"In todays economy, the most important resource..." - Quote by Peter Drucker
In todays economy, the most important resource is no longer labor, capital or land; it is knowledge
More by Peter Drucker
“The knowledge we now consider knowledge proves itself in action. What we now mean by knowledge is information effective in action, information focused on results. Results are outside the person, in society and economy, or in the advancement of knowledge itself. To accomplish anything this knowledge has to be highly specialized.”
“It is willingness of people to give of themselves over and above the demands of the job that distinguishes the great from the merely adequate.”
“An executive should be a realist; and no one is less realistic than the cynic.”
More on Economy
“The WPA was one of the most productive elements of FDR's alphabet soup of agencies because it put people to work building roads, bridges, and other projects... It gave men and women a chance to make some money along with the satisfaction of knowing they earned it.”
“The injury of prodigality leads to this, that he who will not economize will have to agonize.”
“Wars are not paid for in wartime. The bill comes later.”
More on Knowledge
“What then is the intellectual advantage of civilization over primitive savagery? It is not necessarily that each civilized man has more knowledge but that he requires far less.”
“The best books... are those that tell you what you know already.”
“The more knowledge you have, the more you're free to rely on your instincts.”