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Promotion should not be more important than accomplishment, or avoiding instability more important than taking the right risk.
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
Avoiding
Accomplishment
Taking
Risk
Right
Important
Instability
Promotion
More quotes by Peter Drucker
[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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We can ill afford to have activities conducted as non-profit, that is, as activities that devour capital rather than form it, if they can be organized as activities that form capital, as activities that make a profit.
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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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Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.
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No one has ever failed to find the facts they are looking for.
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Any organisation develops people it either forms them or deforms them.
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We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
Peter Drucker
The most important contribution management needs to make in the 21st century is ... to increase the productivity of knowledge work and the knowledge worker
Peter Drucker
Fortunately or unfortunately, the one predictable thing in any organization is the crisis. That always comes. That's when you do depend on the leader: The job of the leader is to build an organization that is battle-ready, that has high morale, that knows how to behave, that trusts itself, and where people trust one another.
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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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In the modern corporation the decisive power, that of the managers , is derived from no one but the managers themselves controlled by nobody and nothing and responsible to no one. It is in the most literal sense unfounded, unjustified, uncontrolled and irresponsible power.
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The more successful the unit, the more difficult it is to make sure that the large company doesn't put the same expectations on it as it does for the rest of the company. When it's a new venture, whether it's outside or inside the business, it's a child. And you don't put a 40-pound pack on a 6-year-old's back when you take her hiking.
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Adversarial power relationships only work if you never have to see or work with the bastards again.
Peter Drucker
Cultivate a deep understanding of yourself - not only what your strengths and weaknesses are but also how you learn, how you work with others, what your values are, and where you can make the greatest contribution. Because only when you operate from strengths can you achieve true excellence.
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If socialism is defined as ownership of the means of production--and this is both the orthodox and the only rigorous definition--then the United States is the first truly Socialist country.
Peter Drucker
Look at government programs for the past fifty years. Every single one - except warfare - achieved the exact opposite of its announced goal.
Peter Drucker
The better a man is the more mistakes will he make – for the more new things he will try.
Peter Drucker
There is nothing so useless as doing efficiently that which should not be done at all.
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Trust is congruence between what you say and what you do.
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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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