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Managers are the basic and scarcest resource of any business enterprise.
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
Business
Resource
Managers
Enterprise
Basic
Resources
More quotes by Peter Drucker
Of those things that would make a difference, which are right for me?
Peter Drucker
We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
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The concept of profit maximization is, in fact, meaningless.
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It is commonly believed that innovations create changes - but few ever do. Successful innovations exploit changes that have already happened.
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Many studies of research scientists have shown that achievement (at least below the genius level of an Einstein, Bohr, or a Planck) depends less on ability in doing research than on the courage to go after opportunity.
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The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the MANUAL WORKER in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of KNOWLEDGE WORK and the KNOWLEDGE WORKER.
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Successful leaders don't start out asking, 'What do I want to do?' They ask, 'What needs to be done?' Then they ask, 'Of those things that would make a difference, which are right for me?'
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If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.
Peter Drucker
Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership.
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Thus, for those who are willing to go out into the field, to look and to listen, changing demographics is both a highly productive and a highly dependable innovation opportunity.
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To be a manager requires more than a title, a big office, and other outward symbols of rank. It requires competence and performance of a high order.
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What's measured improves
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In a rural society communities are given for the individual. Community is a fact, whether family or religion, social class or caste.
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The task of leadership is to create an alignment of strengths so strong that it makes the system's weaknesses irrelevant.
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One either meets or one works.
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Every success creates new opportunities. So does every failure.
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The strength of the computer lies in its being a logic machine. It does precisely what it is programed to do. This makes it fast and precise. It also makes it a total moron for logic is essentially stupid.
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Never ask who's right. Start out by asking what is right. And you find that out by listening to dissenting, disagreeing opinions.
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The purpose of a business is to create a customer.
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Every three or four years I pick a new subject. It may be Japanese art it may be economics. Three years of study are by no means enough to master a subject but they are enough to understand it. SO for more than 60 years I have kept studying one subject at a time.
Peter Drucker