"Management must take the lead in making..." - Quote by Peter Drucker

“Do not believe that it is very much of an advance to do the unnecessary three times as fast.”

“To be effective, every knowledge worker, and especially every executive, therefore needs to dispose of time in fairly large chunks. To have small dribs and drabs of time at his disposal will not be sufficient even if the total is an impressive number of hours.”

“Ideas are cheap and abundant; what is of value is the effective placement of those ideas into situations that develop into action.”

“Time is the scarcest resource and unless it is managed nothing else can be managed.”

“Treat the large as the small and the few as the many.”

“Managers are the basic and scarcest resource of any business enterprise.”

“Microsoft Research has a thing called the Sense Cam that, as you walk around, it's taking photos all the time. And the software will filter and find the ones that are interesting without having to think, 'Let's get out the camera and get that shot.' You just have that, and software helps you pick what you want.”

“When a thing is new, people say: ‘It is not true.’ Later, when its truth becomes obvious, they say: ‘It is not important.’ Finally, when its importance cannot be denied, they say: ‘Anyway, it is not new.”

“I know you have 1000 great ideas for things that iTunes could do. And we have 1000 more. But innovation is not about saying "yes" to everything. It's about saying "no" to all but the most crucial features.”