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Every enterprise is learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.

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
Every
Training
Never
Built
Teaching
Development
Levels
Learning
Institution
Stop
Enterprise
Must
Institutions

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The individual is the central, rarest, most precious capital resource of our society.
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What's absolutely unforgivable is the financial benefit top management people get for laying off people. There's no excuse for it. No justification. No explanation. This is morally and socially unforgivable, and we'll pay a very nasty price.
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For new technology to replace old, it has to have at least ten times the benefit.
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I find more and more executives less and less well informed about the outside world, if only because they believe that the data on the computer printouts are ipso facto information.
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The first step toward making the worker achieving is to make work productive.
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The honest work of yesterday has lost its social status, its social esteem.
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What we are good at comes easy, and we believe that unless it comes hard, it can't be very good.
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It's amazing how many things busy people are doing that never will be missed.
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The job of a professional manager is not to like people. It is not to change people. It is to put their strengths to work.
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As a rule we perceive what we expect to perceive... The unexpected is usually not received at all.
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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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Leadership is not rank, privileges, title or money. It is responsibility.
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That people even in well paid jobs choose ever earlier retirement is a severe indictment of our organizations - not just business, but government service, the universities. These people don't find their jobs interesting.
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Here I am, fifty-eight, and I still don't know what I'm going to be when I grow up.
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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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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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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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