Lessons From Peter Drucker Posts


You can’t avoid failure completely. Sometimes you’re going to make mistakes—and if it’s not you, someone else will make them for you. However, these kinds of failures can be very valuable in that you will learn what (and...
Drucker's Most Incredible Idea
Published: 2011-07-11
Drucker was fond of pointing out that the greatest advances in management came from taking ideas from a completely different field and applying them to the man...
Drucker summarized what he expected from the leader with one of Hippocrates’s concepts: primum non nocere. This means "above all, do no harm." Hippocrates was a Greek physician born in 460 BC. As Peter Drucker i...
Drucker was an entrepreneur, and in many ways he promoted entrepreneurial approaches for all business functions, whether they were inherently entrepreneurial or not. Perhaps his most well-known question suggested that any manager ask himself: "Wha...
Quality is a very necessary and important part of the product or service that you offer: whether the product is an automobile or an airplane, potential candidates for a job, or due diligence accomplished by a consultant, attorney, or accountant...
Investigating the best sources of innovations, Drucker found that there was considerable danger from what he called "the bright idea." This was his term for an innovation that was vague and elusive and accepted for development without much real...
I heard Peter say a lot of strange things when I was his student, but this has got to be one of the most unusual that I’d heard up to that time. I think most of my Drucker classmates agreed. Indeed, until Drucker came along most everyone bel...
Years ago Peter Drucker wrote that "Because the purpose of business is to create a customer, the business enterprise has two--and only two--basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are cos...
How to Succeed in Business
Published: 2010-12-02
To Peter Drucker, management was more than a job, even more than a profession. It was a calling. From him I learned something that I have tried to express in all of my books, speeches, and articles. You don’t get ahead by fighting your way...
The Courage to Prevail
Published: 2010-11-01
Drucker said that fear of losing one’s job was inconsistent with the ability to perform optimally as a manager. In fact, any fear can negatively affect the...
Peter Drucker was the first to understand that the basis of success in any business rested on only two basic functions. I emphasize that Drucker referred to an...
Drucker was once a serious musician and he studied music composition under a famous Austrian composer, Anton Webern. Drucker knew that he was progressing prett...
Journalists interviewing me about my books on Drucker frequently ask this question: "What was Drucker’s most valuable lesson?" With so many insights, so...
Doris Drucker, Peter Drucker’s widow, is 99 years young. She is bright, charming and energetic. She exercises with weights, plays a mean game of tennis and travels the world promoting Peter’s values and ideas. She has accomplished much in her own...
Adapted from Drucker on Leadership (Jossey-Bass, 2010) Drucker concluded that considerations for workers in and out of the workplace were the responsibility of the corporate leader just as much as the profits, survival, and g...
Drucker felt that personal integrity had to be a part of everything that a manager did, and that without it, a leader had no legitimacy to lead. Personal integrity frequently plays a major role in a professional becoming a leader, and personal int...
Drucker on Business Ethics
Published: 2010-03-11
Drucker was extremely ethical in his outlook and all he did. On a personal level he was one of the most ethical individuals I have ever met. However from both his writing and classroom lectures, it was clear that he struggled mighti...
How to Develop a Strategy
Published: 2010-02-12
Drucker’s views on strategy were quite different from those taught by others. He did not believe in "portfolio management" or quantitative methods for strategy development. Drucker felt that every situation had to be approached individuall...
When asked about his ability to predict the future so accurately, something he had said couldn’t be done by anyone, Drucker answered that he simply "looked out the window" and reported what he saw. Of course, he was fond of answering quest...
Peter Drucker placed an enormous emphasis on determining the real business of an organization. He saw this as a major responsibility of any leader. It was one of the first lessons I learned from Drucker, and I learned this lesson even before I met...
Peter Drucker told us that no manager could operate effectively without taking risks. Taking professional risks demands self confidence. Drucker wrote that fear of job loss was inconsistent with doing your best. But how can you not fear job loss...
Drucker said that the best way to predict the future is to create it. However, as a self-proclaimed social ecologist he was not in a position himself to create the future of large organizations or events in society. Yet even without creating man...
Engagement is a fairly recent term in business, but Peter Drucker saw its need long ago and showed how managers could develop it in their workforce. To contribute significantly to the goals set by the manager, an engaged worker is required. The go...
The Seven Deadly Sins of Leadership
Published: 2009-08-17
Drucker set very high ethical standards for all leaders. To Drucker, management as a profession practiced by leaders was a "calling" regardless of the environment in which it was practiced. So he saw leaders as being special people entrusted wit...
Integrity Is Not About Profit
Published: 2009-07-13
Peter Drucker was one of the most ethical individuals I have ever met. He admired the way the military led, and I shared research I had done on military leadership applied to business with him. He was enthusiastic about my publishing it. It even...

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