Entrepreneurship is risky mainly because so few of the so-called entrepreneurs know what they are doing.
PETER DRUCKERBusiness has only two functions – marketing and innovation.
More Peter Drucker Quotes
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If there is any one secret of effectiveness, it is concentration. Effective executives do first things first and they do one thing at a time.
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There is only one valid definition of business purpose: to create a customer.
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The computer is a moron.
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Effective executives know that their subordinates are paid to perform and not to please their superiors.
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Managing yourself requires taking responsibility for relationships.
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Whenever you see a successful business, someone once made a courageous decision.
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Until we can manage time, we can manage nothing else.
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A man should never be appointed to a managerial position if his vision focuses on people’s weaknesses rather than on their strengths. The man who always knows exactly what people cannot do, but never sees anything they can do, will undermine the spirit of his organization.
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Working on the right things is what makes knowledge work effective.
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The best way to predict your future is to create it.
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Management is about human beings. Its task is to make people capable of joint performance, to make their strengths effective and their weaknesses irrelevant.
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This defines entrepreneur and entrepreneurship – the entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
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People in any organization are always attached to the obsolete – the things that should have worked but did not, the things that once were productive and no longer are.
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The one man to distrust, however, is the man who never makes a mistake, never commits a blunder, never fails in what he tries to do. He is either a phony, or he stays with the safe, the tried, and the trivial.
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The less an organization has to do to produce results, the better it does its job.
PETER DRUCKER