Share
×
Inspirational Quotes
Authors
Professions
Topics
Tags
Quote
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
Share
Change background
T
T
T
Change font
Original
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
Rather
Conducted
Form
Activities
Make
Afford
Capital
Ill
Organized
Profit
Activity
Devour
More quotes by Peter Drucker
The individual is the central, rarest, most precious capital resource of our society.
Peter Drucker
Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
Peter Drucker
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.
Peter Drucker
The single most important thing to remember about any enterprise is that results exist only on the outside.The result of a business is a satisfied customer. The result of a hospital is a satisfied patient. The result of a school is a student who has learned something and puts it to work ten years later. Inside an enterprise there are only costs.
Peter Drucker
One cannot manage change. One can only be ahead of it.
Peter Drucker
There are two types of people in the business community: those who produce results and those who give you reasons why they didn't.
Peter Drucker
The first step toward making the worker achieving is to make work productive.
Peter Drucker
You cannot prevent a major catastrophe, but you can build an organization that is battle-ready, where people trust one another. In military training, the first rule is to instill soldiers with trust in their officers - because without trust, they won't fight.
Peter Drucker
Our job in life is to make a positive difference, not prove we're right.
Peter Drucker
One does not start with facts. One starts with opinions.
Peter Drucker
The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be fast.
Peter Drucker
Some of the best business and nonprofit CEOs I've worked with over a sixty-five-year consulting career were not stereotypical leaders. They were all over the map in terms of their personalities, attitudes, values, strengths, and weaknesses.
Peter Drucker
It is commonly believed that innovations create changes - but few ever do. Successful innovations exploit changes that have already happened.
Peter Drucker
It has been said, and only half in jest, that a tough, professionally led union is a great force for improving management performance. It forces the manager to think about what he is doing and to be able to explain his actions and behavior.
Peter Drucker
An effective executive builds on strengths - their own strengths, the strengths of superiors, colleagues, subordinates, and on the strength of the situation.
Peter Drucker
Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society - its worldview, its basic values, its social and political structures, its art, its key institutions - rearranges itself. We are currently living through such a time.
Peter Drucker
All companies are service companies some also manufacture products.
Peter Drucker
Most innovators are successful to the extent to which they define risks and confine them.
Peter Drucker
The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether business or nonbusiness, will be its knowledge, workers, and their productivity.
Peter Drucker
Meetings are a symptom of bad organization. The fewer meetings the better.
Peter Drucker