An institution which is financed by a budget - or which enjoys a monopoly which the customer cannot escape - is rewarded for what it deserves rather than what it earns. It is paid for 'good intentions' and 'programs'. It is paid for not alienating important constituents rather than satisfying any one group. It is misdirected by the way it is being paid into defining performance and results as what will produce the budget rather than as what will produce contribution.

Progress is obtained only by exploiting opportunities, not by solving problems. When you solve problems, all you do is guarantee a return to normalcy.

Culture eats strategy for breakfast.

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

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

You can either take action, or you can hang back and hope for a miracle. Miracles are great, but they are so unpredictable.

The greatest change in corporate culture - and the way business is being conducted - may be the accelerated growth of relationships based... on partnership.