1909-, American Management Consultant, Author
Business has only two functions — marketing and innovation.
Peter F. Drucker – [Business]
Concentration is the key to economic results. No other principles of effectiveness is violated as constantly today as the basic principle of concentration.
Peter F. Drucker – [Concentration]
Decision making is the specific executive task.
Peter F. Drucker – [Decisions]
Education can no longer be the sole property of the state.
Peter F. Drucker – [Education]
Efficiency is doing better what is already being done.
Peter F. Drucker – [Efficiency]
Everything must degenerate into work if anything is to happen.
Peter F. Drucker – [Work]
Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted this unique, irreplaceable, and necessary resource. Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
Peter F. Drucker – [Time and Time Management]
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. It is capable of being presented as a discipline, capable of being learned, capable of being practiced. Entrepreneurs need to search purposefully for the sources of innovation, the changes and their symptoms that indicate opportunities for successful innovation. And they need to know and to apply the principles of successful innovation.
Peter F. Drucker – [Innovation]
Knowledge has to be improved, challenged, and increased constantly, or it vanishes.
Peter F. Drucker – [Knowledge]
Leadership is not magnetic personality–that can just as well be a glib tongue. It is not making friends and influencing people –that is flattery. Leadership is lifting a person's vision to higher sights, the raising of a person's performance to a higher standard, the building of a personality beyond its normal limitations.
Peter F. Drucker – [Leaders and Leadership]
Management by objective works — if you know the objectives. Ninety percent of the time you don't.
Peter F. Drucker – [Management]
Management is doing things right; leadership is doing the right things.
Peter F. Drucker – [Leaders and Leadership]
Meetings are a symptom of bad organization. The fewer meetings the better.
Peter F. Drucker – [Committees and Meetings]
My greatest strength as a consultant is to be ignorant and ask a few questions.
Peter F. Drucker – [Ask]
Objectives are not fate; they are direction. They are not commands; they are commitments. They do not determine the future; they are means to mobilize the resources and energies of the business for the making of the future.
Peter F. Drucker – [Goals]
One cannot buy, rent or hire more time. The supply of time is totally inelastic. No matter how high the demand, the supply will not go up. There is no price for it. Time is totally perishable and cannot be stored. Yesterday's time is gone forever, and will never come back. Time is always in short supply. There is no substitute for time. Everything requires time. All work takes place in, and uses up time. Yet most people take for granted this unique, irreplaceable and necessary resource.
Peter F. Drucker – [Time and Time Management]
So much of what we call management consists in making it difficult for people to work.
Peter F. Drucker – [Management]
Start with what is right rather than what is acceptable.
Peter F. Drucker – [Action]
The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
Peter F. Drucker – [Advertising]
The best way to predict the future is to create it.
Peter F. Drucker – [Future]