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All companies are service companies some also manufacture products.

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
Products
Company
Also
Manufacture
Companies
Service

More quotes by Peter Drucker

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Without institution there is no management. But without management there is no institution.
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We know nothing about motivation. All we can do is write books about it.
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The most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question.
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One has to make a decision when a condition is likely to degenerate if nothing is done.
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Because its purpose is to create a customer, the business enterprise has two - and only these two — basic functions: marketing and innovation. Marketing and innovation produce results all the rest are 'costs'.
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If you're not living life on the edge, you're taking up too much space. The best way to predict the future is to create it.
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The 1st question the effective decision-maker asks is: 'Is this a generic situation or an exception?'
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The greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships based... on partnership.
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Time is the scarcest resource and unless it is managed nothing else can be managed.
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The basic economic resource - the means of production - is no longer capital, nor natural resources, nor labor. It is and will be knowledge.
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One does not manage people. The task is to lead people.
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To survive and succeed, every organization will have to turn itself into a change agent
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Profit is not a cause but a result-
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Today knowledge has power. It controls access to opportunity and advancement.
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Vision without execution is delusion. The joy is in the results
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Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
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For new technology to replace old, it has to have at least ten times the benefit.
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Trust is congruence between what you say and what you do.
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Knowledge applied is productivity.
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If you want it, measure it. If you can't measure it, forget it.
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