---
title: "10 Definitions Quotes By Peter Drucker"
description: "10 Definitions quotes by Peter Drucker. Plus more from Peter Drucker and more Definitions sayings from other authors."
image: "https://sms4smile.com/quotes/i/008/peter-drucker-393_business_the-basic-definition-of-the-business-and_1446971.png"
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> [The basic definition of the business and of its purpose and mission have to be translated into objectives.](https://sms4smile.com/quotes/peter-drucker/the-basic-definition-of-the-business-and-of-its-purpose-and-mission/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

[Image](https://sms4smile.com/quotes/i/008/peter-drucker-393_business_the-basic-definition-of-the-business-and_1446971.png)

> [The only definition of a leader is someone who has followers.](https://sms4smile.com/quotes/peter-drucker/the-only-definition-of-a-leader-is-someone-who-has-followers/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

[Image](https://sms4smile.com/quotes/i/fe7/peter-drucker-393_definition_the-only-definition-of-a-leader-is-someo_1139573.png)

> [Meetings are by definition a concession to deficient organization. For one either meets or one works.](https://sms4smile.com/quotes/peter-drucker/meetings-are-by-definition-a-concession-to-deficient-organization-for/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

[Image](https://sms4smile.com/quotes/i/7e8/peter-drucker-393_business_meetings-are-by-definition-a-concession_1701327.png)

> [The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.](https://sms4smile.com/quotes/peter-drucker/the-enterprise-by-definition-must-be-capable-of-producing-more-or/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

[Image](https://sms4smile.com/quotes/i/cce/peter-drucker-393_business_the-enterprise-by-definition-must-be-cap_1958741.png)

> [Business enterprise is an organ of society. There is only one valid definition of business purpose: to create a customer.](https://sms4smile.com/quotes/peter-drucker/business-enterprise-is-an-organ-of-society-there-is-only-one-valid/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

[Image](https://sms4smile.com/quotes/i/fda/peter-drucker-393_business_business-enterprise-is-an-organ-of-socie_2607080.png)

> [Meetings are by definition a concession to a deficient organization. For one either meets or one works. One cannot do both at…](https://sms4smile.com/quotes/peter-drucker/meetings-are-by-definition-a-concession-to-a-deficient-organization/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

[Image](https://sms4smile.com/quotes/i/0d1/peter-drucker-393_definitions_meetings-are-by-definition-a-concession_1662025.png)

> [All economic activity is by definition "high risk." And defending yesterday--that is, not innovating--is far more risky than making tomorrow.](https://sms4smile.com/quotes/peter-drucker/all-economic-activity-is-by-definition-high-risk-and-defending/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

[Image](https://sms4smile.com/quotes/i/d13/peter-drucker-393_activity_all-economic-activity-is-by-definition-h_1791850.jpg)

> [If "socialism" is defined as "ownership of the means of production"--and this is both the orthodox and the only rigorous definition--then the…](https://sms4smile.com/quotes/peter-drucker/if-socialism-is-defined-as-ownership-of-the-means-of-production-and/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

[Image](https://sms4smile.com/quotes/i/f9f/peter-drucker-393_capitalism_if-socialism-is-defined-as-ownership-of_3014758.png)

> [A business is not defined by its name, statutes, or articles of incorporation. It is defined by the business mission. Only a…](https://sms4smile.com/quotes/peter-drucker/a-business-is-not-defined-by-its-name-statutes-or-articles-of/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

[Image](https://sms4smile.com/quotes/i/bb1/peter-drucker-393_articles_a-business-is-not-defined-by-its-name-st_105028.png)

> [I think the growth industry of the future in this country and the world will soon be the continuing education of adults.…](https://sms4smile.com/quotes/peter-drucker/i-think-the-growth-industry-of-the-future-in-this-country-and-the/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

[Image](https://sms4smile.com/quotes/i/016/peter-drucker-393_adults_i-think-the-growth-industry-of-the-futur_1383372.png)

## Other authors on Definitions

## More by Peter Drucker

> [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…](https://sms4smile.com/quotes/peter-drucker/one-reason-for-the-tremendous-increase-in-health-care-costs-in-the-u/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [No executive has ever suffered because his subordinates were strong and effective.](https://sms4smile.com/quotes/peter-drucker/no-executive-has-ever-suffered-because-his-subordinates-were-strong/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [Results is all that separates one company from another.](https://sms4smile.com/quotes/peter-drucker/results-is-all-that-separates-one-company-from-another/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [“There is nothing so useless as doing efficiently that which should not be done at all. Peter Drucker”](https://sms4smile.com/quotes/peter-drucker/there-is-nothing-so-useless-as-doing-efficiently-that-which-should/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [Our society has become an employee society.](https://sms4smile.com/quotes/peter-drucker/our-society-has-become-an-employee-society/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [Replace your pursuit of success with the pursuit of contribution.](https://sms4smile.com/quotes/peter-drucker/replace-your-pursuit-of-success-with-the-pursuit-of-contribution/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for…](https://sms4smile.com/quotes/peter-drucker/management-means-in-the-last-analysis-the-substitution-of-thought-for/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [Don't try to innovate for the future. Innovate for the present!](https://sms4smile.com/quotes/peter-drucker/don-t-try-to-innovate-for-the-future-innovate-for-the-present/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [The critical question is not "How can I achieve?" but "What can I contribute?"](https://sms4smile.com/quotes/peter-drucker/the-critical-question-is-not-how-can-i-achieve-but-what-can-i/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to…](https://sms4smile.com/quotes/peter-drucker/we-can-say-with-certainty-or-90-probability-that-the-new-industries/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [When it rains manna from heaven, some people put up an umbrella. Others reach for a big spoon.](https://sms4smile.com/quotes/peter-drucker/when-it-rains-manna-from-heaven-some-people-put-up-an-umbrella-others/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [The enterprise can fulfill its human and social functions only if it prospers as a business.](https://sms4smile.com/quotes/peter-drucker/the-enterprise-can-fulfill-its-human-and-social-functions-only-if-it/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [The computer actually may have aggravated management's degenerative tendency to focus inward on costs.](https://sms4smile.com/quotes/peter-drucker/the-computer-actually-may-have-aggravated-management-s-degenerative/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [Nobody can predict the future; the idea is to have a firm grasp of the present.](https://sms4smile.com/quotes/peter-drucker/nobody-can-predict-the-future-the-idea-is-to-have-a-firm-grasp-of-the/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

> [An executive should be a realist; and no one is less realistic than the cynic.](https://sms4smile.com/quotes/peter-drucker/an-executive-should-be-a-realist-and-no-one-is-less-realistic-than/)

[Peter Drucker](https://sms4smile.com/quotes/author/peter-drucker/)

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