Peter Drucker

Profit is not a cause but a result.

One cannot hire a hand; the whole man always comes with it.

A manager sets objectives, organizes, motivates and communicates, measures, and develops people.

The purpose of an organization is to enable common men to do uncommon things.

Business has only two basic functions: marketing and innovation.

There is only one valid definition of a business purpose: to create a customer.

We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.

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

Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes.

The aim of marketing is to know and understand the customer so well the product or service fits him and sells itself.

Today knowledge has power. It controls access to opportunity and advancement.

No institution can possibly survive if it needs geniuses or supermen to manage it. It must be organized in such a way as to be able to get along under a leadership composed of average human beings.