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There are usually half a dozen right answers to what needs to be done. Yet, unless a person makes the risky and controversial choice of only one, he will achieve nothing.
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
Person
Usually
Nothing
Unless
Done
Achieve
Right
Answers
Needs
Choices
Risky
Half
Controversial
Makes
Dozen
Persons
Choice
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The individual is the central, rarest, most precious capital resource of our society.
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Never ask who's right. Start out by asking what is right. And you find that out by listening to dissenting, disagreeing opinions.
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Plastic moments are those periods that overlap when the old has gone but the new has not yet arrived and when the course of history is more open to being shaped and steered than any other time.
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If the feudal knight was the clearest embodiment of society in the early Middle Ages, and the bourgeois under Capitalism, the educated person will represent society in the post-capitalist society in which knowledge has become the central resource.
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Knowledge applied is productivity.
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One either meets or one works.
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It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity.
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The concept of profit maximization is, in fact, meaningless.
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Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - accounting and what have you - but you can't teach them management.
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The worker's effectiveness is determined largely by the way he is being managed.
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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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We can ill afford to have activities conducted as non-profit, that is, as activities that devour capital rather than form it, if they can be organized as activities that form capital, as activities that make a profit.
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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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If a manager spends more than 10 percent of his time on human relations the group is probably too large.
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Every enterprise is learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.
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Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you.
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One cannot hire a hand the whole man always comes with it.
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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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It's amazing how many things busy people are doing that never will be missed.
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To make a living is no longer enough. Work also has to make a life.
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