Succession planning often results in the selection of a weaker representation of yourself.

Focus on opportunities, not problems.

The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy.

Important decisions are risky. They should be controversial. Acclamation means that nobody has done the homework.

Knowledge has to be improved, challenged, and increased constantly, or it vanishes.

Fortunately or unfortunately, the one predictable thing in any organization is the crisis. That always comes. That's when you do depend on the leader: The job of the leader is to build an organization that is battle-ready, that has high morale, that knows how to behave, that trusts itself, and where people trust one another.

Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.