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There is nothing worse than doing the wrong thing well.

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
Worse
Wrong
Wells
Well
Nothing
Thing

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There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere... In every case the opposition could only be overcome - peacefully or by force - because of the promise of capitalism to establish equality... That this promise was an illusion we all know.
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As to the idea that advertising motivates people, remember the Edsel.
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Efficiency, which is doing things right, is irrelevant until you work on the right things.
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Culture eats Christianity for breakfast.
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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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The first step toward making the worker achieving is to make work productive.
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Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion.
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There is one qualification the manager cannot acquire but must bring to the task. It is not genius it is character.
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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 large organization has to learn to innovate, or it won't survive.
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To satisfy the customer is the mission and purpose of every business.
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Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
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The moment people talk of implementing instead of doing, and of finalizing instead of finishing, the organization is already running a fever.
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The honest work of yesterday has lost its social status, its social esteem.
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The subordinate's job is not to reform or reeducate the boss, not to make him conform to what the business schools or the management book say bosses should be like. It is to enable a particular boss to perform as a unique individual.
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Plastic moments are those periods that overlap when the old has gone but the new has not yet arrived and when the course of history is more open to being shaped and steered than any other time.
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Success in the knowledge economy comes to those who know themselves - their strengths, their values, and how they best perform.
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Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
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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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If the feudal knight was the clearest embodiment of society in the early Middle Ages, and the bourgeois under Capitalism, the educated person will represent society in the post-capitalist society in which knowledge has become the central resource.
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