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Success always obsoletes the very behavior that achieved it.
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
Achieved
Behavior
Success
Always
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Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.
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Communism is evil. Its driving forces are the deadly sins of envy and hatred.
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Nothing is less productive than to make more efficient what should not be done at all.
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The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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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.
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Success in the knowledge economy comes to those who know themselves - their strengths, their values, and how they best perform.
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Marketing is not only much broader than selling, it is not a specialized activity at all. It encompasses the entire business. It is the whole business seen from the point of view of its final result, that is, from the customer's point of view.
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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.
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Trust is congruence between what you say and what you do.
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An effective executive builds on strengths - their own strengths, the strengths of superiors, colleagues, subordinates, and on the strength of the situation.
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A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths.
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Follow effective action with quiet reflection.
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Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
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Decisions of the kind the executive has to make are not made well by acclamation. They are made well only if based on the clash of conflicting views...The first rule in decision-making is that one does not make a decision unless there is disagreement.
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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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The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.
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Vision without execution is delusion. The joy is in the results
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