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No one learns as much about a subject as one who is forced to teach it.
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
Learns
Forced
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Subjects
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Much
More quotes by Peter Drucker
Nothing is less productive than to make more efficient what should not be done at all.
Peter Drucker
As a manager you're paid to be uncomfortable. If you're comfortable, it's a sure sign you're doing things wrong.
Peter Drucker
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.
Peter Drucker
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.
Peter Drucker
Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for force. It means the substitution of responsibility for obedience to rank, and of authority of performance for the authority of rank.
Peter Drucker
Effective people are not problem minded they're opportunity-minded. They feed opportunities and starve problems. They think preventively.
Peter Drucker
There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're doing. And finally there are companies that are good at innovation. Every large company has to be able to do all three - improve, extend, and innovate - simultaneously.
Peter Drucker
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.
Peter Drucker
A fundamental responsibility of leadership is make sure that everybody knows the mission, understands it, lives it.
Peter Drucker
Working with people is difficult, but not impossible.
Peter Drucker
Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.
Peter Drucker
You can't manage knowledge.Knowledge is between two ears and only between two ears.
Peter Drucker
Brilliant men are often strikingly ineffectual. They fail to realize that the brilliant insight is not by itself achievement. They never have learned that insights become effectiveness only through hard systematic work.
Peter Drucker
Of all the decisions an executive makes, none is as important as the decisions about people, because they determine the performance capacity of the organization.
Peter Drucker
No executive has ever suffered because his subordinates were strong and effective.
Peter Drucker
[T]hroughout the ages to be educated meant to be unproductive.... our word school - and its equivalent in all European languages - derives from a Greek word meaning leisure.
Peter Drucker
People in any organization, including bureaucrats and politicians, are always attached to the obsolete the obsolescent the things that should have worked but didn't the things that once were productive and no longer are.
Peter Drucker
Do not measure your life by your goals but what you are doing to achieve them.
Peter Drucker
The single most important thing to remember about any enterprise is that results exist only on the outside.The result of a business is a satisfied customer. The result of a hospital is a satisfied patient. The result of a school is a student who has learned something and puts it to work ten years later. Inside an enterprise there are only costs.
Peter Drucker
The individual needs the return to spiritual values, for he can survive in the present human situation only by reaffirming that man is not just a biological and psychological being but also a spiritual being, that is creature, and existing for the purposes of his Creator and subject to Him.
Peter Drucker