photo of Peter DruckerPhoto Credit: WikiMedia Commons

Quotes by Peter Drucker

Welcome to our collection of quotes (with shareable picture quotes) by Peter Drucker. We hope you enjoy pondering them and that you will share them widely.

Wikipedia Summary for Peter Drucker

Peter Ferdinand Drucker (German: [ˈdʀʊkɐ]; November 19, 1909 – November 11, 2005) was an Austrian management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation. He was also a leader in the development of management education, he invented the concept known as management by objectives and self-control, and he has been described as "the founder of modern management".

Drucker's books and articles, both scholarly and popular, explored how humans are organized across the business, government, and nonprofit sectors of society. He is one of the best-known and most widely influential thinkers and writers on the subject of management theory and practice. His writings have predicted many of the major developments of the late twentieth century, including privatization and decentralization; the rise of Japan to economic world power; the decisive importance of marketing; and the emergence of the information society with its necessity of lifelong learning. In 1959, Drucker coined the term "knowledge worker", and later in his life considered knowledge-worker productivity to be the next frontier of management.

Quote: The best way to predict the future is to create it. by author Peter Drucker overlaid on photo of photo of pine tree
Photo Credit: Kimon Maritz

The best way to predict the future is to create it.


Quote: Great wisdom not applied to action and behavior is meaningless data. by author Peter Drucker overlaid on photo of boy and cat in front of moon
Photo Credit: DiscoverQuotes Staff

Great wisdom not applied to action and behavior is meaningless data.


Quote: Efficiency is doing the thing right. Effectiveness is doing the right thing. by author Peter Drucker overlaid on photo of red rose illustration
Photo Credit: Kyaw Tun

Efficiency is doing the thing right. Effectiveness is doing the right thing.


Quote: People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year. by author Peter Drucker overlaid on photo of swimming pool with stainless steel ladder
Photo Credit: Etienne Girardet

People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.


Quote: Knowledge applied is productivity. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Knowledge applied is productivity.


Quote: Leadership is lifting a person's vision to high sights, the raising of a person's performance to a higher standard, the building of a personality beyond its normal limitations. by author Peter Drucker overlaid on photo of white wall paint with white wall paint
Photo Credit: Joshua Hoehne

Leadership is lifting a person's vision to high sights, the raising of a person's performance to a higher standard, the building of a personality beyond its normal limitations.


Quote: Leaders grow; they are not made. by author Peter Drucker overlaid on photo of person cooking on seashore
Photo Credit: Liam Simpson

Leaders grow; they are not made.


Quote: The leader sees leadership as responsibility rather than as rank and privilege. by author Peter Drucker overlaid on photo of A view of the night showing stars
Photo Credit: Adelin Preda

The leader sees leadership as responsibility rather than as rank and privilege.


Quote: If you want something new, you have to stop doing something old. by author Peter Drucker overlaid on photo of person wearing TV helmet with remote
Photo Credit: Noah Buscher

If you want something new, you have to stop doing something old.


Quote: The most important thing in communication is hearing what isn't said. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The most important thing in communication is hearing what isn't said.


Quote: The entrepreneur always searches for change, responds to it, and exploits it as an opportunity. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.


Quote: Management is doing things right; leadership is doing the right things. by author Peter Drucker overlaid on photo of mountains under starry sky during nighttime
Photo Credit: Yusuf Evli

Management is doing things right; leadership is doing the right things.


Quote: Teamwork is neither good nor desirable.It is a fact. Wherever people work together or play together they do so as a team. Which team to use for what purpose is a crucial, difficult and risky decision that is even harder to unmake. Managements have yet to learn how to make it. by author Peter Drucker overlaid on photo of Peter Drucker quote; white text on black background

Teamwork is neither good nor desirable.It is a fact. Wherever people work together or play together they do so as a team. Which team to use for what purpose is a crucial, difficult and risky decision that is even harder to unmake. Managements have yet to learn how to make it.


Quote: In every success story, you will find someone who has made a courageous decision. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

In every success story, you will find someone who has made a courageous decision.


Quote: Replace your pursuit of success with the pursuit of contribution. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Replace your pursuit of success with the pursuit of contribution.


Quote: Concentration is the key to results. No other principles of effectiveness is violated as constantly today as the basic principle of concentration. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Concentration is the key to results. No other principles of effectiveness is violated as constantly today as the basic principle of concentration.


Quote: Concentration is the key to economic results. No other principles of effectiveness is violated as constantly today as the basic principle of concentration. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Concentration is the key to economic results. No other principles of effectiveness is violated as constantly today as the basic principle of concentration.


Quote: There is only one ethics, one set of rules of morality, one code: That of individual behavior in which the same rules apply to everyone alike. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

There is only one ethics, one set of rules of morality, one code: That of individual behavior in which the same rules apply to everyone alike.


Quote: The real achiever does one thing at a time. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The real achiever does one thing at a time.


Quote: Effective leadership is not about making speeches or being liked; leadership is defined by results, not attributes. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Effective leadership is not about making speeches or being liked; leadership is defined by results, not attributes.


Quote: There is only one valid definition of business purpose: to create a customer. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

There is only one valid definition of business purpose: to create a customer.


Quote: Executives of necessity live and work within an organization. Unless they make conscious efforts to perceive the outside, the inside may blind them to the true reality. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Executives of necessity live and work within an organization. Unless they make conscious efforts to perceive the outside, the inside may blind them to the true reality.


Quote: Profit is not the purpose of a business, but rather the test of its validity. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Profit is not the purpose of a business, but rather the test of its validity.


Quote: People learn the most when teaching others. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

People learn the most when teaching others.


Quote: Results are obtained by exploiting opportunities, not by solving problems. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Results are obtained by exploiting opportunities, not by solving problems.


Quote: The real achiever do one thing at a time. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The real achiever do one thing at a time.


Quote: Marketing is the distinguishing, unique function of the business. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Marketing is the distinguishing, unique function of the business.


Quote: Unless commitment is made, there are only promises and hopes; but no plans. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Unless commitment is made, there are only promises and hopes; but no plans.


Quote: Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence.


Quote: There are only two things in a business that make money -- innovation and marketing, everything else is cost. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

There are only two things in a business that make money -- innovation and marketing, everything else is cost.


Quote: Making changes to better appeal to customer is INNOVATION. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Making changes to better appeal to customer is INNOVATION.


Quote: Because its purpose is to create a customer, the business has two and only two functions: Marketing and Innovation. Marketing and Innovation produce results. All the rest are costs. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Because its purpose is to create a customer, the business has two and only two functions: Marketing and Innovation. Marketing and Innovation produce results. All the rest are costs.


Quote: It's more important to do the right thing than to do things right. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

It's more important to do the right thing than to do things right.


Quote: A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths.


Quote: The companies that refused to make hard choices, or refused to admit that anything much was happening, fared badly. If they survive, it is only because their respective governments will not let them go under. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The companies that refused to make hard choices, or refused to admit that anything much was happening, fared badly. If they survive, it is only because their respective governments will not let them go under.


Quote: Long range planning does not deal with future decisions, but with the future of present decisions. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Long range planning does not deal with future decisions, but with the future of present decisions.


Quote: Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you.




Quote: Efficiency is doing better what is already being done. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Efficiency is doing better what is already being done.


Quote: There is nothing quite so useless as doing with great efficiency something that should not be done at all. Peter F. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

There is nothing quite so useless as doing with great efficiency something that should not be done at all. Peter F.


Quote: Leaders shouldn't attach moral significance to their ideas: Do that, and you can't compromise. Peter F. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Leaders shouldn't attach moral significance to their ideas: Do that, and you can't compromise. Peter F.


Quote: To be more requires a man who is conceited enough to believe that the world really needs him and depends on his getting into power. Peter F. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

To be more requires a man who is conceited enough to believe that the world really needs him and depends on his getting into power. Peter F.


Quote: The test of organization is not genius. It is its capacity to make common people achieve uncommon performance. Peter F. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The test of organization is not genius. It is its capacity to make common people achieve uncommon performance. Peter F.


Quote: Management is doing things right. Leadership is doing the right things. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Management is doing things right. Leadership is doing the right things.


Quote: Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window. Peter F. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window. Peter F.


Quote: To make the future is highly risky. It is less risky, however, than not to try to make it. Peter F. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

To make the future is highly risky. It is less risky, however, than not to try to make it. Peter F.


Quote: In every success story, you will find someone who has made a courageous decision. Peter F. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

In every success story, you will find someone who has made a courageous decision. Peter F.


Quote: Nobody can predict the future; the idea is to have a firm grasp of the present. Peter F. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Nobody can predict the future; the idea is to have a firm grasp of the present. Peter F.


Quote: There are no creeds in mathematics. Peter F. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

There are no creeds in mathematics. Peter F.


Quote: If you want something new, you have to stop doing something old. Peter F. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

If you want something new, you have to stop doing something old. Peter F.


Quote: Plans are only good intentions unless they immediately degenerate into hard work. Peter F. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Plans are only good intentions unless they immediately degenerate into hard work. Peter F.


Quote: The one person to distrust is the one who never makes a mistake. Either he is a phony, or he stays with the safe, the tried, and the trivial. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The one person to distrust is the one who never makes a mistake. Either he is a phony, or he stays with the safe, the tried, and the trivial.


Quote: Replace your pursuit of success with the pursuit of contribution. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Replace your pursuit of success with the pursuit of contribution.


Quote: There is a point of complexity beyond which a business is no longer manageable. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

There is a point of complexity beyond which a business is no longer manageable.


Quote: People who need certainty are unlikely to make good entrepreneurs. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

People who need certainty are unlikely to make good entrepreneurs.


Quote: The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.


Quote: A business enterprise must continue beyond the lifetime of the individual or of the generation to be capable of producing its contributions to economy and to society. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

A business enterprise must continue beyond the lifetime of the individual or of the generation to be capable of producing its contributions to economy and to society.


Quote: Business enterprise is an organ of society. There is only one valid definition of business purpose: to create a customer. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Business enterprise is an organ of society. There is only one valid definition of business purpose: to create a customer.


Quote: The enterprise can fulfill its human and social functions only if it prospers as a business. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The enterprise can fulfill its human and social functions only if it prospers as a business.


Quote: The essence of management is to make knowledge productive. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The essence of management is to make knowledge productive.


Quote: Management by objectives works if you first think through your objectives. Ninety percent of the time you haven't. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Management by objectives works if you first think through your objectives. Ninety percent of the time you haven't.


Quote: Unless commitment is made, there are only promises and hope... But no plans. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Unless commitment is made, there are only promises and hope... But no plans.


Quote: Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility, unable to change. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility, unable to change.


Quote: Business, that's easily defined -- it's other people's money. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Business, that's easily defined -- it's other people's money.


Quote: Listening (the first competence of leadership) is not a skill, it is a discipline. All you have to do is keep your mouth shut. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Listening (the first competence of leadership) is not a skill, it is a discipline. All you have to do is keep your mouth shut.


Quote: There are no creeds in mathematics. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

There are no creeds in mathematics.


Quote: Adequacy is the enemy of excellence. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Adequacy is the enemy of excellence.


Quote: It is willingness of people to give of themselves over and above the demands of the job that distinguishes the great from the merely adequate. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

It is willingness of people to give of themselves over and above the demands of the job that distinguishes the great from the merely adequate.


Quote: We have only one alternative: either to build a functioning industrial society or see freedom itself disappear in anarchy and tyranny. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

We have only one alternative: either to build a functioning industrial society or see freedom itself disappear in anarchy and tyranny.


Quote: Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits. by author Peter Drucker overlaid on photo of Peter Drucker quote; white text on black background

Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.


Quote: Thus, for those who are willing to go out into the field, to look and to listen, changing demographics is both a highly productive and a highly dependable innovation opportunity. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Thus, for those who are willing to go out into the field, to look and to listen, changing demographics is both a highly productive and a highly dependable innovation opportunity.


Quote: If analysis shows that someone's brilliant work fails again and again as soon as cooperation from others is required, it probably indicates a lack of courtesy -- that is, a lack of manners. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

If analysis shows that someone's brilliant work fails again and again as soon as cooperation from others is required, it probably indicates a lack of courtesy -- that is, a lack of manners.


Quote: Economists think the poor need them to tell them that they are poor. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Economists think the poor need them to tell them that they are poor.


Quote: In all recorded history there has not been one economist who has had to worry about where the next meal would come from. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

In all recorded history there has not been one economist who has had to worry about where the next meal would come from.


Quote: Doing the right thing is more important than doing the thing right. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Doing the right thing is more important than doing the thing right.


Quote: People are effective because they say no. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

People are effective because they say no.


Quote: An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction.


Quote: It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity.


Quote: The task of leadership is to create an alignment of strengths so strong that it makes the system's weaknesses irrelevant. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The task of leadership is to create an alignment of strengths so strong that it makes the system's weaknesses irrelevant.


Quote: There's no such thing as knowledge management;

there are only knowledgeable people.

Information only becomes knowledge

in the hands of someone

who knows what to do with it. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

There's no such thing as knowledge management;

there are only knowledgeable people.

Information only becomes knowledge

in the hands of someone

who knows what to do with it.


Quote: If war production should remain the only way out of a long-term depression, industrial society would be reduced to the choice between suicide through total war or suicide through total
 depression. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

If war production should remain the only way out of a long-term depression, industrial society would be reduced to the choice between suicide through total war or suicide through total
depression.


Quote: One should waste as little effort as possible on improving areas of low competence. It takes far more energy and work to improve from incompetence to mediocrity than it takes to improve from first-rate performance to excellence. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

One should waste as little effort as possible on improving areas of low competence. It takes far more energy and work to improve from incompetence to mediocrity than it takes to improve from first-rate performance to excellence.


Quote: So much of what we call management consists in making it difficult for people to work. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

So much of what we call management consists in making it difficult for people to work.


Quote: Information is the manager's main tool, indeed the manager's capital, and it is he who must decide what information he needs and how to use it. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Information is the manager's main tool, indeed the manager's capital, and it is he who must decide what information he needs and how to use it.


Quote: Morale in an organization does not mean that people get along together; the test is performance not conformance. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Morale in an organization does not mean that people get along together; the test is performance not conformance.


Quote: The new always looks so puny-so unpromising-next to the reality of the massive, ongoing business. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The new always looks so puny-so unpromising-next to the reality of the massive, ongoing business.


Quote: Any organisation develops people; it either forms them or deforms them. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Any organisation develops people; it either forms them or deforms them.


Quote: The company is not and must never claim to be home, family, religion, life or fate for the individual. It must never interfere in his private life or his citizenship. He is tied to the company through a voluntary and cancellable employment contract, not through some mystical or indissoluble bond. by author Peter Drucker overlaid on photo of Peter Drucker quote: The company is not and must never claim to be home, family, religion, life or fate for the individual. It must never interfere in his private life or his citizenship. He is tied to the company through a voluntary and cancellable employment contract, not through some mystical or indissoluble bond.- black text on quotes background

The company is not and must never claim to be home, family, religion, life or fate for the individual. It must never interfere in his private life or his citizenship. He is tied to the company through a voluntary and cancellable employment contract, not through some mystical or indissoluble bond.


Quote: As a  manager you're paid to be uncomfortable. If you're comfortable, it's a sure  sign you're doing things wrong. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

As a manager you're paid to be uncomfortable. If you're comfortable, it's a sure sign you're doing things wrong.


Quote: Don't solve problems. Pursue opportunities. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Don't solve problems. Pursue opportunities.




Quote: Never underrate the boss! The boss may look illiterate. He may look stupid. But there is no risk at all in overrating a boss. If you underrate him he will bitterly resent it or impute to you the deficiency in brains and knowledge you imputed to him. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Never underrate the boss! The boss may look illiterate. He may look stupid. But there is no risk at all in overrating a boss. If you underrate him he will bitterly resent it or impute to you the deficiency in brains and knowledge you imputed to him.


Quote: The one to distrust is the person who never makes a mistake, never commits a blunder, never fails in what he tries to do. Either he is a phony, or he stays with the safe, the tried and the trivial. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The one to distrust is the person who never makes a mistake, never commits a blunder, never fails in what he tries to do. Either he is a phony, or he stays with the safe, the tried and the trivial.


Quote: Production is not the application of tools to materials, but logic to work. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Production is not the application of tools to materials, but logic to work.


Quote: To be a manager requires more than a title, a big office, and other outward symbols of rank. It requires competence and performance of a high order. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

To be a manager requires more than a title, a big office, and other outward symbols of rank. It requires competence and performance of a high order.


Quote: What the customer buys and considers value is never a product. It is always utility, that is, what a product or a service does for the customer. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

What the customer buys and considers value is never a product. It is always utility, that is, what a product or a service does for the customer.


Quote: The monomaniac is unlikely to succeed. Most leave only their bleached bones in the roadless desert. But the rest of us, with our multiple interests instead of a single mission, are certain to fail and have no impact at all. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The monomaniac is unlikely to succeed. Most leave only their bleached bones in the roadless desert. But the rest of us, with our multiple interests instead of a single mission, are certain to fail and have no impact at all.


Quote: Miracles are great, but they're so damn unpredictable. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Miracles are great, but they're so damn unpredictable.


Quote: You can either take action, or you can hang back and hope for a miracle. Miracles are great, but they are so unpredictable. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

You can either take action, or you can hang back and hope for a miracle. Miracles are great, but they are so unpredictable.


Quote: It is easier to raise the performance of one leader than it is to raise the performance of a whole mass. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

It is easier to raise the performance of one leader than it is to raise the performance of a whole mass.


Quote: The healthier a new venture and the faster it grows, the more financial feeding it requires. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The healthier a new venture and the faster it grows, the more financial feeding it requires.


Quote: The first step toward making the worker achieving is to make work productive. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The first step toward making the worker achieving is to make work productive.


Quote: Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society -- its worldview, its basic values, its social and political structures, its art, its key institutions -- rearranges itself. We are currently living through such a time. by author Peter Drucker overlaid on photo of Peter Drucker quote: Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society -- its worldview, its basic values, its social and political structures, its art, its key institutions -- rearranges itself. We are currently living through such a time.- black text on quotes background

Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society -- its worldview, its basic values, its social and political structures, its art, its key institutions -- rearranges itself. We are currently living through such a time.


Quote: During periods of discontinuous, abrupt change, the essence of adaptation involves a keen sensitivity to what should be abandoned -- not what should be changed or introduced. A willingness to depart from the familiar has distinct survival value. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

During periods of discontinuous, abrupt change, the essence of adaptation involves a keen sensitivity to what should be abandoned -- not what should be changed or introduced. A willingness to depart from the familiar has distinct survival value.


Quote: Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.


Quote: There is no perfect strategic decision. One always has to pay a price. One always has to balance conflicting objectives, conflicting opinions, and conflicting priorities. The best strategic decision is only an approximation -- and a risk. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

There is no perfect strategic decision. One always has to pay a price. One always has to balance conflicting objectives, conflicting opinions, and conflicting priorities. The best strategic decision is only an approximation -- and a risk.


Quote: No decision has been made unless carrying it out in specific steps has become someone's work assignment and responsibility. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

No decision has been made unless carrying it out in specific steps has become someone's work assignment and responsibility.


Quote: If something fails despite being carefully planned, carefully designed, and conscientiously executed, that failure often bespeaks underlying change and, with it, opportunity. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

If something fails despite being carefully planned, carefully designed, and conscientiously executed, that failure often bespeaks underlying change and, with it, opportunity.


Quote: The first organization structure in the modern West was laid down in the canon law of the Catholic Church eight hundred years ago. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The first organization structure in the modern West was laid down in the canon law of the Catholic Church eight hundred years ago.


Quote: In business school classrooms they construct wonderful models of a non- world. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

In business school classrooms they construct wonderful models of a non- world.


Quote: Unless the power of the corporation can be organized on an accepted principle of legitimacy, it will be taken over by a Central government. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Unless the power of the corporation can be organized on an accepted principle of legitimacy, it will be taken over by a Central government.




Quote: The really important things are said over cocktails and are never done. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The really important things are said over cocktails and are never done.


Quote: All earlier pluralist societies destroyed themselves because no one took care of the common good. They abounded in communities but could not sustain community, let alone create it. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

All earlier pluralist societies destroyed themselves because no one took care of the common good. They abounded in communities but could not sustain community, let alone create it.




Quote: And no matter how serious an environmental problem the automobile poses in today's big city, the horse was dirtier, smelled worse, killed and maimed more people, and congested the streets just as much. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

And no matter how serious an environmental problem the automobile poses in today's big city, the horse was dirtier, smelled worse, killed and maimed more people, and congested the streets just as much.


Quote: Luck never built a business. Prosperity and growth come only to the business that systematically finds and exploits its potential. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Luck never built a business. Prosperity and growth come only to the business that systematically finds and exploits its potential.


Quote: Look at government programs for the past fifty years. Every single one -- except warfare -- achieved the exact opposite of its announced goal. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Look at government programs for the past fifty years. Every single one -- except warfare -- achieved the exact opposite of its announced goal.


Quote: No matter how deeply wedded one may be to the free enterprise system (and I, for one, am wedded for life), one has to accept the need for positive government; one has to consider government action on a sizable scale as desirable rather than as a necessary evil. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

No matter how deeply wedded one may be to the free enterprise system (and I, for one, am wedded for life), one has to accept the need for positive government; one has to consider government action on a sizable scale as desirable rather than as a necessary evil.


Quote: A management decision is irresponsible if it risks disaster this year for the sake of a grandiose future. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

A management decision is irresponsible if it risks disaster this year for the sake of a grandiose future.


Quote: Effective innovations start small. They are not grandiose. They try to do one specific thing. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Effective innovations start small. They are not grandiose. They try to do one specific thing.


Quote: Objectives can be compared to a compass bearing by which a ship navigates. A compass bearing is firm, but in actual navigation, a ship may veer off its course for many miles. Without a compass bearing, a ship would neither find its port nor be able to estimate the time required to get there. by author Peter Drucker overlaid on photo of Peter Drucker quote: Objectives can be compared to a compass bearing by which a ship navigates. A compass bearing is firm, but in actual navigation, a ship may veer off its course for many miles. Without a compass bearing, a ship would neither find its port nor be able to estimate the time required to get there.- black text on quotes background

Objectives can be compared to a compass bearing by which a ship navigates. A compass bearing is firm, but in actual navigation, a ship may veer off its course for many miles. Without a compass bearing, a ship would neither find its port nor be able to estimate the time required to get there.


Quote: Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion.


Quote: The talk you hear about adapting to change is not only stupid, it's dangerous. The only way you can manage change is to create it. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The talk you hear about adapting to change is not only stupid, it's dangerous. The only way you can manage change is to create it.




Quote: The fewer data needed, the better the information. And an overload of information, that is, anything much beyond what is truly needed, leads to information blackout. It does not enrich, but impoverishes. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The fewer data needed, the better the information. And an overload of information, that is, anything much beyond what is truly needed, leads to information blackout. It does not enrich, but impoverishes.




Quote: There are just two questions to ask to attain success in business: First, What business am I in? Second, How's business? by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

There are just two questions to ask to attain success in business: First, What business am I in? Second, How's business?


Quote: To survive and succeed, every organization will have to turn itself into a change agent. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

To survive and succeed, every organization will have to turn itself into a change agent.




Quote: Meetings are by definition a concession to deficient organization. For one either meets or one works. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Meetings are by definition a concession to deficient organization. For one either meets or one works.


Quote: The 1st question the effective decision-maker asks is: 'Is this a generic situation or an exception?' by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The 1st question the effective decision-maker asks is: 'Is this a generic situation or an exception?'


Quote: Decision making is the specific executive task. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Decision making is the specific executive task.


Quote: Everything must degenerate into work if anything is to happen. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Everything must degenerate into work if anything is to happen.




Quote: With Christianity, freedom and equality became the two basic concepts of Europe; they are themselves Europe. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

With Christianity, freedom and equality became the two basic concepts of Europe; they are themselves Europe.


Quote: One of the great movements in my lifetime among educated people is the need to commit themselves to action. Most people are not satisfied with giving money; we also feel we need to work. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

One of the great movements in my lifetime among educated people is the need to commit themselves to action. Most people are not satisfied with giving money; we also feel we need to work.


Quote: Here I am, fifty-eight, and I still don't know what I'm going to be when I grow up. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Here I am, fifty-eight, and I still don't know what I'm going to be when I grow up.


Quote: The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss.


Quote: If general perception changes from seeing the glass as 'half-full' to seeing it as 'half empty' there are major innovative opportunities. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

If general perception changes from seeing the glass as 'half-full' to seeing it as 'half empty' there are major innovative opportunities.


Quote: Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.


Quote: Planning is actually incompatible with an entrepreneurial society and economy. Planning is the kiss of death of entrepreneurship. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Planning is actually incompatible with an entrepreneurial society and economy. Planning is the kiss of death of entrepreneurship.


Quote: Knowledge is being applied to knowledge itself. It is now fast becoming the one factor in production, sidelining both capital and labour. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Knowledge is being applied to knowledge itself. It is now fast becoming the one factor in production, sidelining both capital and labour.




Quote: The most important contribution management needs to make in the 21st century is ... to increase the productivity of knowledge work and the knowledge worker. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The most important contribution management needs to make in the 21st century is ... to increase the productivity of knowledge work and the knowledge worker.


Quote: The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether business or nonbusiness, will be its knowledge, workers, and their productivity. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether business or nonbusiness, will be its knowledge, workers, and their productivity.


Quote: Management must take the lead in making obsolete its own products and services rather than waiting for a competitor to do so. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Management must take the lead in making obsolete its own products and services rather than waiting for a competitor to do so.


Quote: What is the major problem? It is fundamentally the confusion between effectiveness and efficiency that stands between doing the right things and doing things right. There is surely nothing quite so useless as doing with great efficiency what should not be done at all. by author Peter Drucker overlaid on photo of Peter Drucker quote; white text on black background

What is the major problem? It is fundamentally the confusion between effectiveness and efficiency that stands between doing the right things and doing things right. There is surely nothing quite so useless as doing with great efficiency what should not be done at all.


Quote: The person who will make the greatest contribution to a company is the mature person-and you cannot have maturity if you have no life or interest outside the job. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The person who will make the greatest contribution to a company is the mature person-and you cannot have maturity if you have no life or interest outside the job.




Quote: Managers are agents of transformation, converting the workforce in developed countries from one of manual workers to one of highly educated knowledge workers. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Managers are agents of transformation, converting the workforce in developed countries from one of manual workers to one of highly educated knowledge workers.


Quote: More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject.


Quote: Profit for a company is like oxygen for a person. If you don't have enough of it, you're out of the game. But if you think your life is about breathing, you're really missing something. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Profit for a company is like oxygen for a person. If you don't have enough of it, you're out of the game. But if you think your life is about breathing, you're really missing something.


Quote: What's measured improves. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

What's measured improves.


Quote: Not to innovate is the single largest reason for the decline of existing organizations. Not to know how to manage is the single largest reason for the failure of new ventures. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Not to innovate is the single largest reason for the decline of existing organizations. Not to know how to manage is the single largest reason for the failure of new ventures.


Quote: They wrongly believe that good intentions move mountains. Bulldozers move mountains. But there are exceptions. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

They wrongly believe that good intentions move mountains. Bulldozers move mountains. But there are exceptions.


Quote: Conductors do not know how the oboe does its work, but they know what the oboe should contribute. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Conductors do not know how the oboe does its work, but they know what the oboe should contribute.




Quote: The individual is the central, rarest, most precious capital resource of our society. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The individual is the central, rarest, most precious capital resource of our society.


Quote: Adversarial power relationships only work if you never have to see or work with the bastards again. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Adversarial power relationships only work if you never have to see or work with the bastards again.


Quote: The concept of profit maximization is, in fact, meaningless. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The concept of profit maximization is, in fact, meaningless.


Quote: Value added is a meaningless concept for a retail business , for a bank, for a life insurance company, and for any other business which is not primarily engaged in manufacturing. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Value added is a meaningless concept for a retail business , for a bank, for a life insurance company, and for any other business which is not primarily engaged in manufacturing.


Quote: There are usually half a dozen right answers to what needs to be 
 done. Yet, unless a person makes the risky and controversial choice of only one, he will achieve nothing. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

There are usually half a dozen right answers to what needs to be
done. Yet, unless a person makes the risky and controversial choice of only one, he will achieve nothing.


Quote: Far too much reorganization goes on all the time. Organizitis is like a spastic colon. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Far too much reorganization goes on all the time. Organizitis is like a spastic colon.


Quote: There's an enormous number of managers who have retired on the job. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

There's an enormous number of managers who have retired on the job.


Quote: A fundamental responsibility of leadership is make sure that everybody knows the mission, understands it, lives it. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

A fundamental responsibility of leadership is make sure that everybody knows the mission, understands it, lives it.


Quote: There's nothing so useless than executing a task efficiently when it actually never should have been executed at all. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

There's nothing so useless than executing a task efficiently when it actually never should have been executed at all.


Quote: The single most important thing to remember about any enterprise is that there are no results inside its walls. The result of a business is a satisfied customer. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The single most important thing to remember about any enterprise is that there are no results inside its walls. The result of a business is a satisfied customer.

Longer Version/[Notes]:

The single most important thing to remember about any enterprise is that results exist only on the outside.The result of a business is a satisfied customer. The result of a hospital is a satisfied patient. The result of a school is a student who has learned something and puts it to work ten years later. Inside an enterprise there are only costs.


Quote: The basic economic resource -- the means of production -

is no longer capital, nor natural resources, nor labor.

It is and will be knowledge. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The basic economic resource -- the means of production -

is no longer capital, nor natural resources, nor labor.

It is and will be knowledge.


Quote: No society can function as a society, unless it gives the individual member social status and function, and unless the decisive social power is legitimate. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

No society can function as a society, unless it gives the individual member social status and function, and unless the decisive social power is legitimate.


Quote: If socialism is defined as ownership of the means of production -- and this is both the orthodox and the only rigorous definition -- then the United States is the first truly Socialist country. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

If socialism is defined as ownership of the means of production -- and this is both the orthodox and the only rigorous definition -- then the United States is the first truly Socialist country.


Quote: Cultivate a deep understanding of yourself -- not only what your strengths and weaknesses are but also how you learn, how you work with others, what your values are, and where you can make the greatest contribution. Because only when you operate from strengths can you achieve true excellence. by author Peter Drucker overlaid on photo of Peter Drucker quote: Cultivate a deep understanding of yourself -- not only what your strengths and weaknesses are but also how you learn, how you work with others, what your values are, and where you can make the greatest contribution. Because only when you operate from strengths can you achieve true excellence.- black text on quotes background

Cultivate a deep understanding of yourself -- not only what your strengths and weaknesses are but also how you learn, how you work with others, what your values are, and where you can make the greatest contribution. Because only when you operate from strengths can you achieve true excellence.


Quote: If a government commission had worked on the horse, you would have the first horse that could operate its knee joint in both directions. The trouble is it couldn't have stood up. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

If a government commission had worked on the horse, you would have the first horse that could operate its knee joint in both directions. The trouble is it couldn't have stood up.


Quote: The better a man is the more mistakes will he make -- for the more new things he will try. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The better a man is the more mistakes will he make -- for the more new things he will try.

Longer Version/[Notes]:

The better a man is, the more mistakes he will make, for the more new things he will try. I would never promote to a top-level job a man who was not making mistakes...otherwise he is sure to be mediocre.


Quote: Successful leaders don't start out asking, 'What do I want to do?' They ask, 'What needs to be done?' Then they ask, 'Of those things that would make a difference, which are right for me?' by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Successful leaders don't start out asking, 'What do I want to do?' They ask, 'What needs to be done?' Then they ask, 'Of those things that would make a difference, which are right for me?'


Quote: That the government's power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer-even though it is used only when a strike threatens
 the national health, welfare, or safety-is a grave blemish and explains much of union resistance to the Act. by author Peter Drucker overlaid on photo of Peter Drucker quote: That the government's power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer-even though it is used only when a strike threatens
 the national health, welfare, or safety-is a grave blemish and explains much of union resistance to the Act.- black text on quotes background

That the government's power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer-even though it is used only when a strike threatens
the national health, welfare, or safety-is a grave blemish and explains much of union resistance to the Act.


Quote: Mother Teresa's numerical results were not her greatest contribution. Instead, she made the world -- and especially India -- conscious of compassion. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Mother Teresa's numerical results were not her greatest contribution. Instead, she made the world -- and especially India -- conscious of compassion.


Quote: Teamwork is neither good nor desirable. It is a fact. Wherever people work together or play together they do so as a team. Which team to use for what purpose is a crucial, difficult and risky decision that is even harder to unmake. Managements have yet to learn how to make it. by author Peter Drucker overlaid on photo of Peter Drucker quote; white text on black background

Teamwork is neither good nor desirable. It is a fact. Wherever people work together or play together they do so as a team. Which team to use for what purpose is a crucial, difficult and risky decision that is even harder to unmake. Managements have yet to learn how to make it.


Quote: The problem in my life and other people's lives is not the absence of knowing what to do but the absence of doing it. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The problem in my life and other people's lives is not the absence of knowing what to do but the absence of doing it.


Quote: The productivity of people requires continuous learning, as the Japanese have taught us. It requires adoption in the West of the specific Japanese Zen concept where one learns to do better what one already does well. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The productivity of people requires continuous learning, as the Japanese have taught us. It requires adoption in the West of the specific Japanese Zen concept where one learns to do better what one already does well.


Quote: In the Western tradition, we have focused on teaching as a skill and forgotten what Socrates knew: teaching is a gift, learning is a skill. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

In the Western tradition, we have focused on teaching as a skill and forgotten what Socrates knew: teaching is a gift, learning is a skill.


Quote: Don't take on things you don't believe in and that you yourself are not good at. Learn to say no. Effective leaders match the objective needs of their company with the subjective competencies. As a result, they get an enormous amount of things done fast. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Don't take on things you don't believe in and that you yourself are not good at. Learn to say no. Effective leaders match the objective needs of their company with the subjective competencies. As a result, they get an enormous amount of things done fast.


Quote: Successful people know they need to get many things done-and done effectively. Therefore, they concentrate their time and energy on doing one thing at a time-and on doing first things firs. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Successful people know they need to get many things done-and done effectively. Therefore, they concentrate their time and energy on doing one thing at a time-and on doing first things firs.


Quote: Management and union may be likened to that serpent of the fables who on one body had two heads that fighting each other with poisoned fangs, killed themselves. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Management and union may be likened to that serpent of the fables who on one body had two heads that fighting each other with poisoned fangs, killed themselves.


Quote: The great challenge to management today is to make productive the tremendous new resource, the knowledge worker. This, rather than the productivity of the manual worker, is the key to economic growth and economic performance in today's society. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The great challenge to management today is to make productive the tremendous new resource, the knowledge worker. This, rather than the productivity of the manual worker, is the key to economic growth and economic performance in today's society.


Quote: The three most charismatic leaders in this century inflicted more suffering on the human race than almost any trio in history: Hitler, Stalin, and Mao. What matters is not the leader's charisma. What matters is the leader's mission. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The three most charismatic leaders in this century inflicted more suffering on the human race than almost any trio in history: Hitler, Stalin, and Mao. What matters is not the leader's charisma. What matters is the leader's mission.


Quote: Until we can manage time, we can manage nothing else. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Until we can manage time, we can manage nothing else.


Quote: Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.


Quote: Tomorrow everybody -- or practically everybody -- will have had the education of the upper class of yesterday, and will expect equivalent opportunities. That is why we face the problem of making every kind of job meaningful and capable of satisfying every educated man. by author Peter Drucker overlaid on photo of Peter Drucker quote; white text on black background

Tomorrow everybody -- or practically everybody -- will have had the education of the upper class of yesterday, and will expect equivalent opportunities. That is why we face the problem of making every kind of job meaningful and capable of satisfying every educated man.


Quote: What's absolutely unforgivable is the financial benefit top management people get for laying off people. There's no excuse for it. No justification. No explanation. This is morally and socially unforgivable, and we'll pay a very nasty price. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

What's absolutely unforgivable is the financial benefit top management people get for laying off people. There's no excuse for it. No justification. No explanation. This is morally and socially unforgivable, and we'll pay a very nasty price.


Quote: Too many leaders try to do a little bit of 25 things and get nothing done. They are very popular because they always say yes. But they get nothing done. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Too many leaders try to do a little bit of 25 things and get nothing done. They are very popular because they always say yes. But they get nothing done.


Quote: The subordinate's job is not to reform or reeducate the boss, not to make him conform to what the business schools or the management book say bosses should be like. It is to enable a particular boss to perform as a unique individual. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The subordinate's job is not to reform or reeducate the boss, not to make him conform to what the business schools or the management book say bosses should be like. It is to enable a particular boss to perform as a unique individual.


Quote: What you have to do and the way you have to do it is incredibly simple. Whether you are willing to do it is another matter. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

What you have to do and the way you have to do it is incredibly simple. Whether you are willing to do it is another matter.


Quote: The success and ultimately the survival of every business, large or small, depends in the last analysis on its ability to develop people. This ability is not measured by any of our conventional yardsticks of economic success; yet, is the final measurement. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

The success and ultimately the survival of every business, large or small, depends in the last analysis on its ability to develop people. This ability is not measured by any of our conventional yardsticks of economic success; yet, is the final measurement.


Quote: For the first four years, no new enterprise produces profits. Even Mozart didn't start writing music until he was four. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

For the first four years, no new enterprise produces profits. Even Mozart didn't start writing music until he was four.


Quote: Most Americans do not know what their strengths are. When you ask them, they look at you with a blank stare, or they respond in terms of subject knowledge, which is the wrong answer. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Most Americans do not know what their strengths are. When you ask them, they look at you with a blank stare, or they respond in terms of subject knowledge, which is the wrong answer.


Quote: All economic activity is by definition high risk. And defending yesterday -- that is, not innovating -- is far more risky than making tomorrow. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

All economic activity is by definition high risk. And defending yesterday -- that is, not innovating -- is far more risky than making tomorrow.


Quote: Use feedback analysis to identify your strengths. Then go to work on improving your strengths. Identify and eliminate bad habits that hinder the full development of your strengths. Figure out what you should do and do it. Finally, decide what you should not do. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Use feedback analysis to identify your strengths. Then go to work on improving your strengths. Identify and eliminate bad habits that hinder the full development of your strengths. Figure out what you should do and do it. Finally, decide what you should not do.


Quote: Executives do many things in addition to making decisions. But only executives make decisions. The first managerial skill is, therefore, the making of effective decisions. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Executives do many things in addition to making decisions. But only executives make decisions. The first managerial skill is, therefore, the making of effective decisions.


Quote: Nobody in the world is as good at making decisions as the Japanese. by author Peter Drucker overlaid on photo of photo of author Peter Drucker with quote

Nobody in the world is as good at making decisions as the Japanese.


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