“The computer is a moron.”
Computers
“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.”
LeadershipAll Quotes by Peter Drucker
“The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.”
Business“The purpose of a business is to create a customer.”
Business“Teaching is the only major occupation of man for which we have not yet developed tools that make an average person capable of competence and performance. In teaching we rely on the 'naturals,' the ones who somehow know how to teach.”
Teacher“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.”
Power“Knowledge has to be improved, challenged, and increased constantly, or it vanishes.”
Knowledge“So much of what we call management consists in making it difficult for people to work.”
Work“Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got.”
Change“Few companies that installed computers to reduce the employment of clerks have realized their expectations... They now need more, and more expensive clerks even though they call them 'operators' or 'programmers.'”
Computers“A manager is responsible for the application and performance of knowledge.”
Knowledge“The best way to predict the future is to create it.”
Best“No institution can possibly survive if it needs geniuses or supermen to manage it. It must be organized in such a way as to be able to get along under a leadership composed of average human beings.”
Leadership“Management by objective works - if you know the objectives. Ninety percent of the time you don't.”
Time“Business, that's easily defined - it's other people's money.”
Business“Management is doing things right leadership is doing the right things.”
Leadership“The productivity of work is not the responsibility of the worker but of the manager.”
Work“The only thing we know about the future is that it will be different.”
Future“Today knowledge has power. It controls access to opportunity and advancement.”
Knowledge“Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.”
Knowledge“Plans are only good intentions unless they immediately degenerate into hard work.”
Good