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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.
Explore More Quotes by Peter Drucker
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.
Related Quotes to Explore
I trust that everything happens for a reason, even when we’re not wise enough to see it.
To have faith is to trust yourself to the water. When you swim you don’t grab hold of the water, because if you do you will sink and drown. Instead you relax, and float.
Don’t trust people whose feelings change with time. Trust people whose feelings remain the same, even when the time changes.
