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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
Productive
Less
Government
Nothing
Done
Procrastination
Make
Productivity
Efficiency
Efficient
More quotes by Peter Drucker
Success in the knowledge economy comes to those who know themselves - their strengths, their values, and how they best perform.
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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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Without institution there is no management. But without management there is no institution.
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You can't manage knowledge.Knowledge is between two ears and only between two ears.
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Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.
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Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.
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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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As a manager you're paid to be uncomfortable. If you're comfortable, it's a sure sign you're doing things wrong.
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Many studies of research scientists have shown that achievement (at least below the genius level of an Einstein, Bohr, or a Planck) depends less on ability in doing research than on the courage to go after opportunity.
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The world economy is not yet a community--not even an economic community...Yet the existence of the global shopping center is a fact that cannot be undone. The vision of an economy for all will not be forgotten again.
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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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The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether business or nonbusiness, will be its knowledge, workers, and their productivity.
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Marketing is not only much broader than selling, it is not a specialized activity at all. It encompasses the entire business. It is the whole business seen from the point of view of its final result, that is, from the customer's point of view.
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To survive and succeed, every organization will have to turn itself into a change agent
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Working with people is difficult, but not impossible.
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One cannot hire a hand the whole man always comes with it.
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The honest work of yesterday has lost its social status, its social esteem.
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All good strategy eventually degenerates into work.
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Because its purpose is to create a customer, the business enterprise has two - and only these two — basic functions: marketing and innovation. Marketing and innovation produce results all the rest are 'costs'.
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To make knowledge productive, we will have to learn to see both forest and tree. We will have to learn to connect.
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