Peter Ferdinand Drucker Quotes

• Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.

  Peter Ferdinand Drucker

  Topics in Decisions, Expectations, Management

  Tags in Information

• Management by objective works – if you know the objectives. Ninety percent of the time you don’t.

  Peter Ferdinand Drucker

  Topics in Management

  Tags in Boss, Percent

• Management is doing things right; leadership is doing the right things.

  Peter Ferdinand Drucker

  Topics in Leadership, Management

• So much of what we call management consists in making it difficult for people to work.

  Peter Ferdinand Drucker

  Topics in Management, Work

• Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.

  Peter Ferdinand Drucker

  Topics in Business

• The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.

  Peter Ferdinand Drucker

  Tags in Customers, Marketing

• People who don’t take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.

  Peter Ferdinand Drucker

  Topics in Leadership

• Making good decisions is a crucial skill at every level.

  Peter Ferdinand Drucker

  Topics in Leadership

• Efficiency is doing things right; effectiveness is doing the right things.

  Peter Ferdinand Drucker

  Tags in Effectiveness

• Plans are only good intentions unless they immediately degenerate into hard work.

  Peter Ferdinand Drucker

  Topics in Work

• The individual is the central, rarest, most precious capital resource of our society.

  Peter Ferdinand Drucker

  Tags in Integrity/Individuality

• Leaders shouldn’t attach moral significance to their ideas: Do that, and you can’t compromise.

  Peter Ferdinand Drucker

  Topics in Leadership

• Long range planning does not deal with future decisions, but with the future of present decisions.

  Peter Ferdinand Drucker

  Topics in Future

  Tags in Plans

• Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.

  Peter Ferdinand Drucker

  Tags in Reflection

• Business, that’s easily defined – it’s other people’s money.

  Peter Ferdinand Drucker

  Topics in Business, Money

Peter Ferdinand Drucker (55)

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

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