Reference: goodreads.com

A Collection of Quotes

from

Peter F. Drucker

Peter Ferdinand Drucker was an Austrian-born

American management consultant, educator, and

author, whose writings contributed to the philosophical

and practical foundations of the modern business

corporation.

Born: November 19, 1909, Vienna, Austria

Died: November 11, 2005, Claremont, CA

Education: Goethe University Frankfurt

Influenced by: Joseph Schumpeter, Frederick Winslow

Taylor, Mary Parker Follett, John Maynard Keynes

Awards: Presidential Medal of Freedom

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“The fundamental task of management is to make people capable of joint performance through common goals, common values, the right structure, and the trainingand development they needto perform and to respond to change.”— Peter Drucker

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“Knowledge has to be improved, challenged, and increased constantly, or it vanishes.”– Dr. Peter F. Drucker

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“The problem with my life, and other people's, is not the absence of knowing what to do, but the absence of doing it.”– Dr. Peter F. Drucker

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“Whatever products and services you supply to your customers, the main purpose of your business is to train and develop your people.”– Dr. Peter F. Drucker

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“The productivity of work is not the responsibility of the worker but of the manager.”– Dr. Peter F. Drucker

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“Accept the fact that we have to treat almost anybody as a volunteer.”– Dr. Peter F. Drucker

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“The most important thing in communication is hearing what isn’t said.”– Dr. Peter F. Drucker

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“Culture eats strategy for breakfast.”– Dr. Peter F. Drucker

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“Making good decisions is a crucial skill at every level.”– Dr. Peter F. Drucker

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“My greatest strength as a consultant is to be ignorant and ask a few questions.”– Dr. Peter F. Drucker

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“The best way to predict the future is to create it.”– Dr. Peter F. Drucker

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“Management is doing things right; leadership is doing the right things.”– Dr. Peter F. Drucker

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“Business, that’s easily defined – it’s other people’s money.”– Dr. Peter F. Drucker

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“There is nothing so useless as doing efficiently that which should not be done at all.”– Dr. Peter F. Drucker

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“The most important thing in communication is hearing what isn’t said.”– Dr. Peter F. Drucker

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“Management by objective works – if you know the objects. Ninety percent of the time you don’t.”– Dr. Peter F. Drucker

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“Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.”– Dr. Peter F. Drucker

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“Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes.”– Dr. Peter F. Drucker

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“The entrepreneur always searches for change, repsonds to it, and exploits it as an opportunity.”– Dr. Peter F. Drucker

Dr. Peter F. Drucker’sNine Functions of a Mentor

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1. “Define the landscape.” Focus on details to get things done – see the landscape to plot a course. Mentors are fresh eyes.

2. “Expose ‘white space’ – define opportunities – what is needed now.” Passion disconnected from meeting needs is wasted. Sincerity is not enough.

3. “Clarify strengths and capacities.” Tapping untapped strengths represents new directions, deeper fulfillment, and greater fruitfulness.

4. “Identify incorrect assumptions.” Listen for limiting beliefs.5. “Encouragement to ‘go for it’.” Great mentors inspire action. Dreaming big is only a beginning. Dreams

without action drain vitality and affirm helplessness.6. “Help sort out the right strategies.” Mentors bring strategic thinking to your personal strengths and individual

passions.7. “Affirm results.” Success creates focus, fuels motivation, and confirms direction.8. “Point out wasted effort.” Stopping is harder than starting. One the most challenging lessons in leadership is

learning that trying harder doesn’t work, if you’re stuck. Mentors point out spinning wheels and flying mud.9. Establish “gentle accountability.” Accountability in mentoring relationships is an agreement. It’s not imposed

by dictatorial mentors.