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We can ill afford to have activities conducted as non-profit, that is, as activities that devour capital rather than form it, if they can be organized as activities that form capital, as activities that make a profit.
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
Organized
Profit
Activity
Devour
Rather
Conducted
Form
Activities
Make
Afford
Capital
Ill
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A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths.
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Leadership is not rank, privileges, title or money. It is responsibility.
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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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Of those things that would make a difference, which are right for me?
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Fortunately or unfortunately, the one predictable thing in any organization is the crisis. That always comes. That's when you do depend on the leader: The job of the leader is to build an organization that is battle-ready, that has high morale, that knows how to behave, that trusts itself, and where people trust one another.
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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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A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.
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Adversarial power relationships only work if you never have to see or work with the bastards again.
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Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility, unable to change
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The best way to predict the future is to create it.
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Most of what we call management consists of making it difficult for people to get their work done.
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We always remember best the irrelevant.
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