Top Peter Drucker Quotes - Quotesmemo.com

Peter Drucker Biography

Peter Ferdinand Drucker (/ˈdrʌkər/; German: [ˈdʀʊkɐ]; November 19, 1909 – November 11, 2005) was an Austrian-born American management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation. He was also a leader in the development of management education, he invented the concept known as management by objectives and self-control, and he has been described as "the founder of modern management".

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Peter Drucker Quotes

Profit is not a cause but a result-

Cause, Causes, Profit, Result, Results

I no longer think that learning how to manage people, especially subordinates, is the most important for executives to learn. I am teaching above all else, how to manage oneself.

Executives, Learn, Manage, People, Teaching, Thinking

Understanding our strengths, articulating our values, knowing where we belong -- these are also essential to addressing one of the great challenges of organizations: improving the abysmally low productivity of knowledge workers.

Articulating, Challenges, Knowing, Organization, Understanding, Values

The greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships based. . . on partnership.

Accelerated, Art, Based, Growth, Partnership, War

Any organisation develops people; it either forms them or deforms them.

People, Form, Organisation, Forms

Technology is not about tools, it deals with how Man works.

Deals, Men, Technology, Tools, Works

There is a point at which a transformation has to take place.

Place, Point, Take, Transformation

In most organizations, the bottleneck is at the top of the bottle.

Bottleneck, Bottlenecks, Bottles, Organization, Organizations, Top

Profit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.

Causes, Decision, Rationale, Test, Tests, Validity

The race for Quality has no finish line - so technically, it's more like a death march. Efficiency is doing things right; effectiveness is doing the right things.

Effectiveness, Finish, Quality, Race, Right

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

Business, Communication, Communications, Costs, Eliminated, Technology

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

Life, Managed, Nothing, Scarcest, Time, Wise

The most probable assumption is that no currently working 'business theory' will be valid 10 years hence.

Assumption, Business, Hence, Theory, Years

The real development I've seen of people in organizations, especially in big ones, comes from their being volunteers in a nonprofit organization - where you have responsibility, you see results, and you quickly learn what your values are. There is no better way to understand your strengths and discover where you belong than to volunteer in a nonprofit. That is probably the great opportunity for the social sector - and especially in its relationship to business.

Belong, Business, Real, Responsibility, Sector, Understand

I have been saying for many years that we are using the word 'guru' only because 'charlatan' is too long to fit into a headline.

Charlatan, Headline, Knowledge, Learning, Long, Years

If general perception changes from seeing the glass as 'half-full' to seeing it as 'half empty' there are major innovative opportunities.

Empty, Glasses, Innovative, Opportunity, Perception

Do what you do best, and outsource the rest.

Deep Thought, Humor, Outsource, Rest

One cannot buy, rent or hire more time. The supply of time is totally inelastic. No matter how high the demand, the supply will not go up. There is no price for it. Time is totally perishable and cannot be stored. Yesterday's time is gone forever, and will never come back. Time is always in short supply. There is no substitute for time. Everything requires time. All work takes place in, and uses up time. Yet most people take for granted this unique, irreplaceable and necessary resource.

Buy, Irreplaceable, Take, Time, Unique, Yesterday

The better a man is, the more mistakes he will make, for the more new things he will try. I would never promote to a top-level job a man who was not making mistakes. . . otherwise he is sure to be mediocre.

Failure, Jobs, Make, Man, Mistake, Things

Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.

Care, Loving, Making Time, Nothing, Time, Time Management

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