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

Quote by Peter Drucker

Topics: Peter Drucker Quotes

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

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

Executives owe it to the organization and to their fellow workers not to tolerate nonperforming...

Executives owe it to the organization and to their fellow workers not to tolerate nonperforming...

A manager is responsible for the application and performance of knowledge.

A manager is responsible for the application and performance of knowledge.

Trying to predict the future is like trying to drive down a country road at...

Trying to predict the future is like trying to drive down a country road at...

Suppliers and especially manufacturers have market power because they have information about a product or...

Suppliers and especially manufacturers have market power because they have information about a product or...

We can say with certainty - or 90% probability - that the new industries that...

We can say with certainty - or 90% probability - that the new industries that...

The most important thing in communication is hearing what isn't said.

The most important thing in communication is hearing what isn't said.

The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.

The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications.

Today knowledge has power. It controls access to opportunity and advancement.

Today knowledge has power. It controls access to opportunity and advancement.

Rank does not confer privilege or give power. It imposes responsibility.

Rank does not confer privilege or give power. It imposes responsibility.

We now accept the fact that learning is a lifelong process of keeping abreast of...

We now accept the fact that learning is a lifelong process of keeping abreast of...

Teaching is the only major occupation of man for which we have not yet developed...

Teaching is the only major occupation of man for which we have not yet developed...

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

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

The most efficient way to produce anything is to bring together under one management as...

The most efficient way to produce anything is to bring together under one management as...

Unless commitment is made, there are only promises and hopes... but no plans.

Unless commitment is made, there are only promises and hopes... but no plans.

There is nothing so useless as doing efficiently that which should not be done at...

There is nothing so useless as doing efficiently that which should not be done at...

The best way to predict the future is to create it.

The best way to predict the future is to create it.

Making good decisions is a crucial skill at every level.

Making good decisions is a crucial skill at every level.

Company cultures are like country cultures. Never try to change one. Try, instead, to work...

Company cultures are like country cultures. Never try to change one. Try, instead, to work...

No institution can possibly survive if it needs geniuses or supermen to manage it. It...

No institution can possibly survive if it needs geniuses or supermen to manage it. It...