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
If war production should remain the only way out of a long-term depression, industrial society would be reduced to the choice between… — Peter Drucker Copy Share Image
Production is not the application of tools to materials, but logic to work. — 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
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
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
Knowledge is being applied to knowledge itself. It is now fast becoming the one factor in production, sidelining both capital and labour. — 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
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
