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People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.
Peter Drucker -
Communication is always 'propaganda.' The emitter always wants 'to get something across.'
Peter Drucker
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Growth as a goal, to repeat, is delusion. William James, the American philosopher, talked of the 'bitch goddess success.' A philosopher of business today might well talk of the 'bitch goddess growth.'
Peter Drucker -
One cannot hire a hand; the whole man always comes with it.
Peter Drucker -
Tomorrow everybody - or practically everybody - will have had the education of the upper class of yesterday, and will expect equivalent opportunities. That is why we face the problem of making every kind of job meaningful and capable of satisfying every educated man.
Peter Drucker -
We no longer even understand the question whether change is by itself good or bad, ...We start out with the axiom that it is the norm. We do not see change as altering the order... We see change as being order itself-indeed the only order we can comprehend today is a dynamic, a moving, a changing one.
Peter Drucker -
Unless commitment is made, there are only promises and hopes... but no plans.
Peter Drucker -
If 'socialism' is defined as 'ownership of the means of production'-and this is both the orthodox and the only rigorous definition-then the United States is the first truly Socialist country.
Peter Drucker
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And no matter how serious an environmental problem the automobile poses in today's big city, the horse was dirtier, smelled worse, killed and maimed more people, and congested the streets just as much.
Peter Drucker -
Executives do many things in addition to making decisions. But only executives make decisions. The first managerial skill is, therefore, the making of effective decisions.
Peter Drucker -
Success always obsoletes the very behavior that achieved it.
Peter Drucker -
The major incentive to productivity and efficiency are social and moral rather than financial.
Peter Drucker -
Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes.
Peter Drucker -
Ideas are somewhat like babies-they are born small, immature, and shapeless. They are promise rather than fulfillment. In the innovative company executives do not say, 'This is a damn-fool idea.' Instead they ask, 'What would be needed to make this embryonic, half-baked, foolish idea into something that makes sense, that is an opportunity for us?'
Peter Drucker
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It does not matter whether the worker wants responsibility or not, ...The enterprise must demand it of him.
Peter Drucker -
Top management as a function and as a structure was first developed by Georg von Siemens (1839-1901) in Germany between 1870 and 1880, when he designed and built the Deutsche Bank and made it, within a very few years, into continental Europe's leading and most dynamic financial institution.
Peter Drucker -
There is a point at which a transformation has to take place.
Peter Drucker -
Equally striking is the fact that racial anti-Semitism was not taken seriously even by the great majority of Nazis. ‘It is just a catchword to attract voters’ was a standing phrase which everybody repeated and believed, and that I took it seriously was more than once regarded as definite proof of my stupidity and gullibility.
Peter Drucker -
One reason for the tremendous increase in health-care costs in the U.S. is managerial neglect of the 'hotel services' by the people who dominate the hospital, such as doctors and nurses.
Peter Drucker -
Rank does not confer privilege or give power. It imposes responsibility.
Peter Drucker
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Organizationally what is required - and evolving - is systems management.
Peter Drucker -
Plans are only good intentions unless they immediately degenerate into hard work.
Peter Drucker -
Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.
Peter Drucker -
The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
Peter Drucker