Peter F. Drucker Quotes

Teaching is the only major occupation of man for which we have not yet developed tools that make an average person capable of competence and performance. In teaching we rely on the "naturals," the ones who somehow know how to teach.

Peter F. Drucker

Management is doing things right; leadership is doing the right things.

Peter F. Drucker

Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes.

Peter F. Drucker

We know nothing about motivation. All we can do is write books about it.

Peter F. Drucker

A business exists to create a customer

Peter F. Drucker

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 F. Drucker

Entrepreneurs innovate. Innovation is the specific instrument of entrepreneurship. It is the act that endows resources with a new capacity to create wealth.

Peter F. Drucker

Meetings are a symptom of bad organization. The fewer meetings the better.

Peter F. Drucker

The only things that evolve by themselves in an organization are disorder, friction, and malperformance.

Peter F. Drucker

Today knowledge has power. It controls access to opportunity and advancement.

Peter F. Drucker

Unless commitment is made, there are only promises and hopes; but no plans.

Peter F. Drucker

Whenever you see a successful business, someone once made a courageous decision

Peter F. Drucker

Quality in a product or service is not what the supplier puts in. It is what the customer gets out and is willing to pay for. A product is not quality because it is hard to make and costs a lot of money, as manufacturers typically believe. This is incompetence. Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.

Peter F. Drucker

So much of what we call management consists in making it difficult for people to work

Peter F. Drucker

Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folklore and superstition, and of cooperation for force. . .

Peter F. Drucker

Time is the scarcest resource of the manager; If it is not managed, nothing else can be managed

Peter F. Drucker

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