The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
Peter DruckerRead
Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence.
Interpretation
What this quote means
Effective management of innovation is critical for leadership competency.
Peter Drucker's quote emphasizes the importance of managing innovation as a key responsibility for top management. As industries evolve and competition grows, the ability to foster and control innovation will serve as a benchmark for effective leadership, reflecting the overall competence of management in adapting to changing environments and driving success.
Themes
InnovationManagementLeadershipCompetenceChallenge
In practice
Example use cases
During a leadership conference, this quote could be used to emphasize the need for adaptive management skills in innovative environments.
More from Peter Drucker
All quotes βIn the Western tradition, we have focused on teaching as a skill and forgotten what Socrates knew: teaching is a gift, learning is a skill.
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We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.
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The basic economic resource - the means of production -_x000D_ _x000D_ is no longer capital, nor natural resources, nor labor._x000D_ _x000D_ It is and will be knowledge.
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Unless commitment is made, there are only promises and hopes... but no plans.
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The strength of the computer lies in its being a logic machine. It does precisely what it is programed to do. This makes it fast and precise. It also makes it a total moron; for logic is essentially stupid.
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