Quotes By Peter Drucker

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

Time is the scarcest resource and unless it is managed nothing else can be managed.

The computer is a moron.

The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.

Efficiency is doing things right; effectiveness is doing the right things.

The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.

Making good decisions is a crucial skill at every level.

Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.

The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.

Accept the fact that we have to treat almost anybody as a volunteer.

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

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.

Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.

Business, that's easily defined - it's other people's money.

When a subject becomes totally obsolete we make it a required course.

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.

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.

Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.

Management by objective works - if you know the objectives. Ninety percent of the time you don't.

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.

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.

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.

The best way to predict the future is to create it.

The only thing we know about the future is that it will be different.

Most of what we call management consists of making it difficult for people to get their work done.

Today knowledge has power. It controls access to opportunity and advancement.

Never mind your happiness; do your duty.

There is nothing so useless as doing efficiently that which should not be done at all.

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

A manager is responsible for the application and performance of knowledge.