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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."
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"Communism has never come to power in a country that was not disrupted by war or corruption, or both."
"The prayer of a righteous man avails much."
"If all mankind minus one were of one opinion, mankind would be no more justified in silencing that one person than he, if he had the power, would be justified in silencing mankind."
"People having victimhood attract imperious and authoritative individuals in their life."
"The trouble with her is that she lacks the power of conversation but not the power of speech."
Explore more quotes by Peter Drucker
"Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you've got."
"Follow effective action with quiet reflection. From the quiet reflection will come even more effective action."
"The new information technology... Internet and e-mail... have practically eliminated the physical costs of communications."
"Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes."
"Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake."
"The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product."
"Few companies that installed computers to reduce the employment of clerks have realized their expectations... They now need more, and more expensive clerks even though they call them 'operators' or 'programmers.'"
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