People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.
Peter Drucker
Plans are only good intentions unless they immediately degenerate into hard work.
Peter Drucker
Rank does not confer privilege or give power. It imposes responsibility.
Peter Drucker
So much of what we call management consists in making it difficult for people to work.
Peter Drucker
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.
Peter Drucker
Teaching is the only major occupation of man for which we have not yet developed tools that make an average person capable of competence and performance. In teaching we rely on the "naturals," the ones who somehow know how to teach.
Peter Drucker
The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.
Peter Drucker
The best way to predict the future is to create it.
Peter Drucker
The computer is a moron.
Peter Drucker
The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
Peter Drucker
The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.
Peter Drucker
The most important thing in communication is hearing what isn't said.
Peter Drucker
The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.
Peter Drucker
The only thing we know about the future is that it will be different.
Peter Drucker
The productivity of work is not the responsibility of the worker but of the manager.
Peter Drucker
The purpose of a business is to create a customer.
Peter Drucker
There is nothing so useless as doing efficiently that which should not be done at all.
Peter Drucker
Time is the scarcest resource and unless it is managed nothing else can be managed.
Peter Drucker
Today knowledge has power. It controls access to opportunity and advancement.
Peter Drucker
Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.
Peter Drucker
