Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of… — Peter Drucker Copy Share Image
Capitalism as a social order and as a creed is the expression of the belief in economic progress as leading toward the… — Peter Drucker Copy Share Image
Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage. — Peter Drucker Copy Share Image
The basic economic resource - the means of production - is no longer capital, nor natural resources, nor labor. It is and… — Peter Drucker Copy Share Image
Economists think the poor need them to tell them that they are poor. — Peter Drucker Copy Share Image
“I read a lot of history, biographies, science, and novels,' he says, ushering a reporter out the door with a hint of… — 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
Above all, innovation is not invention. It is a term of economics rather than of technology. — Peter Drucker Copy Share Image
All economic activity is by definition "high risk." And defending yesterday--that is, not innovating--is far more risky than making tomorrow. — Peter Drucker Copy Share Image
In todays economy, the most important resource is no longer labor, capital or land; it is knowledge — Peter Drucker Copy Share Image
There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere...… — Peter Drucker Copy Share Image
The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy. — 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
The world economy is not yet a community--not even an economic community...Yet the existence of the "global shopping center" is a fact… — Peter Drucker Copy Share Image
Every three or four years I pick a new subject. It may be Japanese art; it may be economics. Three years of… — 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
