Date: Wed, 6 Mar 2002 16:08:25 -0800
Mr. Rod Welch
rowelch@attglobal.net
The Welch Company
440 Davis Court #1602
San Francisco, CA 94111 2496
Subject: | Drucker quote |
Rod,
I can't find the quote. Here are the closest:
Peter F. Drucker, Management: Tasks, Responsibilities, Practices p792
"For a long time (years in many cases) the new endeavor shows neither profits nor growth. It absorbs resources. But then it should grow very fast for quite a long time and return the money invested in its development at least fifty-fold -- if not at a much higher rate -- or else the innovation is a failure."
Peter F. Drucker, Innovation and Entrepreneurship: Practice and Principles p166
I also forwarded your email to Professor Joseph Maciariello. I looked at the 10/99 Atlantic Monthly article you mentioned. There is another article I'm looking for that is more on point for your inquiry. I'll let you know when I find it.
Sincerely,
Drucker Archives
Jill Acree
druckerarchives@cgu.edu