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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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Defending yesterday is far more risky than making tomorrow.
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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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The computer, being a mechanical moron, can handle only quantifiable data.
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Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist and cannot yet be clearly defined.
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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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Businesses are not paid to reform customers. They are paid to satisfy customers.
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Today knowledge has power. It controls access to opportunity and advancement.
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Entrepreneurship is neither a science nor an art. It is a practice.
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You cannot build performance on weaknesses. You can build only on strengths.
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As a manager you're paid to be uncomfortable. If you're comfortable, it's a sure sign you're doing things wrong.
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A success that has outlived its usefulness may, in the end, be more damaging than failure.
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Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.
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No other area offers richer opportunities for successful innovation than the unexpected success.
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The enterprise can fulfill its human and social functions only if it prospers as a business.
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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.
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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.
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