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Entrepreneurship is neither a science nor an art. It is a practice.

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
Entrepreneurship
Entrepreneur
Neither
Practice
Science
Inspirational
Art
Entrepreneurial

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Plans are worthless, but planning is invaluable.
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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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No one learns as much about a subject as one who is forced to teach it.
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It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity.
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Mission defines strategy, and strategy defines structure.
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Defending yesterday is far more risky than making tomorrow.
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The large organization has to learn to innovate, or it won't survive.
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Don't solve problems. Pursue opportunities.
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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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Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion.
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Through systematic terror, through indoctrination, through systematic manipulation of stimulus, reward, and punishment, we can today break man and convert him into brute animal... The first step toward survival is therefore to make government legitimate again by attempting to deprive it of these powers... by international action to ban such powers.
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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.
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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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No other area offers richer opportunities for successful innovation than the unexpected success.
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Strong people have strong weaknesses.
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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 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 enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.
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Effective people are not problem minded they're opportunity-minded. They feed opportunities and starve problems. They think preventively.
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In the Western tradition, we have focused on teaching as a skill and forgotten what Socrates knew: teaching is a gift, learning is a skill.
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