Without ambition no conquests are made, and no business created. Ambition is the root of all achievement.

A change initiative can fail for multiple reasons - in fact, there are just too many things that can go wrong. The focus of the initiative might be wrong - too narrow or too broad. The initiative might be poorly executed or under-resourced. But most often, a change initiative fails because it hits a behavioral impasse. Something in the culture of the company is in conflict with the objective or execution of the initiative.

When a change initiative is focused on changing a company's culture directly, it can take five to ten years to accomplish its objective. Company cultures don't change easily. My friend Peter Drucker used to argue that company cultures don't change at all.

Without ambition no conquests are made, and no business created. Ambition is the root of all achievement.

There is not much new in management, but there is a lot new in business.

We are a great capitalist society, that works most of the time. We do need to take better care of our people and fix the access, cost, and quality of healthcare. But we need to act intelligently. We needed the intervention of government to keep the economy from falling into an abyss, but we must now encourage the creation of business - not burden it.

I think that we can all learn from what smart companies are doing. My objective is to demonstrate what's possible, even during tough economic times. This is a period of great business dislocation, but that means it's also the time to try new things. This will be a challenge for existing companies. But the behaviors of smart companies can be learned.