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Time is the scarcest resource.
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
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Resources
Time
More quotes by 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
Mission defines strategy, and strategy defines structure.
Peter Drucker
With Christianity, freedom and equality became the two basic concepts of Europe they are themselves Europe.
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
Marketing is the distinguishing, unique function of the business.
Peter Drucker
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.
Peter Drucker
The area in which the executive first encounters the challenge of strength is in staffing. The effective executive fills positions and promotes on the basis of what a man can do. He does not make staffing decisions to minimize weaknesses but to maximize strength.
Peter Drucker
Executives do many things in addition to making decisions. But only executives make decisions. The first managerial skill is, therefore, the making of effective decisions.
Peter Drucker
The subordinate's job is not to reform or reeducate the boss, not to make him conform to what the business schools or the management book say bosses should be like. It is to enable a particular boss to perform as a unique individual.
Peter Drucker
The single most important thing to remember about any enterprise is that results exist only on the outside.The result of a business is a satisfied customer. The result of a hospital is a satisfied patient. The result of a school is a student who has learned something and puts it to work ten years later. Inside an enterprise there are only costs.
Peter Drucker
Keep your eye on the task, not on yourself. The task matters, and you are a servant
Peter Drucker
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.
Peter Drucker
The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it.
Peter Drucker
Effective people are not problem minded they're opportunity-minded. They feed opportunities and starve problems. They think preventively.
Peter Drucker
Here I am, fifty-eight, and I still don't know what I'm going to be when I grow up.
Peter Drucker
Inside an organization there are only cost centers. The only profit center is a customer whose check has not bounced.
Peter Drucker
Don't take on things you don't believe in and that you yourself are not good at. Learn to say no. Effective leaders match the objective needs of their company with the subjective competencies. As a result, they get an enormous amount of things done fast.
Peter Drucker
It is easier to raise the performance of one leader than it is to raise the performance of a whole mass.
Peter Drucker
Meetings are a symptom of bad organization. The fewer meetings the better.
Peter Drucker
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.
Peter Drucker
