54 Most Famous Peter Drucker Quotes

54 Most Famous Peter Drucker Quotes

by / Comments Off / 93 View / Dec 12, 2014

Peter Drucker was an educator, an author, and management consultant from Austria. His major contributions where to the foundations of modern business corporation. He also developed management of education. He died on November 11, 2005 at the age of 95.

“A man should never be appointed into a managerial position if his vision focuses on people’s weaknesses rather than on their strengths.”

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

“A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.”

“A superior who works on his own development sets an almost irresistible example.”

“Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.”

“An organization belongs on a sick list when promotion becomes more important to its people than accomplishment of their job they are in. It is sick when it is more concerned with avoiding
mistakes than with taking risks, with counteracting the weaknesses of its members than with building on their strength. But it is sick also when “good human relations” become more important
than performance and achievement.”

“As with every phenomenon of the objective universe, the first step toward understanding work is to analyze it.”

“Business has only two functions — marketing and innovation.”

“Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that private vices become public benefits
cannot endure, no matter how impeccable its logic, no matter how great its benefits.”

“Communism is evil. Its driving forces are the deadly sins of envy and hatred.”

“Decisions exist only in the present.”

“Efficiency is doing better what is already being done.”

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

“Fascism is the result of the collapse of Europe’s spiritual and social order… catastrophes broke through the everyday routine which makes men accept existing forms, institutions and
tenets as unalterable natural laws. They suddenly exposed the vacuum behind the facade of society.”

“If war production should remain the only way out of a long-term depression, industrial society would be reduced to the choice between suicide through total war or suicide through total

“Innovation is the specific instrument of entrepreneurship…the act that endows resources with a new capacity to create wealth.”

“It does not matter whether the worker wants responsibility or not, …The enterprise must demand it of him.”

“It is better to pick the wrong priority than none at all.”

“Knowledge has to be improved, challenged, and increased constantly, or it vanishes.”

“Management is doing things right; leadership is doing the right things.”

“Morale in an organization does not mean that “people get along together”; the test is performance not conformance.”

“No one learns as much about a subject as one who is forced to teach it.”

“Our society has become an employee society.”

“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.”

“Plans are only good intentions unless they immediately degenerate into hard work.”

“Political freedom is neither easy nor automatic, neither pleasant nor secure. It is the responsibility of the individual for the decisions of society as if they were his own decisions–as
in moral truth and accountability they are.”

“Profit is not a cause but a result-”

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

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

“Success always obsoletes the very behavior that achieved it.”

“That the government’s power under the Taft-Hartley Act to stop a strike by injunction so clearly strengthens the hand of the employer–even though it is used only when a strike threatens
the national health, welfare, or safety–is a grave blemish and explains much of union resistance to the Act.”

“The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.”

“The company is not and must never claim to be home, family, religion, life or fate for the individual. It must never interfere in his private life or his citizenship. He is tied to the
company through a voluntary and cancellable employment contract, not through some mystical or indissoluble bond.”

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

“The first step toward making the worker achieving is to make work productive.”

“The fundamental reality for every worker, from sweeper to executive vice-president, is the eight hours or so that he spends on the job. In our society of organizations, it is the job
through which the great majority has access to achievement, to fulfillment, and to community.”

“The individual needs the return to spiritual values, for he can survive in the present human situation only by reaffirming that man is not just a biological and psychological being but also
a spiritual being, that is creature, and existing for the purposes of his Creator and subject to Him.”

“The most important thing in communication is to hear what isn’t being said.”

“The productivity of work is not the responsibility of the worker but of the manager.”

“The purpose of business is to create and keep a customer.”

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

“There is an unbroken chain of opposition to the introduction of economic freedom and to the capitalist autonomy of the economic sphere… In every case the opposition could only be overcome
- peacefully or by force – because of the promise of capitalism to establish equality… That this promise was an illusion we all know.”

“There is nothing so useless as doing efficiently that which should not be done at all.”

“This is a political book… It has a political purpose: to strengthen the will to maintain freedom against the threat of its abandonment in favor of totalitarianism.”

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

“Today knowledge has power. It controls access to opportunity and advancement.”

“Unless commitment is made, there are only promises and hopes; but no plans.”

“Unless the power of the corporation can be organized on an accepted principle of legitimacy, it will… be taken over by a Central government…”

“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.”

“We will have to learn to lead people rather then to contain them.”

“What you have to do and the way you have to do it is incredibly simple. Whether you are willing to do it, that’s another matter.”

“What’s measured improves.”

“Whenever you see a successful business, someone once made a courageous decision.”

“With Christianity, freedom and equality became the two basic concepts of Europe; they are themselves Europe.”