657 Quotes by Peter Drucker

Knowledge workers are neither farmers nor labor nor business; they are employees of organizations.

Effective innovations start small. They are not grandiose. They try to do one specific thing.

There is the general belief that the corporation income tax is a tax on the "rich" and on the "fat cats." But with pension funds owning 30% of American large business-and soon to own 50%-the corporation income tax, in effect, eases the load on those in top income brackets and penalizes the beneficiaries of pension funds.

The most effective way to manage change is to create it.

Ideas are like frog eggs: you've got to lay a thousand to hatch one.

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

As to the idea that advertising motivates people, remember the Edsel.

To improve communications, work not on the utter, but the recipient.

Decisions of the kind the executive has to make are not made well by acclamation. They are made well only if based on the clash of conflicting views...The first rule in decision-making is that one does not make a decision unless there is disagreement.