A Quote by Peter Drucker

Without institution there is no management. But without management there is no institution. — © Peter Drucker
Without institution there is no management. But without management there is no institution.
Management that wants to change an institution must first show that it loves that institution.
Some people promote the idea that there can be two marriages, co-existing side by side, one heterosexual and one homosexual, without any adverse consequences. The hard reality is that, as an institution, marriage like all other institutions can only have one definition without changing the very character of the institution. Hence there can be no coexistence of two marriages.
Technological innovation is the successful implementation (in commerce or management) of a technical idea new to the institution creating it.
Time management is really personal management, life management. and management of yourself.
We live in a world where the laws are getting so tight that management has changed to micro-management to quantum-management to paralysis.
When I wear the hat of management, it is important that our management behaves and conducts as management accountable to the board.
Management, in the sense of employer, is merely the agent for the public, the stockholders and the employees. It is management's job to preserve the balance fairly between all these interests, that each may have his fair share without imperiling the continuity of the effort upon which the whole depends.
Management did not emanate from nature. Management is not a tree: it's a television set. Somebody invented it. It doesn't mean it's going to work forever. Management is great. Traditional notions of management are great if you want compliance. But if you want engagement, self-direction works better.
Self-confidence is inseparable from submission to the creedal order, and through that order, to the supreme authority expressed in that order. ... Deep individualism cannot exist except in relation to the highest authority. No inner discipline can operate without a charismatic institution, nor can such an institution survive without that supreme authority from a relation to whom self-confidence derives. Without an authority deeply installed, there is no foundation for individuality. Self-confidence thus expresses submission to supreme authority.
Your ancestors fought for you to have a share in that institution over there. It's yours. See the school board, and every Friday night hold your meetings there. Have your wives clean it up Saturday morning for the children to enter Monday. Your organization is not a praying institution. It's a fighting institution. It's an educational institution along industrial lines. Pray for the dead and fight like hell for the living!
The essence of investment management is the management of risks, not the management of returns.
I'm not sure that it's right to view this as excluding a particular group. When the institution of marriage developed historically, people didn't get around and say, 'Let's have this institution, but let's keep out homosexuals.' The institution developed to serve purposes that, by their nature, didn't include homosexual couples.
Without general elections, without freedom of the press, freedom of speech, freedom of assembly, without the free battle of opinions, life in every public institution withers away, becomes a caricature of itself, and bureaucracy rises as the only deciding factor.
Security is always going to be a cat and mouse game because there'll be people out there that are hunting for the zero day award, you have people that don't have configuration management, don't have vulnerability management, don't have patch management.
On the board of a financial institution, especially one that took TARP money, it has changed radically because the regulators have been vocal about what they want boards to do and how involved they want boards to be in the management of a company.
42% of our management team are women. So we've reset the goal to 50% by 2017. Because that's when Westpac becomes 200 years old as an institution - the oldest bank, and indeed the oldest company in Australia. So that's a lovely point to reflect on.
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