1. What is our mission? 2. Who is our customer? 3. What does the customer value? 4. What are our results? 5. What is our plan?
PETER DRUCKEREntrepreneurship is risky mainly because so few of the so-called entrepreneurs know what they are doing.
More Peter Drucker Quotes
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No one learns as much about a subject as one who is forced to teach it.
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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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The purpose of business is to create and keep a customer.
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Entrepreneurship is risky mainly because so few of the so-called entrepreneurs know what they are doing.
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Effectiveness must be learned.
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Effective executives know that their subordinates are paid to perform and not to please their superiors.
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Results are obtained by exploiting opportunities, not by solving problems.
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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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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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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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There is only one valid definition of business purpose: to create a customer.
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Whenever you see a successful business, someone once made a courageous decision.
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Working on the right things is what makes knowledge work effective.
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So much of what we call management consists in making it difficult for people to work.
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Managing yourself requires taking responsibility for relationships.
PETER DRUCKER