Conductors do not know how the oboe does its work, but they know what the oboe should contribute.

Profit is not a cause but a result-

No single piece of macroeconomic advice given by the experts to their government has ever had the results predicted.

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.

Whenever you see a successful business, someone once made a courageous decision.

Ideas are cheap and abundant; what is of value is the effective placement of those ideas into situations that develop into action.

The more successful the unit, the more difficult it is to make sure that the large company doesn't put the same expectations on it as it does for the rest of the company. When it's a new venture, whether it's outside or inside the business, it's a child. And you don't put a 40-pound pack on a 6-year-old's back when you take her hiking.