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The enterprise can fulfill its human and social functions only if it prospers as a business.
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
Humans
Prospers
Functions
Fulfill
Enterprise
Function
Business
Social
Human
More quotes by Peter Drucker
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.
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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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Every three or four years I pick a new subject. It may be Japanese art it may be economics. Three years of study are by no means enough to master a subject but they are enough to understand it. SO for more than 60 years I have kept studying one subject at a time.
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Profit is not a cause but a result-
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All good strategy eventually degenerates into work.
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Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.
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Systematic change requires a willingness to look on change as an opportunity.
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There's an enormous number of managers who have retired on the job.
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Knowledge is power, which is why people who had it in the past often tried to make a secret of it. In post-capitalism, power comes from transmitting information to make it productive, not from hiding it.
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An employer has no business with a man's personality... The task is not to change personality, but to enable a person to achieve and to perform.
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The most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question.
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The need to manage oneself is creating a revolution in human affairs.
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A manager is responsible for the application and performance of knowledge.
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Trust is congruence between what you say and what you do.
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The best way to predict the future is to create it.
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In the Western tradition, we have focused on teaching as a skill and forgotten what Socrates knew: teaching is a gift, learning is a skill.
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Vision without execution is delusion. The joy is in the results
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To make the future demands courage. It demands work. But it also demands faith.
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The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether business or nonbusiness, will be its knowledge, workers, and their productivity.
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Elephants have a hard time adapting. Cockroaches outlive everything.
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