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

Quote by Peter Drucker

Topics: Managers Quotes

Knowledge has to be improved, challenged, and increased constantly, or it vanishes.

Knowledge has to be improved, challenged, and increased constantly, or it vanishes.

Making good decisions is a crucial skill at every level.

Making good decisions is a crucial skill at every level.

Management by objective works - if you know the objectives. Ninety percent of the time...

Management by objective works - if you know the objectives. Ninety percent of the time...

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 computer is a moron.

The computer is a moron.

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...

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.

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

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

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

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

Most discussions of decision making assume that only senior executives make decisions or that only...

Most discussions of decision making assume that only senior executives make decisions or that only...

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...

Few companies that installed computers to reduce the employment of clerks have realized their expectations......

Few companies that installed computers to reduce the employment of clerks have realized their expectations......

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

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

Objectives are not fate; they are direction. They are not commands; they are commitments. They...

Objectives are not fate; they are direction. They are not commands; they are commitments. They...

Plans are only good intentions unless they immediately degenerate into hard work.

Plans are only good intentions unless they immediately degenerate into hard work.

Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new...

Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new...

The only thing we know about the future is that it will be different.

The only thing we know about the future is that it will be different.

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

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

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...