American - Businessman | November 19, 1909 - November 11, 2005
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
BusinessMistakesRisksPeopleYear
A manager is responsible for the application and performance of knowledge.
WorkKnowledgePerformanceManager
Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake.
DecisionMistakeDecisionsDangerous
Accept the fact that we have to treat almost anybody as a volunteer.
TreatAcceptVolunteerAlmostFact
We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.
InformationBornNewSayNothing
The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.
TogetherManagementWayPossibleOut
Business, that's easily defined - it's other people's money.
BusinessMoneyPeopleOtherDefined
Few companies that installed computers to reduce the employment of clerks have realized their expectations... They now need more, and more expensive clerks even though they call them 'operators' or 'programmers.'
ComputersExpectationsNowMoreNeed
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