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Without institution there is no management. But without management there is no institution.
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
Institution
Management
Institutions
Without
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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
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The race for Quality has no finish line - so technically, it's more like a death march. Efficiency is doing things right effectiveness is doing the right things.
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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 moment people talk of implementing instead of doing, and of finalizing instead of finishing, the organization is already running a fever.
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Time is the scarcest resource.
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Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist and cannot yet be clearly defined.
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The most important contribution management needs to make in the 21st century is ... to increase the productivity of knowledge work and the knowledge worker
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Mother Teresa's numerical results were not her greatest contribution. Instead, she made the world-and especially India-conscious of compassion.
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The first organization structure in the modern West was laid down in the canon law of the Catholic Church eight hundred years ago.
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We know nothing about motivation. All we can do is write books about it.
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There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
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No decision has been made unless carrying it out in specific steps has become someone's work assignment and responsibility.
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