Peter Drucker Quotes

Management by objectives works if you first think through your objectives. Ninety percent of the time you haven`t.

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

Plans are only good intentions unless they immediately degenerate into hard work.

There is nothing so useless as doing efficiently that which should not be done at all.

"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. . .

We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.

In all recorded history there has not been one economist who has had to worry about where the next meal would come from.

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

Almost everybody today believes that nothing in economic history has ever moved as fast as, or had a greater impact than, the Information Revolution. But the Industrial Revolution moved at least as fast in the same time span, and had probably an equal impact if not a greater one.

The computer is a moron.

The most important thing in communication is to hear what isn`t being said.

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.

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

The computer is a moron.

When a subject becomes totally obsolete we make it a required course.

Business, that`s easily defined - it`s other people`s money.

Time is the scarcest resource and unless it is managed nothing else can be managed.

Most of what we call management consists of making it difficult for people to get their work done.