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
play people focus
The great mystery isn't that people do things badly but that they occasionally do a few things well. The only thing that is universal is incompetence. Strength is always specific! Nobody ever commented, for example, that the great violinist Jascha Heifetz probably couldn't play the trumpet very well.
business mean corporations
The corporation is the "master", the employee is the "servant". Because the corporation owns the means of production without which the employee could not make a living, the employee needs the corporation more than vice versa.
communication mean commitment
Objectives are not fate; they are direction. They are not commands; they are commitments. They do not determine the future; they are a means to mobilize resources and energies of the business for the making of the future.
character tasks genius
There is one qualification the manager cannot acquire but must bring to the task. It is not genius; it is character.
art mean years
Every three or four years I pick a new subject. It may be Japanese art; it may be economics. Three years of study are by no means enough to master a subject but they are enough to understand it. SO for more than 60 years I have kept studying one subject at a time.
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.
jobs use tools
You must accept that if the computer is a tool, it is the job of tool user to know what to use it for.
balance cost assumption
Balance Sheets are meaningless. Our accounting systems are still based on the assumption that 80% of costs are manual labor.