In most organizations, the bottleneck is at the top of the bottle.

One cannot hire a hand; the whole man always comes with it.

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.

The Welfare State, which begun in Imperial Germany for the truly indigent and disabled, has now become "everybody's entitlement" and an increasing burden on those who produce.

Decisions of the kind the executive has to make are not made well by acclamation. They are made well only if based on the clash of conflicting views...The first rule in decision-making is that one does not make a decision unless there is disagreement.

If you have too many problems, maybe you should get out of business. There is no law that says a company must last forever.

Luck never built a business. Prosperity and growth come only to the business that systematically finds and exploits its potential.