Peter Drucker Quotes

The most important, and indeed the truly unique, contribution of management in the 20th century was the fifty-fold increase in the productivity of the MANUAL WORKER in manufacturing. The most important contribution management needs to make in the 21st century is similarly to increase the productivity of KNOWLEDGE WORK and the KNOWLEDGE WORKER.

A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.

More efficient workers are always in an employer's best interest.

The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether business or nonbusiness, will be its knowledge, workers, and their productivity.

It's about the production of the work. I need my workers to stay focused.

To be effective, every knowledge worker, and especially every executive, therefore needs to dispose of time in fairly large chunks. To have small dribs and drabs of time at his disposal will not be sufficient even if the total is an impressive number of hours.

Location is all about the efficiency of work for me.

The speed of the boss is the speed of the team.

We live in an information and knowledge-based economy.

In a knowledge economy, natural selection favors organizations that can most effectively harness and coordinate collective intellectual energy and creative capacity.

People under pressure don’t work better; they just work faster.

Work expands so as to fill the time available for its completion

Avoid trivia.

I worked in a Starbucks that wasn't very popular - before the big coffee boom in London. My boss didn't take kindly to my incessant sitting. I was like, 'Look, I've dusted everything, the stockroom is all figured out... I would rather sit now so I have the energy when a customer does come in.'

It's very challenging to get the right balance between relaxing and working.

Time is money, and the more breaks given, the less money that is made.

When a worker has reached a stable state, further training will not help him.

People don't need to be managed, they need to be unleashed.

Today knowledge is free. It's like air, it's like water... There's no competitive advantage to knowing more than the person next to you. The world doesn't care what you know. What the world cares about is what you can do with what you know.

It's important to know when we need to stop, reflect, and receive. In our competitive world, that might be called a waste of time.

Intellectual capital is the most valuable of all factors of production.

No matter how much pressure you feel at work, if you could find ways to relax for at least five minutes every hour, you’d be more productive.

You need to have proper management if you're going to move forward.

Management is the art of getting three men to do three men's work

Learning has replaced control as the fundamental role of management.