Rank does not confer privilege or give power. It imposes responsibilty.
– Peter F. Drucker
Wherever you see a successful business, someone once made a courageous decision.
– Peter F. Drucker
The best way to predict the future is to create it.
– Peter F. Drucker
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.
– Peter F. Drucker
No one learns as much about a subject as one who is forced to teach it.
– Peter F. Drucker
Results are obtained by exploiting opportunities, not by solving problems.
– Peter F. Drucker
Efficiency is doing the thing right. Effectiveness is doing the right thing.
– Peter F. Drucker
Effective leadership is not about making speeches or being liked; leadership is defined by
results not attributes.
– Peter F. Drucker
The purpose of business is to create and keep a customer.
– Peter F. Drucker
Management is doing things right; leadership is doing the right things.
– Peter F. Drucker
It is more productive to convert an opportunity into results than to solve a problem – which
only restores the equilibrium of yesterday.
– Peter F. Drucker
Time is the scarcest resource and unless it is managed nothing else can be managed.
– Peter F. Drucker
No institution can possibly survive if it needs geniuses or supermen to manage it. It must be
organized in such a way as to be able to get along under a leadership composed of average
human beings.
– Peter F. Drucker
Unless commitment is made, there are only promises and hopes – but no plans.
– Peter F. Drucker
Management by objective works – if you know the objectives. Ninety percent of the time you
don’t.
– Peter F. Drucker
My greatest strength as a consultant is to be ignorant and ask a few questions.
– Peter F. Drucker
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. Drucker
Quality in a service or product is not what you put into it. It is what the client or customer
gets out of it.
– Peter F. Drucker
Making good decisions is a crucial skill at every level.
– Peter F. Drucker
Social responsibility objectives need to be built into the strategy of a business, rather than
merely be statements of good intentions.
– Peter F. Drucker
Strategy is a commodity, execution is an art.
– Peter F. Drucker
Innovation is the specific instrument of entrepreneurship. The act that endows resources with
a new capacity to create wealth.
– Peter F. Drucker
The knowledge that we consider knowledge proves itself in action. What we now mean by
knowledge is information in action, information focused on results.
– Peter F. Drucker
If you want something new, you have to stop doing something old.
– Peter F. Drucker
People in any organization are always attached to the obsolete – the things that should have
worked but did not, the things that once were productive and no longer are.
– Peter F. Drucker
There is nothing quite so useless, as doing with great efficiency, something that should not
be done at all.
– Peter F. Drucker
The first responsibility of business is to make enough profit to cover the costs for the future.
If this social responsibility is not met, no other social responsibility can be met.
– Peter F. Drucker
We now accept the fact that learning is a lifelong process of keeping abreast of change. And
the most pressing task is to teach people how to learn.
– Peter F. Drucker
Most of what we call management consists of making it difficult for people to get their work
done.
– Peter F. Drucker
The most important thing in communication is to hear what isn’t being said.
– Peter F. Drucker
Checking the results of a decision against its expectations shows executives what their
strengths are.
– Peter F. Drucker
Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
– Peter F. Drucker
To make knowledge productive, we will have to learn to see both forest and tree. We will have
to learn to connect.
– Peter F. Drucker
Follow effective action with quiet reflection. From the quiet reflection will come even more
effective action.
– Peter F. Drucker
If a government commission had worked on the horse, you would have had the first horse that
could operate its knee joint in both directions. The only trouble is it couldn’t have stood up.
– Peter F. Drucker