Working on the right things is what makes knowledge work effective.
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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It takes far more energy and work to improve from incompetence to mediocrity than it takes to improve from first-rate performance to excellence.
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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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People who don’t take risks generally make about two big mistakes a year.
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The less an organization has to do to produce results, the better it does its job.
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Business has only two functions – marketing and innovation.
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The purpose of business is to create and keep a customer.
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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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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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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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The computer is a moron.
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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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Effectiveness must be learned.
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Success in the knowledge economy comes to those who know themselves – their strengths, their values, and how they best perform.
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Intelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.
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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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Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.
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The problem in my life and other people’s lives is not the absence of knowing what to do but the absence of doing it.
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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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Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes.
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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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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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There is nothing quite so useless, as doing with great efficiency, something that should not be done at all.
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There is only one valid definition of business purpose: to create a customer.
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Entrepreneurship is neither a science nor an art. It is a practice.
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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.
PETER DRUCKER