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Peter F. Drucker Quotes

«People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.»
Author: Peter F. Drucker (Educator, Writer) | About: Risk-taking | Keywords: risks
«Leaders shouldn't attach moral significance to their ideas: Do that, and you can't compromise.»
«The really important things are said over cocktails and are never done.»
Author: Peter F. Drucker (Educator, Writer) | Keywords: cocktails
«Decision making is the specific executive task.»
«One cannot buy, rent or hire more time. The supply of time is totally inelastic. No matter how high the demand, the supply will not go up. There is no price for it. Time is totally perishable and cannot be stored. Yesterday's time is gone forever, and will never come back. Time is always in short supply. There is no substitute for time. Everything requires time. All work takes place in, and uses up time. Yet most people take for granted this unique, irreplaceable and necessary resource.»
«The only things that evolve by themselves in an organization are disorder, friction, and malperformance»
«Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes.»
«Management by objectives works if you first think through your objectives. Ninety percent of the time you haven't.»
«We know nothing about motivation. All we can do is write books about it.»
«Production is not the application of tools to materials, but logic to work»

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