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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
Service
Products
Company
Also
Manufacture
Companies
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When a resource is scarce, you increase its yield.
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The world political system is till based on the concept of the national sovereign state. For the first time therefore, in three hundred years economy and sovereignty are becoming divorced from each other.
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Any organisation develops people it either forms them or deforms them.
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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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If you want to predict the future create it.
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The enterprise can fulfill its human and social functions only if it prospers as a business.
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Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.
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Every enterprise is learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.
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There's an enormous number of managers who have retired on the job.
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The task of leadership is to create an alignment of strengths so strong that it makes the system's weaknesses irrelevant.
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Understanding our strengths, articulating our values, knowing where we belong -- these are also essential to addressing one of the great challenges of organizations: improving the abysmally low productivity of knowledge workers.
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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.
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The Pertinent Question is NOT how to do things right - but how to find the right things to do, and to concentrate resources and efforts on them.
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Leaders shouldn?t attach moral significance to their ideas: Do that, and you can?t compromise.
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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 individual needs the return to spiritual values, for he can survive in the present human situation only by reaffirming that man is not just a biological and psychological being but also a spiritual being, that is creature, and existing for the purposes of his Creator and subject to Him.
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One cannot hire a hand the whole man always comes with it.
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Vision without execution is delusion. The joy is in the results
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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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Nobody can predict the future the idea is to have a firm grasp of the present.
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