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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
Manufacture
Companies
Service
Products
Company
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More quotes by Peter Drucker
As with every phenomenon of the objective universe, the first step toward understanding work is to analyze it.
Peter Drucker
The productivity of people requires continuous learning, as the Japanese have taught us. It requires adoption in the West of the specific Japanese Zen concept where one learns to do better what one already does well.
Peter Drucker
Increasingly, politics is not about who gets what, when, how but about values, each of them considered to be absolute. Politics is about the right to life...It is about the environment. It is about gaining equality for groups alleged to be oppressed...None of these issues is economic. All are fundamentally moral.
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All good strategy eventually degenerates into work.
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Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist and cannot yet be clearly defined.
Peter Drucker
[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
The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it.
Peter Drucker
The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become everybody's entitlement and an increasing burden on those who produce.
Peter Drucker
The 1st question the effective decision-maker asks is: 'Is this a generic situation or an exception?'
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There's an enormous number of managers who have retired on the job.
Peter Drucker
The best way to predict the future is to create it.
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Today knowledge has power. It controls access to opportunity and advancement.
Peter Drucker
In the modern corporation the decisive power, that of the managers , is derived from no one but the managers themselves controlled by nobody and nothing and responsible to no one. It is in the most literal sense unfounded, unjustified, uncontrolled and irresponsible power.
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The leader of the past was a person who knew how to tell. The leader of the future will be a person who knows how to ask.
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[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.
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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.
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Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service.
Peter Drucker
Succession planning often results in the selection of a weaker representation of yourself.
Peter Drucker
If general perception changes from seeing the glass as 'half-full' to seeing it as 'half empty' there are major innovative opportunities.
Peter Drucker
The essence of management is to make knowledge productive.
Peter Drucker