People who don’t take risks generally make about two big mistakes a year.
PETER DRUCKERRank does not confer privilege or give power. It imposes responsibility.
More Peter Drucker Quotes
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A manager is responsible for the application and performance of knowledge.
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Efficiency is doing the thing right. Effectiveness is doing the right thing.
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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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Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you.
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A decision without an alternative is a desperate gambler’s throw.
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There is only one valid definition of business purpose: to create a customer.
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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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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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The computer is a moron.
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Entrepreneurship is neither a science nor an art. It is a practice.
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Management is about human beings. Its task is to make people capable of joint performance, to make their strengths effective and their weaknesses irrelevant.
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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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So much of what we call management consists in making it difficult for people to work.
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Keep your eye on the task, not on yourself. The task matters, and you are a servant.
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What’s measured improves.
PETER DRUCKER