Peter Drucker

Successful people know they need to get many things done – and done effectively. Therefore, they concentrate their time and energy on doing one thing at a time-and on doing first things first.

Peter Drucker

Succession planning often results in the selection of a weaker representation of yourself.

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

Systematic change requires a willingness to look on change as an opportunity.

Peter Drucker

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.

Peter Drucker

The aim of marketing is to make selling superfluous.

Peter Drucker

The area in which the executive first encounters the challenge of strength is in staffing. The effective executive fills positions and promotes on the basis of what a man can do. He does not make staffing decisions to minimize weaknesses but to maximize strength.

Peter Drucker

The basic definition of the business and of its purpose and mission have to be translated into objectives.

Peter Drucker

The critical question is not ‘How can I achieve?’ but ‘What can I contribute?’

Peter Drucker

The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be fast.

Peter Drucker