A Quote by Peter Drucker

Most innovators are successful to the extent to which they define risks and confine them. — © Peter Drucker
Most innovators are successful to the extent to which they define risks and confine them.
These powers ought to exist without limitation, because it is impossible to foresee or to define the extent and variety of national exigencies, and the correspondent extent and variety of the means which may be necessary to satisfy them.
Innovators have to be open. They have to be able to imagine things that others cannot and be willing to challenge their own preconceptions. They also need to be conscientious. An innovator who has brilliant ideas but lacks the discipline and persistence to carry them out is merely a dreamer ... But crucially, innovators need to be disagreeable ... They are people willing to take social risks-to do things that others might disapprove of.
Luxembourg has a track record of being successful when it takes risks. You need to take on risks to be successful.
How do you turn the invisible into the visible? The first step is to define your dream precisely; the only limit to what you can achieve is the extent of your ability to define with precision that which you desire.
The trouble is that the risks that are being hedged very well by new financial securities are financial risks. And it appears to me that the real things you want to hedge are real risks, for example, risks in innovation. The fact is that you'd like companies to be able to take bigger chances. Presumably one obstacle to successful R&D, particularly when the costs are large, are the risks involved.
We insist on celebrating lone heroic path-finders, but even the most admired and the most successful inventors are part of a more remarkable supply chain of innovators who are largely ignored for the simpler mythology of one man or one eureka moment.
A striking feature of moral and political argument in the modern world is the extent to which it is innovators, radicals, and revolutionaries who revive old doctrines, while their conservative and reactionary opponents are the inventors of new ones.
I would like to suggest to you that the extent to which government in America has departed from the original design of in habiting the destructive actions of man and invoking a common justice; the extent to which government has invaded the productive and creative areas; the extent to which the government in this country has assumed the responsibility for the security, welfare, and prosperity of our people is a measure of the extent to which socialism has developed here in this land of ours.
I'll drop something for a while, a year or maybe several years, and then pick it up again. I think that's the way successful innovators work. They keep juggling ideas, keeping them in the air, in the back of their mind, to inspire them or enable new recombinations.
Don't let others define you. Don't let the past confine you. Take charge of your life with confidence and determination and there are no limits on what you can do or be.
The more successful enterprises are the more they try to replicate, duplicate, codify what makes us great. And suddenly they're inward thinking. They're thinking how can we continue to do what we've done in the past without understanding that what made them successful is to take risks, to change and to adapt and to be responsive. And so in a sense success breeds its own failure. And I think it's true of a lot of successful businesses.
There are some risks we choose to take because the benefits from taking them exceed the possible costs. Optimal behavior takes risks that are worthwhile. This is the central paradigm of finance: we must take risks to achieve rewards, but not all risks are equally rewarded.
Yes, marriage is hateful, detestable. A kind of ineffable, sickening disgust seizes my mind when I think of this most despotic, most unrequited fetter which prejudice has forged to confine its energies.
Successful candidates follow a simple fundamental rule: Define yourself before your opponent can define you.
If thy words be too luxuriant, confine them, lest they confine thee; he that thinks he never can speak enough may easily speak too much. A full tongue and an empty brain are seldom parted.
What interests me is the surprising enormous extent to which most people accept the fate that's been given to them, and find some dignity.
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