The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
Peter DruckerRead
In todays economy, the most important resource is no longer labor, capital or land; it is knowledge
Interpretation
What this quote means
Knowledge is the key resource in today's economy.
In a modern economy that is increasingly driven by information and technology, the quote emphasizes that knowledge has become the most vital resource, surpassing traditional factors like labor, capital, and land. This shift highlights the importance of information, skills, and education in creating value and driving progress in today's world.
Themes
KnowledgeEconomyResourcesInformationEducation
In practice
Example use cases
In a seminar on economic trends, you can start by quoting Drucker to emphasize the importance of knowledge.
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.
Peter DruckerRead
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.
Peter DruckerRead
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.
Peter DruckerRead
Unless commitment is made, there are only promises and hopes... but no plans.
Peter DruckerRead
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.
Peter DruckerRead
Similar quotes
The time of business does not differ with me from the time of prayer; and in the noise and clatter of my kitchen, while several persons are at the same time calling for different things, I possess God in as great tranquility as if I were on my knees.
Brother LawrenceRead
Perhaps every time anyone is praised it means that someone else somewhere is going to be ignored
Margaret MahyRead
Like a beautiful flower that is colorful but has no fragrance, even well spoken words bear no fruit in one who does not put them into practice.
Gautama BuddhaRead
I find writing extremely difficult. I usually have to drag myself to my desk, mainly because I doubt myself. And it's getting harder because I want to improve with every book.
Markus ZusakRead
If we listen to and follow the promptings of the Spirit, they will serve as a Liahona, guiding us through the unknown, challenging valleys and mountains that are ahead (see 1 Nephi 16).
Dieter F. UchtdorfRead
Cleverness is a burden after that. You are supposed to settle down and be a good person, raise your children, and be good to your friends, which you may not have been back when you were clever.
Garrison KeillorRead