Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands. Peter Drucker brandcustomerexplain share on social
The purpose of a business is to create a customer. Peter Drucker businesscreatecustomer Change image and share on social
Plans are only good intentions unless they immediately degenerate into hard work. Peter Drucker degenerategoodhard Change image and share on social
My greatest strength as a consultant is to be ignorant and ask a few questions. Peter Drucker consultantgreatignorant Change image and share on social
Today knowledge has power. It controls access to opportunity and advancement. Peter Drucker accessadvancementcontrol Change image and share on social
Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes. Peter Drucker attributedefineeffective Change image and share on social
The only thing we know about the future is that it will be different. Peter Drucker futurething Change image and share on social
Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information. Peter Drucker checkdecisionexecutive Change image and share on social
Accept the fact that we have to treat almost anybody as a volunteer. Peter Drucker acceptfacttreat Change image and share on social
The best way to predict the future is to create it. Peter Drucker createfuturepredict Change image and share on social