Leadership is not rank, privileges, title or money. It is responsibility. Peter Drucker More Quotes by Peter Drucker More Quotes From Peter Drucker "Value added" is a meaningless concept for a retail business , for a bank, for a life insurance company, and for any other business which is not primarily engaged in manufacturing. Peter Drucker insurance-companies company retail The first step toward making the worker achieving is to make work productive. Peter Drucker achieve steps firsts It is better to pick the wrong priority than none at all. Peter Drucker picks priorities [The masses] ... must turn their hopes toward a miracle. In the depths of their despair reason cannot be believed, truth must be false, and lies must be truth. "Higher bread prices," "lower bread prices," "unchanged bread prices" have all failed. The only hope lies in a kind of bread price which is none of these, which nobody has ever seen before, and which belies the evidence of one's reason. Peter Drucker despair miracle lying Work is an extension of personality. It is achievement. It is one of the ways in which a person defines himself, measures his worth, and his humanity. Peter Drucker achievement personality humanity 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 Peter Drucker accountability decision responsibility Profit is not a cause but a result- Peter Drucker profit results causes 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. Peter Drucker cynical benefits vices There is every indication that the period ahead will be an innovative one, one of rapid change in technology , society , economy , and institutions . Peter Drucker institutions economy technology 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. Peter Drucker employment fate home The tool user, provided the tool is made well, need not, and indeed should not, know anything about the tool. Peter Drucker tools made needs Human beings need community. If there are no communities available for constructive ends, there will be destructive, murderous communities... Only the social sector, that is, the nongovernmental, nonprofit organization, can create what we now need, communities for citizens... What the dawning 21st century needs above all is equally explosive growth of the nonprofit social sector in building communities in the newly dominant social environment, the city. Peter Drucker community organization cities 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. Peter Drucker organization mistake jobs Although he reputedly hated the label of 'guru', Peter Drucker was, by any standards, the greatest management guru the world has yet seen. In 1996, the McKinsey Quarterly journal described him as the 'the one guru to whom other gurus kowtow' and Robert Heller described him as 'the greatest man in the history of management', praise indeed for a man who described himself as 'just an old journalist'. Peter Drucker labels men world There is a point at which a transformation has to take place. Peter Drucker transformation Capitalism as a social order and as a creed is the expression of the belief in economic progress as leading toward the freedom and equality of the individual in a free and open society. Marxism expects this society to result from the abolition of private profit. Capitalism expects the free and equal society to result from the enthronement of private profit as supreme ruler of social behavior. Peter Drucker progress expression order With Christianity, freedom and equality became the two basic concepts of Europe; they are themselves Europe. Peter Drucker christianity europe two 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. Peter Drucker unbroken overcoming promise Unless we realize that the essence of Nazism is also an attempt to solve a universal problem of Western civilization - that of the industrial society - and that the basic principles on which the Nazis base this attempt are also in no way confined to Germany, we do not know what we fight for or what we fight against... The war is being fought for the structure of industrial society - its basic principles, its purposes, and its institutions. Peter Drucker fighting essence war No matter how deeply wedded one may be to the free enterprise system (and I, for one, am wedded for life), one has to accept the need for positive government; one has to consider government action on a sizable scale as desirable rather than as a necessary evil. Peter Drucker government evil needs