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
information able purpose
The purpose of information is not knowledge. It is being able to take the right action.
information economy born
We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
business power information
Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.
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.
strength wise information-knowledge
Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.
mean information action
The knowledge that we consider knowledge proves itself in action. What we now mean by knowledge is information in action, information focused on results.
communication information hiding
Knowledge is power. In post-capitalism, power comes from transmitting information to make it productive, not hiding it.
man mistakes
The better a man is the more mistakes he will make for the more things he will try.
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.
communication hear
The most important thing in communication is to hear what isn't being said.
costs customers gives hard pay product quality
A product is not quality because it is hard to make and costs a lot of money, as manufacturers typically believe. This is incompetence. Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.
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.
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.
inspirational success confidence
Whenever you see a successful business, someone once made a courageous decision.