The concept of profit maximization is, in fact, meaningless. Peter Drucker More Quotes by Peter Drucker More Quotes From Peter Drucker Knowledge is the source of Wealth. Applied to tasks we already know, it becomes Productivity. Applied to tasks that are new, it becomes Innovation. Peter Drucker innovationtasksknowledge Here I am, fifty-eight, and I still don't know what I'm going to be when I grow up. Peter Drucker eightgrowing-uphere-i-am In the Western tradition, we have focused on teaching as a skill and forgotten what Socrates knew: teaching is a gift, learning is a skill. Peter Drucker skillsteachingforgotten Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you. Peter Drucker energyleadershipjobs Time is the scarcest resource and unless it is managed nothing else can be managed. Peter Drucker wisetimelife The "non-profit" institution neither supplies goods or services not controls. Its "product" is neither a pair of shoes nor an effective regulation. Its product is a changed human being. The non-profit institutions are human-change agents. Their "product" is a cured patient, a child that learns, a young man or woman grown into a self-respecting adult; a changed human life altogether. Peter Drucker selfmenchildren We've spent the last 30 years focusing on the T in IT, and we'll spend the next 30 years focusing on the I. Peter Drucker nextlastsyears Management and entrepreneurship are only two different dimensions of the same task. An entrepreneur who does not learn how to manage will not last long. A management that does not learn to innovate will not last long. Peter Drucker entrepreneurtwolong Every time you do something that is important, write down what you expect will happen. Peter Drucker importanthappenswriting Marketing and innovation make money. Everything else is a cost. Peter Drucker innovationcostmarketing Do the right things instead of trying to do everything right. Peter Drucker right-thingworktrying The greatest challenge to organizations is the balance between continuity and change. You need both. At different times, the balance is slightly more over here, or slightly more over there, but you need both. And balance is basically the greatest task in leadership. Organizations have to have continuity, and yet if there is not enough new challenge, not enough change, they become empty bureaucracies, awfully fast. Peter Drucker organizationbusinesschallenges We spend a lot of time teaching leaders what to do. We don't spend enough time teaching leaders what to stop. Half the leaders I have met don't need to learn what to do. They need to learn what to stop Peter Drucker enough-timeleaderteaching History has been written not by the most talented but by the most motivated. Peter Drucker motivatedhas-beenswritten The better a man is the more mistakes will he make – for the more new things he will try. Peter Drucker failuremistakemen The successful person places more attention on doing the right thing rather than doing things right. Peter Drucker inspirationsuccessattention The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself. Peter Drucker selling-productseducationalloyalty If you want to know what the future is, be part of its development. Peter Drucker developmentknowswant Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist and cannot yet be clearly defined. Peter Drucker educationworkmen To make a living is no longer enough. Work also has to make a life. Peter Drucker enoughwork
