Strategy is simply resource allocation. When you strip away all the noise, that's what it comes down to. Strategy means making clear cut choices about how to compete. You cannot be everything to everybody, no matter what the size of your business or how deep its pockets.

You can't believe how hard it is for people to be simple, how much they fear being simple. They worry that if they're simple, people will think they're simpleminded. In reality, of course, it's just the reverse. Clear, tough-minded people are the most simple.

Lack of candor blocks smart ideas, fast action, and good people contributing all the stuff they've got. It's a killer.

The Internet is the Viagra of big business.

I’ve learned in a hundred ways that I rarely regretted acting but often regretted NOT acting fast enough.

Its a marathon, its not a sprint. Ten years. Fifteen years. You've got to get up everyday, with a new idea, a new spin, and you've got to bring it to work, every day

Shareholder value is a result, not a strategy . . . Your main constituencies are your employees, your customers and your products.