To be effective, every knowledge worker, and especially every executive, therefore needs to dispose of time in fairly large chunks. To have small dribs and drabs of time at his disposal will not be sufficient even if the total is an impressive number of hours.

The enterprise, by definition, must be capable of producing more or better than all the resources that comprise it.

The most probable assumption is that no currently working 'business theory' will be valid 10 years hence.

The new always looks so puny-so unpromising-next to the reality of the massive, ongoing business.

Every three or four years I pick a new subject. It may be Japanese art; it may be economics. Three years of study are by no means enough to master a subject but they are enough to understand it. SO for more than 60 years I have kept studying one subject at a time.

Our society has become an employee society.

The honest work of yesterday has lost its social status, its social esteem.