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During Peter Drucker’s lecture regarding new demands on the executive he begins by reminding his students of the importance of accepting responsibility for making their work effective. He then shares a story in which he heard Albert Einstein play the fiddle, which Einstein “tortured” because he had no ear for music. From there he also discusses the innate qualities required to become either a musician, mathematician, or physician. He then discusses the importance of recognizing and embracing opportunities as they come along. Later during the discussion he shares several stories concerning the Schneider Quartet and the Italian writer Giovanni Boccaccio as examples of individuals who were good at what they did, but did it incorrectly until they made a miraculous discovery to the contrary. He goes on to elaborate that there is more than one way to produce results. Following this he discusses Henry Luce the founder of Fortune Magazine.