Sunday, November 29, 2009

Quote about auto companies

"If they survive, it is only because their respective governments will not let them to go under." - Peter Drucker from Innovation and Entrepreneurship.

I found this in Drucker's book written in 1985 about failure by auto companies to innovate along fairly obvious developments in the industry.

Seems very prophetic related to what happened with the big three auto companies in USA.

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