“The economy is shifting from valuing material things to valuing intangible assets like knowledge, experiences, memories, and relationships, creating massive opportunities for knowledge workers.”
About Peter Drucker
Peter Ferdinand Drucker (; German: [ˈdʁʊkɐ]; November 19, 1909 – November 11, 2005) was an Austrian American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of modern management theory. He was also a leader in the development of management education, and contributed to the popularization of the concepts known as management by objectives and self-control, and he has been described as "the champion of management as a serious discipline".
Relevant Clips14
- Teaching▶ 17:23
Pressuring Others Just Pressures and Upsets You
The economy is shifting from valuing material things to valuing intangible assets like knowledge, experiences, memories, and relationships, creating massive opportunities for knowledge workers.
- Teaching
Information Has Replaced Physical Goods as the Most Valuable Commodity
Information has replaced physical goods as the most valuable commodity in the 21st century, creating unprecedented opportunities for knowledge workers to build profitable businesses
- Teaching▶ 3:04
Knowledge Economy — Work Done With Mind and Relationships
The digital knowledge economy is about work you do with your mind and relationships, not manual labor, where you can't tell a knowledge worker to show up Monday with a good idea
- Teaching▶ 0:05
Interruptions Cost 20 Minutes of Recovery — Protect Focused Blocks
Work in focused blocks of uninterrupted time on single-focus projects for minimum 2 hours, because interruptions require 20 minutes to get back to where you were
- Teaching▶ 4:10
Brief Distracted Effort Kills Momentum
Most people never achieve significant results because they work on something briefly, get distracted, then switch tasks without building momentum
- Teaching▶ 1:07
Only a Handful of People Actually Create Business Value
Only a small handful of people in business actually create the value that leads to sales - typically those involved in innovation and marketing
- Teaching▶ 18:07
Information Products — a Multi-Hundred Billion Dollar Opportunity
Information products represent a multi-hundred billion dollar opportunity as traditional education systems cannot keep up with rapid change
- Teaching▶ 2:10
Building New Habits Takes Daily Willpower for Weeks
Focus work in uninterrupted blocks of at least one hour minimum - this concept comes from Peter Drucker's The Effective Executive
- Teaching▶ 9:38
Two-Hour Uninterrupted Focus Blocks for Maximum Output
Use focused blocks of uninterrupted effort - two hours or more with no interruptions - to dramatically increase productivity
- Teaching▶ 13:51
Innovation and Marketing as the Core of Productivity
Business productivity is about innovation and marketing - creating valuable things and getting them into customers' hands
- Teaching▶ 1:25
Why Most Entrepreneurs Never Build Real Momentum
Most entrepreneurs never achieve significant results because they can't focus on one thing long enough to build momentum
- Teaching▶ 3:45
50-Minute Focus Blocks Stacked for Deep Work
The ideal focus period is 50 minutes at a time, stacked back-to-back with small breaks between sessions
Show 2 more
- Teaching▶ 1:46
Work in Uninterrupted Blocks of at Least One Hour
Focus work in uninterrupted blocks of at least one hour minimum, as taught by Peter Drucker in 'The Effective Executive'
- Quotable▶ 0:30
Drucker's Two Things Business Is Really About
Peter Drucker said business is really about two things. It's about marketing and it's about innovation, and everything else is a cost.