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When a resource is scarce, you increase its yield.
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
Increase
Resources
Motivational
Resource
Scarce
Yield
More quotes by Peter Drucker
Successful people know they need to get many things done-and done effectively. Therefore, they concentrate their time and energy on doing one thing at a time-and on doing first things firs.
Peter Drucker
Plans are only good intentions unless they immediately degenerate into hard work.
Peter Drucker
When Henry Ford said, The customer can have a car in any color as long as it's black, he was not joking.
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Cultivate a deep understanding of yourself - not only what your strengths and weaknesses are but also how you learn, how you work with others, what your values are, and where you can make the greatest contribution. Because only when you operate from strengths can you achieve true excellence.
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People who need certainty are unlikely to make good entrepreneurs.
Peter Drucker
There are two types of people in the business community: those who produce results and those who give you reasons why they didn't.
Peter Drucker
Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.
Peter Drucker
Look upon every obstacle as part payment towards your success.
Peter Drucker
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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More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject.
Peter Drucker
The key to greatness is to look for people's potential and spend time developing it.
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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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No financial man will ever understand business because financial people think a company makes money. A company makes shoes, and no financial man understands that. They think money is real. Shoes are real.
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It is willingness of people to give of themselves over and above the demands of the job that distinguishes the great from the merely adequate.
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A manager is responsible for the application and performance of knowledge.
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Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - accounting and what have you - but you can't teach them management.
Peter Drucker
(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
Peter Drucker
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.
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Nothing is less productive than to make more efficient what should not be done at all.
Peter Drucker
Culture eats Christianity for breakfast.
Peter Drucker
