It doesn't matter much where your company sits in its industry ecosystem, nor how vertically or horizontally integrated it is - what matters is its relative 'share of customer value' in the final product or solution, and its cost of producing that value.

Competition for the future is competition to create and dominate emerging opportunities-to stake out new competitive space. Creating the future is more challenging than playing catch up, in that you have to create your own roadmap.

Remarkable contributions are typically spawned by a passionate commitment to transcendent values such as beauty, truth, wisdom, justice, charity, fidelity, joy, courage and honor.

The problem with the future is that it is different, if you are unable to think differently, the future will always arrive as a surprise.

I'm not one of those professors whose office is encased floor-to-ceiling with books. By the way, I think academics do this to intimidate their visitors.

We owe our existence to innovation. Our species exists thanks to four billion years of genetic innovation.

Management innovation is going to be the most enduring source of competitive advantage. There will be lots of rewards for firms in the vanguard.