This defines entrepreneur and entrepreneurship – the entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
PETER DRUCKERPlan, organize, integrate, motivate, and measure.
More Peter Drucker Quotes
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There is only one valid definition of business purpose: to create a customer.
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1. What is our mission? 2. Who is our customer? 3. What does the customer value? 4. What are our results? 5. What is our plan?
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Intelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.
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Meetings are by definition a concession to deficient organization For one either meets or one works. One cannot do both at the same time.
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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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The purpose of business is to create and keep a customer.
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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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A manager is responsible for the application and performance of knowledge.
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History has been written not by the most talented but by the most motivated.
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Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes.
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Effectiveness must be learned.
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The most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question.
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To be sure, the fundamental task of management remains the same: to make people capable of joint performance through common goals, common values, the right structure, and the training and development they need to perform and to respond to change.
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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
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Entrepreneurship is risky mainly because so few of the so-called entrepreneurs know what they are doing.
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