People who don’t take risks generally make about two big mistakes a year.
PETER DRUCKERManagement is doing things right; leadership is doing the right things.
More Peter Drucker Quotes
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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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Whenever you see a successful business, someone once made a courageous decision.
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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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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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Intelligence, imagination, and knowledge are essential resources, but only effectiveness converts them into results.
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The purpose of business is to create and keep a customer.
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When a subject becomes totally obsolete we make it a required course.
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Management is about human beings. Its task is to make people capable of joint performance, to make their strengths effective and their weaknesses irrelevant.
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Efficiency is doing the thing right. Effectiveness is doing the right thing.
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If you want something new, you have to stop doing something old.
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Rank does not confer privilege or give power. It imposes responsibility.
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One cannot hire a hand – the whole man always comes with it.
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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?
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This defines entrepreneur and entrepreneurship – the entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
PETER DRUCKER