Peter Drucker Management Quotations

Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.

So much of what we call management consists in making it difficult for people to work

There is an enormous number of managers who have retired on the job.

Management is doing a thing right; leadership is doing the right things.

Management by objectives works if you first think through your objectives. Ninety percent of the time you haven't.

Management by objectives works if you know the objectives. Ninety percent of the time you don't.

What gets measured gets managed.

Management is not being brilliant. Management is being conscientious.

Until we can manage time, we can manage nothing else.

The essence of management is to make knowledge productive.

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

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

Top management as a function and as a structure was first developed by Georg Siemens (1839-1901) in Germany between 1870 and 1880, when he designed and built the Deutsche Bank and made it, within a very few years, into continental Europe's leading and most dynamic financial institution.

What's measured improves

A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.

Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.

If you want to improve how you manage time - stop doing what doesn't need to be done!

Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence.

Management has authority only as long as it performs.

Without institution there is no management. But without management there is no institution.

Organizationally what is required - and evolving - is systems management.

what's absolutely unforgivable is the financial benefit top management people get for laying off people. There is no excuse for it. No justification. This is morally and socially unforgivable, and we will pay a heavy price for it.

When the business grows, the person who founded it is incredibly busy. Rapid growth puts an enormous strain on a business. You outgrow your production facilities. You outgrow your management capabilities.