Business Quote by Peter Drucker
“Business exists to supply goods and services to customers and economic surplus to society, rather than to supply jobs to workers and managers or even dividends to shareholders.”
About This Quote
Source Book: Management: Tasks, Responsibilities, Practices by Peter Drucker, 1974
Businesses should focus on delivering value to customers and creating societal surplus, not merely on employment or profit distribution.
In simple terms: Serve customers, create surplus.
Align business purpose with societal benefit.
Themes
Mood
Type
When to use this quote
- product development
- customer service
- strategic planning
- social entrepreneurship
Key Concepts
Questions to Reflect On
- How does your organization measure societal impact?
- What steps can increase customer‑centric value?
Balancing profit and purpose can be challenging in competitive markets.