There is nothing quite so useless, as doing with great efficiency, something that should not be done at all.
PETER DRUCKERResults are obtained by exploiting opportunities, not by solving problems.
More Peter Drucker Quotes
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The most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question.
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Effective executives know that their subordinates are paid to perform and not to please their superiors.
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Rank does not confer privilege or give power. It imposes responsibility.
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If you want something new, you have to stop doing something old.
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Effectiveness must be learned.
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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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Innovation is the specific instrument of entrepreneurship the act that endows resources with a new capacity to create wealth.
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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.
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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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It takes far more energy and work to improve from incompetence to mediocrity than it takes to improve from first-rate performance to excellence.
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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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The first rule in decision-making is that one does not make a decision unless there is disagreement.
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There is only one valid definition of business purpose: to create a customer.
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The purpose of business is to create and keep a customer.
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It is more productive to convert an opportunity into results than to solve a problem – which only restores the equilibrium of yesterday.
PETER DRUCKER






