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
causes results profit
Profit is not a cause but a result-
past entrepreneur shifting
Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.
spiritual men order
Fascism is the result of the collapse of Europe's spiritual and social order catastrophes broke through the everyday routine which makes men accept existing forms, institutions and tenets as unalterable natural laws. They suddenly exposed the vacuum behind the facade of society.
eggs ideas frogs
Ideas are like frog eggs: you've got to lay a thousand to hatch one.
communication empathy understanding
To improve communications, work not on the utter, but the recipient.
information becoming different
Knowledge is information that changes something or somebody - either by becoming grounds for actions, or by making an individual (or an institution) capable of different or more effective action.
tests purpose profit
Profit is not the purpose of a business, but rather the test of its validity
business real responsibility
The real development I've seen of people in organizations, especially in big ones, comes from their being volunteers in a nonprofit organization - where you have responsibility, you see results, and you quickly learn what your values are. There is no better way to understand your strengths and discover where you belong than to volunteer in a nonprofit. That is probably the great opportunity for the social sector - and especially in its relationship to business.
moving effectiveness steps
As soon as you move one step up from the bottom, your effectiveness depends on your ability to reach others through the spoken and written word.
business thinking temptation
The most critical case in a corporation, especially a big one, is when everything goes well, when you have accomplished your objectives. When the temptation is to work twice as hard instead of saying, "We have accomplished our objectives, we have to think again."
business events economic
If a business is to be considered a continuous process, instead of a series of disjointed stop-and-go events, then the economic universe in which a business operates-and all the major events within it-must have rhyme, rhythm, or reason.
strong tasks weakness
The task of leadership is to create an alignment of strengths so strong that it makes the system's weaknesses irrelevant.
running business marketing
A business exists because the consumer is willing to pay you his money. You run a business to satisfy the consumer. That isn't marketing. That goes way beyond marketing.
sovereign criteria enterprise
Profitability is the sovereign criterion of the enterprise.