Peter Drucker Quotes and its meanings

The best way to predict the future is to create it.

Business, that's easily defined - it's other people's money.

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

We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.

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

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

When a subject becomes totally obsolete we make it a required course.

The best way to predict the future is to create it.

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

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

Never mind your happiness do your duty.

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

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

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

Effective leadership is not about making speeches or being liked leadership is defined by results not attributes.

Management is doing things right leadership is doing the right things.

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.

We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.

Business, that's easily defined - it's other people's money.

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

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

Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.

My greatest strength as a consultant is to be ignorant and ask a few questions.

Teaching is the only major occupation of man for which we have not yet developed tools that make an average person capable of competence and performance. In teaching we rely on the 'naturals,' the ones who somehow know how to teach.

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

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

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

Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.

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

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

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