Peter Drucker Quotes


Objectives can be compared to a compass bearing by which a ship navigates. A compass bearing is firm, but in actual navigation, a ship may veer off its course for many miles. Without a compass bearing, a ship would neither find its port nor be able to estimate the time required to get there.


Citations

Drucker, Peter F. The Practice of Management. Harper & Brothers, 1954, p. 63.

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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".