Corporations are economic entities, to be sure, but they are also social institutions that must justify their existence by their overall contribution to society.

Never set out to be the best. It's too low a standard. Set out to be good. Do Your best.

You can teach all sorts of things that improve the practice of management with people who are managers. What you cannot do is teach management to somebody who is not a manager, the way you cannot teach surgery to somebody whose not a surgeon.

An obsession with control generally seems to reflect a fear of uncertainty.

My feeling about executive bonuses is that any candidate for a chief executive job who even raises the issue of bonuses should be dismissed out of hand.

Strategies grow initially like weeds in a garden, they are not cultivated like tomatoes in a hothouse.

We have great managers who havent spent a day in management school. Do we have great surgeons that havent spent a day in surgical school?