Quotes by Peter Drucker

“A business that makes nothing but money is a poor business.”

“An organization is only as good as the people in it.”

“Businesses are successful when they meet the needs of their customers.”

“Do not focus on the question, ‘How do I do it?’ Focus on ‘What is the best thing I can do?'”

“Don’t ever ask yourself, ‘Can we do it?’ Ask yourself, ‘What can we do?’”

“Don’t just manage for today. Prepare for the future.”

“Effective executives know that results are created by actions, not intentions.”

“Effective leaders inspire others to achieve what they never thought possible.”

“Effective leadership is not about making speeches or being liked; leadership is defined by results, not attributes.”

“Effective leadership requires making tough decisions.”

“Effective management is about doing the right things at the right time.”

“Efficiency is doing things right; effectiveness is doing the right things.”

“Entrepreneurship is the act of creating and building a new business or enterprise in a continuously evolving environment.”

“Every decision a manager makes should be based on a deep understanding of the customer.”

“Great businesses are created by building great relationships.”

“Growth is the result of smart decision-making and disciplined execution.”

“If you want something new, you have to stop doing something old.”

“If you want to be a great leader, learn how to listen.”

“In a world of rapid change, what is successful today may not be successful tomorrow.”

“Innovation is the process of turning ideas into invoices.”

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

“It’s not about how much you do, but how much you get done.”

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

“Knowledge is the source of power, and learning is the key to the future.”

“Knowledge workers are the backbone of the modern organization.”

“Leadership is not about being in charge; it’s about taking care of those in your charge.”

“Making good decisions is a crucial part of good leadership.”

“Management is about human beings. Its task is to make people capable of joint performance, to make their strengths effective and their weaknesses irrelevant.”

“Management is doing things right; leadership is doing the right things.”

“Management is not doing things right. Management is doing the right things.”

“No company can afford to ignore innovation.”

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

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

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

“Strategy is a commodity, execution is an art.”

“Strategy is not just about competition, it’s about creating value.”

“Success in business depends on how well you anticipate and respond to change.”

“Success in business is about continuously improving and innovating.”

“Success is not just about doing things well. It’s about doing the right things.”

“The aim of marketing is to know and understand the customer so well that the product or service fits him and sells itself.”

“The best way to improve performance is to focus on the right priorities.”

“The best way to manage change is to create it.”

“The business of business is to create customers.”

“The customer’s satisfaction is the key to business success.”

“The effective decision-maker focuses on results rather than on how the problem arose.”

“The effective executive knows that the business of leadership is not to manage but to make decisions.”

“The effective executive knows that the greatest value of a business is its people.”

“The fundamental purpose of business is to create a customer.”

“The future belongs to those who create it.”

“The future is not something we enter. The future is something we create.”

“The key to innovation is that it is often about incremental improvements rather than big breakthroughs.”

“The more that management does for the workers, the less the workers do for themselves and others.”

“The most common source of mistakes in management decisions is the emphasis on finding the right answer rather than the right question.”

“The most important part of communication is listening, not talking.”

“The most important task of an organization is to create customers and retain them.”

“The most important thing a company can do is create and keep a customer.”

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

“The most important thing in communication is to listen.”

“The most important thing in leadership is the ability to make decisions.”

“The organization’s most valuable asset is its ability to learn.”

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

“The purpose of a business is to create a customer. Business has only two functions – marketing and innovation.”

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

“The secret to innovation is not doing something new, but doing something different.”

“The task of leadership is to create an alignment of strengths so that weaknesses are irrelevant.”

“The true test of an executive is not how he handles success, but how he handles failure.”

“The ultimate goal of business is to create value, both for the customer and the company.”

“The value of a business lies in the customers it serves.”

“There are no results without follow-up.”

“There is nothing so useless as doing efficiently that which should not be done at all.”

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

“To survive, to grow, to innovate, and to lead, we must continue to learn.”

“We always know more than we think we know, and we can do more than we think we can.”

“What you do is what matters, not what you think or say or plan.”

“Without effective communication, no organization can succeed.”

“You can’t manage what you can’t measure.”

“Your first and most important job is to focus on results, not on activities.”