Quote

There are only two things in a business that make money - innovation and marketing, everything else is cost.

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
Cost
Business
Money
Else
Two
Everything
Make
Marketing
Things
Innovation

More quotes by Peter Drucker

Image
Fascism is the result of the collapse of Europe's spiritual and social order... catastrophes broke through the everyday routine which makes men accept existing forms, institutions and tenets as unalterable natural laws. They suddenly exposed the vacuum behind the facade of society.
Peter Drucker
Image
The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.
Peter Drucker
Image
Look at government programs for the past fifty years. Every single one - except warfare - achieved the exact opposite of its announced goal.
Peter Drucker
Image
What people in business think they know about the customer and market is likely to be more wrong than right...the customer rarely buys what the business thinks it sells him.
Peter Drucker
Image
The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
Peter Drucker
Image
There are two types of people in the business community: those who produce results and those who give you reasons why they didn't.
Peter Drucker
Image
Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.
Peter Drucker
Image
The days of the 'intuitive' manager are numbered.
Peter Drucker
Image
Most of what we call management consists of making it difficult for people to get their work done.
Peter Drucker
Image
Efficiency is doing better what is already being done.
Peter Drucker
Image
You cannot prevent a major catastrophe, but you can build an organization that is battle-ready, where people trust one another. In military training, the first rule is to instill soldiers with trust in their officers - because without trust, they won't fight.
Peter Drucker
Image
The fewer data needed, the better the information. And an overload of information, that is, anything much beyond what is truly needed, leads to information blackout. It does not enrich, but impoverishes.
Peter Drucker
Image
The greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships based... on partnership.
Peter Drucker
Image
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.
Peter Drucker
Image
If a manager spends more than 10 percent of his time on human relations the group is probably too large.
Peter Drucker
Image
Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society - its worldview, its basic values, its social and political structures, its art, its key institutions - rearranges itself. We are currently living through such a time.
Peter Drucker
Image
Successful people know they need to get many things done-and done effectively. Therefore, they concentrate their time and energy on doing one thing at a time-and on doing first things firs.
Peter Drucker
Image
Use feedback analysis to identify your strengths. Then go to work on improving your strengths. Identify and eliminate bad habits that hinder the full development of your strengths. Figure out what you should do and do it. Finally, decide what you should not do.
Peter Drucker
Image
If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.
Peter Drucker
Image
Strong people have strong weaknesses.
Peter Drucker