Quote

Executives do many things in addition to making decisions. But only executives make decisions. The first managerial skill is, therefore, the making of effective decisions.

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
Many
Effective
Make
Decisions
Things
Skills
Therefore
Decision
Managerial
Making
Addition
Firsts
Executives
First
Skill

More quotes by Peter Drucker

Image
The individual needs the return to spiritual values, for he can survive in the present human situation only by reaffirming that man is not just a biological and psychological being but also a spiritual being, that is creature, and existing for the purposes of his Creator and subject to Him.
Peter Drucker
Image
Effective organizations put people in jobs in which they can do the most good. They place people -- and allow people to place themselves -- according to their strengths.
Peter Drucker
Image
The area in which the executive first encounters the challenge of strength is in staffing. The effective executive fills positions and promotes on the basis of what a man can do. He does not make staffing decisions to minimize weaknesses but to maximize strength.
Peter Drucker
Image
Trust is congruence between what you say and what you do.
Peter Drucker
Image
True marketing starts...with the customer, his demographics, his realities, his needs, his values. It does not ask, What do we want to sell? It asks, What does the customer want to buy?
Peter Drucker
Image
Today knowledge has power. It controls access to opportunity and advancement.
Peter Drucker
Image
Success in the knowledge economy comes to those who know themselves - their strengths, their values, and how they best perform.
Peter Drucker
Image
No one learns as much about a subject as one who is forced to teach it.
Peter Drucker
Image
Objectives are not commands they are commitments.
Peter Drucker
Image
One cannot manage change. One can only be ahead of it.
Peter Drucker
Image
We do not need more laws . No country suffers from a shortage of laws. We need a new model .
Peter Drucker
Image
Efficiency is doing better what is already being done.
Peter Drucker
Image
Leaders shouldn?t attach moral significance to their ideas: Do that, and you can?t compromise.
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
A business is not defined by its name, statutes, or articles of incorporation. It is defined by the business mission. Only a clear definition of the mission and purpose of the organization makes possible clear and realistic business objectives.
Peter Drucker
Image
Here I am, fifty-eight, and I still don't know what I'm going to be when I grow up.
Peter Drucker
Image
The only industries that function well are the industries that take responsibility for training. The Japanese, you know, assume that when you first come to work you know absolutely nothing. School isn't preparation for work and never was.
Peter Drucker
Image
Most innovators are successful to the extent to which they define risks and confine them.
Peter Drucker
Image
Managers are the basic and scarcest resource of any business enterprise.
Peter Drucker
Image
Leadership is not rank, privileges, title or money. It is responsibility.
Peter Drucker