Quotes from Peter Drucker

The leader of the past was a person who knew how to tell. The leader of the future will be a person who knows how to ask.

The b??t w?? t? predict ??ur future ?? t? create it.

If you want to know what the future is, be part of its development.

Every organization must be prepared to abandon everything it does to survive in the future.

If you have more than five goals, you have none.

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

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

Don't try to innovate for the future. Innovate for the present!

Management by objectives works if you first think through your objectives. Ninety percent of the time you haven't.

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

Do not believe that it is very much of an advance to do the unnecessary three times as fast.

Forecasting is not a respectable human activity and not worthwhile beyond the shortest of periods.

Institutions mistake good intentions for objectives. They say health care; that's an intention, not an objective.

More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject.

The corporation is the "master", the employee is the "servant". Because the corporation owns the means of production without which the employee could not make a living, the employee needs the corporation more than vice versa.

Companies have three responsibilities: 1) make a profit, 2) satisfy employees, and 3) be socially responsible.

There's no such thing as knowledge management; there are only knowledgeable people. Information only becomes knowledge in the hands of someone who knows what to do with it.

Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.

Business, that's easily defined - it's other people's money.

Most of what we call management consists of making it difficult for people to get their work done.

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

There are an enormous number of managers who have retired on the job.

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.

My greatest strength as a consultant is to be ignorant and ask a few questions.