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"Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake."
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"So many times it seemed like there were chances to stop things before they started. Or even stop them in midstream. But it was even worse when you knew in that very moment that there was still time to save yourself, and yet you couldn't even budge."

"Sometimes I think I'm real predictable to myself and other times... you always wonder, Is this really what I wanted to do? Did I make a mistake? Should I be doing something else?"

"I never make stupid mistakes. Only very, very clever ones."

"I can't write about my greatest mistakes because I've slept with most of them."

"I've not seen in my lifetime any politician who is a heroic figure. The manipulation that all politicians use on one level or another is so transparent."

"I've had every advantage in the world, despite the 18 years of silence which were nobody's fault but mine."
Explore more quotes by Peter Drucker

"Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes."

"Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got."

"Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands."

"The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product."

"Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information."

"Few companies that installed computers to reduce the employment of clerks have realized their expectations... They now need more, and more expensive clerks even though they call them 'operators' or 'programmers.'"

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