An organization which just perpetuates today's level of vision, excellence, and accomplishment has lost the capacity to adapt.

The correct assumption is that what individuals have learned by age twenty-one will begin to become obsolete five to ten years later and will have to be replaced-or at least refurbished-by new learning, new skills, new knowledge.

Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - accounting and what have you - but you can't teach them management.

The better a man is the more mistakes will he make – for the more new things he will try.

Erroneous assumptions can be disastrous.

Unless commitment is made, there are only promises and hopes... but no plans.

We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.