Peter Drucker

Peter Drucker

Peter Ferdinand Drucker (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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The best way to predict the future is to create it.

Leadership is lifting a person's vision to high sights, the raising of a person's performance to a higher standard, the building of a personality beyond its normal limitations.

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

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

Management is doing things right, leadership is doing the right things.

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

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

The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.

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

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.

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

When a subject becomes totally obsolete we make it a required course.

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

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

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

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.

The purpose of a business is to create a customer.

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

Making good decisions is a crucial skill at every level.

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

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