Peter Drucker Quotes

There can be economy only where there is efficiency.

Many Western nations have made significant gains through automation and operational excellence, while emerging markets rely on ever-increasing numbers of workers. Each will improve their competitive position only by examining every element of operations to make existing resources more efficient and to deliver real value at lower cost.

Through great input you get great output.

All wealth comes from adding value, from producing more, better, cheaper, faster, and easier than someone else.

Profitability is coming from productivity, efficiency, management, austerity, and the way to manage the business.

Nowadays, business is all about productivity - and our folks produce.

Management innovation is going to be the most enduring source of competitive advantage. There will be lots of rewards for firms in the vanguard.

The more you eliminate the inefficient use of information, the better it is for productivity.

Creating value isn't enough - you also need to capture some of the value you create.

If you want to win games in this league, you have to be efficient.

Society can progress if men's labors show a profit - if they yield more than is put in. To produce at a loss must leave less for all to share.

The faculty of using my resources well diminishes when their number grows.

It is much easier to put existing resources to better use, than to develop resources where they do not exist.

Work mixed with management becomes not only easier but more profitable. The time is past when anyone can boast about 'hard work' without having a corresponding result to show for it.

Improve quality, you automatically improve productivity.

Successful companies create value by providing products or services their customers value more highly than available alternatives. They do this while consuming fewer resources, leaving more resources available to satisfy other needs in society. Value creation involves making people's lives better. It is contributing to prosperity in society.

... you want to be proud of how much you can get done with a small numbers of employees.

The key is in not spending time, but in investing it.

In fighting, in evolution, in life, efficiency is the key.

Money is not a goal. The goal is to make companies grow, develop, be competitive, be in different areas, be efficient to have a great human team inside the company.

Time is your most important resource. You can do so much in ten minutes. Ten minutes; once gone is gone for good.

Efficiency is the foundation for survival. Effectiveness is the foundation for success.

The carpenter is not the best who makes more chips than all the rest.

These people who are always briskly doing something and as busy as waltzing mice, they have little, sharp, staccato ideas, such as: "I see where I can make an annual cut of $3.47 in my meat budget." But they have no slow, big ideas.

Out of the work comes the work.