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

The manager is a servant. His master is the institution he manages and his first responsibility must therefore be to it.

Spontaneity is an infinite number of rehearsed possibilities.

Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.

Entrepreneurship rests on a theory of economy and society. The theory sees change as normal and indeed as healthy. And it sees the major task in society – and especially in the economy – as doing something different rather than doing better what is already being done. This is basically what Say, two hundred years ago, meant when he coined the term entrepreneur.

Most leaders don't need to learn what to do. They need to learn what to stop.

When a resource is scarce, you increase its yield.