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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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What gets measured gets managed.
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We have only one alternative: either to build a functioning industrial society or see freedom itself disappear in anarchy and tyranny.
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Nobody in the world is as good at making decisions as the Japanese.
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Spontaneity is an infinite number of rehearsed possibilities.
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A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.
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Tomorrow always arrives. It is always different. And even the mightiest company is in trouble if it has not worked on the future. Being surprised by what happens is a risk that even the largest and richest company cannot afford, and even the smallest business need not run.
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A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths.
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Meetings are a symptom of bad organization. The fewer meetings the better.
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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.
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It is willingness of people to give of themselves over and above the demands of the job that distinguishes the great from the merely adequate.
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Business exists to supply goods and services to customers and economic surplus to society, rather than to supply jobs to workers and managers or even dividends to shareholders.
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Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.
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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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If a manager spends more than 10 percent of his time on human relations the group is probably too large.
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Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted this unique, irreplaceable, and necessary resource. Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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There is the general belief that the corporation income tax is a tax on the rich and on the fat cats. But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.
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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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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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Far too much reorganization goes on all the time. Organizitis is like a spastic colon.
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Successful people know they need to get many things done-and done effectively. Therefore, they concentrate their time and energy on doing one thing at a time-and on doing first things firs.
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