The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
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.
Interpretation
What this quote means
Knowledge is the most crucial resource for economic success.
In this quote, Peter Drucker emphasizes the fundamental shift in the economy where knowledge has become the cornerstone of production and progress, surpassing traditional resources like capital, labor, and natural elements. The quote suggests that in a knowledge-driven world, the capacity to innovate, understand, and leverage information is key to achieving economic growth and success.
Themes
KnowledgeEconomyProductionResourcesInnovation
In practice
Example use cases
In a speech about the future of work, this quote can highlight the importance of continuous learning.
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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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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Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake.
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Similar quotes
Schools are not intended to moralize a wicked world, but to impart knowledge and develop intelligence, with only two social aims in mind: prepare to take on one's share in the world's work, and perhaps in addition, lend a hand in improving society, after schooling is done.
Jacques BarzunRead
Insensibly he formed the most delightful habit in the world, the habit of reading: he did not know that thus he was providing himself with a refuge from all the distress of life; he did not know either that he was creating for himself an unreal world which would make the real world of every day a source of bitter disappointment.
W. Somerset MaughamRead
If you educate a boy, you educate a person, but if you educate a girl, you educate a family and benefit an entire community.β An entire community - now that is really interesting! Then I found the quote changed a little more on the Kingdom of Jordan website by her Royal Majesty Queen Rania of Jordan during her interview with Oprah Winfrey. Queen Rania relates the quote in these words: βAs you educate a woman, you educate the family. If you educate the girls, you educate the future.
Queen Rania Of JordanRead
Education is power, it changes your whole life, it can create a life for yourself. So the more educated you are, the more you learn about what you care about, you become a more caring person. And if you can speak about what you care about to a person you disagree with, without denigrating or insulting them, then you may actually be heard. And you may even change their mind, or they may change yours.
Amy PoehlerRead
Reading is the gateway to so many things that helps makes it possible for seven billion people to live together on one planet. Literature is the great extra-somatic keeper of our knowledge of what it is to be human. Reading elevates us. We read to be our best selves.
Nicola GriffithRead
No one can call themselves a writer until he or she has written at least fifty stories.
David Foster WallaceRead