Peter Drucker
March 6, 2018
Dont take risks, Hunt for opportunities and catch them. There is nothing like entrepreneurs personality: they are not risk-takers but opportunity-hunters. 6 MARCH Successful innovators are conservative I once attended a university symposium on entrepreneurship at which a number of psychologists spoke. Although their papers disagreed on everything else, they all talked about an “entrepreneurial personality” which was characterized by […]
March 5, 2018
5 MARCH Prediction of future events is futile The starting point to know the future is the realization that there are two different, though complementary, approaches: ▪ Finding and exploiting the time lag between the appearance of a discontinuity in the economy and society and its full impact-one might call this anticipation of a future that has already happened. ▪ […]
March 4, 2018
The journey into ideas and innovating always start with what and why? If it doesnt work, create another. . . 4 MARCH Innovative ideas are like frogs’ eggs: of a thousand hatched, only one or two survive to maturity. The innovative organization understands that innovation starts with an idea. Ideas are somewhat like babies- they are born small, immature and […]
March 3, 2018
3 MARCH Knowledge external to the enterprise The technologies that are likely to have the greatest impact on a company and an industry are technologies outside its own field. Many changes that have transformed enterprises have originated outside the specific industry of that enterprise. Here are three notable examples. The zipper was originally intended to close bales of heavy goods […]
March 2, 2018
The Drucker Series continues. . . Before you start the read, innovation is not only for organizations, even our individual lives need to be recreated to add value to our world. This journey is never ending. So, enjoy your read. . . 2 MARCH Test of Innovation Measure Innovation by what they contribute to market and customer The test of […]
