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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
Resource
Resources
Time

More quotes by Peter Drucker

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There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere... In every case the opposition could only be overcome - peacefully or by force - because of the promise of capitalism to establish equality... That this promise was an illusion we all know.
Peter Drucker
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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.
Peter Drucker
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With Christianity, freedom and equality became the two basic concepts of Europe they are themselves Europe.
Peter Drucker
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Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake.
Peter Drucker
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It’s up to you to carve out your place, to know when to change course, and to keep yourself engaged and productive during a work life that may span some 50 years.
Peter Drucker
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To survive and succeed, every organization will have to turn itself into a change agent
Peter Drucker
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There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're doing. And finally there are companies that are good at innovation. Every large company has to be able to do all three - improve, extend, and innovate - simultaneously.
Peter Drucker
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Accept the fact that we have to treat almost anybody as a volunteer.
Peter Drucker
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Here I am, fifty-eight, and I still don't know what I'm going to be when I grow up.
Peter Drucker
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The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be fast.
Peter Drucker
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Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
Peter Drucker
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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
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The more successful the unit, the more difficult it is to make sure that the large company doesn't put the same expectations on it as it does for the rest of the company. When it's a new venture, whether it's outside or inside the business, it's a child. And you don't put a 40-pound pack on a 6-year-old's back when you take her hiking.
Peter Drucker
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To make the future demands courage. It demands work. But it also demands faith.
Peter Drucker
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You can't manage what you don't measure.
Peter Drucker
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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
Peter Drucker
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There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
Peter Drucker
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Ideas are cheap and abundant what is of value is the effective placement of those ideas into situations that develop into action.
Peter Drucker
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The large organization has to learn to innovate, or it won't survive.
Peter Drucker
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During periods of discontinuous, abrupt change, the essence of adaptation involves a keen sensitivity to what should be abandoned - not what should be changed or introduced. A willingness to depart from the familiar has distinct survival value.
Peter Drucker