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Nothing is less productive than to make more efficient what should not be done at all.
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
Government
Nothing
Done
Procrastination
Make
Productivity
Efficiency
Efficient
Productive
Less
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It’s up to you to carve out your place, to know when to change course, and to keep yourself engaged and productive during a work life that may span some 50 years.
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There is nothing so useless as doing efficiently that which should not be done at all.
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Don't try to innovate for the future. Innovate for the present!
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(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
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Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
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There is every indication that the period ahead will be an innovative one, one of rapid change in technology , society , economy , and institutions .
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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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The individual needs the return to spiritual values, for he can survive in the present human situation only by reaffirming that man is not just a biological and psychological being but also a spiritual being, that is creature, and existing for the purposes of his Creator and subject to Him.
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Objectives can be compared to a compass bearing by which a ship navigates. A compass bearing is firm, but in actual navigation, a ship may veer off its course for many miles. Without a compass bearing, a ship would neither find its port nor be able to estimate the time required to get there.
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It has been said, and only half in jest, that a tough, professionally led union is a great force for improving management performance. It forces the manager to think about what he is doing and to be able to explain his actions and behavior.
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No other area offers richer opportunities for successful innovation than the unexpected success.
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Entrepreneurship is neither a science nor an art. It is a practice.
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The individual is the central, rarest, most precious capital resource of our society.
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The talk you hear about adapting to change is not only stupid, it's dangerous. The only way you can manage change is to create it.
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There are usually half a dozen right answers to what needs to be done. Yet, unless a person makes the risky and controversial choice of only one, he will achieve nothing.
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The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the MANUAL WORKER in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of KNOWLEDGE WORK and the KNOWLEDGE WORKER.
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The most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question.
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The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
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