Businesses fail when they over-invest in what is at the expense of what could be.

In the long term the most important question for a company is not what you are but what you are becoming.

There is no way to create wealth without ideas. Most new ideas are created by newcomers. So anyone who thinks the world is safe for incumbents is dead wrong.

Only stupid questions create wealth.

An uplifting sense of purpose is more than an impetus for individual accomplishment, it is also a necessary insurance policy against expediency and impropriety.

Top-down authority structures turn employees into bootlickers, breed pointless struggles for political advantage, and discourage dissent.

We like to believe we can break strategy down to Five Forces or Seven Ss. But you can't. Strategy is extraordinarily emotional and demanding.