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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
Execution
Delusion
Joy
Vision
Results
Without
More quotes by Peter Drucker
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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Most of what we call management consists of making it difficult for people to get their work done.
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When Henry Ford said, The customer can have a car in any color as long as it's black, he was not joking.
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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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The task of leadership is to create an alignment of strengths so strong that it makes the system's weaknesses irrelevant.
Peter Drucker
Objectives are not commands they are commitments.
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That the government's power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer-even though it is used only when a strike threatens the national health, welfare, or safety-is a grave blemish and explains much of union resistance to the Act.
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It is commonly believed that innovations create changes - but few ever do. Successful innovations exploit changes that have already happened.
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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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There is no perfect strategic decision. One always has to pay a price. One always has to balance conflicting objectives, conflicting opinions, and conflicting priorities. The best strategic decision is only an approximation - and a risk.
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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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Trust is congruence between what you say and what you do.
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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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If a business is to be considered a continuous process, instead of a series of disjointed stop-and-go events, then the economic universe in which a business operates-and all the major events within it-must have rhyme, rhythm, or reason.
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For new technology to replace old, it has to have at least ten times the benefit.
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The days of the 'intuitive' manager are numbered.
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Ideas are like frog eggs: you've got to lay a thousand to hatch one.
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What gets measured gets managed.
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The concept of profit maximization is, in fact, meaningless.
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The tool user, provided the tool is made well, need not, and indeed should not, know anything about the tool.
Peter Drucker
