Peter Drucker

Management Consultant, Author

Peter Drucker was a management consultant and author known for his contributions to modern business practices and the concept of management by objectives.

Born
November 19, 1909
Died
November 11, 2005
Quotes
592
Rank
#311

Quote collection

Peter Drucker quotes (page 10 of 30)

592 quotes — follow a thought to its full quote page.

Peter Drucker Management Consultant, Author
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"The days of the 'intuitive' manager are numbered."

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Peter Drucker Management Consultant, Author
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"Time is totally perishable and cannot be stored. Yesterday's time is gone forever, and will never come back. Time is always in short supply. There is no substitute for time. Everything requires time."

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Peter Drucker Management Consultant, Author
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"We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information."

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"Marketing and innovation produce results; all the rest are costs."

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"There's no such thing as knowledge management; there are only knowledgeable people. Information only becomes knowledge in the hands of someone who knows what to do with it."

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"In the managerial organization, the top people sit in judgment; in the innovative organization it is their job to encourage ideas, no matter how unripe or crude."

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"Organizations are no longer built on force, but on trust."

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"There is no perfect strategic decision. One always has to pay a price. One always has to balance conflicting objectives, conflicting opinions, and conflicting priorities. The best strategic decision is only an approximation - and a risk."

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"Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society - its worldview, its basic values, its social and political structures, its art, its key institutions - rearranges itself. We are currently living through such a time."

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"The really important things are said over cocktails and are never done."

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"We've spent the last 30 years focusing on the T in IT, and we'll spend the next 30 years focusing on the I."

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"We live in an age of unprecedented opportunity: If you’ve got ambition and smarts, you can rise to the top of your chosen profession, regardless of where you started out."

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"The basic definition of the business and of its purpose and mission have to be translated into objectives."

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"Profit is not the purpose of a business, but rather the test of its validity"

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"No financial man will ever understand business because financial people think a company makes money. A company makes shoes, and no financial man understands that. They think money is real. Shoes are real."

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"It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity."

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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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"Work is a process, and any process needs to be controlled. To make work productive, therefore, requires building the appropriate controls into the process of work."

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