Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, "Let's do a little bit of everything."

No decision has been made unless carrying it out in specific steps has become someone's work assignment and responsibility.

Unless commitment is made, there are only promises and hopes... but no plans.

If you want something new, you have to stop doing something old

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

[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.

There are companies that are good at improving what they're already doing. There are companies that are good at extending what they're doing. And finally there are companies that are good at innovation. Every large company has to be able to do all three - improve, extend, and innovate - simultaneously.