a new method. It is a new view of the universe, as one of risk rather than… — Peter Drucker Copy Share Image
Innovation requires us to systematically identify changes that have already occurred in a business - in demographics, in values, in technology or… — Peter Drucker Copy Share Image
Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or… — Peter Drucker Copy Share Image
Above all, innovation is not invention. It is a term of economics rather than of technology. — Peter Drucker Copy Share Image
Innovation opportunities do not come with the tempest but with the rustling of the breeze. — Peter Drucker Copy Share Image
Effective innovations start small. They are not grandiose. They try to do one specific thing. — Peter Drucker Copy Share Image
It is commonly believed that innovations create changes - but few ever do. Successful innovations exploit changes that have already happened. — Peter Drucker Copy Share Image
Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth. — Peter Drucker Copy Share Image
What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous. — Peter Drucker Copy Share Image
Because its purpose is to create a customer, the business enterprise has two - and only these two — basic functions: marketing… — Peter Drucker Copy Share Image
Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence. — Peter Drucker Copy Share Image
Not to innovate is the single largest reason for the decline of existing organizations. Not to know how to manage is the… — Peter Drucker Copy Share Image
One reason for the tremendous increase in health-care costs in the U.S. is managerial neglect of the "hotel services" by the people who dominate… — Peter Drucker Copy Share
No executive has ever suffered because his subordinates were strong and effective. — Peter Drucker Copy Share
“There is nothing so useless as doing efficiently that which should not be done at all. Peter Drucker” — Peter Drucker Copy Share
Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for… — Peter Drucker Copy Share
The critical question is not "How can I achieve?" but "What can I contribute?" — Peter Drucker Copy Share
We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to… — Peter Drucker Copy Share
When it rains manna from heaven, some people put up an umbrella. Others reach for a big spoon. — Peter Drucker Copy Share
The enterprise can fulfill its human and social functions only if it prospers as a business. — Peter Drucker Copy Share
The computer actually may have aggravated management's degenerative tendency to focus inward on costs. — Peter Drucker Copy Share
Nobody can predict the future; the idea is to have a firm grasp of the present. — Peter Drucker Copy Share
An executive should be a realist; and no one is less realistic than the cynic. — Peter Drucker Copy Share
