from Peter Drucker- The Daily Drucker

” We know that “revolution” is not achievement and the new dawn. It results from senile decay, from the bankruptcy of ideas and institutions, from a failure of self-renewal. The only way in which an institution-whether a government, a university, a business, a labor union, an army- can maintain continuity is by building systematic, organized innovation into its very structure. Institutions, systems, policies eventually outlive themselves, as do products, processes, and services. They do it when they accomplish their objectives, and they do it when they fail to accomplish their objectives. Innovation and entrepreneurship are thus needed in society as much as in the economy, in public service institutions as much as in business. The modern organization must be a destabilizer; it must be organized for innovation.”

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