Quote

There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.

Peter Drucker

Change background

T
T
T

Change font

TAGS & TOPICS

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
Risk
Inspirational
Cannot
Take
Life
Afford

More quotes by Peter Drucker

Image
Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion.
Peter Drucker
Image
Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.
Peter Drucker
Image
The moment people talk of implementing instead of doing, and of finalizing instead of finishing, the organization is already running a fever.
Peter Drucker
Image
An organization which just perpetuates today's level of vision, excellence, and accomplishment has lost the capacity to adapt.
Peter Drucker
Image
Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
Peter Drucker
Image
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
Image
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.
Peter Drucker
Image
There is a point of complexity beyond which a business is no longer manageable.
Peter Drucker
Image
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.
Peter Drucker
Image
There is one qualification the manager cannot acquire but must bring to the task. It is not genius it is character.
Peter Drucker
Image
The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become everybody's entitlement and an increasing burden on those who produce.
Peter Drucker
Image
The world economy is not yet a community--not even an economic community...Yet the existence of the global shopping center is a fact that cannot be undone. The vision of an economy for all will not be forgotten again.
Peter Drucker
Image
Do the right things instead of trying to do everything right.
Peter Drucker
Image
Today knowledge has power. It controls access to opportunity and advancement.
Peter Drucker
Image
A manager is responsible for the application and performance of knowledge.
Peter Drucker
Image
The only industries that function well are the industries that take responsibility for training. The Japanese, you know, assume that when you first come to work you know absolutely nothing. School isn't preparation for work and never was.
Peter Drucker
Image
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
Image
The true business of every company is to make and keep customers.
Peter Drucker
Image
For new technology to replace old, it has to have at least ten times the benefit.
Peter Drucker
Image
The tool user, provided the tool is made well, need not, and indeed should not, know anything about the tool.
Peter Drucker