Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
The concept of profit maximization is, in fact, meaningless.
Peter Drucker
Share
Change background
T
T
T
Change font
Original
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
Concepts
Fact
Facts
Maximization
Meaningless
Concept
Profit
More quotes by Peter Drucker
No other area offers richer opportunities for successful innovation than the unexpected success.
Peter Drucker
The most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question.
Peter Drucker
No one learns as much about a subject as one who is forced to teach it.
Peter Drucker
Change is the norm unless an organization sees that its task is to lead change, that organization will not survive.
Peter Drucker
There's nothing so useless than executing a task efficiently when it actually never should have been executed at all.
Peter Drucker
Inside an organization there are only cost centers. The only profit center is a customer whose check has not bounced.
Peter Drucker
Everybody has accepted by now that change is unavoidable. But that still implies that change is like death and taxes - it should be postponed as long as possible and no change would be vastly preferable. But in a period of upheaval, such as the one we are living in, change is the norm.
Peter Drucker
To make a living is no longer enough. Work also has to make a life.
Peter Drucker
Most of what we call management consists of making it difficult for people to get their work done.
Peter Drucker
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
It is easier to raise the performance of one leader than it is to raise the performance of a whole mass.
Peter Drucker
Time is the scarcest resource.
Peter Drucker
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.
Peter Drucker
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
Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service.
Peter Drucker
The leader of the past was a person who knew how to tell. The leader of the future will be a person who knows how to ask.
Peter Drucker
If a business is to be considered a continuous process, instead of a series of disjointed stop-and-go events, then the economic universe in which a business operates-and all the major events within it-must have rhyme, rhythm, or reason.
Peter Drucker
The only skill that will be important in the 21st century is the skill of learning new skills.Everythi ng else will become obsolete over time.
Peter Drucker
As a rule we perceive what we expect to perceive... The unexpected is usually not received at all.
Peter Drucker
To make knowledge productive, we will have to learn to see both forest and tree. We will have to learn to connect.
Peter Drucker
