Peter Drucker: I no longer think that learning how to manage people, e...

Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.

Peter Drucker

important decision mean

Every organization must be prepared to abandon everything it does to survive in the future.

Peter Drucker

organization leadership doe

Communication always makes demands. It always demands that the recipient become somebody, do something, believe something. It always appeals to motivation.

Peter Drucker

communication motivation believe

Loafing" is easy, but "leisure" is difficult.

Peter Drucker

leisure difficult easy

Adversarial power relationships only work if you never have to see or work with the bastards again.

Peter Drucker

power-relationships ifs

Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society - its worldview, its basic values, its social and political structures, its art, its key institutions - rearranges itself. We are currently living through such a time.

Peter Drucker

keys years art

Business has only two basic functions - marketing and innovation.

Peter Drucker

creativity business success

The days of the 'intuitive' manager are numbered.

Peter Drucker

intuitive managers

Strategic planning is the continuous process of making present entrepreneurial (risk-taking) decisions systematically and with the greatest knowledge of their futurity; organizing systematically the efforts needed to carry out these decisions; and measuring the results of these decisions against the expectations through organized, systematic feedback.

Peter Drucker

effort decision expectations

An institution which is financed by a budget - or which enjoys a monopoly which the customer cannot escape - is rewarded for what it deserves rather than what it earns. It is paid for 'good intentions' and 'programs'. It is paid for not alienating important constituents rather than satisfying any one group. It is misdirected by the way it is being paid into defining performance and results as what will produce the budget rather than as what will produce contribution.

Peter Drucker

defining important way

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

Peter Drucker

business wise work

The great challenge to management today is to make productive the tremendous new resource, the knowledge worker. This, rather than the productivity of the manual worker, is the key to economic growth and economic performance in today's society.

Peter Drucker

keys business challenges

Business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.

Peter Drucker

frustration important business

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.

Peter Drucker

learning years knowledge

The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it.

Peter Drucker

risk responsibility firsts

The really important things are said over cocktails and are never done.

Peter Drucker

communication humor funny

I find more and more executives less and less well informed about the outside world, if only because they believe that the data on the computer printouts are ipso facto information.

Peter Drucker

data believe world

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.

Peter Drucker

economy born information

Success in the knowledge economy comes to those who know themselves - their strengths, their values, and how they best perform.

Peter Drucker

values economy knows

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.

Peter Drucker

yesterday forever time

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.