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If you want to predict the future create it.
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
Predict
Create
Future
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The best plan is only a plan... unless it degerates into work.
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The large organization has to learn to innovate, or it won't survive.
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What's measured improves
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(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
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Keep your eye on the task, not on yourself. The task matters, and you are a servant
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Nothing is less productive than to make more efficient what should not be done at all.
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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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Successful careers are not planned. They develop when people are prepared for opportunities because they know their strengths, their method of work, and their values. Knowing where one belongs can transform an ordinary person - hardworking and competent but otherwise mediocre - into an outstanding performer.
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Executives do many things in addition to making decisions. But only executives make decisions. The first managerial skill is, therefore, the making of effective decisions.
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Of all the decisions an executive makes, none is as important as the decisions about people, because they determine the performance capacity of the organization.
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A success that has outlived its usefulness may, in the end, be more damaging than failure.
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No one learns as much about a subject as one who is forced to teach it.
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Leadership is not rank, privileges, title or money. It is responsibility.
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[T]hroughout the ages to be educated meant to be unproductive.... our word school - and its equivalent in all European languages - derives from a Greek word meaning leisure.
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The concept of profit maximization is, in fact, meaningless.
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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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