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What gets measured gets managed.
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
Ironic
Measured
Managed
Clever
Gets
Business
More quotes by Peter Drucker
Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for force. It means the substitution of responsibility for obedience to rank, and of authority of performance for the authority of rank.
Peter Drucker
As to the idea that advertising motivates people, remember the Edsel.
Peter Drucker
Trust is congruence between what you say and what you do.
Peter Drucker
The society of organizations is new-only seventy years ago employees were a small minority in every society.
Peter Drucker
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.
Peter Drucker
The company is not and must never claim to be home, family, religion, life or fate for the individual. It must never interfere in his private life or his citizenship. He is tied to the company through a voluntary and cancellable employment contract, not through some mystical or indissoluble bond.
Peter Drucker
Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.
Peter Drucker
Innovation requires us to systematically identify changes that have already occurred in a business - in demographics, in values, in technology or science - and then to look at them as opportunities. It also requires something that is most difficult for existing companies to do: to abandon rather than defend yesterday.
Peter Drucker
We no longer even understand the question whether change is by itself good or bad, ...We start out with the axiom that it is the norm. We do not see change as altering the order... We see change as being order itself - indeed the only order we can comprehend today is a dynamic, a moving, a changing one.
Peter Drucker
Most people think they know what they are good at. They are usually wrong... And yet, a person can perform only from strength.
Peter Drucker
You can either take action, or you can hang back and hope for a miracle. Miracles are great, but they are so unpredictable.
Peter Drucker
Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.
Peter Drucker
To arrive at the definition of the problem he must begin by finding the 'critical factor'. This is the element (or elements) in the situation that has to be changed before anything else can be changed, moved, acted upon.
Peter Drucker
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
One either meets or one works.
Peter Drucker
You cannot prevent a major catastrophe, but you can build an organization that is battle-ready, where people trust one another. In military training, the first rule is to instill soldiers with trust in their officers - because without trust, they won't fight.
Peter Drucker
A manager is responsible for the application and performance of knowledge.
Peter Drucker
The experience of the human race indicates strongly that the only person in abundant supply is the universal incompetent.
Peter Drucker
In the managerial organization, the top people sit in judgment in the innovative organization it is their job to encourage ideas, no matter how unripe or crude.
Peter Drucker
Efficiency, which is doing things right, is irrelevant until you work on the right things.
Peter Drucker