In todays economy, the most important resource is no longer labor, capital or land; it is knowledge

Innovation requires us to systematically identify changes that have already occurred in a business - in demographics, in values, in technology or science - and then to look at them as opportunities. It also requires something that is most difficult for existing companies to do: to abandon rather than defend yesterday.

If a government commission had worked on the horse, you would have the first horse that could operate its knee joint in both directions. The trouble is it couldn't have stood up.

Whenever you see a successful business, someone once made a courageous decision.

One of the great movements in my lifetime among educated people is the need to commit themselves to action. Most people are not satisfied with giving money; we also feel we need to work.

What managers decide to stop doing is often more important than what they decide to do.

The only real difference between one organization and another is the performance of its people.