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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
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
Peace
Reflecting
Inspirational
Productivity
Action
Improvement
Come
Effective
Even
Reflection
Follow
Quiet
Effectiveness
Wise
Procrastination
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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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All companies are service companies some also manufacture products.
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Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - accounting and what have you - but you can't teach them management.
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Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, Let's do a little bit of everything.
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Mother Teresa's numerical results were not her greatest contribution. Instead, she made the world-and especially India-conscious of compassion.
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Don't take on things you don't believe in and that you yourself are not good at. Learn to say no. Effective leaders match the objective needs of their company with the subjective competencies. As a result, they get an enormous amount of things done fast.
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Profit is not a cause but a result-
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Efficiency is doing better what is already being done.
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Do the right things instead of trying to do everything right.
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What gets measured gets managed.
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Everybody has accepted by now that change is unavoidable. But that still implies that change is like death and taxes - it should be postponed as long as possible and no change would be vastly preferable. But in a period of upheaval, such as the one we are living in, change is the norm.
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Salvation by society failed the most where it promised the most, in the communist countries. But it also failed in the West. Practically no government program enacted since the 1950s in the Western world - or in the communist countries - has been successful.
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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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As a rule we perceive what we expect to perceive... The unexpected is usually not received at all.
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There are two types of people in the business community: those who produce results and those who give you reasons why they didn't.
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There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere... In every case the opposition could only be overcome - peacefully or by force - because of the promise of capitalism to establish equality... That this promise was an illusion we all know.
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To be a manager requires more than a title, a big office, and other outward symbols of rank. It requires competence and performance of a high order.
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A manager is responsible for the application and performance of knowledge.
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When it rains manna from heaven, some people put up an umbrella. Others reach for a big spoon.
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Any organisation develops people it either forms them or deforms them.
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