Far too much reorganization goes on all the time. Organizitis is like a spastic colon.

The enterprise that does not innovate ages and declines. And in a period of rapid change such as the present, the decline will be fast.

When a resource is scarce, you increase its yield.

Most of what you hear about entrepreneurshi p is all wrong. It's not magic; it's not mysterious; and it has nothing to do with genes. It's a discipline and, like any discipline, it can be learned.

They wrongly believe that good intentions move mountains. Bulldozers move mountains. But there are exceptions.

Entrepreneurship rests on a theory of economy and society. The theory sees change as normal and indeed as healthy. And it sees the major task in society – and especially in the economy – as doing something different rather than doing better what is already being done. This is basically what Say, two hundred years ago, meant when he coined the term entrepreneur.

Some of the best business and nonprofit CEOs I've worked with over a sixty-five-year consulting career were not stereotypical leaders. They were all over the map in terms of their personalities, attitudes, values, strengths, and weaknesses.