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
Two
Everything
Make
Marketing
Things
Innovation
Cost
Business
Money
Else

More quotes by Peter Drucker

Image
Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion.
Peter Drucker
Image
If general perception changes from seeing the glass as 'half-full' to seeing it as 'half empty' there are major innovative opportunities.
Peter Drucker
Image
Communism is evil. Its driving forces are the deadly sins of envy and hatred.
Peter Drucker
Image
Plastic moments are those periods that overlap when the old has gone but the new has not yet arrived and when the course of history is more open to being shaped and steered than any other time.
Peter Drucker
Image
Mission defines strategy, and strategy defines structure.
Peter Drucker
Image
With Christianity, freedom and equality became the two basic concepts of Europe they are themselves Europe.
Peter Drucker
Image
It is easier to raise the performance of one leader than it is to raise the performance of a whole mass.
Peter Drucker
Image
An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction.
Peter Drucker
Image
Any organisation develops people it either forms them or deforms them.
Peter Drucker
Image
When it rains manna from heaven, some people put up an umbrella. Others reach for a big spoon.
Peter Drucker
Image
Succession planning often results in the selection of a weaker representation of yourself.
Peter Drucker
Image
More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject.
Peter Drucker
Image
Business exists to supply goods and services to customers and economic surplus to society, rather than to supply jobs to workers and managers or even dividends to shareholders.
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
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
One cannot hire a hand the whole man always comes with it.
Peter Drucker
Image
You can't manage knowledge.Knowledge is between two ears and only between two ears.
Peter Drucker
Image
Marketing is the distinguishing, unique function of the business.
Peter Drucker
Image
If you want to predict the future create it.
Peter Drucker
Image
Systematic change requires a willingness to look on change as an opportunity.
Peter Drucker