To be successful in a knowledge economy firms need to create learning organizations.

To me, this is not an information age. It's an age of networked intelligence, it's an age of vast promise.

Leadership is happening, but it's not coming from the leaders of the old institutions. Everywhere you look, you see these extraordinary, sparkling new initiatives that are under way.

Throughout the 20th century, we created wealth through vertically integrated corporations. Now, we create wealth through networks. We are at a turning point in human history, where the industrial age has finally run out of gas.

Holding back technology to reserve business models is like allowing blacksmiths to veto the internal combustion engine in order to protect their horseshoes.

In an age where everything and everyone is linked through networks of glass and air, no one - no business, organization, government agency, country - is an island. We need to do right by all our stakeholders, and that's how you create value for shareholders. And one thing is for sure - no organization can succeed in a world that is failing.

These kids [of the current generation] have no fear of technology ... sort of like I have no fear of a refrigerator.