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As with every phenomenon of the objective universe, the first step toward understanding work is to analyze it.

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
Toward
Steps
Understanding
Universe
Analyze
Firsts
Objective
First
Phenomenon
Work
Objectives
Every
Step

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There is nothing worse than doing the wrong thing well.
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Here I am, fifty-eight, and I still don't know what I'm going to be when I grow up.
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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.
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Quality in a service or product is not what you put into it. It is what the client or customer gets out of it.
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Communism is evil. Its driving forces are the deadly sins of envy and hatred.
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Meetings are a symptom of bad organization. The fewer meetings the better.
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We no longer even understand the question whether change is by itself good or bad, ...We start out with the axiom that it is the norm. We do not see change as altering the order... We see change as being order itself - indeed the only order we can comprehend today is a dynamic, a moving, a changing one.
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The days of the 'intuitive' manager are numbered.
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Promotion should not be more important than accomplishment, or avoiding instability more important than taking the right risk.
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(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss
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Entrepreneurship is neither a science nor an art. It is a practice.
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The most important decisions in organizations are people decisions, and yet only the military, and only recently, has begun to ask, If we assign this general to lead this base, what do we expect him to accomplish?
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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.
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And no matter how serious an environmental problem the automobile poses in today's big city, the horse was dirtier, smelled worse, killed and maimed more people, and congested the streets just as much.
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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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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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Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.
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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.
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An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction.
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The relevant question is not simply what shall we do tomorrow, but rather what shall we do today in order to get ready for tomorrow.
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