Peter Drucker
Peter Drucker
Peter Ferdinand Druckerwas an Austrian-born American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation. He was also a leader in the development of management education, he invented the concept known as management by objectives and self-control, and he has been described as "the founder of modern management"...
ProfessionNon-Fiction Author
Date of Birth19 November 1909
Peter Drucker quotes about
education sole states
Education can no longer be the sole property of the state.
organization important employee
Our most important education system is in the employees' own organization.
running risk needs
Tomorrow always arrives. It is always different. And even the mightiest company is in trouble if it has not worked on the future. Being surprised by what happens is a risk that even the largest and richest company cannot afford, and even the smallest business need not run.
planning plans invaluable
Plans are worthless, but planning is invaluable.
people raw-materials development
The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.
people impossible difficult
Working with people is difficult, but not impossible.
too-much reorganization goes-on
Far too much reorganization goes on all the time. Organizitis is like a spastic colon.
balance cost assumption
Balance Sheets are meaningless. Our accounting systems are still based on the assumption that 80% of costs are manual labor.
years assumption theory
The most probable assumption is that no currently working 'business theory' will be valid 10 years hence.
hype leader three
Leadership is all hype. We've had three great leaders in this century-Hitler, Stalin, and Mao.
important managers
What managers decide to stop doing is often more important than what they decide to do.
accomplishment risk important
Promotion should not be more important than accomplishment, or avoiding instability more important than taking the right risk.
innovation marketing cost
Marketing and innovation make money. Everything else is a cost.
writing years four
For the first four years, no new enterprise produces profits. Even Mozart didn't start writing music until he was four.