Peter Drucker Quotes & Wallpapers

Peter Drucker
Total Quotes: 667


Knowledge has to be improved, challenged, and increased constantly, or it vanishes. Peter Drucker
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Management by objective works - if you know the objectives. Ninety percent of the time you don't. Peter Drucker
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The productivity of work is not the responsibility of the worker but of the manager. Peter Drucker
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A manager is responsible for the application and performance of knowledge. Peter Drucker
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Society, community, family are all conserving institutions. They try to maintain stability, and to prevent, or at least to slow down, change. But the organization of the post-capitalist society of organizations is a destabilizer. Because its function is to put knowledge to work - on tools, processes, and products; on work; on knowledge itself - it must be organized for constant change. Peter Drucker
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Most leaders don't need to learn what to do. They need to learn what to stop. Peter Drucker
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For the first four years, no new enterprise produces profits. Even Mozart didn't start writing music until he was four. Peter Drucker
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Leadership is all about getting results. Peter Drucker
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Listening (the first competence of leadership) is not a skill, it is a discipline. All you have to do is keep your mouth shut. Peter Drucker
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Defending yesterday is far more risky than making tomorrow. Peter Drucker
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If the feudal knight was the clearest embodiment of society in the early Middle Ages, and the bourgeois under Capitalism, the educated person will represent society in the post-capitalist society in which knowledge has become the central resource. Peter Drucker
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Fascism is the result of the collapse of Europe's spiritual and social order....catastrophes broke through the everyday routine which makes men accept existing forms, institutions and tenets as unalterable natural laws. They suddenly exposed the vacuum behind the facade of society. Peter Drucker
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A tool is not necessarily better because it is bigger. A tool is best if it does the job required with a minimum of effort, with a minimum of complexity, and with a minimum of power. Peter Drucker
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Above all, innovation is not invention. It is a term of economics rather than of technology. Peter Drucker
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If something fails despite being carefully planned, carefully designed, and conscientiously executed, that failure often bespeaks underlying change and, with it, opportunity. Peter Drucker
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If you're not living life on the edge, you're taking up too much space. The best way to predict the future is to create it. Peter Drucker
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Management must take the lead in making obsolete its own products and services rather than waiting for a competitor to do so. Peter Drucker
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Free enterprise cannot be justified as being good for business. It can be justified only as being good for society. Peter Drucker
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Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership. Peter Drucker
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There is the risk you cannot afford to take, and there is the risk you cannot afford not to take. Peter Drucker
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If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever. Peter Drucker
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No executive has ever suffered because his subordinates were strong and effective. Peter Drucker
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Everybody has accepted by now that change is unavoidable. But that still implies that change is like death and taxes - it should be postponed as long as possible and no change would be vastly preferable. But in a period of upheaval, such as the one we are living in, change is the norm. Peter Drucker
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The greatest danger in times of turbulence is not the turbulence; it is to act with yesterday's logic. Peter Drucker
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One cannot hire a hand; the whole man always comes with it. Peter Drucker
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Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage. Peter Drucker
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Leadership is defined by results not attributes. Peter Drucker
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People learn the most when teaching others. Peter Drucker
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Plans are worthless, but planning is invaluable. Peter Drucker
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A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths. Peter Drucker
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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. Peter Drucker
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Entrepreneurship rests on a theory of economy and society. The theory sees change as normal and indeed as healthy. And it sees the major task in society - and especially in the economy - as doing something different rather than doing better what is already being done. That is basically what Say, two hundred years ago, meant when he coined the term entrepreneur. It was intended as a manifesto and as a declaration of dissent: the entrepreneur upsets and disorganizes. As Joseph Schumpeter formulated it, his task is "creative destruction. Peter Drucker
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If there is any one secret of effectiveness, it is concentration. Effective executives do first things first and they do one thing at a time. Peter Drucker
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As to the idea that advertising motivates people, remember the Edsel. Peter Drucker
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Every organization has to prepare for the abandonment of everything it does. Peter Drucker
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Everything must degenerate into work if anything is to happen. Peter Drucker
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Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - accounting and what have you - but you can't teach them management. Peter Drucker
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The most important decisions in organizations are people decisions, and yet only the military, and only recently, has begun to ask, "If we assign this general to lead this base, what do we expect him to accomplish?" Peter Drucker
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There is nothing worse than doing the wrong thing well. Peter Drucker
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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. Peter Drucker
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In areas where they are simply incompetent, smart executives do' make decisions or take actions. They delegate. Peter Drucker
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Few relationships are as critical to the business enterprise itself as the relationship to government. The manager has responsibility for this relationship as part of his responsibility to the enterprise itself. To a large extent the relationship to government results from what businesses do or fail to do. Peter Drucker
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Most of what we call management consists of making it difficult for people to get their work done. Peter Drucker
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Business, that's easily defined - it's other people's money. Peter Drucker
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Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information. Peter Drucker
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Systematic change requires a willingness to look on change as an opportunity. Peter Drucker
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The basic economic resource - the means of production - is no longer capital, nor natural resources, nor labor. It is and will be knowledge. Peter Drucker
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There are no creeds in mathematics. Peter Drucker
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Almost everybody today believes that nothing in economic history has ever moved as fast as, or had a greater impact than, the Information Revolution. But the Industrial Revolution moved at least as fast in the same time span, and had probably an equal impact if not a greater one. Peter Drucker
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Do first things first, and second things not at all. Peter Drucker
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Businesses once grew by one of two ways; grass roots up, or by acquisition... Today businesses grow through alliances - all kinds of dangerous alliances. Joint ventures and customer partnerings which, by the way, very few people understand. Peter Drucker
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Efficiency, which is doing things right, is irrelevant until you work on the right things. Peter Drucker
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Long range planning does not deal with future decisions, but with the future of present decisions. Peter Drucker
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Every three or four years I pick a new subject. It may be Japanese art; it may be economics. Three years of study are by no means enough to master a subject but they are enough to understand it. SO for more than 60 years I have kept studying one subject at a time. Peter Drucker
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In book subjects a student can only do a student's work. All that can be measured is how well he learns, rather than how well he performs. All he can show is promise. Peter Drucker
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Decisions exist only in the present. Peter Drucker
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Financial " synergy " is a will-o'-the-wisp.It looks good on paper, but it fails to work out in practice. Peter Drucker
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Although he reputedly hated the label of 'guru', Peter Drucker was, by any standards, the greatest management guru the world has yet seen. In 1996, the McKinsey Quarterly journal described him as the 'the one guru to whom other gurus kowtow' and Robert Heller described him as 'the greatest man in the history of management', praise indeed for a man who described himself as 'just an old journalist'. Peter Drucker
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There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere... In every case the opposition could only be overcome - peacefully or by force - because of the promise of capitalism to establish equality... That this promise was an illusion we all know. Peter Drucker
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A success that has outlived its usefulness may, in the end, be more damaging than failure. Peter Drucker
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One reason for the tremendous increase in health-care costs in the U.S. is managerial neglect of the "hotel services" by the people who dominate the hospital, such as doctors and nurses. Peter Drucker
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When Henry Ford said, "The customer can have a car in any color as long as it's black," he was not joking. Peter Drucker
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In the knowledge economy everyone is a volunteer, but we have trained our managers to manage conscripts. Peter Drucker
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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. Peter Drucker
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Vision without execution is delusion. The joy is in the results Peter Drucker
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The only definition of a leader is someone who has followers. Peter Drucker
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Success? Odd as it seems, you will achieve the greates results in business and career if you drop the word 'achievement' from your vocabulary and replace it with 'contribution'. Peter Drucker
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Progress is obtained only by exploiting opportunities, not by solving problems. When you solve problems, all you do is guarantee a return to normalcy. Peter Drucker
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To survive and succeed, every organization will have to turn itself into a change agent Peter Drucker
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We spend a lot of time teaching leaders what to do. We don't spend enough time teaching leaders what to stop. Half the leaders I have met don't need to learn what to do. They need to learn what to stop Peter Drucker
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