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A man should never be appointed into a managerial position if his vision focuses on people's weaknesses rather than on their strengths.
Peter Drucker -
A success that has outlived its usefulness may, in the end, be more damaging than failure.
Peter Drucker
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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.
Peter Drucker -
The better a man is, the more mistakes will he make - for the more new things he will try. I would never promote a man into a top level job who had not made mistakes, and big ones at that. Otherwise he is sure to be mediocre.
Peter Drucker -
A tool is not necessarily better because it is bigger. A tool is best if it does the job required with a minimum of effort, with a minimum of complexity, and with a minimum of power.
Peter Drucker -
Never mind your happiness; do your duty.
Peter Drucker -
Keep the boss aware. Bosses, after all, are held responsible by their own bosses for the performance of their subordinates. They must be able to say: 'I know what Anne or John is trying to do.'
Peter Drucker -
We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
Peter Drucker
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All economic activity is by definition 'high risk.' And defending yesterday-that is, not innovating-is far more risky than making tomorrow.
Peter Drucker -
The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
Peter Drucker -
The best way to predict the future is to create it.
Peter Drucker -
Fascism is the stage reached after communism has proved an illusion. And it has been proven as much of an illusion in Stalinist Russia as it proven an illusion in pre-Hitler Germany. Communism in anything but name was abandoned in Russia when the Five-Year Plan was substituted for the New Economic Policy (NEP) after Lenin’s death.
Peter Drucker -
The society of organizations\\ is new-only seventy years ago employees were a small minority in every society.
Peter Drucker -
No institution can possibly survive if it needs geniuses or supermen to manage it. It must be organized in such a way as to be able to get along under a leadership composed of average human beings.
Peter Drucker
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The basic definition of the business and of its purpose and mission have to be translated into objectives.
Peter Drucker -
The fault is in the system and not in the men.
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.
Peter Drucker -
A manager is responsible for the application and performance of knowledge.
Peter Drucker -
The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.
Peter Drucker -
The rule should be to minimize the need for people to get together to accomplish anything.
Peter Drucker
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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.
Peter Drucker -
That knowledge has become the resource, rather than a resource, is what makes our society 'post-capitalist.
Peter Drucker -
Morale in an organization does not mean that 'people get along together'; the test is performance not conformance.
Peter Drucker -
Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.
Peter Drucker