Progress is obtained only by exploiting opportunities, not by solving problems. When you solve problems, all you do is guarantee a return to normalcy..

The "non-profit" institution neither supplies goods or services not controls. Its "product" is neither a pair of shoes nor an effective regulation. I….

Making changes to better appeal to customer is INNOVATION..

The real achiever do one thing at a time..

Listening is not a skill; it is a discipline..

Profit is not a cause but a result-.

Decision making is the specific executive task..

It does not matter whether the worker wants responsibility or not, ...The enterprise must demand it of him..

Large organizations cannot be versatile. A large organization is effective through its mass rather than through its agility. Fleas can jump many time….

The real development I've seen of people in organizations, especially in big ones, comes from their being volunteers in a nonprofit organization - wh….

An employer has no business with a man's personality. Employment is a specific contract calling for a specific performance... Any attempt to go beyon….

Most Americans do not know what their strengths are. When you ask them, they look at you with a blank stare, or they respond in terms of subject know….

An effective executive builds on strengths - their own strengths, the strengths of superiors, colleagues, subordinates, and on the strength of the si….

Charisma becomes the undoing of leaders. It makes them inflexible, convinced of their own infallibility, unable to change.

Knowledge is being applied to knowledge itself. It is now fast becoming the one factor in production, sidelining both capital and labour..

Salvation by society failed the most where it promised the most, in the communist countries. But it also failed in the West. Practically no governmen….

For the first four years, no new enterprise produces profits. Even Mozart didn't start writing music until he was four..

Knowledge has to be improved, challenged, and increased constantly, or it vanishes..

Political freedom is neither easy nor automatic, neither pleasant nor secure. It is the responsibility of the individual for the decisions of society….

Luck never built a business. Prosperity and growth come only to the business that systematically finds and exploits its potential..

In the knowledge economy everyone is a volunteer, but we have trained our managers to manage conscripts..