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Maxioms by Peter F. Drucker

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Commitment in the face of conflict produces character.

Commitment in the face of conflict produces character.

by Peter F. Drucker Found in: Commitment Quotes,
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Quality in a product or service is not what the supplier puts in. It is what the customer gets out read more

Quality in a product or service is not what the supplier puts in. It is what the customer gets out and is willing to pay for. A product is not quality because it is hard to make and costs a lot of money, as manufacturers typically believe. This is incompetence. Customers pay only for what is of use to them and gives them value. Nothing else constitutes quality.

by Peter F. Drucker Found in: Quality Quotes,
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Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.

Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.

by Peter F. Drucker Found in: Innovation Quotes,
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Whenever you see a successful business, someone once made a courageous decision

Whenever you see a successful business, someone once made a courageous decision

by Peter F. Drucker Found in: Success Quotes,
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