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

Everything must degenerate into work if anything is to happen.

Innovation is the specific instrument of entrepreneurship. The act that endows resources with a new capacity to create wealth.

Every few hundred years in Western history there occurs a sharp transformation. Within a few short decades, society - its worldview, its basic values, its social and political structures, its art, its key institutions - rearranges itself. We are currently living through such a time.

Many studies of research scientists have shown that achievement (at least below the genius level of an Einstein, Bohr, or a Planck) depends less on ability in doing research than on the courage to go after opportunity.

To survive and succeed, every organization will have to turn itself into a change agent

No organization can depend on genius; the supply is always scarce and unreliable. It is the test of an organization to make ordinary people perform better than they seem capable of, to bring out whatever strength there is in its members, and to use each person's strength to help all the other members perform.