Peter Drucker

Business purpose and business mission are so rarely given adequate thought is perhaps the most important cause of business frustration and failure.

Peter Drucker

Business, that’s easily defined – it’s other people’s money.

Peter Drucker

But everyone who can face up to decision making can learn to be an entrepreneur and to behave entrepreneurially. Entrepreneurship, then, is behaviour rather than personality trait. And its foundation lies in concept and theory rather than in intuition.

Peter Drucker

But there seems to be little correlation between a man’s effectiveness and his intelligence, his imagination or his knowledge.

Peter Drucker

Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.

Peter Drucker

Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility, unable to change.

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

Communication always makes demands. It always demands that the recipient become somebody, do something, believe something. It always appeals to motivation.

Peter Drucker

Communism is evil. Its driving forces are the deadly sins of envy and hatred.

Peter Drucker

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

Peter Drucker