Quote

The enterprise can fulfill its human and social functions only if it prospers as a business.

Peter Drucker

Change background

T
T
T

Change font

TAGS & TOPICS

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
Social
Human
Humans
Prospers
Functions
Fulfill
Enterprise
Function
Business

More quotes by Peter Drucker

Image
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.
Peter Drucker
Image
To be a manager requires more than a title, a big office, and other outward symbols of rank. It requires competence and performance of a high order.
Peter Drucker
Image
Strong people have strong weaknesses.
Peter Drucker
Image
As with every phenomenon of the objective universe, the first step toward understanding work is to analyze it.
Peter Drucker
Image
Communism is evil. Its driving forces are the deadly sins of envy and hatred.
Peter Drucker
Image
There is no perfect strategic decision. One always has to pay a price. One always has to balance conflicting objectives, conflicting opinions, and conflicting priorities. The best strategic decision is only an approximation - and a risk.
Peter Drucker
Image
Our society has become an employee society.
Peter Drucker
Image
We live in an age of unprecedented opportunity: If you’ve got ambition and smarts, you can rise to the top of your chosen profession, regardless of where you started out.
Peter Drucker
Image
An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction.
Peter Drucker
Image
Nobody in the world is as good at making decisions as the Japanese.
Peter Drucker
Image
The large organization has to learn to innovate, or it won't survive.
Peter Drucker
Image
The purpose of information is not knowledge. It is being able to take the right action.
Peter Drucker
Image
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.
Peter Drucker
Image
The only industries that function well are the industries that take responsibility for training. The Japanese, you know, assume that when you first come to work you know absolutely nothing. School isn't preparation for work and never was.
Peter Drucker
Image
Success in the knowledge economy comes to those who know themselves - their strengths, their values, and how they best perform.
Peter Drucker
Image
No decision has been made unless carrying it out in specific steps has become someone's work assignment and responsibility.
Peter Drucker
Image
Innovation requires us to systematically identify changes that have already occurred in a business - in demographics, in values, in technology or science - and then to look at them as opportunities. It also requires something that is most difficult for existing companies to do: to abandon rather than defend yesterday.
Peter Drucker
Image
Every single social and global issue of our day is a business opportunity in disguise.
Peter Drucker
Image
The correct assumption is that what individuals have learned by age twenty-one will begin to become obsolete five to ten years later and will have to be replaced-or at least refurbished-by new learning, new skills, new knowledge.
Peter Drucker
Image
The moment people talk of implementing instead of doing, and of finalizing instead of finishing, the organization is already running a fever.
Peter Drucker