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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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
Productivity
Irrelevant
Efficiency
Inspiring
Right
Work
Things
More quotes by Peter Drucker
Knowledge is power, which is why people who had it in the past often tried to make a secret of it. In post-capitalism, power comes from transmitting information to make it productive, not from hiding it.
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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.
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What's measured improves
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A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.
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Successful people know they need to get many things done-and done effectively. Therefore, they concentrate their time and energy on doing one thing at a time-and on doing first things firs.
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Don't solve problems. Pursue opportunities.
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Of all the decisions an executive makes, none is as important as the decisions about people, because they determine the performance capacity of the organization.
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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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The only skill that will be important in the 21st century is the skill of learning new skills.Everythi ng else will become obsolete over time.
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Of those things that would make a difference, which are right for me?
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Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.
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To make a living is no longer enough. Work also has to make a life.
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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
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We have tried to substitute mass for purpose. We have tried to regain military potency of defense by making it gigantic, unwieldy, complex. It never works.
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More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject.
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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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Business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.
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That the government's power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer-even though it is used only when a strike threatens the national health, welfare, or safety-is a grave blemish and explains much of union resistance to the Act.
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The computer, being a mechanical moron, can handle only quantifiable data.
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Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.
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