Peter F. Drucker

Quotes

• “And it is change that always provides the opportunity for the new and different. Systematic innovation therefore consist...”
• “To be sure, the fundamental task of management remains the same: to make people capable of joint performance through com...”
• “The companies that refused to make hard choices, or refused to admit that anything much was happening, fared badly. If t...”
• “People in any organization are always attached to the obsolete - the things that should have worked but did not, the thi...”
• “Work is a process, and any process needs to be controlled. To make work productive, therefore, requires building the app...”
• “This defines entrepreneur and entrepreneurship - the entrepreneur always searches for change, responds to it, and exploi...”
• “People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about ...”
• “Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of ...”
• “Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the b...”
• “Innovation is the specific instrument of entrepreneurship...the act that endows resources with a new capacity to create ...”
• “Success in the knowledge economy comes to those who know themselves - their strengths, their values, and how they best p...”
• “There is nothing so useless as doing efficiently that which should not be done at all.”
• “Whenever you see a successful business, someone once made a courageous decision.”
• “There is only one valid definition of business purpose: to create a customer.”
• “Efficiency is doing the thing right. Effectiveness is doing the right thing.”
• “Unless commitment is made, there are only promises and hopes; but no plans.”
• “Rank does not confer privilege or give power. It imposes responsibility.”
• “No one learns as much about a subject as one who is forced to teach it.”
• “The really important things are said over cocktails and are never done.”
• “There are an enormous number of managers who have retired on the job.”
• “Entrepreneurship is neither a science nor an art. It is a practice.”
• “If you want something new, you have to stop doing something old”
• “The purpose of business is to create and keep a customer.”
• “Until we can manage time, we can manage nothing else.”
• “Strategy is a commodity, execution is an art.”
• “What's measured improves”