Rank does not confer privilege or give power. It imposes responsibility.
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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There is only one valid definition of business purpose: to create a customer.
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History has been written not by the most talented but by the most motivated.
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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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Plans are only good intentions unless they immediately degenerate into hard work.
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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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There is nothing quite so useless, as doing with great efficiency, something that should not be done at all.
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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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Efficiency is doing the thing right. Effectiveness is doing the right thing.
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The less an organization has to do to produce results, the better it does its job.
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If you want something new, you have to stop doing something old.
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A decision without an alternative is a desperate gambler’s throw.
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There is no such thing as a good man. Good for what? is the question.
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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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You should not change yourself, but create yourself, that mean build around your strengths and removing bad habits
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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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The most important thing in communication is to hear what isn’t being said.
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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.
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Entrepreneurship is neither a science nor an art. It is a practice.
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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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A manager is responsible for the application and performance of knowledge.
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People who don’t take risks generally make about two big mistakes a year.
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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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So much of what we call management consists in making it difficult for people to work.
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People in any organization are always attached to the obsolete – the things that should have worked but did not, the things that once were productive and no longer are.
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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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Unless commitment is made, there are only promises and hopes; but no plans.
PETER DRUCKER