Teaching is the only major occupation of man for which we have not yet developed tools that make an average person capable of competence and performance. In teaching we rely on the 'naturals,' the ones who somehow know how to teach.
Peter DruckerProfit is not the explanation, cause, or rationale of business behavior and business decisions, but the test of their validity.
Peter DruckerCapital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.
Peter DruckerInnovative efforts should never report to line managers charged with responsibility for ongoing operations. The new project is an infant and will remain one for the foreseeable future, and infants belong in the nursery. The 'adults', that is, the executives in charge of existing businesses or products will have neither the time nor understanding for the infant.
Peter Drucker