Peter Drucker

Listening is not a skill; it is a discipline.

Peter Drucker

Long range planning does not deal with future decisions, but with the future of present decisions.

Peter Drucker

Look upon every obstacle as part payment towards your success.

Peter Drucker

Luck never built a business. Prosperity and growth come only to the business that systematically finds and exploits its potential.

Peter Drucker

Making good decisions is a crucial skill at every level.

Peter Drucker

Management and entrepreneurship are only two different dimensions of the same task. An entrepreneur who does not learn how to manage will not last long. A management that does not learn to innovate will not last long.

Peter Drucker

Management has authority only as long as it performs.

Peter Drucker

Management is not being brilliant. Management is being conscientious.

Peter Drucker

Management must take the lead in making obsolete its own products and services rather than waiting for a competitor to do so.

Peter Drucker

Managements are paid for their judgment, but they are not being paid to be infallible. In fact, they are being paid to realize and admit that they have been wrong – especially when their admission opens up an opportunity. But this is by no means common.

Peter Drucker