When a subject becomes totally obsolete we make it a required course.
PETER DRUCKERUnless commitment is made, there are only promises and hopes; but no plans.
More Peter Drucker Quotes
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Entrepreneurship is neither a science nor an art. It is a practice.
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One cannot hire a hand – the whole man always comes with it.
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Plans are only good intentions unless they immediately degenerate into hard work.
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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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Intelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.
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A person can perform only from strength. One cannot build performance on weakness, let alone on something one cannot do at all.
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Results are obtained by exploiting opportunities, not by solving problems.
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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
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A decision without an alternative is a desperate gambler’s throw.
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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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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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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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People who don’t take risks generally make about two big mistakes a year.
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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?
PETER DRUCKER






