Business has only two functions – marketing and innovation.
PETER DRUCKERA well-managed factory is boring. Nothing exciting happens in it because the crises have been anticipated and have been converted into routine.
More Peter Drucker Quotes
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One cannot hire a hand – the whole man always comes with it.
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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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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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So much of what we call management consists in making it difficult for people to work.
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Until we can manage time, we can manage nothing else.
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No one learns as much about a subject as one who is forced to teach it.
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Whenever you see a successful business, someone once made a courageous decision.
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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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This defines entrepreneur and entrepreneurship – the entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
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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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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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A well-managed factory is boring. Nothing exciting happens in it because the crises have been anticipated and have been converted into routine.
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There is only one valid definition of business purpose: to create a customer.
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Intelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.
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Unless commitment is made, there are only promises and hopes; but no plans.
PETER DRUCKER