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
years organization minorities
The society of organizations is new-only seventy years ago employees were a small minority in every society.
retail insurance-companies company
Value added" is a meaningless concept for a retail business , for a bank, for a life insurance company, and for any other business which is not primarily engaged in manufacturing.
meaningful life-and-death despair
Sören Kierkegaard has another answer: human existence is possible as existence not in despair, as existence not in tragedy; it is possible as existence in faith... Faith is the belief that in God the impossible is possible, that in Him time and eternity are one, that both life and death are meaningful.
purpose missions customers
To satisfy the customer is the mission and purpose of every business.
important needs knowledge-workers
The most important contribution management needs to make in the 21st century is ... to increase the productivity of knowledge work and the knowledge worker
yesterday tomorrow
Defending yesterday is far more risky than making tomorrow.
opportunity doe new-opportunity
Every success creates new opportunities. So does every failure.
government advice pieces
No single piece of macroeconomic advice given by the experts to their government has ever had the results predicted.
men decision challenges
"The area in which the executive first encounters the challenge of strength is in staffing. The effective executive fills positions and promotes on the basis of what a man can do. He does not make staffing decisions to minimize weaknesses but to maximize strength."
teaching mba skills
Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - accounting and what have you - but you can't teach them management.
military organization people
The most important decisions in organizations are people decisions, and yet only the military, and only recently, has begun to ask, "If we assign this general to lead this base, what do we expect him to accomplish?"
care time-management making-time
Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
keys world economy
Knowledge has become the key resource of the world economy.
achievement
Leadership is an achievement of trust.