Quote

The 1st question the effective decision-maker asks is: 'Is this a generic situation or an exception?'

Peter Drucker

Change background

T
T
T

Change font

TAGS & TOPICS

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
Asks
Generic
Maker
Makers
Exception
Effective
Question
Decision
Situation

More quotes by Peter Drucker

Image
The talk you hear about adapting to change is not only stupid, it's dangerous. The only way you can manage change is to create it.
Peter Drucker
Image
Objectives can be compared to a compass bearing by which a ship navigates. A compass bearing is firm, but in actual navigation, a ship may veer off its course for many miles. Without a compass bearing, a ship would neither find its port nor be able to estimate the time required to get there.
Peter Drucker
Image
The question that faces the strategic decision maker is not what his organisation should do tomorrow. It is, what do we have to do today to be ready for an uncertain tomorrow?
Peter Drucker
Image
Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society - its worldview, its basic values, its social and political structures, its art, its key institutions - rearranges itself. We are currently living through such a time.
Peter Drucker
Image
Every single social and global issue of our day is a business opportunity in disguise.
Peter Drucker
Image
Look upon every obstacle as part payment towards your success.
Peter Drucker
Image
We know nothing about motivation. All we can do is write books about it.
Peter Drucker
Image
Spontaneity is an infinite number of rehearsed possibilities.
Peter Drucker
Image
Time is the scarcest resource.
Peter Drucker
Image
The days of the 'intuitive' manager are numbered.
Peter Drucker
Image
Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
Peter Drucker
Image
The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become everybody's entitlement and an increasing burden on those who produce.
Peter Drucker
Image
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.'
Peter Drucker
Image
Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, Let's do a little bit of everything.
Peter Drucker
Image
It is commonly believed that innovations create changes - but few ever do. Successful innovations exploit changes that have already happened.
Peter Drucker
Image
All good strategy eventually degenerates into work.
Peter Drucker
Image
There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
Peter Drucker
Image
That the government's power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer-even though it is used only when a strike threatens the national health, welfare, or safety-is a grave blemish and explains much of union resistance to the Act.
Peter Drucker
Image
Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.
Peter Drucker
Image
Most people think they know what they are good at. They are usually wrong... And yet, a person can perform only from strength.
Peter Drucker