Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.

Quote by Peter F Drucker

Topics: Entrepreneurs Quotes, Innovation Quotes

Unless commitment is made, there are only promises and hopes; but no plans.

Unless commitment is made, there are only promises and hopes; but no plans.

Management is doing things right; leadership is doing the right things.

Management is doing things right; leadership is doing the right things.

Efficiency is doing things right; effectiveness is doing the right things.

Efficiency is doing things right; effectiveness is doing the right things.

Follow effective action with quiet reflection. From the quiet reflection will come even more effective...

Follow effective action with quiet reflection. From the quiet reflection will come even more effective...

Plans are only good intentions unless they immediately degenerate into hard work.

Plans are only good intentions unless they immediately degenerate into hard work.

People who don't take risks generally make about two big mistakes a year. People who...

People who don't take risks generally make about two big mistakes a year. People who...

Follow effective action with quiet reflection. From the quiet reflection will come even more effective...

Follow effective action with quiet reflection. From the quiet reflection will come even more effective...

Trying to predict the future is like trying to drive down a country road at...

Trying to predict the future is like trying to drive down a country road at...

So much of what we call management consists in making it difficult for people to...

So much of what we call management consists in making it difficult for people to...

Whenever you see a successful business, someone once made a courageous decision

Whenever you see a successful business, someone once made a courageous decision

The leaders who work most effectively, it seems to me, never say 'I'. And that's...

The leaders who work most effectively, it seems to me, never say 'I'. And that's...

Long range planning does not deal with future decisions, but with the future of present...

Long range planning does not deal with future decisions, but with the future of present...

Management is doing things right; leadership is doing the right things.

Management is doing things right; leadership is doing the right things.

Few companies that installed computers to reduce the employment of clerks have realized their expectations.......

Few companies that installed computers to reduce the employment of clerks have realized their expectations.......

Management means, in the last analysis, the substitution of thought for brawn and muscle, of...

Management means, in the last analysis, the substitution of thought for brawn and muscle, of...

Time is the scarcest resource and unless it is managed nothing else can be managed.

Time is the scarcest resource and unless it is managed nothing else can be managed.

A business exists to create a customer

A business exists to create a customer

I had to make my own living and my own opportunity! But I made it!...

I had to make my own living and my own opportunity! But I made it!...

Business is always interfering with pleasure - but it makes other pleasures possible

Business is always interfering with pleasure - but it makes other pleasures possible

The music business is a cruel and shallow money trench, a long plastic hallway where...

The music business is a cruel and shallow money trench, a long plastic hallway where...