Peter Drucker quotes

“Accept the fact that we have to treat almost anybody as a volunteer.”

— Peter Drucker

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

— Peter Drucker

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

— Peter Drucker

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

— Peter Drucker

“Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.”

— Peter Drucker

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

— Peter Drucker

“So much of what we call management consists in making it difficult for people to work.”

— Peter Drucker

“Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.”

— Peter Drucker

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

— Peter Drucker

“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.'”

— Peter Drucker

“The computer is a moron.”

— Peter Drucker

“We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.”

— Peter Drucker

“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.”

— Peter Drucker

“The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.”

— Peter Drucker