Quotes by Peter Drucker

People often overestimate what they can accomplish in one year. But they greatly underestimate what they could accomplish in five years.

The only way to predict the future is to create it

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

One should waste as little effort as possible on improving areas of low competence. It takes far more energy and work to improve from incompetence to mediocrity than it takes to improve from first-rate performance to excellence.

Whenever you see a successful business someone once made a courageous decision.

Along this tree From root to crown Ideas flow up And vetoes down.

Profitability is the sovereign criterion of the enterprise.

Wherever you see a successful business someone once made a courageous decision.

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

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

The purpose of a business is to create a customer.

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

Business, thats easily defined - its other peoples money.

The most important thing in communication is hearing what isnt said.

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

The computer is a moron.

Few companies that installed computers to reduce the employment of clerks have realized their expectations... They now need more, and more expensive clerks even though they call them operators or programmers.

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

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

Company cultures are like country cultures. Never try to change one. Try, instead, to work with what youve got.