Top 500 Peter F. Drucker Quotes (2024 Update)
Page 5 of 10

201. “Everybody has accepted by now that change is unavoidable. But that still implies that change is like death and taxes – it should be postponed as long as possible and no change would be vastly preferable. But in a period of upheaval, such as the one we are living in, change is the norm.”

— Peter F. Drucker

202. “As soon as you move one step up from the bottom, your effectiveness depends on your ability to reach others through the spoken and written word.”

— Peter F. Drucker

203. “Managing yourself requires taking responsibility for relationships.”

— Peter F. Drucker

204. “Above all, innovation is not invention. It is a term of economics rather than of technology.”

— Peter F. Drucker

205. “Erroneous assumptions can be disastrous.”

— Peter F. Drucker

206. “A person can perform only from strength. One cannot build performance on weakness, let alone on something one cannot do at all.”

— Peter F. Drucker

207. “The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let the successor run the company.”

— Peter F. Drucker

208. “Effective innovations start small. They are not grandiose. They try to do one specific thing.”

— Peter F. Drucker

209. “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 F. Drucker

210. “Business, that’s easily defined – it’s other people’s money.”

— Peter F. Drucker

211. “No other area offers richer opportunities for successful innovation than the unexpected success.”

— Peter F. Drucker

212. “What can I contribute that will significantly affect the performance and the results of the institution I serve?”

— Peter F. Drucker

213. “Technology is not about tools, it deals with how Man works.”

— Peter F. Drucker

214. “A superior who works on his own development sets an almost irresistible example.”

— Peter F. Drucker

215. “Staffing the opportunities instead of the problems not only creates the most effective organization, it also creates enthusiasm and dedication.”

— Peter F. Drucker

216. “Defending yesterday is far more risky than making tomorrow.”

— Peter F. Drucker

217. “A manager sets objectives – A manager organizes – A manager motivates and communicates – A manager, by establishing yardsticks, measures – A manager develops people .”

— Peter F. Drucker

218. “To satisfy the customer is the mission and purpose of every business.”

— Peter F. Drucker

219. “What managers decide to stop doing is often more important than what they decide to do.”

— Peter F. Drucker

220. “The only real difference between one organization and another is the performance of its people.”

— Peter F. Drucker

221. “Not to innovate is the single largest reason for the decline of existing organizations. Not to know how to manage is the single largest reason for the failure of new ventures.”

— Peter F. Drucker

222. “Any time I have seen someone accomplishing something magnificent, they have been a monomaniac with a mission. A single-minded individual with a passion.”

— Peter F. Drucker

223. “The Pertinent Question is NOT how to do things right – but how to find the right things to do, and to concentrate resources and efforts on them.”

— Peter F. Drucker

224. “Leadership is all hype. We’ve had three great leaders in this century-Hitler, Stalin, and Mao.”

— Peter F. Drucker

225. “Balance Sheets are meaningless. Our accounting systems are still based on the assumption that 80% of costs are manual labor.”

— Peter F. Drucker

226. “The concept of profit maximization is, in fact, meaningless.”

— Peter F. Drucker

227. “Promotion should not be more important than accomplishment, or avoiding instability more important than taking the right risk.”

— Peter F. Drucker

228. “The knowledge that we consider knowledge proves itself in action. What we now mean by knowledge is information in action, information focused on results.”

— Peter F. Drucker

229. “In areas where they are simply incompetent, smart executives don’t make decisions or take actions. They delegate.”

— Peter F. Drucker

230. “Successful careers are not planned. They develop when people are prepared for opportunities because they know their strengths, their method of work, and their values.”

— Peter F. Drucker

231. “To improve communications, work not on the utter, but the recipient.”

— Peter F. Drucker

232. “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.”

— Peter F. Drucker

233. “Quality of character doesn’t make a leader, but the lack of it flaws the entire process.”

— Peter F. Drucker

234. “Too many leaders try to do a little bit of 25 things and get nothing done. They are very popular because they always say yes. But they get nothing done.”

— Peter F. Drucker

235. “Leadership is all about getting results.”

— Peter F. Drucker

236. “The first rule in decision-making is that one does not make a decision unless there is disagreement.”

— Peter F. Drucker

237. “To supply data is not enough. The data have to be integrated with strategy, they have to test a company’s assumptions, and they must challenge a company’s current outlook. One.”

— Peter F. Drucker

238. “Good executives focus on opportunities rather than problems. Problems have to be taken care of, of course; they must not be swept under the rug. But problem solving, however necessary, does not produce results. It prevents damage. Exploiting opportunities produces results.”

— Peter F. Drucker

239. “It takes far more energy and work to improve from incompetence to mediocrity than it takes to improve from first-rate performance to excellence.”

— Peter F. Drucker

240. “A business exists because the consumer is willing to pay you his money. You run a business to satisfy the consumer. That isn’t marketing. That goes way beyond marketing.”

— Peter F. Drucker

241. “Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.”

— Peter F. Drucker

242. “What you have to do and the way you have to do it is incredibly simple. Whether you are willing to do it is another matter.”

— Peter F. Drucker

243. “Innovation opportunities do not come with the tempest but with the rustling of the breeze.”

— Peter F. Drucker

244. “Decision making is the specific executive task.”

— Peter F. Drucker

245. “Work is a process, and any process needs to be controlled. To make work productive, therefore, requires building the appropriate controls into the process of work.”

— Peter F. Drucker

246. “Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.”

— Peter F. Drucker

247. “Whenever anything is being accomplished, it is being done, I have learned, by a monomaniac with a mission.”

— Peter F. Drucker

248. “To make a living is no longer enough. Work also has to make a life.”

— Peter F. Drucker

249. “No one learns as much about a subject as one who is forced to teach it.”

— Peter F. Drucker

250. “The job of a professional manager is not to like people. It is not to change people. It is to put their strengths to work.”

— Peter F. Drucker