No financial man will ever understand business because financial people think a company makes money. A company makes shoes, and no financial… — Peter Drucker Copy Share Image
Tomorrow always arrives. It is always different. And even the mightiest company is in trouble if it has not worked on the… — Peter Drucker Copy Share Image
There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're… — Peter Drucker Copy Share Image
The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and… — 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
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
Don't take on things you don't believe in and that you yourself are not good at. Learn to say no. Effective leaders… — 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 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
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
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 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
"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
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
All companies are service companies; some also manufacture products. — Peter Drucker Copy Share Image
Ideas are somewhat like babies - they are born small, immature, and shapeless. They are promise rather than fulfillment. In the innovative… — 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