Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of… — Peter Drucker Copy Share Image
But innovation is more than a new method. It is a new view of the universe, as one of risk rather than… — Peter Drucker Copy Share Image
Morale in an organization does not mean that “people get along together”; the test is performance not conformance. — 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
The knowledge we now consider knowledge proves itself in action. What we now mean by knowledge is information effective in action, information… — 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
[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment. — Peter Drucker Copy Share Image
Objectives are not fate; they are direction. They are not commands; they are commitments. They do not determine the future; they are… — 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
Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework. — 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
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
If "socialism" is defined as "ownership of the means of production"--and this is both the orthodox and the only rigorous definition--then the… — 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
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