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When it rains manna from heaven, some people put up an umbrella. Others reach for a big spoon.
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
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Rains
People
Spoon
Spoons
Umbrella
Rain
Reach
Heaven
Bigs
Manna
More quotes by Peter Drucker
The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
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Efficiency is doing better what is already being done.
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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.
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The productivity of people requires continuous learning, as the Japanese have taught us. It requires adoption in the West of the specific Japanese Zen concept where one learns to do better what one already does well.
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We have tried to substitute mass for purpose. We have tried to regain military potency of defense by making it gigantic, unwieldy, complex. It never works.
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One does not start with facts. One starts with opinions.
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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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Far too much reorganization goes on all the time. Organizitis is like a spastic colon.
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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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Mission defines strategy, and strategy defines structure.
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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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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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What is the major problem? It is fundamentally the confusion between effectiveness and efficiency that stands between doing the right things and doing things right. There is surely nothing quite so useless as doing with great efficiency what should not be done at all.
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When the business grows, the person who founded it is incredibly busy. Rapid growth puts an enormous strain on a business. You outgrow your production facilities. You outgrow your management capabilities.
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With Christianity, freedom and equality became the two basic concepts of Europe they are themselves Europe.
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Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
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Nobody in the world is as good at making decisions as the Japanese.
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Quality in a service or product is not what you put into it. It is what the client or customer gets out of it.
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The experience of the human race indicates strongly that the only person in abundant supply is the universal incompetent.
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Decisions of the kind the executive has to make are not made well by acclamation. They are made well only if based on the clash of conflicting views...The first rule in decision-making is that one does not make a decision unless there is disagreement.
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