People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year. Peter Drucker biggenerallymake Change image and share on social
Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake. Peter Drucker assumedangerousdecision Change image and share on social
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
Teaching is the only major occupation of man for which we have not yet developed tools that make an average person capable of competence and performance. In teaching we rely on the 'naturals', the ones who somehow know how to teach. Peter Drucker averagecapablecompetence share on social
Management by objective works - if you know the objectives. Ninety percent of the time you don't. Peter Drucker managementninetyobjective Change image and share on social
Rank does not confer privilege or give power. It imposes responsibility. Peter Drucker confergiveimpose Change image and share on social
Never mind your happiness; do your duty. Peter Drucker dutyhappinessmind Change image and share on social
Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth. Peter Drucker actcapacitycreate Change image and share on social
The most important thing in communication is hearing what isn't said. Peter Drucker communicationhearimportant Change image and share on social
