Plans are only good intentions unless they immediately degenerate into hard work.
PETER DRUCKERThe first rule in decision-making is that one does not make a decision unless there is disagreement.
More Peter Drucker Quotes
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Effective executives know that their subordinates are paid to perform and not to please their superiors.
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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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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 computer is a moron.
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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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Working on the right things is what makes knowledge work effective.
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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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There is only one valid definition of business purpose: to create a customer.
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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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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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Innovation is the specific instrument of entrepreneurship the act that endows resources with a new capacity to create wealth.
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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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Business has only two functions – marketing and innovation.
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Results are obtained by exploiting opportunities, not by solving problems.
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Management is doing things right; leadership is doing the right things.
PETER DRUCKER