Peter Drucker

When a subject...

When a subject...

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

Source: In...

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My greatest strength...

My greatest strength...

My greatest strength as a consultant is to be ignorant and ask a few questions.

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Don't try to...

Don't try to...

Don't try to innovate for the future. Innovate for the present!

Source: In The...

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There is nothing...

There is nothing...

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

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Business has only...

Business has only...

Business has only two basic functions-marketing and innovation.

Source: In Quote...

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Concentration is the...

Concentration is the...

Concentration is the key to economic results. No other principles of effectiveness is violated as constantly today as...

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Charisma becomes the...

Charisma becomes the...

Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility, unable to...

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A business exists...

A business exists...

A business exists to create a customer.

Source: In

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Efficiency is doing...

Efficiency is doing...

Efficiency is doing better what is already being done.

Source: In

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Management means, in...

Management means, in...

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

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In all recorded...

In all recorded...

In all recorded history there has not been one economist who had to worry about where his next meal was coming...

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Everything must degenerate...

Everything must degenerate...

Everything must degenerate into work if anything is to happen.

Source: In

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Decision making is...

Decision making is...

Decision making is the specific executive task.

Source: In

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Elephants have a...

Elephants have a...

Elephants have a hard time adapting. Cockroaches outlive everything.

Source: Forbes...

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As to the...

As to the...

As to the idea that advertising motivates people, remember the Edsel.

Source: In...

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Knowledge has to...

Knowledge has to...

Knowledge has to be improved, challenged, and increased constantly, or it vanishes.

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If a government...

If a government...

If a government commission had worked on the horse, you would have the first horse that could operate its knee joint...

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In business school...

In business school...

In business school classrooms they construct wonderful models of a non-world.

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Growth that adds...

Growth that adds...

Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is...

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Because its purpose...

Because its purpose...

Because its purpose is to create a customer, the business has two - and only two - basic functions: marketing and...

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