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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
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Peter Drucker
Age: 95 †
Born: 1909
Born: November 19
Died: 2005
Died: November 11
Author
Businessperson
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Economist
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Philosopher
Sculptor
University Teacher
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Vienna
Austria
Peter F. Drucker
Peter Ferdinand Drucker
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Accounting
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Management
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More quotes by Peter Drucker
Understanding our strengths, articulating our values, knowing where we belong -- these are also essential to addressing one of the great challenges of organizations: improving the abysmally low productivity of knowledge workers.
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With Christianity, freedom and equality became the two basic concepts of Europe they are themselves Europe.
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The tool user, provided the tool is made well, need not, and indeed should not, know anything about the tool.
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The purpose of an organization is to enable ordinary humans beings to do extraordinary things.
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In the managerial organization, the top people sit in judgment in the innovative organization it is their job to encourage ideas, no matter how unripe or crude.
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The relevant question is not simply what shall we do tomorrow, but rather what shall we do today in order to get ready for tomorrow.
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Plans are only good intentions unless they immediately degenerate into hard work.
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There are no creeds in mathematics.
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Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, Let's do a little bit of everything.
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Managers are the basic and scarcest resource of any business enterprise.
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Education can no longer be the sole property of the state.
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As a manager you're paid to be uncomfortable. If you're comfortable, it's a sure sign you're doing things wrong.
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The first organization structure in the modern West was laid down in the canon law of the Catholic Church eight hundred years ago.
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The productivity of work is not the responsibility of the worker but of the manager.
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Look at government programs for the past fifty years. Every single one - except warfare - achieved the exact opposite of its announced goal.
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Most people think they know what they are good at. They are usually wrong... And yet, a person can perform only from strength.
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Time is the scarcest resource.
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Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist and cannot yet be clearly defined.
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If you're not living life on the edge, you're taking up too much space. The best way to predict the future is to create it.
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Success? Odd as it seems, you will achieve the greates results in business and career if you drop the word 'achievement' from your vocabulary and replace it with 'contribution'.
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