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If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.

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
Problem
Says
Many
Maybe
Must
Company
Forever
Law
Lasts
Last
Business
Problems

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Use feedback analysis to identify your strengths. Then go to work on improving your strengths. Identify and eliminate bad habits that hinder the full development of your strengths. Figure out what you should do and do it. Finally, decide what you should not do.
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There is a point of complexity beyond which a business is no longer manageable.
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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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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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What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous.
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And no matter how serious an environmental problem the automobile poses in today's big city, the horse was dirtier, smelled worse, killed and maimed more people, and congested the streets just as much.
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Salvation by society failed the most where it promised the most, in the communist countries. But it also failed in the West. Practically no government program enacted since the 1950s in the Western world - or in the communist countries - has been successful.
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Ideas are cheap and abundant what is of value is the effective placement of those ideas into situations that develop into action.
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When it rains manna from heaven, some people put up an umbrella. Others reach for a big spoon.
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Inside an organization there are only cost centers. The only profit center is a customer whose check has not bounced.
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Look upon every obstacle as part payment towards your success.
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The Pertinent Question is NOT how to do things right - but how to find the right things to do, and to concentrate resources and efforts on them.
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The productivity of work is not the responsibility of the worker but of the manager.
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A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.
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Vision without execution is delusion. The joy is in the results
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An organization which just perpetuates today's level of vision, excellence, and accomplishment has lost the capacity to adapt.
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Our job in life is to make a positive difference, not prove we're right.
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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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[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.
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