Time is the scarcest resource and unless it is managed nothing else can be managed. — Peter Drucker Copy Share Image
What people in business think they know about the customer and market is likely to be more wrong than right...the customer rarely… — Peter Drucker Copy Share Image
Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or… — 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
There are only two things in a business that make money - innovation and marketing, everything else is cost. — Peter Drucker Copy Share Image
No business can do everything. Even if it has the money, it will never have enough good people. It has to set… — Peter Drucker Copy Share Image
A business enterprise must continue beyond the lifetime of the individual or of the generation to be capable of producing its contributions… — Peter Drucker Copy Share Image
In all recorded history there has not been one economist who has had to worry about where the next meal would come… — 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
Free enterprise cannot be justified as being good for business. It can be justified only as being good for society. — 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
The most probable assumption is that no currently working 'business theory' will be valid 10 years hence. — Peter Drucker Copy Share Image
Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past. — 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 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
Profit is not the purpose of a business, but rather the test of its validity — Peter Drucker Copy Share Image
Business exists to supply goods and services to customers and economic surplus to society, rather than to supply jobs to workers and… — 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
As to the idea that advertising motivates people, remember the Edsel. — Peter Drucker Copy Share Image
The corporation is the "master", the employee is the "servant". Because the corporation owns the means of production without which the employee… — Peter Drucker Copy Share Image
Meetings are by definition a concession to deficient organization. For one either meets or one works. — Peter Drucker Copy Share Image
The success and ultimately the survival of every business, large or small, depends in the last analysis on its ability to develop… — Peter Drucker Copy Share Image
The person who will make the greatest contribution to a company is the mature person-and you cannot have maturity if you have… — Peter Drucker Copy Share Image
The company is not and must never claim to be home, family, religion, life or fate for the individual. It must never… — 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 Image
No executive has ever suffered because his subordinates were strong and effective. — Peter Drucker Copy Share Image
“There is nothing so useless as doing efficiently that which should not be done at all. Peter Drucker” — Peter Drucker Copy Share Image
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 Image
The critical question is not "How can I achieve?" but "What can I contribute?" — Peter Drucker Copy Share Image
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 Image
When it rains manna from heaven, some people put up an umbrella. Others reach for a big spoon. — 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
