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Peter Drucker Quotes about Business

All Peter Drucker Quotes Accomplishment Achievement Age Art Assumption Authority Balance Business quotes Challenges Change Character Choices Commitment Communication Community Country Creativity Culture Decision Making Discipline Doing The Right Thing Economics Economy Education Efficiency Effort Energy Entrepreneurship Excellence Expectations Failing Fighting Focus Future Genius Giving Greatness Growth Innovation Inspiration Inspirational Knowledge Leadership Learning Life Listening Logic Making Decisions Management Marketing Military Motivation Motivational Opportunity Past Personality Planning Power Productivity Purpose Quality Reality Responsibility Retirement Revolution Risk Running School Society Strategy Strength Success Survival Teaching Team Teamwork Technology Time Time Management Today Training Transformation Understanding Values Vision Volunteer War Weakness Wealth Work Writing

If you want something new, you have to stop doing something old

If you want something new, you have to stop doing something old

Inspiring, Business, Creativity

What gets measured gets managed.

Business, Clever, Ironic

The purpose of a business is to create a customer.

Motivational, Business, Loyal Customers

Peter Drucker (2012). “The Frontiers of Management”, p.224, Routledge

Doing the right thing is more important than doing the thing right.

Business, Important, Doing The Right Thing

The true business of every company is to make and keep customers.

Business, Company, Customers

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

Inspirational, Motivational, Business

Peter Drucker (2014). “Innovation and Entrepreneurship”, p.33, Routledge

Marketing is not only much broader than selling, it is not a specialized activity at all. It encompasses the entire business. It is the whole business seen from the point of view of its final result, that is, from the customer's point of view.

Business, Views, Marketing

"The Practice of Management".

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.

Business, Organization, Challenges

More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject.

Business, Lunch, Mba

Meetings are by definition a concession to deficient organization. For one either meets or one works.

Business, Organization, Definitions

"The Essential Drucker: Selections from the Management Works of Peter F. Drucker".

The most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question.

Business, Mistake, Wrong Answers

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

Wise, Business, Work

Peter Drucker (2012). “Managing in Turbulent Times”, p.15, Routledge

Results are obtained by exploiting opportunities, not by solving problems.

Appreciation, Business, Opportunity

Peter Drucker (2013). “People and Performance”, p.102, Routledge

(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss

Business, Loss, Guiding Principles

Business, that's easily defined - it's other people's money.

Money, Business, Insperational

If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.

Business, Law, Forever

Every organization has to prepare for the abandonment of everything it does.

Business, Organization, Doe

Peter Drucker, Harvard Business Review (2016). “The Peter F. Drucker Reader: Selected Articles from the Father of Modern Management Thinking”, p.123, Harvard Business Review Press

The fewer data needed, the better the information. And an overload of information, that is, anything much beyond what is truly needed, leads to information blackout. It does not enrich, but impoverishes.

Business, Data, Doe

Peter Drucker (2012). “Technology, Management and Society”, p.11, Routledge

The next thing to be said about what long-range planning is not, is that it does not deal with future decisions. It deals with the futurity of present decisions. Decisions exist only in the present. The question that faces the long-range planner is not what we should do tomorrow.

Inspirational, Business, Future

"Technology, Management and Society".

The only things that evolve by themselves in an organization are disorder, friction and malperformance.

Inspirational, Business, Organization

Peter Drucker (2013). “People and Performance”, p.172, Routledge

Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake.

Senior, Business, Mistake

Peter Drucker, Harvard Business Review (2016). “The Peter F. Drucker Reader: Selected Articles from the Father of Modern Management Thinking”, p.9, Harvard Business Review Press

The success and ultimately the survival of every business, large or small, depends in the last analysis on its ability to develop people. This ability is not measured by any of our conventional yardsticks of economic success; yet, is the final measurement.

Success, Business, People

Making good decisions is a crucial skill at every level.

Motivational, Leadership, Business

Peter Drucker, Alan Kantrow, Rick Wartzman, Julia Kirby (2016). “Get the Right Things Done: The Drucker Collection (6 Items)”, p.33, Harvard Business Review Press

The most critical case in a corporation, especially a big one, is when everything goes well, when you have accomplished your objectives. When the temptation is to work twice as hard instead of saying, "We have accomplished our objectives, we have to think again."

Business, Thinking, Temptation

Business has only two basic functions - marketing and innovation.

Success, Business, Creativity

Peter Drucker (2012). “Management”, p.67, Routledge

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