Peter Drucker

Never underrate the boss! The boss may look illiterate. He may look stupid. But there is no risk at all in overrating a boss. If you underrate him he will bitterly resent it or impute to you the deficiency in brains and knowledge you imputed to him.

Peter Drucker

No business can do everything. Even if it has the money, it will never have enough good people. It has to set priorities. The worst thing to do is a little bit of everything. This makes sure that nothing is being accomplished. It is better to pick the wrong priority than none at all.

Peter Drucker

No decision has been made unless carrying it out in specific steps has become someone’s work assignment and responsibility.

Peter Drucker

No executive has ever suffered because his subordinates were strong and effective.

Peter Drucker

No financial man will ever understand business because financial people think a company makes money. A company makes shoes, and no financial man understands that. They think money is real. Shoes are real.

Peter Drucker

No institution can possibly survive if it needs geniuses or supermen to manage it. It must be organized in such a way as to be able to get along under a leadership composed of average human beings.

Peter Drucker

No society can function as a society, unless it gives the individual member social status and function, and unless the decisive social power is legitimate.

Peter Drucker

Nobody in the world is as good at making decisions as the Japanese.

Peter Drucker

Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.

Peter Drucker

Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.

Peter Drucker