Peter Drucker Quotes & Wallpapers

Peter Drucker
Total Quotes: 667


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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The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself. Peter Drucker
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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action. Peter Drucker
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Here I am, fifty-eight, and I still don't know what I'm going to be when I grow up. Peter Drucker
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Meetings are a symptom of bad organization. The fewer meetings the better. Peter Drucker
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The true business of every company is to make and keep customers. Peter Drucker
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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
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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
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To make knowledge productive, we will have to learn to see both forest and tree. We will have to learn to connect. Peter Drucker
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Economists think the poor need them to tell them that they are poor. 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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The aim of marketing is to make selling superfluous. Peter Drucker
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Great wisdom not applied to action and behavior is meaningless data. Peter Drucker
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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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Strategy is a commodity, execution is an art. Peter Drucker
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No one has ever failed to find the facts they are looking for. Peter Drucker
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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
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One either meets or one works. Peter Drucker
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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
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Production is not the application of tools to materials, but logic to work. Peter Drucker
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One cannot manage change. One can only be ahead of it. Peter Drucker
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In areas where they are simply incompetent, smart executives don't make decisions or take actions. They delegate. 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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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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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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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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Political freedom is neither easy nor automatic, neither pleasant nor secure. It is the responsibility of the individual for the decisions of society as if they were his own decisions-as in moral truth and accountability they are. Peter Drucker
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We will have to learn to lead people rather then to contain them. Peter Drucker
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It does not matter whether the worker wants responsibility or not, The enterprise must demand it of him. 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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More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject. Peter Drucker
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The only skill that will be important in the 21st century is the skill of learning new skills.Everythi ng else will become obsolete over time. 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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Nobody in the world is as good at making decisions as the Japanese. Peter Drucker
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The three most charismatic leaders in this century inflicted more suffering on the human race than almost any trio in history: Hitler, Stalin, and Mao. What matters is not the leader's charisma. What matters is the leader's mission. Peter Drucker
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...all earlier pluralist societies destroyed themselves because no one took care of the common good. They abounded in communities but could not sustain community, let alone create it. Peter Drucker
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For the social ecologist language is not communication. It is not just message. It is substance. It is the cement that holds humanity together. It creates community and communication....Social ecologists need not be great writers; but they have to be respectful writers, caring writers. Peter Drucker
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That knowledge has become the resource, rather than a resource, is what makes our society post-capitalist. Peter Drucker
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A manager's task is to make the strengths of people effective and their weakness irrelevant-and that applies fully as much to the manager's boss as it applies to the manager's subordinates. Peter Drucker
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If socialism is defined as ownership of the means of production-and this is both the orthodox and the only rigorous definition-then the United States is the first truly Socialist country. Peter Drucker
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Unless the power of the corporation can be organized on an accepted principle of legitimacy, it will...be taken over by a Central government... Peter Drucker
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Loafing is easy, but leisure is difficult. Peter Drucker
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There are an enormous number of managers who have retired on the job. Peter Drucker
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In business school classrooms they construct wonderful models of a non-world. Peter Drucker
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If a manager spends more than 10 percent of his time on human relations the group is probably too large. Peter Drucker
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Don't solve problems. Pursue opportunities. Peter Drucker
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The purpose of information is not knowledge. It is being able to take the right action. Peter Drucker
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People are effective because they say 'no,' because they say, 'this isn't for me.' Peter Drucker
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The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it. Peter Drucker
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One has to make a decision when a condition is likely to degenerate if nothing is done. Peter Drucker
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