Quote

Success? Odd as it seems, you will achieve the greates results in business and career if you drop the word 'achievement' from your vocabulary and replace it with 'contribution'.

Peter Drucker

Change background

T
T
T

Change font

TAGS & TOPICS

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
Seems
Achievement
Career
Careers
Achieve
Replace
Results
Vocabulary
Word
Odd
Success
Contribution
Business
Drop

More quotes by Peter Drucker

Image
Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership.
Peter Drucker
Image
Our job in life is to make a positive difference, not prove we're right.
Peter Drucker
Image
Executives do many things in addition to making decisions. But only executives make decisions. The first managerial skill is, therefore, the making of effective decisions.
Peter Drucker
Image
There is the general belief that the corporation income tax is a tax on the rich and on the fat cats. But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.
Peter Drucker
Image
Don't take on things you don't believe in and that you yourself are not good at. Learn to say no. Effective leaders match the objective needs of their company with the subjective competencies. As a result, they get an enormous amount of things done fast.
Peter Drucker
Image
There's an enormous number of managers who have retired on the job.
Peter Drucker
Image
Mother Teresa's numerical results were not her greatest contribution. Instead, she made the world-and especially India-conscious of compassion.
Peter Drucker
Image
What's measured improves
Peter Drucker
Image
The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether business or nonbusiness, will be its knowledge, workers, and their productivity.
Peter Drucker
Image
Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
Peter Drucker
Image
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.
Peter Drucker
Image
The world economy is not yet a community--not even an economic community...Yet the existence of the global shopping center is a fact that cannot be undone. The vision of an economy for all will not be forgotten again.
Peter Drucker
Image
The only industries that function well are the industries that take responsibility for training. The Japanese, you know, assume that when you first come to work you know absolutely nothing. School isn't preparation for work and never was.
Peter Drucker
Image
The young knowledge worker whose job is too small to challenge and test his abilities either leaves or declines rapidly into premature middle age, soured, cynical, unproductive.
Peter Drucker
Image
The concept of profit maximization is, in fact, meaningless.
Peter Drucker
Image
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.
Peter Drucker
Image
Vision without execution is delusion. The joy is in the results
Peter Drucker
Image
The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
Peter Drucker
Image
A fundamental responsibility of leadership is make sure that everybody knows the mission, understands it, lives it.
Peter Drucker
Image
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.
Peter Drucker