Quotes by Peter F. Drucker

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

“Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.”

“A business exists to create a customer”

“Words should be used as tools of communication and not as a substitute for action”

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

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

The knowledge that we consider knowledge proves itself in action. What we now mean by knowledge is information in action, information focused on results.

Efficiency is doing the thing right. Effectiveness is doing the right thing.

The leaders who work most effectively, it seems to me, never say I. And thats not because they have trained themselves not to say I. They dont think I. They think we; they think team. They understand their job to be to make the team function. They accept responsibility and dont sidestep it, but we gets the credit. This is what creates trust, what enables you to get the task done.

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

People in any organization are always attached to the obsolete - the things that should have worked but did not, the things that once were productive and no longer are.

Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you.

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

If you want something new, you have to stop doing something old

Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.

The best way to predict your future is to create it

The purpose of business is to create and keep a customer.

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

There is only one valid definition of business purpose: to create a customer.

Nothing is less productive than to make more efficient what should not be done at all.