Management problems are not respecters of the company organization, nor of the talents of the people appointed to solve them.

Too close a view may interfere with one's grasp of an overall problem or concept.

A stochastic process is about the results of convolving probabilities-which is just what management is about, as well.

Policy-making, decision-taking, and control: These are the three functions of management that have intellectual content.

Instead of trying to specify a system in full detail, specify it only somewhat. You can then ride on the dynamics of the system in the direction you want to go.

It is terribly important to appreciate that some things remain obscure to the bitter end.

It is the concept of likelihood that a real understanding of probability resides, and we must learn how to measure it.