Peter Ferdinand Drucker Quotes

• We can say with certainty – or 90% probability – that the new industries that are about to be born will have nothing to do with information.

  Peter Ferdinand Drucker

  Topics in Uncategorized

  Tags in Probability, Industries, Born

• Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.

  Peter Ferdinand Drucker

  Topics in Uncategorized

  Tags in Innovation, Resources, Act, Wealth

• Time is the scarcest resource and unless it is managed nothing else can be managed.

  Peter Ferdinand Drucker

  Topics in Uncategorized

  Tags in Managed, Resource, Else, Time, Unless, Nothing

• Accept the fact that we have to treat almost anybody as a volunteer.

  Peter Ferdinand Drucker

  Topics in Leadership

  Tags in Volunteer, Accept, Treat, Relationships

• No institution can possibly survive if it needs geniuses or supermen to manage it. It must be organized in such a way as to be able to get along under a leadership composed of average human beings.

  Peter Ferdinand Drucker

  Topics in Leadership

  Tags in Needs

• The purpose of a business is to create a customer.

  Peter Ferdinand Drucker

  Topics in Business

  Tags in Purpose

• Society, community, family are all conserving institutions. They try to maintain stability, and to prevent, or at least to slow down, change. But the organization of the post-capitalist society of organizations is a destabilizer. Because its function is to put knowledge to work — on tools, processes, and products; on work; on knowledge itself — it must be organized for constant change.

  Peter Ferdinand Drucker

  Topics in Knowledge

  Tags in Change/Growth, Security

• Today knowledge has power. It controls access to opportunity and advancement.

  Peter Ferdinand Drucker

  Topics in Education, Knowledge, Opportunity, Power

  Tags in Advancement, Today

• Knowledge has to be improved, challenged, and increased constantly, or it vanishes.

  Peter Ferdinand Drucker

  Topics in Knowledge

  Tags in Constantly, Vanishes, Encouraging

• Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for force. It means the substitution of responsibility for obedience to rank, and of authority of performance for the authority of rank.

  Peter Ferdinand Drucker

  Topics in Management

  Tags in Duty

• Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.

  Peter Ferdinand Drucker

  Topics in Future, Inspirational

  Tags in Foresight, Predict, Forecasting, Drive

• The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.

  Peter Ferdinand Drucker

  Topics in Opportunity

  Tags in Entrepreneurship, Change

• The only thing we know about the future is that it will be different.

  Peter Ferdinand Drucker

  Topics in Future

  Tags in Change

• The leaders who work most effectively, it seems to me, never say “I.” And that’s not because they have trained themselves not to say “I.” They don’t think “I.” They think “we”; they think “team.” They understand their job to be to make the team function. They accept responsibility and don’t sidestep it, but “we” gets the credit. This is what creates trust, what enables you to get the task done.

  Peter Ferdinand Drucker

  Topics in Leadership, Teamwork, Trust

  Tags in Effectiveness, Responsibility

• Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.

  Peter Ferdinand Drucker

  Topics in Job, Leadership, Management, Work

  Tags in Tolerate, Organization, Responsibility

• The productivity of work is not the responsibility of the worker but of the manager.

  Peter Ferdinand Drucker

  Topics in Management, Work

  Tags in Productivity, Worker, Responsibility

• Rank does not confer privilege or give power. It imposes responsibility.

  Peter Ferdinand Drucker

  Topics in Leadership, Management, Power

  Tags in Managers, Privilege, Confer, Responsibility

• Most discussions of decision making assume that only senior executives make decisions or that only senior executives’ decisions matter. This is a dangerous mistake.

  Peter Ferdinand Drucker

  Topics in Decisions

• The computer is a moron.

  Peter Ferdinand Drucker

  Topics in Computer

• The new information technology… Internet and e-mail… have practically eliminated the physical costs of communications.

  Peter Ferdinand Drucker

  Topics in Computer

Peter Ferdinand Drucker (55)

Birth:	19th November, 1909
Death:	11th November, 2005
Nationality:	American, Austrian
Profession:	Author, Educator, Consultant

Related Authors

• Annette Hoggs-Jackson
• Jennifer L. Weber
• Sam Harris
• John Holt
• Mary Roach
• Tom Head
• Kathleen McGowan
• Rosie Alison
• Hyeonseo Lee
• Ray Kurzweil

Advertisement

Today's Anniversary - 26th March

Births

• 1960 - Jon Huntsman Jr.
• 1911 - Tennessee Williams
• 1874 - Robert Frost
• 1884 - Wilhelm Backhaus
• 1973 - Larry Page

Deaths

• 1892 - Walt Whitman
• 1943 - Ben Lindsey
• 1923 - Sarah Bernhardt
• 1976 - Lin Yutang
• 1827 - Ludwig van Beethoven