The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
PETER DRUCKEREfficiency is doing the thing right. Effectiveness is doing the right thing.
More Peter Drucker Quotes
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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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Entrepreneurship is risky mainly because so few of the so-called entrepreneurs know what they are doing.
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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 decision without an alternative is a desperate gambler’s throw.
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The first rule in decision-making is that one does not make a decision unless there is disagreement.
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The best way to predict your future is to create it.
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Managing yourself requires taking responsibility for relationships.
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There is no such thing as a good man. Good for what? is the question.
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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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So much of what we call management consists in making it difficult for people to work.
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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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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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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 computer is a moron.
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It is more productive to convert an opportunity into results than to solve a problem – which only restores the equilibrium of yesterday.
PETER DRUCKER