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
leadership responsibility leader
The leader sees leadership as responsibility rather than as rank and privilege.
numbers risk needs
To be effective, every knowledge worker, and especially every executive, therefore needs to dispose of time in fairly large chunks. To have small dribs and drabs of time at his disposal will not be sufficient even if the total is an impressive number of hours.
exercise people appreciate
I would hope that American managers-indeed, managers worldwide-continue to appreciate what I have been saying almost from day one: that management is so much more than exercising rank and privilege, that it is much more than "making deals." Management affects people and their lives.
people boss risk
A manager's task is to make the strengths of people effective and their weakness irrelevant - and that applies fully as much to the manager's boss as it applies to the manager's subordinates.
responsibility risk firsts
The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it.
lying stupid machines
The strength of the computer lies in its being a logic machine. It does precisely what it is programed to do. This makes it fast and precise. It also makes it a total moron; for logic is essentially stupid.
effectiveness keys priorities
Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, "Let's do a little bit of everything."
people
People are effective because they say 'no,' because they say, 'this isn't for me.'
technology data organization
Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.
keys management economic
Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.
entrepreneur decision done
One has to make a decision when a condition is likely to degenerate if nothing is done.
mistake decision answers
The most common source of mistakes in management decisions is the emphasis on finding the right answer rather than the right question.
responsibility privilege titles
Leadership is not rank, privileges, title or money. It is responsibility.
people tasks joints
The task of management is to make people capable of joint performance, to make their strengths effective and their weaknesses irrelevant.