Every enterprise is learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.

Nothing is less productive than to make more efficient what should not be done at all.

(Waste = Loss): The first rule of business is to survive and the guiding principle of business economics is not the maximisation of profit, it is the avoidance of loss

People who need certainty are unlikely to make good entrepreneurs.

Balance Sheets are meaningless. Our accounting systems are still based on the assumption that 80% of costs are manual labor.

The critical question is not "How can I achieve?" but "What can I contribute?"

There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're doing. And finally there are companies that are good at innovation. Every large company has to be able to do all three - improve, extend, and innovate - simultaneously.