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Leadership is not rank, privileges, title or money. It is responsibility.

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
Leadership
Responsibility
Money
Privileges
Rank
Title
Titles
Privilege

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Most people think they know what they are good at. They are usually wrong... And yet, a person can perform only from strength.
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Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership.
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Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence.
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Few companies that installed computers to reduce the employment of clerks have realized their expectations... They now need more, and more expensive clerks even though they call them 'operators' or 'programmers.'
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If a business is to be considered a continuous process, instead of a series of disjointed stop-and-go events, then the economic universe in which a business operates-and all the major events within it-must have rhyme, rhythm, or reason.
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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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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.
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If a manager spends more than 10 percent of his time on human relations the group is probably too large.
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No one has ever failed to find the facts they are looking for.
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We've spent the last 30 years focusing on the T in IT, and we'll spend the next 30 years focusing on the I.
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Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
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The best plan is only a plan... unless it degerates into work.
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Innovation requires us to systematically identify changes that have already occurred in a business - in demographics, in values, in technology or science - and then to look at them as opportunities. It also requires something that is most difficult for existing companies to do: to abandon rather than defend yesterday.
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There is no perfect strategic decision. One always has to pay a price. One always has to balance conflicting objectives, conflicting opinions, and conflicting priorities. The best strategic decision is only an approximation - and a risk.
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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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Promotion should not be more important than accomplishment, or avoiding instability more important than taking the right risk.
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A manager's task is to make the strengths of people effective and their weakness irrelevant - and that applies fully as much to the manager's boss as it applies to the manager's subordinates.
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Time is the scarcest resource and unless it is managed nothing else can be managed.
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It is easier to raise the performance of one leader than it is to raise the performance of a whole mass.
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There are two types of people in the business community: those who produce results and those who give you reasons why they didn't.
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