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Our most important education system is in the employees' own organization.
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
Important
Employees
Employee
Organization
System
Education
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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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You can't manage what you don't measure.
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Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake.
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Do the right things instead of trying to do everything right.
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Defending yesterday is far more risky than making tomorrow.
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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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If a manager spends more than 10 percent of his time on human relations the group is probably too large.
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You cannot build performance on weaknesses. You can build only on strengths.
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Executives do many things in addition to making decisions. But only executives make decisions. The first managerial skill is, therefore, the making of effective decisions.
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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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If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.
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No one learns as much about a subject as one who is forced to teach it.
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With Christianity, freedom and equality became the two basic concepts of Europe they are themselves Europe.
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Any organisation develops people it either forms them or deforms them.
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The experience of the human race indicates strongly that the only person in abundant supply is the universal incompetent.
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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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