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
People who dont take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year. – Peter Drucker
Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information. – Peter Drucker
Effective leadership is not about making speeches or being liked leadership is defined by results not attributes. – Peter Drucker
Flowers have an expression of countenance as much as men or animals. Some seem to smile; some have a sad expression; some are pensive and diffident; others again are plain, honest and upright, like the broad-faced sunflower and the hollyhock. – Henry Ward Beecher, Star Papers: A Discourse of Flowers