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Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.
Peter Drucker
Peter Drucker Quotes
The productivity of work is not the responsibility of the worker but of the manager.
So much of what we call management consists in making it difficult for people to work.
The best way to predict the future is to create it.
Business, that's easily defined - it's other people's money.
Most of what we call management consists of making it difficult for people to get their work done.
The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
Time is the scarcest resource and unless it is managed nothing else can be managed.
The purpose of a business is to create a customer.
We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.
The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
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