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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
Business
Social
Human
Humans
Prospers
Functions
Fulfill
Enterprise
Function
More quotes by Peter Drucker
No financial man will ever understand business because financial people think a company makes money. A company makes shoes, and no financial man understands that. They think money is real. Shoes are real.
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Effective organizations put people in jobs in which they can do the most good. They place people -- and allow people to place themselves -- according to their strengths.
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Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership.
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Efficiency is doing better what is already being done.
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Business exists to supply goods and services to customers and economic surplus to society, rather than to supply jobs to workers and managers or even dividends to shareholders.
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There's no such thing as knowledge management there are only knowledgeable people. Information only becomes knowledge in the hands of someone who knows what to do with it.
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The days of the 'intuitive' manager are numbered.
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If you want to predict the future create it.
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Don't take on things you don't believe in and that you yourself are not good at. Learn to say no. Effective leaders match the objective needs of their company with the subjective competencies. As a result, they get an enormous amount of things done fast.
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The tool user, provided the tool is made well, need not, and indeed should not, know anything about the tool.
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Of those things that would make a difference, which are right for me?
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Working with people is difficult, but not impossible.
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Never ask who's right. Start out by asking what is right. And you find that out by listening to dissenting, disagreeing opinions.
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Plans are only good intentions unless they immediately degenerate into hard work.
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What people in business think they know about the customer and market is likely to be more wrong than right...the customer rarely buys what the business thinks it sells him.
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Every organization must be prepared to abandon everything it does to survive in the future.
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The individual is the central, rarest, most precious capital resource of our society.
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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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What can I contribute that will significantly affect the performance and the results of the institution I serve?
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Understanding our strengths, articulating our values, knowing where we belong -- these are also essential to addressing one of the great challenges of organizations: improving the abysmally low productivity of knowledge workers.
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