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Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.

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
Decision
Means
Done
Acclamation
Mean
Risky
Important
Homework
Controversial
Decisions
Nobody

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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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No other area offers richer opportunities for successful innovation than the unexpected success.
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Every organization must be prepared to abandon everything it does to survive in the future.
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Don't take on things you don't believe in and that you yourself are not good at. Learn to say no. Effective leaders match the objective needs of their company with the subjective competencies. As a result, they get an enormous amount of things done fast.
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A success that has outlived its usefulness may, in the end, be more damaging than failure.
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Objectives can be compared to a compass bearing by which a ship navigates. A compass bearing is firm, but in actual navigation, a ship may veer off its course for many miles. Without a compass bearing, a ship would neither find its port nor be able to estimate the time required to get there.
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In todays economy, the most important resource is no longer labor, capital or land it is knowledge
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Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence.
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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 correct assumption is that what individuals have learned by age twenty-one will begin to become obsolete five to ten years later and will have to be replaced-or at least refurbished-by new learning, new skills, new knowledge.
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Any organisation develops people it either forms them or deforms them.
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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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Accept the fact that we have to treat almost anybody as a volunteer.
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The world economy is not yet a community--not even an economic community...Yet the existence of the global shopping center is a fact that cannot be undone. The vision of an economy for all will not be forgotten again.
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The Pertinent Question is NOT how to do things right - but how to find the right things to do, and to concentrate resources and efforts on them.
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Vision without execution is delusion. The joy is in the results
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Culture eats Christianity for breakfast.
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What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous.
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Working with people is difficult, but not impossible.
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Institutions mistake good intentions for objectives. They say health care that's an intention, not an objective.
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