The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether business or nonbusiness, will be its knowledge, workers, and their productivity.
Peter DruckerManagers are agents of transformation, converting the workforce in developed countries from one of manual workers to one of highly educated knowledge workers.
Peter DruckerThere 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.
Peter DruckerNothing is less productive than to make more efficient what should not be done at all.
Peter DruckerIt is willingness of people to give of themselves over and above the demands of the job that distinguishes the great from the merely adequate.
Peter DruckerWe 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.
Peter Drucker