Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got. — 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
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 enterprise, by definition, must be capable of producing more or better than all the resources that comprise it. — Peter Drucker Copy Share Image
A business exists because the consumer is willing to pay you his money. You run a business to satisfy the consumer. That… — Peter Drucker Copy Share Image
Luck never built a business. Prosperity and growth come only to the business that systematically finds and exploits its potential. — 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
Most of what we call management consists of making it difficult for people to get their work done. — Peter Drucker Copy Share Image
The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether business… — Peter Drucker Copy Share Image
(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation… — Peter Drucker Copy Share Image
Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity. — 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
When the business grows, the person who founded it is incredibly busy. Rapid growth puts an enormous strain on a business. You… — Peter Drucker Copy Share Image
It does not matter whether the worker wants responsibility or not, The enterprise must demand it of him. — Peter Drucker Copy Share Image
..there is need for a person to be generally educated. Otherwise you shrivel up much too soon. Whether this means reading the… — Peter Drucker Copy Share Image
Few relationships are as critical to the business enterprise itself as the relationship to government. The manager has responsibility for this relationship… — 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
Some of the best business and nonprofit CEOs I've worked with over a sixty-five-year consulting career were not stereotypical leaders. They were… — Peter Drucker Copy Share Image
Marketing is not only much broader than selling, it is not a specialized activity at all. It encompasses the entire business. It… — 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
"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
There is a point of complexity beyond which a business is no longer manageable. — 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