Decision making is the specific executive task.

Tomorrow always arrives. It is always different. And even the mightiest company is in trouble if it has not worked on the future. Being surprised by what happens is a risk that even the largest and richest company cannot afford, and even the smallest business need not run.

Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, "Let's do a little bit of everything."

Management and entrepreneurship are only two different dimensions of the same task. An entrepreneur who does not learn how to manage will not last long. A management that does not learn to innovate will not last long.

An established company which, in an age demanding innovation, is not able to innovation, is doomed to decline and extinction.

As with every phenomenon of the objective universe, the first step toward understanding work is to analyze it.

The 1st question the effective decision-maker asks is: 'Is this a generic situation or an exception?'