Peter Drucker Quotes About Economy
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Knowledge has become the key resource of the world economy.
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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 ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.
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A business enterprise must continue beyond the lifetime of the individual or of the generation to be capable of producing its contributions to economy and to society.
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Success in the knowledge economy comes to those who know themselves - their strengths, their values, and how they best perform.
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My greatest strength as a consultant is to be ignorant and ask a few questions.
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The only thing we know about the future is that it will be different.
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Entrepreneurship rests on a theory of economy and society. The theory sees change as normal and indeed as healthy. And it sees the major task in society – and especially in the economy – as doing something different rather than doing better what is already being done. This is basically what Say, two hundred years ago, meant when he coined the term entrepreneur.
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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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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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In todays economy, the most important resource is no longer labor, capital or land; it is knowledge
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In the knowledge economy everyone is a volunteer, but we have trained our managers to manage conscripts.
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Today knowledge has power. It controls access to opportunity and advancement.
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Planning is actually incompatible with an entrepreneurial society and economy. Planning is the kiss of death of entrepreneurship.
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The productivity of work is not the responsibility of the worker but of the manager.
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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.
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There is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.
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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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