Inspirational Quotations

Inspirational Quotes by Peter Drucker (Austrian-born Management Consultant)

Peter Drucker (1909–2005) was an Austrian-born American management consultant, author, and lecturer on the modern organization. He was the most influential management philosopher of the modern era.

Over a 60 year-career, Drucker influenced the thinking of many executives in businesses, not-for-profits, and faith-based organizations. He authored over forty books and numerous essays on managerial skills, management concepts, and social analyses. He has been globally hailed as a seminal thinker, writer, and lecturer on the contemporary organization.

Drucker wrote about concepts such as knowledge workers, decentralization, management by objectives, and so on decades before they were trendy. His writings are devoid of buzzwords and management jargon and easily resonate with his readers. His thoughts are today accepted as conventional wisdom; business school courses around the world require the reading of his books. His keen insight and unique style of expression in clear language continue to have a significant influence on many successful businesspersons and management consultants.

More: Wikipedia READ: Works by Peter Drucker

The most important thing in communication is to hear what isn’t being said.
Peter Drucker

There are times to face the fact that the organization as a whole is not performing-that there are weak results everywhere and little prospect of improving. It may be time to merge or liquidate and put your energies somewhere else.
Peter Drucker

To make knowledge productive, we will have to learn to see both forest and tree. We will have to learn to connect.
Peter Drucker
Topics: Now, Learn, Rest, Will, Knowledge

The honest work of yesterday has lost its social status, its social esteem.
Peter Drucker
Topics: Work

We greatly overestimate what we can accomplish in one year. But we greatly underestimate what we can accomplish in five years.
Peter Drucker

Everything must degenerate into work if anything is to happen.
Peter Drucker
Topics: Work

The purpose of a business is to create a customer.
Peter Drucker
Topics: Doubt, Business

Do the right things instead of trying to do everything right.
Peter Drucker
Topics: Perfectionism

The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the manual worker in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of knowledge work and the knowledge worker.
Peter Drucker
Topics: Knowledge

It’s more important to do the right thing than to do things right.
Peter Drucker
Topics: Integrity

There are an enormous number of managers who have retired on the job.
Peter Drucker
Topics: Stress

Most of what we call management consists of making it difficult for people to get their work done.
Peter Drucker

Business has only two functions—marketing and innovation.
Peter Drucker
Topics: Business

The computer is a moron.
Peter Drucker
Topics: Computers

The corporation is the “master”, the employee is the “servant”. Because the corporation owns the means of production without which the employee could not make a living, the employee needs the corporation more than vice versa.
Peter Drucker
Topics: Capitalism

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.
Peter Drucker
Topics: Innovation

Teamwork is neither “good” nor “desirable”. It is a fact. Wherever people work together or play together they do so as a team. Which team to use for what purpose is a crucial, difficult and risky decision that is even harder to unmake. Managements have yet to learn how to make it.
Peter Drucker
Topics: Teamwork

Objectives are not fate; they are direction. They are not commands; they are commitments. They do not determine the future; they are means to mobilize the resources and energies of the business for the making of the future.
Peter Drucker
Topics: Goals, Commitment

What you have to do and the way you have to do it is incredibly simple. Whether you are willing to do it, that’s another matter.
Peter Drucker
Topics: Willpower, Will Power, Will

Time is the scarcest resource and unless it is managed nothing else can be managed.
Peter Drucker
Topics: Time

The better a man is the more mistakes he will make for the more things he will try.
Peter Drucker
Topics: Mistakes

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

Efficiency is doing better what is already being done.
Peter Drucker

So much of what we call management consists in making it difficult for people to work.
Peter Drucker
Topics: Difficulty, Management

A business exists to create a customer.
Peter Drucker
Topics: Business, Customers

Entrepreneurs innovate. Innovation is the specific instrument of entrepreneurship. It is the act that endows resources with a new capacity to create wealth.
Peter Drucker
Topics: Innovation

Don’t try to innovate for the future. Innovate for the present!
Peter Drucker
Topics: Future

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 Drucker
Topics: Results, Action, Knowledge, Focus, Now, Act

Quality in a product or service is not what the supplier puts in. It is what the customer gets out and is willing to pay for. A product is not quality because it is hard to make and costs a lot of money, as manufacturers typically believe. This is incompetence. Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.
Peter Drucker
Topics: Quality

If results are our goal, they must also be our test.
Peter Drucker

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