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.
PETER DRUCKERIntelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.
More Peter Drucker Quotes
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A decision without an alternative is a desperate gambler’s throw.
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The purpose of business is to create and keep a customer.
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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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Until we can manage time, we can manage nothing else.
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Unless commitment is made, there are only promises and hopes; but no plans.
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No one learns as much about a subject as one who is forced to teach it.
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Efficiency is doing the thing right. Effectiveness is doing the right thing.
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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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One cannot hire a hand – the whole man always comes with it.
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Is this still worth doing? And if it isn’t, he gets rid of it so as to be able to concentrate on the few tasks that, if done with excellence, will really make a difference in the results of his own job and in the performance of his organization.
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Business has only two functions – marketing and innovation.
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Effectiveness must be learned.
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People who don’t take risks generally make about two big mistakes a year.
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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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Management is doing things right; leadership is doing the right things.
PETER DRUCKER