Peter Ferdinand Drucker - Founder of Modern Management

Peter Ferdinand Drucker {November 19, 1909 – November 11, 2005) was an Austrian-born American 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 he has been described as "the founder of modern management".

Several of these ideas run through most of Drucker's writings:

• “The leaders who work most effectively, it seems to me, never say "I." And that's not because they have trained themselves not to say "I." They don't think "I." They think "we"; they think "team." They understand their job to be to make the team function. They accept responsibility and don't sidestep it, but "we" gets the credit. This is what creates trust, what enables you to get the task done.”
• “Doing the right thing is more important than doing the thing right.”
•  “If you want something new, you have to stop doing something old.”
•  “There is nothing quite so useless as doing with great efficiency something that should not be done at all.”
•  “What gets measured gets improved.”
•   “Results are gained by exploiting opportunities, not by solving problems.”
•  “So much of what we call management consists of making it difficult for people to work.”
•  “People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.”
•  “Meetings are by definition a concession to a deficient organization. For one either meets or one works. One cannot do both at the same time.”
• “Long-range planning does not deal with the future decisions, but with the future of present decisions.”
• "Management is doing things right. Leadership is doing the right things"

― Peter F. Drucker