Peter Drucker
Efficiency is doing things right; effectiveness is doing the right things.
The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
There is nothing so useless as doing efficiently that which should not be done at all.
Management by objective works – if you know the objectives. Ninety percent of the time you don’t.
If you want something new, you have to stop doing something old.
Doing the right thing is more important than doing the thing right.
Accept the fact that we have to treat almost anybody as a volunteer.
Meetings are a symptom of bad organization. The fewer meetings the better.
Time is the scarcest resource of the manager; If it is not managed, nothing else can be managed.
Whenever you see a successful business, someone once made a courageous decision.
No one learns as much about a subject as one who is forced to teach it.
History has been written not by the most talented but by the most motivated.
A person can perform only from strength. One cannot build performance on weakness, let alone on something one cannot do at all.
Strategy is a commodity, execution is an art.
Business has only two functions — marketing and innovation.
The greatest danger in times of turbulence is not the turbulence – it is to act with yesterday’s logic.
Do not believe that it is very much of an advance to do the unnecessary three times as fast.
The most serious mistakes are not being made as a result of wrong answers. The true dangerous thing is asking the wrong question.
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