Peter Drucker Quotes
Top 100 wise famous quotes and sayings by Peter Drucker
Peter Drucker Famous Quotes & Sayings
Discover top inspirational quotes from Peter Drucker on Wise Famous Quotes.
The paradox of the prophet: his very success is his failure. The prophet whose time has come no longer shocks; he entertains.
Management must take the lead in making obsolete its own products and services rather than waiting for a competitor to do so.
Most people think they know what they are good at. They are usually wrong ... And yet, a person can perform only from strength.
What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous.
Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership.
It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity.
If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.
Mother Teresa's numerical results were not her greatest contribution. Instead, she made the world-and especially India-conscious of compassion.
A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.
Luck never built a business. Prosperity and growth come only to the business that systematically finds and exploits its potential.
The Pertinent Question is NOT how to do things right - but how to find the right things to do, and to concentrate resources and efforts on them.
Inside an organization there are only cost centers. The only profit center is a customer whose check has not bounced.
We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
Progress is obtained only by exploiting opportunities, not by solving problems. When you solve problems, all you do is guarantee a return to normalcy.
The task of leadership is to create an alignment of strengths so strong that it makes the system's weaknesses irrelevant.
If a manager spends more than 10 percent of his time on "human relations" the group is probably too large.
The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.
The successful person places more attention on doing the right thing rather than doing things right.
A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths.
The basic definition of the business and of its purpose and mission have to be translated into objectives.
You must accept that if the computer is a tool, it is the job of tool user to know what to use it for.
The relevant question is not simply what shall we do tomorrow, but rather what shall we do today in order to get ready for tomorrow.
Entrepreneurs believe that profit is what matters most in a new enterprise. But profit is secondary. Cash flow matters most.
Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.
A management decision is irresponsible if it risks disaster this year for the sake of a grandiose future.
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.
Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.
There is every indication that the period ahead will be an innovative one, one of rapid change in technology , society , economy , and institutions .
As a manager you're paid to be uncomfortable. If you're comfortable, it's a sure sign you're doing things wrong.
Schools will change more in the next 30 years than they have since the invention of the printed book.
Whenever anything is being accomplished, it is being done, I have learned, by a monomaniac with a mission.
Financial " synergy " is a will-o'-the-wisp.It looks good on paper, but it fails to work out in practice.
It does not matter whether the worker wants responsibility or not, The enterprise must demand it of him.
We've spent the last 30 years focusing on the T in IT, and we'll spend the next 30 years focusing on the I.
Institutions mistake good intentions for objectives. They say "health care"; that's an intention, not an objective.
Economists talk about profit motive, but nothing motivates modern man more than a chance to avoid taxes!
Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist and cannot yet be clearly defined.
The most probable assumption is that no currently working 'business theory' will be valid 10 years hence.
Work is an extension of personality. It is achievement. It is one of the ways in which a person defines himself, measures his worth, and his humanity.
Knowledge is power. In post-capitalism, power comes from transmitting information to make it productive, not hiding it.