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Time is the scarcest resource and unless it is managed nothing else can be managed.
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
Time
Economics
Life
Management
Resources
Unless
Wise
Resource
Business
Managed
Else
Productivity
Nothing
Efficiency
More quotes by 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.
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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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The fruit of your work grows on other people's trees
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The large organization has to learn to innovate, or it won't survive.
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No executive has ever suffered because his subordinates were strong and effective.
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A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths.
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As with every phenomenon of the objective universe, the first step toward understanding work is to analyze it.
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An effective executive builds on strengths - their own strengths, the strengths of superiors, colleagues, subordinates, and on the strength of the situation.
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The fewer data needed, the better the information. And an overload of information, that is, anything much beyond what is truly needed, leads to information blackout. It does not enrich, but impoverishes.
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Keep your eye on the task, not on yourself. The task matters, and you are a servant
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We have tried to substitute mass for purpose. We have tried to regain military potency of defense by making it gigantic, unwieldy, complex. It never works.
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The moment people talk of implementing instead of doing, and of finalizing instead of finishing, the organization is already running a fever.
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The need to manage oneself is creating a revolution in human affairs.
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The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.
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Every success creates new opportunities. So does every failure.
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Decision making is the specific executive task.
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The basic economic resource - the means of production - is no longer capital, nor natural resources, nor labor. It is and will be knowledge.
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Don't try to innovate for the future. Innovate for the present!
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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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Trust is congruence between what you say and what you do.
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