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

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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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Mother Teresa's numerical results were not her greatest contribution. Instead, she made the world-and especially India-conscious of compassion.
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Spontaneity is an infinite number of rehearsed possibilities.
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Effective people are not problem minded they're opportunity-minded. They feed opportunities and starve problems. They think preventively.
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What can I contribute that will significantly affect the performance and the results of the institution I serve?
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The most important decisions in organizations are people decisions, and yet only the military, and only recently, has begun to ask, If we assign this general to lead this base, what do we expect him to accomplish?
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One either meets or one works.
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What people in business think they know about the customer and market is likely to be more wrong than right...the customer rarely buys what the business thinks it sells him.
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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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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.
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The most effective way to manage change is to create it.
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Don't solve problems. Pursue opportunities.
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Success always obsoletes the very behavior that achieved it.
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When a resource is scarce, you increase its yield.
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Defending yesterday is far more risky than making tomorrow.
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What's absolutely unforgivable is the financial benefit top management people get for laying off people. There's no excuse for it. No justification. No explanation. This is morally and socially unforgivable, and we'll pay a very nasty price.
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There's nothing so useless than executing a task efficiently when it actually never should have been executed at all.
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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.
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The experience of the human race indicates strongly that the only person in abundant supply is the universal incompetent.
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