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
work yesterday society
The honest work of yesterday has lost its social status, its social esteem.
yesterday evaluation energy
Unless strategy evaluation is performed seriously and systematically, and unless strategists are willing to act on the results, energy will be used up defending yesterday.
opportunity yesterday problem
It is more productive to convert an opportunity into results than to solve a problem - which only restores the equilibrium of yesterday.
yesterday tomorrow
Defending yesterday is far more risky than making tomorrow.
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.
time yesterday forever
Time is totally perishable and cannot be stored. Yesterday's time is gone forever, and will never come back. Time is always in short supply. There is no substitute for time. Everything requires time.
technology opportunity yesterday
Innovation requires us to systematically identify changes that have already occurred in a business - in demographics, in values, in technology or science - and then to look at them as opportunities. It also requires something that is most difficult for existing companies to do: to abandon rather than defend yesterday.
time unique yesterday
One cannot buy, rent or hire more time. The supply of time is totally inelastic. No matter how high the demand, the supply will not go up. There is no price for it. Time is totally perishable and cannot be stored. Yesterday's time is gone forever, and will never come back. Time is always in short supply. There is no substitute for time. Everything requires time. All work takes place in, and uses up time. Yet most people take for granted this unique, irreplaceable and necessary resource.
change yesterday logic
The greatest danger in times of turbulence is not the turbulence; it is to act with yesterday's logic.
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.
future
The only thing we know about the future is that it is going to be different.
business moralist
First and last, Drucker is a moralist of our business civilization.
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.
management ninety objectives percent time works
Management by objectives works if you know the objectives. Ninety percent of the time you don't.