PF
Peter F. Drucker
532quotes
Quotes by Peter F. Drucker
Peter F. Drucker's insights on:

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Concentration is the key to results. No other principles of effectiveness is violated as constantly today as the basic principle of concentration.

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Concentration is the key to economic results. No other principles of effectiveness is violated as constantly today as the basic principle of concentration.

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Innovation is the specific instrument of entrepreneurship...the act that endows resources with a new capacity to create wealth.

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Teamwork is neither good nor desirable.It is a fact. Wherever people work together or play together they do so as a team. Which team to use for what purpose is a crucial, difficult and risky decision that is even harder to unmake. Managements have yet to learn how to make it.

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The successful person places more attention on doing the right thing rather than doing things right.

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Quality in a product or service is not what the supplier puts in. It is what the customer gets out and is willing to pay for. A product is not quality because it is hard to make and costs a lot of money, as manufacturers typically believe. This is incompetence. Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.
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