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A manager is responsible for the application and performance of knowledge.

Peter Drucker

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Peter Drucker
Age: 95 †
Born: 1909
Born: November 19
Died: 2005
Died: November 11
Author
Businessperson
Columnist
Economist
Journalist
Lawyer
Philosopher
Sculptor
University Teacher
Writer
Vienna
Austria
Peter F. Drucker
Peter Ferdinand Drucker
Responsible
Learning
Manager
Knowledge
Application
Work
Managers
Performance
Manage
Performances
Management

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Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.
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The only things that evolve by themselves in an organization are disorder, friction and malperformance.
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Trust is congruence between what you say and what you do.
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We do not need more laws . No country suffers from a shortage of laws. We need a new model .
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If you're not living life on the edge, you're taking up too much space. The best way to predict the future is to create it.
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All companies are service companies some also manufacture products.
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You can either take action, or you can hang back and hope for a miracle. Miracles are great, but they are so unpredictable.
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The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the MANUAL WORKER in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of KNOWLEDGE WORK and the KNOWLEDGE WORKER.
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Plans are only good intentions unless they immediately degenerate into hard work.
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The computer, being a mechanical moron, can handle only quantifiable data.
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There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
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The only industries that function well are the industries that take responsibility for training. The Japanese, you know, assume that when you first come to work you know absolutely nothing. School isn't preparation for work and never was.
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The enterprise can fulfill its human and social functions only if it prospers as a business.
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For new technology to replace old, it has to have at least ten times the benefit.
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Quality in a service or product is not what you put into it. It is what the client or customer gets out of it.
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Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
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Nobody can predict the future the idea is to have a firm grasp of the present.
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Business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.
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No decision has been made unless carrying it out in specific steps has become someone's work assignment and responsibility.
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When the business grows, the person who founded it is incredibly busy. Rapid growth puts an enormous strain on a business. You outgrow your production facilities. You outgrow your management capabilities.
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