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Maxioms by Peter F. Drucker

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

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

by Peter F. Drucker Found in: Management Quotes,
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It pays to plan ahead. It wasn't raining when Noah built the ark.

It pays to plan ahead. It wasn't raining when Noah built the ark.

by Peter F. Drucker Found in: Planning Quotes,
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Quality in a product or service is not what the supplier puts in. It is what the customer gets out read more

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.

by Peter F. Drucker Found in: Quality Quotes,
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Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.

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

by Peter F. Drucker Found in: Innovation Quotes,
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Mentor: Someone whose hindsight can become your foresight

Mentor: Someone whose hindsight can become your foresight

by Peter F. Drucker Found in: Foresight Quotes,
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