Quotations

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Peter F. Drucker Quotes

«So much of what we call management consists in making it difficult for people to work»
Author: Peter F. Drucker (Educator, Writer) | About: Management, Work | Keywords: management
«Until we can manage TIME, we can manage nothing else.»
Author: Peter F. Drucker (Educator, Writer) | Keywords: manage
«Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.»
«There is an enormous number of managers who have retired on the job.»
«INNOVATION is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service. It is capable of being presented as a discipline, capable of being learned, capable of being practiced. Entrepreneurs need to search purposefully for the sources of innovation, the changes and their symptoms that indicate opportunities for successful innovation. And they need to know and to apply the principles of successful innovation.»
«We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.»
«Management by objective works - if you know the objectives. Ninety percent of the time you don't.»
«Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted this unique, irreplaceable, and necessary resource. Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.»
«Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folklore and superstition, and of cooperation for force. . .»
«Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past»

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