Thursday, November 19, 2009

Meandering about . . .

Today is the birthday of Peter Ferdinand Drucker (November 19, 1909 – November 11, 2005), writer and management consultant. He is often referred to as the father of modern management.

In 1959, he coined the term knowledge worker and considered knowledge work productivity to be the next frontier of management.

"One cannot buy, rent or hire more time. The supply of time is totally inelastic. No matter how high the demand, the supply will not go up. There is no price for it. Time is totally perishable and cannot be stored. Yesterday's time is gone forever, and will never come back. Time is always in short supply. There is no substitute for time. Everything requires time. All work takes place in, and uses up time. Yet most people take for granted this unique, irreplaceable and necessary resource." - Peter Drucker

"We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn." - Peter Drucker

"Plans are only good intentions unless they immediately degenerate into hard work." - Peter Drucker

"Rank does not confer privilege or give power. It imposes responsibility." - Peter Drucker

"The most important thing in communication is hearing what isn't said." - Peter Drucker

"The best way to predict the future is to create it." - Peter Drucker

Drucker image source (1)

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