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 DRUCKERIntelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.
More Peter Drucker Quotes
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The purpose of business is to create and keep a customer.
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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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Plan, organize, integrate, motivate, and measure.
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A manager is responsible for the application and performance of knowledge.
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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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The first rule in decision-making is that one does not make a decision unless there is disagreement.
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Whenever you see a successful business, someone once made a courageous decision.
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The computer is a moron.
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Rank does not confer privilege or give power. It imposes responsibility.
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Effective executives know that their subordinates are paid to perform and not to please their superiors.
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If you want something new, you have to stop doing something old.
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The most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question.
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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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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
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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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A decision without an alternative is a desperate gambler’s throw.
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Intelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.
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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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By themselves, character and integrity do not accomplish anything. But their absence faults everything else. Here, therefore, is the one area where weakness is a disqualification by itself rather than a limitation on performance capacity and strength.
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The most important thing in communication is to hear what isn’t being said.
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Unless commitment is made, there are only promises and hopes; but no plans.
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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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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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History has been written not by the most talented but by the most motivated.
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Keep your eye on the task, not on yourself. The task matters, and you are a servant.
PETER DRUCKER