Peter Drucker Quotes & Wallpapers

Peter Drucker
Total Quotes: 667

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

Marketing is not a function, it is the whole business seen from the customer's point of view. Peter Drucker

Knowledge applied is productivity. Peter Drucker

As with every phenomenon of the objective universe, the first step toward understanding work is to analyze it. Peter Drucker

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

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. Peter Drucker

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

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

We no longer even understand the question whether change is by itself good or bad. We start out with the axiom that it is the norm. We do not see change as altering the order. We see change as being order itself-indeed the only order we can comprehend today is a dynamic, a moving, a changing one. Peter Drucker

Brilliant men are often strikingly ineffectual. They fail to realize that the brilliant insight is not by itself achievement. They never have learned that insights become effectiveness only through hard systematic work. Peter Drucker

The manager who comes up with the right solution to the wrong problem is more dangerous than the manager who comes up with the wrong solution to the right problem. Peter Drucker

The single minded ones, the monomaniacs, are the only true achievers Peter Drucker

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

Change is the norm; unless an organization sees that its task is to lead change, that organization will not survive. Peter Drucker

True marketing starts...with the customer, his demographics, his realities, his needs, his values. It does not ask, "What do we want to sell?" It asks, "What does the customer want to buy?" Peter Drucker

What we are good at comes easy, and we believe that unless it comes hard, it can't be very good. Peter Drucker

We have tried to substitute mass for purpose. We have tried to regain military potency of defense by making it gigantic, unwieldy, complex. It never works. Peter Drucker

[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment. Peter Drucker

If you want to know what the future is, be part of its development. Peter Drucker

In the next economic downturn there will be an outbreak of bitterness and contempt for the supercorporate chieftains who pay themselves millions. In every major economic downturn in US history the villains have been the heroes during the preceding boom. Peter Drucker

The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy. Peter Drucker

One does not "manage" people. The task is to lead people. Peter Drucker

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

The best plan is only a plan... unless it degerates into work. Peter Drucker

I no longer think that learning how to manage people, especially subordinates, is the most important for executives to learn. I am teaching above all else, how to manage oneself. Peter Drucker

The world economy is not yet a community-not even an economic community...Yet the existence of the global shopping center is a fact that cannot be undone. The vision of an economy for all will not be forgotten again. Peter Drucker

This is a political book... It has a political purpose: to strengthen the will to maintain freedom against the threat of its abandonment in favor of totalitarianism. Peter Drucker

We do not need more laws. No country suffers from a shortage of laws. We need a new model. Peter Drucker

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

Institutions mistake good intentions for objectives. They say health care; that's an intention, not an objective. Peter Drucker

The most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question. Peter Drucker

Teaching is the only major occupation of man for which we have not yet developed tools that make an average person capable of competence and performance. In teaching we rely on the 'naturals,' the ones who somehow know how to teach. Peter 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 Drucker

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

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

Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth. Peter Drucker

Making good decisions is a crucial skill at every level. Peter Drucker

You cannot build performance on weaknesses. You can build only on strengths. Peter 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 Drucker

Understanding our strengths, articulating our values, knowing where we belong - these are also essential to addressing one of the great challenges of organizations: improving the abysmally low productivity of knowledge workers. Peter Drucker

The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product. Peter Drucker

Rank does not confer privilege or give power. It imposes responsibility. Peter Drucker

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

My greatest strength as a consultant is to be ignorant and ask a few questions. Peter Drucker

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

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. Peter Drucker

The true business of every company is to make and keep customers. Peter Drucker

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

The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be fast. Peter Drucker

To make knowledge productive, we will have to learn to see both forest and tree. We will have to learn to connect. Peter Drucker

To satisfy the customer is the mission and purpose of every business. Peter Drucker

In areas where they are simply incompetent, smart executives don't make decisions or take actions. They delegate. Peter Drucker

The large organization has to learn to innovate, or it won't survive. Peter Drucker

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

The aim of marketing is to make selling superfluous. Peter Drucker

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

Quality in a product or service is not what the supplier puts in. It is what the customer gets out and is willing to pay for. A product is not quality because it is hard to make and costs a lot of money, as manufacturers typically believe. This is incompetence. Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality. Peter Drucker

A business exists because the consumer is willing to pay you his money. You run a business to satisfy the consumer. That isn't marketing. That goes way beyond marketing. Peter Drucker

The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the MANUAL WORKER in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of KNOWLEDGE WORK and the KNOWLEDGE WORKER. Peter Drucker

You can't manage knowledge.Knowledge is between two ears and only between two ears. Peter Drucker

Many studies of research scientists have shown that achievement (at least below the genius level of an Einstein, Bohr, or a Planck) depends less on ability in doing research than on the courage to go after opportunity. Peter Drucker

Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework. Peter Drucker

No one has ever failed to find the facts they are looking for. Peter Drucker

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. Peter Drucker

One either meets or one works. Peter Drucker

Trees die from the top". No one should ever become a strategist unless he or she is willing to have his or her character serve as a model for subordinates Peter Drucker

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

One cannot manage change. One can only be ahead of it. Peter Drucker

The computer, being a mechanical moron, can handle only quantifiable data. Peter Drucker

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

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