Peter Drucker Quotes

Google worries - and rightly so - about how hard it is for a big company to come up with the next hot thing.

In any business, you have to evolve.

I look at every business and ask, How long can this last? How can I identify the status quo and change it?

Defending yesterday … is far more risky than making tomorrow.

Build a company that changes the way things get done!

Tomorrow always arrives. It is always different. And even the mightiest company is in trouble if it has not worked on the future. Being surprised by what happens is a risk that even the largest and richest company cannot afford, and even the smallest business need not run.

In a business, you've got to move on.

By doing what they must do to keep their margins strong and their stock price healthy, every company paves the way for its own disruption.

In embracing change, entrepreneurs ensure social and economic stability.

The most successful businessman is the man who holds onto the old just as long as it is good, and grabs the new just as soon as it is better.

From a product development perspective, choosing whether a technology is disruptive at a potential moment is key.

If you only do things where you know the answer in advance, your company goes away.

No company can afford not to move forward. It may be at the top of the heap today but at the bottom of the heap tomorrow, if it doesn't.

Even when early innovations start to succeed, it is not uncommon to see growing businesses sabotaged for threatening the status quo.

If you're not a risk taker, you should get the hell out of business.

If companies don't think systemically enough - if they try to capture too much of the value - eventually, innovation moves somewhere else.

When you're a large company with significant market share, it's tempting to view market disruptions as a threat, but we view them as an opportunity.

Since I became CEO, 87 percent of the companies in the Fortune 500 are off the list. What that says is that companies that don't reinvent themselves will be left behind. I also think that's true of people. And I think it's true of countries.

You either innovate or you become defunct.

Challenges need to be given to an organization.

If you're doing business, not that simple to only buy. You have to create something. You have to create something that never exist for the future.

I think we need ideas for the future.

Business comes and goes and we make a strategic decision that could lead you to whole new place.

New products, new markets, new investors, and new ways of doing things are the lifeblood of growth. And while each innovation carries potential risk, businesses that don't innovate will eventually diminish.