Entrepreneurship is “risky” mainly because so few of the so-called entrepreneurs know what they are doing.

Plans are worthless, but planning is invaluable.

There is one qualification the manager cannot acquire but must bring to the task. It is not genius; it is character.

Trees die from the top”. No one should ever become a strategist unless he or she is willing to have his or her character serve as a model for subordinates

Innovation opportunities do not come with the tempest but with the rustling of the breeze.

In all recorded history there has not been one economist who has had to worry about where the next meal would come from.

What is the manager's job? It is to direct the resources and the efforts of the business toward opportunities for economically significant results. This sounds trite - and it is. But every analysis of actual allocation of resources and efforts in business that I have ever seen or made showed clearly that the bulk of time, work, attention, and money first goes to problems rather than to opportunities, and, secondly, to areas where even extraordinarily successful performance will have minimal impact on results.