Peter Drucker Wise Quotations

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

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

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

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

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

Time is the scarcest resource and unless it is managed nothing else can be managed.

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

Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.

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

Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.

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.

Management by objective works - if you know the objectives. Ninety percent of the time you don't.