Peter Drucker

If there is any one secret of effectiveness, it is concentration. Effective executives do first things first and they do one thing at a time.

Peter Drucker

If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.

Peter Drucker

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

Peter Drucker

Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.

Peter Drucker

In areas where they are simply incompetent, smart executives don’t make decisions or take actions. They delegate.

Peter Drucker

In human affairs, the distance between the leaders and the average is a constant.

Peter Drucker

In most organizations, the bottleneck is at the top of the bottle.

Peter Drucker

In todays economy, the most important resource is no longer labor, capital or land; it is knowledge.

Peter Drucker

Information is the manager’s main tool, indeed the manager’s capital, and it is he who must decide what information he needs and how to use it.

Peter Drucker

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

Peter Drucker