Entrepreneurship is risky mainly because so few of the so-called entrepreneurs know what they are doing.
PETER DRUCKERNo one learns as much about a subject as one who is forced to teach it.
More Peter Drucker Quotes
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Working on the right things is what makes knowledge work effective.
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Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you.
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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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Whenever you see a successful business, someone once made a courageous decision.
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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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A person can perform only from strength. One cannot build performance on weakness, let alone on something one cannot do at all.
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The less an organization has to do to produce results, the better it does its job.
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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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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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Unless commitment is made, there are only promises and hopes; but no plans.
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Intelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.
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Plans are only good intentions unless they immediately degenerate into hard work.
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A manager is responsible for the application and performance of knowledge.
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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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There is nothing quite so useless, as doing with great efficiency, something that should not be done at all.
PETER DRUCKER