Almost everybody today believes that nothing in economic history has ever moved as fast as, or had a greater impact than, the Information Revolution. But the Industrial Revolution moved at least as fast in the same time span, and had probably an equal impact if not a greater one.

Effective innovations start small. They are not grandiose. They try to do one specific thing.

To make the future demands courage. It demands work. But it also demands faith.

Profit is not the purpose of a business, but rather the test of its validity

The next thing to be said about what long-range planning is not, is that it does not deal with future decisions. It deals with the futurity of present decisions. Decisions exist only in the present. The question that faces the long-range planner is not what we should do tomorrow.

Growth that adds volume without improving productivity is fat. Growth that diminishes productivity is cancer.

One can either work or meet. One cannot do both at the same time.