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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
Must
Company
Forever
Law
Lasts
Last
Business
Problems
Problem
Says
Many
Maybe
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The question that faces the strategic decision maker is not what his organisation should do tomorrow. It is, what do we have to do today to be ready for an uncertain tomorrow?
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The dilemma of modern society: the conflict between the need for capital formation at a high rate and the popular condemnation of interest and dividends as unearned income and capitalist, if not as sinful and wicked.
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Most of what we call management consists of making it difficult for people to get their work done.
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No executive has ever suffered because his subordinates were strong and effective.
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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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Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you.
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The concept of profit maximization is, in fact, meaningless.
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I would hope that American managers-indeed, managers worldwide-continue to appreciate what I have been saying almost from day one: that management is so much more than exercising rank and privilege, that it is much more than making deals. Management affects people and their lives.
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Most innovators are successful to the extent to which they define risks and confine them.
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