Managers are the basic and scarcest resource of any business enterprise. — Peter Drucker Copy Share Image
To satisfy the customer is the mission and purpose of every business. — Peter Drucker Copy Share Image
For the first four years, no new enterprise produces profits. Even Mozart didn't start writing music until he was four. — Peter Drucker Copy Share Image
All great change in business has come from outside the firm, not from inside. — Peter Drucker Copy Share Image
The basic definition of the business and of its purpose and mission have to be translated into objectives. — Peter Drucker Copy Share Image
The new always looks so puny-so unpromising-next to the reality of the massive, ongoing business. — Peter Drucker Copy Share Image
All companies are service companies; some also manufacture products. — Peter Drucker Copy Share Image
The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline… — Peter Drucker Copy Share Image
Providing more desirable products, services, and customer experiences is vital to the continued existence of any business. And that is INNOVATION. — Peter Drucker Copy Share Image
"Value added" is a meaningless concept for a retail business , for a bank, for a life insurance company, and for any… — Peter Drucker Copy Share Image
Profit for a company is like oxygen for a person. If you don't have enough of it, you're out of the game.… — Peter Drucker Copy Share Image
Because its purpose is to create a customer, the business has two and only two functions: Marketing and Innovation. Marketing and Innovation… — Peter Drucker Copy Share Image
Management and entrepreneurship are only two different dimensions of the same task. An entrepreneur who does not learn how to manage will… — Peter Drucker Copy Share Image
The greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships… — Peter Drucker Copy Share Image
Success? Odd as it seems, you will achieve the greates results in business and career if you drop the word 'achievement' from… — Peter Drucker Copy Share Image
The next thing to be said about what long-range planning is not, is that it does not deal with future decisions. It… — Peter Drucker Copy Share Image
Innovative efforts should never report to line managers charged with responsibility for ongoing operations. The new project is an infant and will… — Peter Drucker Copy Share Image
No matter how deeply wedded one may be to the free enterprise system (and I, for one, am wedded for life), one… — Peter Drucker Copy Share Image
An employer has no business with a man's personality. Employment is a specific contract calling for a specific performance... Any attempt to… — Peter Drucker Copy Share Image
The more successful the unit, the more difficult it is to make sure that the large company doesn't put the same expectations… — Peter Drucker Copy Share Image
The most critical case in a corporation, especially a big one, is when everything goes well, when you have accomplished your objectives.… — Peter Drucker Copy Share Image
Innovation requires us to systematically identify changes that have already occurred in a business - in demographics, in values, in technology or… — Peter Drucker Copy Share Image
The greatest challenge to organizations is the balance between continuity and change. You need both. At different times, the balance is slightly… — Peter Drucker Copy Share Image
An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction. — Peter Drucker Copy Share Image
The entrepreneur always searches for change, responds to it, and exploits it as an opportunity. — Peter Drucker Copy Share Image
Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth. — Peter Drucker Copy Share Image
The enterprise can fulfill its human and social functions only if it prospers as a business. — Peter Drucker Copy Share Image
Results are obtained by exploiting opportunities, not by solving problems. — Peter Drucker Copy Share Image
There are just two questions to ask to attain success in business: First, "What business am I in?" Second, "How's business?" — Peter Drucker Copy Share Image
What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous. — Peter Drucker Copy Share Image
As to the idea that advertising motivates people, remember the Edsel. — Peter Drucker Copy Share Image
If you have too many problems, maybe you should get out of business. There is no law that says a company must… — Peter Drucker Copy Share Image
Entrepreneurs believe that profit is what matters most in a new enterprise. But profit is secondary. Cash flow matters most. — Peter Drucker Copy Share Image
Time is the scarcest resource and unless it is managed nothing else can be managed. — Peter Drucker Copy Share Image
Every single social and global issue of our day is a business opportunity in disguise — Peter Drucker Copy Share Image
Entrepreneurship is “risky” mainly because so few of the so-called entrepreneurs know what they are doing. — Peter Drucker Copy Share Image
One reason for the tremendous increase in health-care costs in the U.S. is managerial neglect of the "hotel services" by the people who dominate… — Peter Drucker Copy Share
No executive has ever suffered because his subordinates were strong and effective. — Peter Drucker Copy Share
“There is nothing so useless as doing efficiently that which should not be done at all. Peter Drucker” — Peter Drucker Copy Share
Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for… — Peter Drucker Copy Share
The critical question is not "How can I achieve?" but "What can I contribute?" — Peter Drucker Copy Share
We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to… — Peter Drucker Copy Share
When it rains manna from heaven, some people put up an umbrella. Others reach for a big spoon. — Peter Drucker Copy Share
The enterprise can fulfill its human and social functions only if it prospers as a business. — Peter Drucker Copy Share
The computer actually may have aggravated management's degenerative tendency to focus inward on costs. — Peter Drucker Copy Share
Nobody can predict the future; the idea is to have a firm grasp of the present. — Peter Drucker Copy Share
An executive should be a realist; and no one is less realistic than the cynic. — Peter Drucker Copy Share
