Business has only two functions – marketing and innovation.
PETER DRUCKERSuccess in the knowledge economy comes to those who know themselves – their strengths, their values, and how they best perform.
More Peter Drucker Quotes
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A manager is responsible for the application and performance of knowledge.
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When a subject becomes totally obsolete we make it a required course.
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A decision without an alternative is a desperate gambler’s throw.
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What’s measured improves.
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Management is doing things right; leadership is doing the right things.
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The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
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A man should never be appointed to a managerial position if his vision focuses on people’s weaknesses rather than on their strengths. The man who always knows exactly what people cannot do, but never sees anything they can do, will undermine the spirit of his organization.
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Like so many brilliant people, he believes that ideas move mountains. But bulldozers move mountains; ideas show where the bulldozers should go to work.
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Until we can manage time, we can manage nothing else.
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Whenever you see a successful business, someone once made a courageous decision.
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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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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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Entrepreneurship is neither a science nor an art. It is a practice.
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The purpose of business is to create and keep a customer.
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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.
PETER DRUCKER