The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.

Quote by Peter Drucker

Topics: Peter Drucker Quotes

Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility,...

Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility,...

Accept the fact that we have to treat almost anybody as a volunteer.

Accept the fact that we have to treat almost anybody as a volunteer.

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...

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

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

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

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

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

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

The computer is a moron.

The computer is a moron.

Never mind your happiness; do your duty.

Never mind your happiness; do your duty.

My greatest strength as a consultant is to be ignorant and ask a few questions.

My greatest strength as a consultant is to be ignorant and ask a few questions.

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

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

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 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.

The aim of marketing is to know and understand the customer so well the product...

The aim of marketing is to know and understand the customer so well the product...

Making good decisions is a crucial skill at every level.

Making good decisions is a crucial skill at every level.

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...

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...

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......

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

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

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 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.