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One cannot hire a hand the whole man always comes with 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
Hand
Comes
Hands
Cannot
Whole
Always
Men
Hire
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Ideas are like frog eggs: you've got to lay a thousand to hatch one.
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Managers are the basic and scarcest resource of any business enterprise.
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Spontaneity is an infinite number of rehearsed possibilities.
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The more successful the unit, the more difficult it is to make sure that the large company doesn't put the same expectations on it as it does for the rest of the company. When it's a new venture, whether it's outside or inside the business, it's a child. And you don't put a 40-pound pack on a 6-year-old's back when you take her hiking.
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Inside an organization there are only cost centers. The only profit center is a customer whose check has not bounced.
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There are no creeds in mathematics.
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Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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Entrepreneurship is neither a science nor an art. It is a practice.
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There is nothing worse than doing the wrong thing well.
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As a rule we perceive what we expect to perceive... The unexpected is usually not received at all.
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Our society has become an employee society.
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The corporation is the master, the employee is the servant. Because the corporation owns the means of production without which the employee could not make a living, the employee needs the corporation more than vice versa.
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Profit is not a cause but a result-
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We have tried to substitute mass for purpose. We have tried to regain military potency of defense by making it gigantic, unwieldy, complex. It never works.
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When a resource is scarce, you increase its yield.
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The key to greatness is to look for people's potential and spend time developing it.
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Knowledge applied is productivity.
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[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.
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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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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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