Peter Drucker Quotes


Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for force. It means the substitution of responsibility for obedience to rank, and of authority of performance for the authority of rank.


Citations

Drucker, Peter F. People and Performance: The Best of Peter Drucker on Management. Harper's College Press, 1977.

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Peter Drucker
Peter Drucker
  • Born: November 19, 1909
  • Died: November 11, 2005
  • Nationality: American
  • Profession: Management Consultant, Educator Author

Peter Ferdinand Drucker was an Austrian management consultant, educator, and author, whose writings contributed to the philosophical and practical foundations of the modern business corporation. He was also a leader in the development of management education, he invented the concept known as management by objectives and self-control, and he has been described as "the founder of modern management".