A Quote by Peter Drucker

Management must take the lead in making obsolete its own products and services rather than waiting for a competitor to do so. — © Peter Drucker
Management must take the lead in making obsolete its own products and services rather than waiting for a competitor to do so.
Our plan is to lead the public with new products rather than ask them what kind of products they want.
Online business models are still evolving. New and different products and services pop up every day. This gives rise to supporting products and services. A business can make substantial profit by helping others execute their plans for making money.
All these companies that grew to any sizable proportions were all founded with a belief or a cause bigger than their products or services. It was their products or services that helped them bring that cause to life.
Increasingly, consumers don't search for products and services. Rather, services come to their attention via social media.
I know that you're better off making your own products, not just waiting for someone to hand you something.
One thing we seem to be missing is that just as we no longer search for the news, the news finds us today (e.g. this article found me) we will no longer search for products and services, rather we will look to our social graph to what products and services they like and don't like.
Dynasty was the opportunity to take charge of my career rather than waiting around like a library book waiting to be loaned out.
I'd much rather have the consumer buy a Wii, some accessories, and a ton of games, vs. buying any of my competitor's products.
When you start cutting government expenditure, at some point you are cutting essential services rather than excessive services. So you have to take into account the social costs involved in cutting government spending.
The only big companies that succeed will be those that obsolete their own products before somebody else does.
At the beginning of almost every industry, the available products and services are so expensive to own and complicated to use that only people with a lot of money and a lot of skill have access to them. A disruptive technology is an innovation that simplifies the product and makes it so affordable that a whole new population of people can now have one and use it at the beginning for simple applications, and then it improves to the point that it makes the old technology obsolete.
The directors of such companies, however, being the managers rather of other people's money than of their own, it cannot well be expected, that they should watch over it with the same anxious vigilance with which the partners in a private copartnery frequently watch over their own.... Negligence and profusion, therefore, must always prevail, more or less, in the management of the affairs of such a company.
If progressives were interested in mitigating inequality, they would support the dynamism of free markets to allow the merit of ideas, products and services to win the day rather than stifle companies and pick winners in the name of imagined 'progress.'
I was waiting for good films after 'Fugly' released. My second film was important. I kept waiting, and the period strengthened me. I would rather wait and do something worthwhile than take up bad films.
Imagine if the pension funds and endowments that own much of the equity in our financial services companies demanded that those companies revisit the way mortgages were marketed to those without adequate skills to understand the products they were being sold. Management would have to change the way things were done.
We have an industrial base - one that, if made to take orders rather than being allowed in the vacuum of leadership to create them, if enabled by the elimination of cost-plus contracting to produce and achieve rather than waste and receive, could make something worth the cost rather than making work that costs us our dreams.
This site uses cookies to ensure you get the best experience. More info...
Got it!