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What's measured improves

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
Improves
Measured
Management

More quotes by Peter Drucker

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There's no such thing as knowledge management there are only knowledgeable people. Information only becomes knowledge in the hands of someone who knows what to do with it.
Peter Drucker
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You cannot prevent a major catastrophe, but you can build an organization that is battle-ready, where people trust one another. In military training, the first rule is to instill soldiers with trust in their officers - because without trust, they won't fight.
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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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Many studies of research scientists have shown that achievement (at least below the genius level of an Einstein, Bohr, or a Planck) depends less on ability in doing research than on the courage to go after opportunity.
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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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In todays economy, the most important resource is no longer labor, capital or land it is knowledge
Peter Drucker
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Nothing is less productive than to make more efficient what should not be done at all.
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Today knowledge has power. It controls access to opportunity and advancement.
Peter Drucker
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[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.
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Increasingly, politics is not about who gets what, when, how but about values, each of them considered to be absolute. Politics is about the right to life...It is about the environment. It is about gaining equality for groups alleged to be oppressed...None of these issues is economic. All are fundamentally moral.
Peter Drucker
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One cannot hire a hand the whole man always comes with it.
Peter Drucker
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Organizationally what is required - and evolving - is systems management.
Peter Drucker
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(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
Peter Drucker
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You can't manage knowledge.Knowledge is between two ears and only between two ears.
Peter Drucker
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Most of what you hear about entrepreneurshi p is all wrong. It's not magic it's not mysterious and it has nothing to do with genes. It's a discipline and, like any discipline, it can be learned.
Peter Drucker
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If a manager spends more than 10 percent of his time on human relations the group is probably too large.
Peter Drucker
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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.
Peter Drucker
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More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject.
Peter Drucker
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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.
Peter Drucker
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Keep your eye on the task, not on yourself. The task matters, and you are a servant
Peter Drucker