People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.

Every enterprise is learning and teaching institution. Training and development must be built into it on all levels, training and development that never stop.

The most important work of the executive is to identify the changes that have already happened. The important thing . . . is to exploit the changes that have already occurred and to use them as opportunities.

Organizations are no longer built on force, but on trust.

In the Western tradition, we have focused on teaching as a skill and forgotten what Socrates knew: teaching is a gift, learning is a skill.

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

In a few hundred years, when the history of our time will be written from a long-term perspective, it is likely that the most important event historians will see is not technology, not the Internet, not e-commerce. It is an unprecedented change in the human condition. For the first time - literally - substantial and rapidly growing numbers of people have choices. For the first time, they will have to manage themselves. And society is totally unprepared for it.