657 Quotes by Peter Drucker

One does not start with facts. One starts with opinions.

Luck never built a business. Prosperity and growth come only to the business that systematically finds and exploits its potential.

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

Erroneous assumptions can be disastrous.

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

Work is an extension of personality. It is achievement. It is one of the ways in which a person defines himself, measures his worth, and his humanity.

Above all, innovation is not invention. It is a term of economics rather than of technology.

Fascism is the result of the collapse of Europe's spiritual and social order catastrophes broke through the everyday routine which makes men accept existing forms, institutions and tenets as unalterable natural laws. They suddenly exposed the vacuum behind the facade of society.

It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity.