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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So much of what we call management consists in making it difficult for people to work.
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Innovation is the specific instrument of entrepreneurship the act that endows resources with a new capacity to create wealth.
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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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Like so many brilliant people, he believes that ideas move mountains. But bulldozers move mountains; ideas show where the bulldozers should go to work.
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There is surely nothing quite so useless as doing with great efficiency what should not be done at all.
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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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Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you.
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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.
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One cannot hire a hand – the whole man always comes with it.
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If you want something new, you have to stop doing something old.
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History has been written not by the most talented but by the most motivated.
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Results are obtained by exploiting opportunities, not by solving problems.
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A manager is responsible for the application and performance of knowledge.
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A decision without an alternative is a desperate gambler’s throw.
PETER DRUCKER