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

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

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

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.

It's not hard to make decisions when you know what your values are.

It's not hard to make decisions when you know what your values are.

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.

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 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...

We know nothing about motivation. All we can do is write books about it.

We know nothing about motivation. All we can do is write books about it.

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...

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...

The best way to predict the future is to create it.

The best way to predict the future is to create it.

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...

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

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

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...

Quality in a product or service is not what the supplier puts in. It is...

Quality in a product or service is not what the supplier puts in. It is...

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

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

People ask the difference between a leader and a boss. The leader leads, and the...

People ask the difference between a leader and a boss. The leader leads, and the...

A boss creates fear, a leader confidence. A boss fixes blame, a leader corrects mistakes....

A boss creates fear, a leader confidence. A boss fixes blame, a leader corrects mistakes....

No man goes before his time unless the boss leaves early.

No man goes before his time unless the boss leaves early.

The secret of successful managing is to keep the five guys who hate you away...

The secret of successful managing is to keep the five guys who hate you away...

You often start with a job you don't want on the way to fulfilling the...

You often start with a job you don't want on the way to fulfilling the...