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Peter Drucker [1909-2005] American

Rank: 4
Businessman, Educator

Peter Ferdinand Drucker was an Austrian-born American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation.

Business, Knowledge, Leadership, Work, Computers, Future, Power, Change, Best, Communication, Education, Good, Happiness, Learning, Money, Strength, Teacher, Technology, Time, Trust

Quote	Tags	Rank
The best way to predict the future is to create it.	Best, Future	101
Management is doing things right; leadership is doing the right things.	Leadership	102
The most important thing in communication is hearing what isn't said.	Communication	103
The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.		104
Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.		105
The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.	Business, Change	106
Today knowledge has power. It controls access to opportunity and advancement.	Knowledge, Power	107
There is nothing so useless as doing efficiently that which should not be done at all.		108
Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes.	Leadership	109
The only thing we know about the future is that it will be different.	Future	110
Most of what we call management consists of making it difficult for people to get their work done.	Business, Work	111
When a subject becomes totally obsolete we make it a required course.	Education	112
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.	Teacher	113
Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.		114
Time is the scarcest resource and unless it is managed nothing else can be managed.	Business, Time	115
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.	Leadership	116
Plans are only good intentions unless they immediately degenerate into hard work.	Good, Work	117
Rank does not confer privilege or give power. It imposes responsibility.	Business, Power	118
Efficiency is doing things right; effectiveness is doing the right things.		119
My greatest strength as a consultant is to be ignorant and ask a few questions.	Strength	120
Knowledge has to be improved, challenged, and increased constantly, or it vanishes.	Knowledge	121
The productivity of work is not the responsibility of the worker but of the manager.	Work	122
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.	Change, Learning	123
The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.	Computers, Technology	124
Business, that's easily defined - it's other people's money.	Business, Money	125
Never mind your happiness; do your duty.	Happiness	126
Unless commitment is made, there are only promises and hopes... but no plans.		201
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.	Future	202
Few companies that installed computers to reduce the employment of clerks have realized their expectations... They now need more, and more expensive clerks even though they call them 'operators' or 'programmers.'	Computers	203
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.	Knowledge	204
Making good decisions is a crucial skill at every level.	Leadership	205
Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.	Power, Trust	206
Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.		207
We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.		208
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.	Business	209
Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.		210
Accept the fact that we have to treat almost anybody as a volunteer.		211
So much of what we call management consists in making it difficult for people to work.		212
The purpose of a business is to create a customer.		213
The computer is a moron.	Computers	214
Management by objective works - if you know the objectives. Ninety percent of the time you don't.		215
A manager is responsible for the application and performance of knowledge.	Knowledge, Work	216
Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake.		217
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.		218

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