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Vision without execution is delusion. The joy is in the results
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
Without
Execution
Delusion
Joy
Vision
Results
More quotes by Peter Drucker
Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits cannot endure, no matter how impeccable its logic, no matter how great its benefits.
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Keep your eye on the task, not on yourself. The task matters, and you are a servant
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The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become everybody's entitlement and an increasing burden on those who produce.
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Most of what we call management consists of making it difficult for people to get their work done.
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The 1st question the effective decision-maker asks is: 'Is this a generic situation or an exception?'
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A business is not defined by its name, statutes, or articles of incorporation. It is defined by the business mission. Only a clear definition of the mission and purpose of the organization makes possible clear and realistic business objectives.
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Trust is congruence between what you say and what you do.
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To make knowledge productive, we will have to learn to see both forest and tree. We will have to learn to connect.
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The key to greatness is to look for people's potential and spend time developing it.
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Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.
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To arrive at the definition of the problem he must begin by finding the 'critical factor'. This is the element (or elements) in the situation that has to be changed before anything else can be changed, moved, acted upon.
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Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
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Time is the scarcest resource and unless it is managed nothing else can be managed.
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The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the MANUAL WORKER in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of KNOWLEDGE WORK and the KNOWLEDGE WORKER.
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The moment people talk of implementing instead of doing, and of finalizing instead of finishing, the organization is already running a fever.
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There is nothing worse than doing the wrong thing well.
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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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Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.
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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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Our job in life is to make a positive difference, not prove we're right.
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