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.

Morale in an organization does not mean that "people get along together"; the test is performance not conformance.

There is nothing so useless as doing efficiently that which should not be done at all.

The talk you hear about adapting to change is not only stupid, it's dangerous. The only way you can manage change is to create it.

When a resource is scarce, you increase its yield.

You can't manage what you don't measure.

People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.