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
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.
years decision risk
A management decision is irresponsible if it risks disaster this year for the sake of a grandiose future.
numbers risk needs
To be effective, every knowledge worker, and especially every executive, therefore needs to dispose of time in fairly large chunks. To have small dribs and drabs of time at his disposal will not be sufficient even if the total is an impressive number of hours.
people boss risk
A manager's task is to make the strengths of people effective and their weakness irrelevant - and that applies fully as much to the manager's boss as it applies to the manager's subordinates.
responsibility risk firsts
The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it.
successful risk innovators
Most innovators are successful to the extent to which they define risks and confine them.
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.
accomplishment risk important
Promotion should not be more important than accomplishment, or avoiding instability more important than taking the right risk.
stupid boss risk
Never underrate the boss! The boss may look illiterate. He may look stupid. But there is no risk at all in overrating a boss. If you underrate him he will bitterly resent it or impute to you the deficiency in brains and knowledge you imputed to him.
yesterday risk definitions
All economic activity is by definition "high risk." And defending yesterday--that is, not innovating--is far more risky than making tomorrow.
inspirational risk
There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.
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.