Peter Drucker Quotes & Wallpapers

Peter Drucker
Total Quotes: 667


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
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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
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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
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You can't manage knowledge.Knowledge is between two ears and only between two ears. Peter Drucker
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The computer, being a mechanical moron, can handle only quantifiable data. Peter Drucker
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Our job in life is to make a positive difference, not prove we're right. Peter Drucker
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In the modern corporation the decisive power, that of the managers , is derived from no one but the managers themselves controlled by nobody and nothing and responsible to no one. It is in the most literal sense unfounded, unjustified, uncontrolled and irresponsible power. Peter Drucker
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The arts alone give direct access to experience. To eliminate them from education - or worse, to tolerate them as cultural ornaments - is antieducational obscurantism. It is foisted on us by the pedants and snobs of Hellenistic Greece who considered artistic performance fit only for slaves... Peter Drucker
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The fault is in the system and not in the men. Peter Drucker
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There is a point of complexity beyond which a business is no longer manageable. Peter Drucker
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The world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other. Peter Drucker
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The tool user, provided the tool is made well, need not, and indeed should not, know anything about the tool. Peter Drucker
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Once a year ask the boss, "What do I or my people do that helps you to do your job?" and "What do I or my people do that hampers you? Peter Drucker
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The individual needs the return to spiritual values, for he can survive in the present human situation only by reaffirming that man is not just a biological and psychological being but also a spiritual being, that is creature, and existing for the purposes of his Creator and subject to Him. Peter Drucker
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All economic activity is by definition "high risk." And defending yesterday-that is, not innovating-is far more risky than making tomorrow. Peter Drucker
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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. Peter Drucker
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One does not start with facts. One starts with opinions. Peter Drucker
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What managers decide to stop doing is often more important than what they decide to do. Peter Drucker
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Marketing and innovation make money. Everything else is a cost. Peter Drucker
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Working with people is difficult, but not impossible. Peter Drucker
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Business enterprise is an organ of society. There is only one valid definition of business purpose: to create a customer. Peter Drucker
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People alone of all the resources can grow and develop. Peter Drucker
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There is one qualification the manager cannot acquire but must bring to the task. It is not genius; it is character. Peter Drucker
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Tomorrow always arrives. It is always different. And even the mightiest company is in trouble if it has not worked on the future. Being surprised by what happens is a risk that even the largest and richest company cannot afford, and even the smallest business need not run. Peter Drucker
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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. Peter Drucker
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Adversarial power relationships only work if you never have to see or work with the bastards again. Peter Drucker
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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. Peter Drucker
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All good strategy eventually degenerates into work. Peter Drucker
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Luck never built a business. Prosperity and growth come only to the business that systematically finds and exploits its potential. Peter Drucker
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I'm better about things than about people. I'm more interested in people, but I'm better at ideas. Peter Drucker
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Trust is congruence between what you say and what you do. Peter Drucker
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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. Peter Drucker
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The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let the successor run the company. Peter Drucker
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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
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Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework. Peter Drucker
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Keep the boss aware. Bosses, after all, are held responsible by their own bosses for the performance of their subordinates. They must be able to say: I know what Anne is trying to do. Peter Drucker
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The arts alone give direct access to experience. To eliminate them from education-or worse, to tolerate them as cultural ornaments-is antieducational obscurantism. It is foisted on us by the pedants and snobs of Hellenistic Greece who considered artistic performance fit only for slaves... Peter Drucker
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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. Peter Drucker
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There is only one valid definition of a business purpose: to create a customer. Peter Drucker
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The fundamental reality for every worker, from sweeper to executive vice-president, is the eight hours or so that he spends on the job. In our society of organizations, it is the job through which the great majority has access to achievement, to fulfillment, and to community. Peter Drucker
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For if this country... were to make its defense program a function of its domestic employment situation, it would become impossible to conduct a constructive and well-thought out foreign policy or to develop any lasting collaboration. Peter Drucker
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The purpose of an organization is to enable common men to do uncommon things. Peter Drucker
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Communication is always propaganda. The emitter always wants to get something across. Peter Drucker
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To satisfy the customer is the mission and purpose of every business. Peter Drucker
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The large organization has to learn to innovate, or it won't survive. Peter Drucker
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They wrongly believe that good intentions move mountains. Bulldozers move mountains. But there are exceptions. Peter Drucker
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Success always obsoletes the very behavior that achieved it. Peter Drucker
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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. Peter Drucker
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The organization is, above all, social. It is people. Peter Drucker
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Whenever you see a successful business, someone once made a courageous decision. Peter Drucker
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Most of what you hear about entrepreneurshi p is all wrong. It's not magic; it's not mysterious; and it has nothing to do with genes. It's a discipline and, like any discipline, it can be learned. Peter Drucker
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Knowledge is information that changes something or somebody - either by becoming grounds for actions, or by making an individual (or an institution) capable of different or more effective action. Peter Drucker
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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. Peter Drucker
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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. Peter Drucker
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Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted this unique, irreplaceable, and necessary resource. Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time. Peter Drucker
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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. Peter Drucker
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What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous. Peter Drucker
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The really important things are said over cocktails and are never done. Peter Drucker
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There's an enormous number of managers who have retired on the job. Peter Drucker
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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 Drucker
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Schools will change more in the next 30 years than they have since the invention of the printed book. Peter Drucker
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Innovation opportunities do not come with the tempest but with the rustling of the breeze. Peter Drucker
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(Waste = Loss): 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 Peter Drucker
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Strategic planning is the continuous process of making present entrepreneurial (risk-taking) decisions systematically and with the greatest knowledge of their futurity; organizing systematically the efforts needed to carry out these decisions; and measuring the results of these decisions against the expectations through organized, systematic feedback. Peter Drucker
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The first step toward making the worker achieving is to make work productive. Peter Drucker
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Our society has become an employee society. Peter Drucker
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Yet there is nothing more dangerous than to be premature in exploiting a change in perception. Peter Drucker
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The entrepreneur always searches for change, responds to it, and exploits it as an opportunity. Peter Drucker
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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 Drucker
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Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got. Peter Drucker
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