A decision without an alternative is a desperate gambler’s throw.
PETER DRUCKERTo 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.
More Peter Drucker Quotes
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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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People who don’t take risks generally make about two big mistakes a year.
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Working on the right things is what makes knowledge work effective.
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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
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There is no such thing as a good man. Good for what? is the question.
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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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This defines entrepreneur and entrepreneurship – the entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
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Plans are only good intentions unless they immediately degenerate into hard work.
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One cannot hire a hand – the whole man always comes with it.
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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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Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes.
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When a subject becomes totally obsolete we make it a required course.
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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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Management is doing things right; leadership is doing the right things.
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Effective executives know that their subordinates are paid to perform and not to please their superiors.
PETER DRUCKER