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Every single social and global issue of our day is a business opportunity in disguise.
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
Social
Every
Disguise
Global
Issue
Single
Issues
Opportunity
Business
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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 say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
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A fundamental responsibility of leadership is make sure that everybody knows the mission, understands it, lives it.
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No single piece of macroeconomic advice given by the experts to their government has ever had the results predicted.
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The individual is the central, rarest, most precious capital resource of our society.
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Objectives are not commands they are commitments.
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Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.
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One cannot manage change. One can only be ahead of it.
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If you want it, measure it. If you can't measure it, forget it.
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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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Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
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The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it.
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Meetings are a symptom of bad organization. The fewer meetings the better.
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Do the right things instead of trying to do everything right.
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There is nothing worse than doing the wrong thing well.
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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.
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In the Western tradition, we have focused on teaching as a skill and forgotten what Socrates knew: teaching is a gift, learning is a skill.
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The individual needs the return to spiritual values, for he can survive in the present human situation only by reaffirming that man is not just a biological and psychological being but also a spiritual being, that is creature, and existing for the purposes of his Creator and subject to Him.
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To survive and succeed, every organization will have to turn itself into a change agent
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