The most valuable assets of a 20th-century company were its production equipment. The most valuable assets of a 21st-century institution, whether bus….

Free enterprise cannot be justified as being good for business. It can be justified only as being good for society..

Look at government programs for the past fifty years. Every single one - except warfare - achieved the exact opposite of its announced goal..

A fundamental responsibility of leadership is make sure that everybody knows the mission, understands it, lives it..

It is easier to raise the performance of one leader than it is to raise the performance of a whole mass..

As a rule we perceive what we expect to perceive... The unexpected is usually not received at all..

The society of organizations is new-only seventy years ago employees were a small minority in every society..

The great challenge to management today is to make productive the tremendous new resource, the knowledge worker. This, rather than the productivity o….

Entrepreneurship is neither a science nor an art. It is a practice..

The most important contribution management needs to make in the 21st century is ... to increase the productivity of knowledge work and the knowledge ….

The really important things are said over cocktails and are never done..

Every success creates new opportunities. So does every failure..

Capitalism is being attacked not because it is inefficient or misgoverned but because it is cynical. And indeed a society based on the assertion that….

The moment people talk of "implementing" instead of "doing," and of "finalizing" instead of "finishing," the organization is already running a fever..

The new always looks so puny-so unpromising-next to the reality of the massive, ongoing business..

The company is not and must never claim to be home, family, religion, life or fate for the individual. It must never interfere in his private life or….

Every single social and global issue of our day is a business opportunity in disguise..

Businesses are not paid to reform customers. They are paid to satisfy customers..

To be effective, every knowledge worker, and especially every executive, therefore needs to dispose of time in fairly large chunks. To have small dri….

An organization which just perpetuates today's level of vision, excellence, and accomplishment has lost the capacity to adapt..

Listening (the first competence of leadership) is not a skill, it is a discipline. All you have to do is keep your mouth shut..