What we need is an entrepreneurial society in which innovation and entrepreneurship are normal, steady and continuous.

The only thing we know about the future is that it will be different.

Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership.

Most discussions of decision making assume that only senior executives make decisions or that only senior executives' decisions matter. This is a dangerous mistake.

The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become "everybody's entitlement" and an increasing burden on those who produce.

The most critical case in a corporation, especially a big one, is when everything goes well, when you have accomplished your objectives. When the temptation is to work twice as hard instead of saying, "We have accomplished our objectives, we have to think again."

Plans are only good intentions unless they immediately degenerate into hard work.