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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
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Money
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Privilege
Leadership
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Nobody can predict the future the idea is to have a firm grasp of the present.
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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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If the feudal knight was the clearest embodiment of society in the early Middle Ages, and the bourgeois under Capitalism, the educated person will represent society in the post-capitalist society in which knowledge has become the central resource.
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Communism is evil. Its driving forces are the deadly sins of envy and hatred.
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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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The strength of the computer lies in its being a logic machine. It does precisely what it is programed to do. This makes it fast and precise. It also makes it a total moron for logic is essentially stupid.
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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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A manager is responsible for the application and performance of knowledge.
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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.
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Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
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Look upon every obstacle as part payment towards your success.
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Successful careers are not planned. They develop when people are prepared for opportunities because they know their strengths, their method of work, and their values. Knowing where one belongs can transform an ordinary person - hardworking and competent but otherwise mediocre - into an outstanding performer.
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To make the future demands courage. It demands work. But it also demands faith.
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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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The job of a professional manager is not to like people. It is not to change people. It is to put their strengths to work.
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Too many leaders try to do a little bit of 25 things and get nothing done. They are very popular because they always say yes. But they get nothing done.
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Ideas are like frog eggs: you've got to lay a thousand to hatch one.
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Most of what we call management consists of making it difficult for people to get their work done.
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