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To make a living is no longer enough. Work also has to make a life.

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
Also
Enough
Work
Make
Life
Longer
Living

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Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.
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Business exists to supply goods and services to customers and economic surplus to society, rather than to supply jobs to workers and managers or even dividends to shareholders.
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The productivity of people requires continuous learning, as the Japanese have taught us. It requires adoption in the West of the specific Japanese Zen concept where one learns to do better what one already does well.
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It’s up to you to carve out your place, to know when to change course, and to keep yourself engaged and productive during a work life that may span some 50 years.
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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.
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Objectives are not commands they are commitments.
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A manager is responsible for the application and performance of knowledge.
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One has to make a decision when a condition is likely to degenerate if nothing is done.
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To satisfy the customer is the mission and purpose of every business.
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Working with people is difficult, but not impossible.
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There's nothing so useless than executing a task efficiently when it actually never should have been executed at all.
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The really important things are said over cocktails and are never done.
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The leader of the past was a person who knew how to tell. The leader of the future will be a person who knows how to ask.
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People who need certainty are unlikely to make good entrepreneurs.
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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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Plans are worthless, but planning is invaluable.
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In todays economy, the most important resource is no longer labor, capital or land it is knowledge
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Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for force. It means the substitution of responsibility for obedience to rank, and of authority of performance for the authority of rank.
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Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
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