Quote

The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let the successor run the company.

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
Well
Tests
Successor
Greatness
Successors
Step
Ceo
Steps
Chooses
Company
Aside
Whether
Final
Running
Finals
Wells
Test

More quotes by Peter Drucker

Image
Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for force. It means the substitution of responsibility for obedience to rank, and of authority of performance for the authority of rank.
Peter Drucker
Image
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
Image
There is every indication that the period ahead will be an innovative one, one of rapid change in technology , society , economy , and institutions .
Peter Drucker
Image
Leadership is lifting a person's vision to high sights, the raising of a person's performance to a higher standard, the building of a personality beyond its normal limitations.
Peter Drucker
Image
It's amazing how many things busy people are doing that never will be missed.
Peter Drucker
Image
When Henry Ford said, The customer can have a car in any color as long as it's black, he was not joking.
Peter Drucker
Image
Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
Peter Drucker
Image
Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
Peter Drucker
Image
Successful people know they need to get many things done-and done effectively. Therefore, they concentrate their time and energy on doing one thing at a time-and on doing first things firs.
Peter Drucker
Image
The question that faces the strategic decision maker is not what his organisation should do tomorrow. It is, what do we have to do today to be ready for an uncertain tomorrow?
Peter Drucker
Image
Management is not being brilliant. Management is being conscientious.
Peter Drucker
Image
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.
Peter Drucker
Image
Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, Let's do a little bit of everything.
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
Mother Teresa's numerical results were not her greatest contribution. Instead, she made the world-and especially India-conscious of compassion.
Peter Drucker
Image
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.
Peter Drucker
Image
Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
Peter Drucker
Image
The talk you hear about adapting to change is not only stupid, it's dangerous. The only way you can manage change is to create it.
Peter Drucker
Image
Doing the right thing is more important than doing the thing right.
Peter Drucker
Image
[T]hroughout the ages to be educated meant to be unproductive.... our word school - and its equivalent in all European languages - derives from a Greek word meaning leisure.
Peter Drucker