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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
Management
Institutions
Without
Institution
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Plans are only good intentions unless they immediately degenerate into hard work.
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One has to make a decision when a condition is likely to degenerate if nothing is done.
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The better a man is the more mistakes will he make – for the more new things he will try.
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Fortunately or unfortunately, the one predictable thing in any organization is the crisis. That always comes. That's when you do depend on the leader: The job of the leader is to build an organization that is battle-ready, that has high morale, that knows how to behave, that trusts itself, and where people trust one another.
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The true business of every company is to make and keep customers.
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Most of what you hear about entrepreneurshi p is all wrong. It's not magic it's not mysterious and it has nothing to do with genes. It's a discipline and, like any discipline, it can be learned.
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The need to manage oneself is creating a revolution in human affairs.
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The best way to predict the future is to create it.
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To arrive at the definition of the problem he must begin by finding the 'critical factor'. This is the element (or elements) in the situation that has to be changed before anything else can be changed, moved, acted upon.
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An employer has no business with a man's personality... The task is not to change personality, but to enable a person to achieve and to perform.
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The greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships based... on partnership.
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No one learns as much about a subject as one who is forced to teach it.
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Meetings are a symptom of bad organization. The fewer meetings the better.
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If you want to predict the future create it.
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Salvation by society failed the most where it promised the most, in the communist countries. But it also failed in the West. Practically no government program enacted since the 1950s in the Western world - or in the communist countries - has been successful.
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I find more and more executives less and less well informed about the outside world, if only because they believe that the data on the computer printouts are ipso facto information.
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