Quotes from Peter Drucker

The best plan is only a plan... unless it degerates into work.

What gets measured gets managed.

There are two types of people in the business community: those who produce results and those who give you reasons why they didn't.

Doing the right thing is more important than doing the thing right.

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

Results are obtained by exploiting opportunities, not by solving problems.

Meetings are by definition a concession to deficient organization. For one either meets or one works.

Every organization has to prepare for the abandonment of everything it does.

Business has only two basic functions - marketing and innovation.

The customer rarely buys what the business thinks it sells him.

The basic definition of the business and of its purpose and mission have to be translated into objectives.

(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss

Success? Odd as it seems, you will achieve the greates results in business and career if you drop the word 'achievement' from your vocabulary and replace it with 'contribution'.

Managers are the basic and scarcest resource of any business enterprise.

Every single social and global issue of our day is a business opportunity in disguise.

The true business of every company is to make and keep customers.

When Henry Ford said, "The customer can have a car in any color as long as it's black," he was not joking.

The problem in my life and other people's lives is not the absence of knowing what to do but the absence of doing it.

A person can perform only from strength. One cannot build performance on weakness, let alone on something one cannot do at all.

A manager is responsible for the application and performance of knowledge.

We all have a vast number of areas in which we have no talent or skill and little chance of becoming even mediocre. In those areas a knowledge workers should not take on work, jobs and assignments. It takes far more energy to improve from incompetence to mediocrity than it takes to improve from first-rate performance to excellence.

Entrepreneurship is risky mainly because so few of the so-called entrepreneurs know what they are doing.

Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes.

We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.