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Peter F. Drucker Quotes
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Peter F. Drucker Quote: “All companies are service companies; some also manufacture products.”

All companies are service companies; some also manufacture products.

— Peter F. Drucker



Peter F. Drucker Quote: “The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become “everybody’s entitlement” and an increasing burden on those who produce.”

The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become “everybody’s entitlement” and an increasing burden on those who produce.

— Peter F. Drucker


Peter F. Drucker Quote: “An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction.”

An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction.

— Peter F. Drucker


Peter F. Drucker Quote: “Free enterprise cannot be justified as being good for business. It can be justified only as being good for society.”

Free enterprise cannot be justified as being good for business. It can be justified only as being good for society.

— Peter F. Drucker


Peter F. Drucker Quote: “I’m better about things than about people. I’m more interested in people, but I’m better at ideas.”

I’m better about things than about people. I’m more interested in people, but I’m better at ideas.

— Peter F. Drucker


Peter F. Drucker Quote: “I no longer think that learning how to manage people, especially subordinates, is the most important for executives to learn. I am teaching above all else, how to manage oneself.”

I no longer think that learning how to manage people, especially subordinates, is the most important for executives to learn. I am teaching above all else, how to manage oneself.

— Peter F. Drucker


Peter F. Drucker Quote: “History has been written not by the most talented but by the most motivated.”

History has been written not by the most talented but by the most motivated.

— Peter F. Drucker


Peter F. Drucker Quote: “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.”

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


Peter F. Drucker Quote: “Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.”

Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.

— Peter F. Drucker


Peter F. Drucker Quote: “Almost everybody today believes that nothing in economic history has ever moved as fast as, or had a greater impact than, the Information Revolution. But the Industrial Revolution moved at least as fast in the same time span, and had probably an equal impact if not a greater one.”

Almost everybody today believes that nothing in economic history has ever moved as fast as, or had a greater impact than, the Information Revolution. But the Industrial Revolution moved at least as fast in the same time span, and had probably an equal impact if not a greater one.

— Peter F. Drucker



Peter F. Drucker Quote: “Look upon every obstacle as part payment towards your success.”

Look upon every obstacle as part payment towards your success.

— Peter F. Drucker


Peter F. Drucker Quote: “A management decision is irresponsible if it risks disaster this year for the sake of a grandiose future.”

A management decision is irresponsible if it risks disaster this year for the sake of a grandiose future.

— Peter F. Drucker


Peter F. Drucker Quote: “The three most charismatic leaders in this century inflicted more suffering on the human race than almost any trio in history: Hitler, Stalin, and Mao. What matters is not the leader’s charisma. What matters is the leader’s mission.”

The three most charismatic leaders in this century inflicted more suffering on the human race than almost any trio in history: Hitler, Stalin, and Mao. What matters is not the leader’s charisma. What matters is the leader’s mission.

— Peter F. Drucker


Peter F. Drucker Quote: “We do not need more laws. No country suffers from a shortage of laws. We need a new model .”

We do not need more laws. No country suffers from a shortage of laws. We need a new model .

— Peter F. Drucker


Peter F. Drucker Quote: “Tomorrow always arrives. It is always different. And even the mightiest company is in trouble if it has not worked on the future. Being surprised by what happens is a risk that even the largest and richest company cannot afford, and even the smallest business need not run.”

Tomorrow always arrives. It is always different. And even the mightiest company is in trouble if it has not worked on the future. Being surprised by what happens is a risk that even the largest and richest company cannot afford, and even the smallest business need not run.

— Peter F. Drucker


Peter F. Drucker Quote: “The moment people talk of “implementing” instead of “doing,” and of “finalizing” instead of “finishing,” the organization is already running a fever.”

The moment people talk of “implementing” instead of “doing,” and of “finalizing” instead of “finishing,” the organization is already running a fever.

— Peter F. Drucker


Peter F. Drucker Quote: “Providing more desirable products, services, and customer experiences is vital to the continued existence of any business. And that is INNOVATION.”

Providing more desirable products, services, and customer experiences is vital to the continued existence of any business. And that is INNOVATION.

— Peter F. Drucker


Peter F. Drucker Quote: “The honest work of yesterday has lost its social status, its social esteem.”

The honest work of yesterday has lost its social status, its social esteem.

— Peter F. Drucker


Peter F. Drucker Quote: “Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.”

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

— Peter F. Drucker


Peter F. Drucker Quote: “It is commonly believed that innovations create changes – but few ever do. Successful innovations exploit changes that have already happened.”

It is commonly believed that innovations create changes – but few ever do. Successful innovations exploit changes that have already happened.

— Peter F. Drucker



Peter F. Drucker Quote: “Economists talk about profit motive, but nothing motivates modern man more than a chance to avoid taxes!”

Economists talk about profit motive, but nothing motivates modern man more than a chance to avoid taxes!

— Peter F. Drucker


Peter F. Drucker Quote: “The computer is a moron.”

The computer is a moron.

— Peter F. Drucker


Peter F. Drucker Quote: “The correct assumption is that what individuals have learned by age twenty-one will begin to become obsolete five to ten years later and will have to be replaced-or at least refurbished-by new learning, new skills, new knowledge.”

The correct assumption is that what individuals have learned by age twenty-one will begin to become obsolete five to ten years later and will have to be replaced-or at least refurbished-by new learning, new skills, new knowledge.

— Peter F. Drucker


Peter F. Drucker Quote: “In the managerial organization, the top people sit in judgment; in the innovative organization it is their job to encourage ideas, no matter how unripe or crude.”

In the managerial organization, the top people sit in judgment; in the innovative organization it is their job to encourage ideas, no matter how unripe or crude.

— Peter F. Drucker


Peter F. Drucker Quote: “I have been saying for many years that we are using the word ‘guru’ only because ‘charlatan’ is too long to fit into a headline.”

I have been saying for many years that we are using the word ‘guru’ only because ‘charlatan’ is too long to fit into a headline.

— Peter F. Drucker


Peter F. Drucker Quote: “Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.”

Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.

— Peter F. Drucker


Peter F. Drucker Quote: “With Christianity, freedom and equality became the two basic concepts of Europe; they are themselves Europe.”

With Christianity, freedom and equality became the two basic concepts of Europe; they are themselves Europe.

— Peter F. Drucker


Peter F. Drucker Quote: “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.”

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 F. Drucker


Peter F. Drucker Quote: “Any organisation develops people; it either forms them or deforms them.”

Any organisation develops people; it either forms them or deforms them.

— Peter F. Drucker


Peter F. Drucker Quote: “The one person to distrust is the one who never makes a mistake. Either he is a phony, or he stays with the safe, the tried, and the trivial.”

The one person to distrust is the one who never makes a mistake. Either he is a phony, or he stays with the safe, the tried, and the trivial.

— Peter F. Drucker


Peter F. Drucker Quote: “Keep your eye on the task, not on yourself. The task matters, and you are a servant.”

Keep your eye on the task, not on yourself. The task matters, and you are a servant.

— Peter F. Drucker


Peter F. Drucker Quote: “To be a manager requires more than a title, a big office, and other outward symbols of rank. It requires competence and performance of a high order.”

To be a manager requires more than a title, a big office, and other outward symbols of rank. It requires competence and performance of a high order.

— Peter F. Drucker


Peter F. Drucker Quote: “Salvation by society failed the most where it promised the most, in the communist countries. But it also failed in the West. Practically no government program enacted since the 1950s in the Western world – or in the communist countries – has been successful.”

Salvation by society failed the most where it promised the most, in the communist countries. But it also failed in the West. Practically no government program enacted since the 1950s in the Western world – or in the communist countries – has been successful.

— Peter F. Drucker


Peter F. Drucker Quote: “We can ill afford to have activities conducted as “non-profit,” that is, as activities that devour capital rather than form it, if they can be organized as activities that form capital, as activities that make a profit.”

We can ill afford to have activities conducted as “non-profit,” that is, as activities that devour capital rather than form it, if they can be organized as activities that form capital, as activities that make a profit.

— Peter F. Drucker


Peter F. Drucker Quote: “There is one qualification the manager cannot acquire but must bring to the task. It is not genius; it is character.”

There is one qualification the manager cannot acquire but must bring to the task. It is not genius; it is character.

— Peter F. Drucker


Peter F. Drucker Quote: “Of those things that would make a difference, which are right for me?”

Of those things that would make a difference, which are right for me?

— Peter F. Drucker


Peter F. Drucker Quote: “Management is not being brilliant. Management is being conscientious.”

Management is not being brilliant. Management is being conscientious.

— Peter F. Drucker


Peter F. Drucker Quote: “All earlier pluralist societies destroyed themselves because no one took care of the common good. They abounded in communities but could not sustain community, let alone create it.”

All earlier pluralist societies destroyed themselves because no one took care of the common good. They abounded in communities but could not sustain community, let alone create it.

— Peter F. Drucker


Peter F. Drucker Quote: “When a subject becomes totally obsolete we make it a required course.”

When a subject becomes totally obsolete we make it a required course.

— Peter F. Drucker


Peter F. Drucker Quote: “The computer, being a mechanical moron, can handle only quantifiable data.”

The computer, being a mechanical moron, can handle only quantifiable data.

— Peter F. Drucker


Peter F. Drucker Quote: “The knowledge that we consider knowledge proves itself in action. What we now mean by knowledge is information in action, information focused on results.”

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


Peter F. Drucker Quote: “The healthier a new venture and the faster it grows, the more financial feeding it requires.”

The healthier a new venture and the faster it grows, the more financial feeding it requires.

— Peter F. Drucker


Peter F. Drucker Quote: “If a government commission had worked on the horse, you would have the first horse that could operate its knee joint in both directions. The trouble is it couldn’t have stood up.”

If a government commission had worked on the horse, you would have the first horse that could operate its knee joint in both directions. The trouble is it couldn’t have stood up.

— Peter F. Drucker


Peter F. Drucker Quote: “Adversarial power relationships only work if you never have to see or work with the bastards again.”

Adversarial power relationships only work if you never have to see or work with the bastards again.

— Peter F. Drucker


Peter F. Drucker Quote: “The building of a personality beyond its normal limitations.”

The building of a personality beyond its normal limitations.

— Peter F. Drucker


Peter F. Drucker Quote: “It is better to pick the wrong priority than none at all.”

It is better to pick the wrong priority than none at all.

— Peter F. Drucker


Peter F. Drucker Quote: “Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.”

Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.

— Peter F. Drucker


Peter F. Drucker Quote: “Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.”

Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.

— Peter F. Drucker


Peter F. Drucker Quote: “In areas where they are simply incompetent, smart executives don’t make decisions or take actions. They delegate.”

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

— Peter F. Drucker


Peter F. Drucker Quote: “When Henry Ford said, “The customer can have a car in any color as long as it’s black,” he was not joking.”

When Henry Ford said, “The customer can have a car in any color as long as it’s black,” he was not joking.

— Peter F. Drucker

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