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Maxioms by Peter F. Drucker

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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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Unless commitment is made, there are only promises and hopes; but no plans.

Unless commitment is made, there are only promises and hopes; but no plans.

by Peter F. Drucker Found in: Committment 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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So much of what we call management consists in making it difficult for people to work

So much of what we call management consists in making it difficult for people to work

by Peter F. Drucker Found in: Management Quotes,
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Efficiency is doing better what is already being done.

Efficiency is doing better what is already being done.

by Peter F. Drucker Found in: Efficiency Quotes,
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