Entrepreneurship is risky mainly because so few of the so-called entrepreneurs know what they are doing.
PETER DRUCKERManagement is about human beings. Its task is to make people capable of joint performance, to make their strengths effective and their weaknesses irrelevant.
More Peter Drucker Quotes
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One cannot hire a hand – the whole man always comes with it.
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Plan, organize, integrate, motivate, and measure.
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Intelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.
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There is no such thing as a good man. Good for what? is the question.
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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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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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When a subject becomes totally obsolete we make it a required course.
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Managing yourself requires taking responsibility for relationships.
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A decision without an alternative is a desperate gambler’s throw.
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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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We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.
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Rank does not confer privilege or give power. It imposes responsibility.
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Entrepreneurship is neither a science nor an art. It is a practice.
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Effective executives know that their subordinates are paid to perform and not to please their superiors.
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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.
PETER DRUCKER