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
justified be-good enterprise
Free enterprise cannot be justified as being good for business. It can be justified only as being good for society.
sovereign criteria enterprise
Profitability is the sovereign criterion of the enterprise.
resources enterprise managers
Managers are the basic and scarcest resource of any business enterprise.
definitions resources enterprise
The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.
purpose definitions enterprise
Business enterprise is an organ of society. There is only one valid definition of business purpose: to create a customer.
social function enterprise
The enterprise can fulfill its human and social functions only if it prospers as a business.
generally mistakes people risks
People who don't take risks generally make about 2 big mistakes a year. People who do take risks generally make about 2 big mistakes a year.
basic concentration constantly economic key principle principles today violated
Concentration is the key to economic results. No other principles of effectiveness is violated as constantly today as the basic principle of concentration.
management ninety objectives percent time works
Management by objectives works if you know the objectives. Ninety percent of the time you don't.
management ninety objectives percent time works
Management by objectives works if you first think through your objectives. Ninety percent of the time you haven't.
leadership management
Management is doing a thing right; leadership is doing the right things.
resource time
Time is the scarcest resource of the manager; If it is not managed, nothing else can be managed.
beyond building higher leadership lifting magnetic normal people performance raising vision
Leadership is not magnetic personality/that can just as well be a glib tongue. It is not making friends and influencing people /that is flattery. Leadership is lifting a person's vision to higher sights, the raising of a person's performance to a higher standard, the building of a personality beyond its normal limitations.
apply behavior ethics individual rules
There is only one ethics, one set of rules of morality, one code: That of individual behavior in which the same rules apply to everyone alike.