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No executive has ever suffered because his subordinates were strong and effective.

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
Subordinates
Inspirational
Executive
Ever
Suffered
Executives
Effective
Leadership
Business
Strong

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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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If socialism is defined as ownership of the means of production--and this is both the orthodox and the only rigorous definition--then the United States is the first truly Socialist country.
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The only thing we know about the future is that it will be different.
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You can't manage what you don't measure.
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Managers are the basic and scarcest resource of any business enterprise.
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If general perception changes from seeing the glass as 'half-full' to seeing it as 'half empty' there are major innovative opportunities.
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Education can no longer be the sole property of the state.
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There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
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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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Decision making is the specific executive task.
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