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
leader undoing charisma
Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility, unable to change
land important today
In todays economy, the most important resource is no longer labor, capital or land; it is knowledge
mistake safe phony
The one person to distrust is the one who never makes a mistake. Either he is a phony, or he stays with the safe, the tried, and the trivial.
time resources
Time is the scarcest resource....
discipline magic mysterious
Most of what you hear about entrepreneurshi p is all wrong. It's not magic; it's not mysterious; and it has nothing to do with genes. It's a discipline and, like any discipline, it can be learned.
society our-society individual
The individual is the central, rarest, most precious capital resource of our society.
pursuit contribution
Replace your pursuit of success with the pursuit of contribution.
achiever
The single minded ones, the monomaniacs, are the only true achievers
race what-matters leader
The three most charismatic leaders in this century inflicted more suffering on the human race than almost any trio in history: Hitler, Stalin, and Mao. What matters is not the leader's charisma. What matters is the leader's mission.
years two entrepreneur
Entrepreneurship rests on a theory of economy and society. The theory sees change as normal and indeed as healthy. And it sees the major task in society - and especially in the economy - as doing something different rather than doing better what is already being done. That is basically what Say, two hundred years ago, meant when he coined the term entrepreneur. It was intended as a manifesto and as a declaration of dissent: the entrepreneur upsets and disorganizes. As Joseph Schumpeter formulated it, his task is "creative destruction.
justified be-good enterprise
Free enterprise cannot be justified as being good for business. It can be justified only as being good for society.
time unique people
Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted this unique, irreplaceable, and necessary resource. Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.
business law forever
If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.
change long upheaval
Everybody has accepted by now that change is unavoidable. But that still implies that change is like death and taxes - it should be postponed as long as possible and no change would be vastly preferable. But in a period of upheaval, such as the one we are living in, change is the norm.