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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
Else
Productivity
Nothing
Efficiency
Time
Economics
Life
Management
Resources
Unless
Wise
Resource
Business
Managed

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The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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One does not manage people. The task is to lead people.
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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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Our society has become an employee society.
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Every success creates new opportunities. So does every failure.
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The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.
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There's an enormous number of managers who have retired on the job.
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The first organization structure in the modern West was laid down in the canon law of the Catholic Church eight hundred years ago.
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The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let the successor run the company.
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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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Change is the norm unless an organization sees that its task is to lead change, that organization will not survive.
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It is willingness of people to give of themselves over and above the demands of the job that distinguishes the great from the merely adequate.
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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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If socialism is defined as ownership of the means of production--and this is both the orthodox and the only rigorous definition--then the United States is the first truly Socialist country.
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It has been said, and only half in jest, that a tough, professionally led union is a great force for improving management performance. It forces the manager to think about what he is doing and to be able to explain his actions and behavior.
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Managers are the basic and scarcest resource of any business enterprise.
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During periods of discontinuous, abrupt change, the essence of adaptation involves a keen sensitivity to what should be abandoned - not what should be changed or introduced. A willingness to depart from the familiar has distinct survival value.
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Our most important education system is in the employees' own organization.
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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
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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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