The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.

The large organization has to learn to innovate, or it won't survive.

Strategic management is not a box of tricks or a bundle of techniques. It is analytical thinking and commitment of resources to action. But quantification alone is not planning. Some of the most important issues in strategic management cannot be quantified at all.

Leadership is all hype. We've had three great leaders in this century-Hitler, Stalin, and Mao.

The best plan is only a plan... unless it degerates into work.

An effective executive builds on strengths - their own strengths, the strengths of superiors, colleagues, subordinates, and on the strength of the situation.

Management is doing things right; leadership is doing the right things.