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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
Enterprise
Function
Business
Social
Human
Humans
Prospers
Functions
Fulfill
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Nobody in the world is as good at making decisions as the Japanese.
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We can't make people better by trying to eliminate their weaknesses, but we can help then perform better by building on their strengths.
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The best way to predict the future is to create it.
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The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the MANUAL WORKER in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of KNOWLEDGE WORK and the KNOWLEDGE WORKER.
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Effective people are not problem minded they're opportunity-minded. They feed opportunities and starve problems. They think preventively.
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The essence of management is to make knowledge productive.
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It’s up to you to carve out your place, to know when to change course, and to keep yourself engaged and productive during a work life that may span some 50 years.
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Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
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The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it.
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Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.
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Most of what we call management consists of making it difficult for people to get their work done.
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Every success creates new opportunities. So does every failure.
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Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
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Increasingly, politics is not about who gets what, when, how but about values, each of them considered to be absolute. Politics is about the right to life...It is about the environment. It is about gaining equality for groups alleged to be oppressed...None of these issues is economic. All are fundamentally moral.
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We do not need more laws . No country suffers from a shortage of laws. We need a new model .
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The dilemma of modern society: the conflict between the need for capital formation at a high rate and the popular condemnation of interest and dividends as unearned income and capitalist, if not as sinful and wicked.
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The strength of the computer lies in its being a logic machine. It does precisely what it is programed to do. This makes it fast and precise. It also makes it a total moron for logic is essentially stupid.
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Salvation by society failed the most where it promised the most, in the communist countries. But it also failed in the West. Practically no government program enacted since the 1950s in the Western world - or in the communist countries - has been successful.
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Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion.
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When Henry Ford said, The customer can have a car in any color as long as it's black, he was not joking.
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