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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
Performances
Management
Responsible
Learning
Manager
Knowledge
Application
Work
Managers
Performance
Manage
More quotes by Peter Drucker
When Henry Ford said, The customer can have a car in any color as long as it's black, he was not joking.
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You can't manage what you don't measure.
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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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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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You cannot build performance on weaknesses. You can build only on strengths.
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There is the general belief that the corporation income tax is a tax on the rich and on the fat cats. But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.
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We can't make people better by trying to eliminate their weaknesses, but we can help then perform better by building on their strengths.
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Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.
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The better a man is the more mistakes will he make – for the more new things he will try.
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Thus, for those who are willing to go out into the field, to look and to listen, changing demographics is both a highly productive and a highly dependable innovation opportunity.
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The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether business or nonbusiness, will be its knowledge, workers, and their productivity.
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Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.
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The single minded ones, the monomaniacs, are the only true achievers
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If a business is to be considered a continuous process, instead of a series of disjointed stop-and-go events, then the economic universe in which a business operates-and all the major events within it-must have rhyme, rhythm, or reason.
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The productivity of people requires continuous learning, as the Japanese have taught us. It requires adoption in the West of the specific Japanese Zen concept where one learns to do better what one already does well.
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There is nothing worse than doing the wrong thing well.
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If you want to predict the future create it.
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The problem in my life and other people's lives is not the absence of knowing what to do but the absence of doing it.
Peter Drucker
Decisions of the kind the executive has to make are not made well by acclamation. They are made well only if based on the clash of conflicting views...The first rule in decision-making is that one does not make a decision unless there is disagreement.
Peter Drucker
What we are good at comes easy, and we believe that unless it comes hard, it can't be very good.
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