Efficiency, which is doing things right, is irrelevant until you work on the right things.

If there is any one secret of effectiveness, it is concentration. Effective executives do first things first and they do one thing at a time.

Economists think the poor need them to tell them that they are poor.

Checking the results of a decision against its expectations shows executives what their strengths are, where they need to improve, and where they lack knowledge or information.

The leader of the past was a person who knew how to tell. The leader of the future will be a person who knows how to ask.

The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be fast.

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