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No one has ever failed to find the facts they are looking for.
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
Failed
Looking
Facts
Find
Ever
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Decision making is the specific executive task.
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You can't manage what you don't measure.
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As with every phenomenon of the objective universe, the first step toward understanding work is to analyze it.
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The purpose of a business is to create a customer.
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Spontaneity is an infinite number of rehearsed possibilities.
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The young knowledge worker whose job is too small to challenge and test his abilities either leaves or declines rapidly into premature middle age, soured, cynical, unproductive.
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Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist and cannot yet be clearly defined.
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The Pertinent Question is NOT how to do things right - but how to find the right things to do, and to concentrate resources and efforts on them.
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People who need certainty are unlikely to make good entrepreneurs.
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Loafing is easy, but leisure is difficult.
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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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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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The leader of the past was a person who knew how to tell. The leader of the future will be a person who knows how to ask.
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No financial man will ever understand business because financial people think a company makes money. A company makes shoes, and no financial man understands that. They think money is real. Shoes are real.
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The society of organizations is new-only seventy years ago employees were a small minority in every society.
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A fundamental responsibility of leadership is make sure that everybody knows the mission, understands it, lives it.
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Change is the norm unless an organization sees that its task is to lead change, that organization will not survive.
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Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service.
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Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership.
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