A Quote by Peter Drucker

Great wisdom not applied to action and behavior is meaningless data. — © Peter Drucker
Great wisdom not applied to action and behavior is meaningless data.
Scientific data are not taken for museum purposes; they are taken as a basis for doing something. If nothing is to be done with the data, then there is no use in collecting any. The ultimate purpose of taking data is to provide a basis for action or a recommendation for action. The step intermediate between the collection of data and the action is prediction.
Wisdom is meaningless until your own experience has given it meaning, and there is wisdom in the selection of wisdom.
The biggest mistake is an over-reliance on data. Managers will say if there are no data they can take no action. However, data only exist about the past. By the time data become conclusive, it is too late to take actions based on those conclusions.
I think there's data, and then there's information that comes from data, and then there's knowledge that comes from information. And then, after knowledge, there is wisdom. I am interested in how to get from data to wisdom.
People should not feel intimidated by received wisdom. You have to discover it yourself. If I tell you that Armstrong is great, it's meaningless; you have to hear it.
Data by itself is not useful. Data is only useful if it can be applied for public benefit.
While hard data may inform the intellect, it is largely soft data that generates wisdom.
I am a data hound and so I usually end up working on whatever things I can find good data on. The rise of Internet commerce completely altered the amount of information you could gather on company behavior so I naturally drifted toward it.
All of these technologies that we are putting together... our memory technology, our CPU, our graphics architecture, our GPUs - all that is being applied to where the data is. You can almost predict where Intel will be in the future. It will be where data resides.
As you begin changing your thinking, start immediately to change your behavior. Begin to act the part of the person you would like to become. Take action on your behavior. Too many people want to feel, then take action. This never works.
All of the great ideas, without action, become stale and useless. The key to turning dreams into reality is action. People who have great ideas are a dime a dozen. People who act on their dreams and ideas are the select few, but they are the ones who gain the wealth, wealth and wisdom that is available. Someone will act today. Let it be you.
I'm very lucky to work at bitly, with a data set that allows us to explore human social behavior at the scale of human social behavior.
We are now at a point in time when the ability to receive, utilize, store, transform and transmit data - the lowest cognitive form - has expanded literally beyond comprehension. Understanding and wisdom are largely forgotten as we struggle under an avalanche of data and information.
Your writers write these pieces about meaningless startups, meaningless apps and meaningless companies.
Data isn't information. ... Information, unlike data, is useful. While there's a gulf between data and information, there's a wide ocean between information and knowledge. What turns the gears in our brains isn't information, but ideas, inventions, and inspiration. Knowledge-not information-implies understanding. And beyond knowledge lies what we should be seeking: wisdom.
Behavior is the theory of manners practically applied.
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