Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted this unique, irreplaceable, and necessary resource. Nothing else, perhaps, distinguishes effective executives as much as their tender loving care of time.

The most common source of mistakes in management decisions is the emphasis on finding the right answer rather than the right question.

Don't solve problems. Pursue opportunities.

If a manager spends more than 10 percent of his time on "human relations" the group is probably too large.

Every organization must be prepared to abandon everything it does to survive in the future.

There is the risk you cannot afford to take, and there is the risk you cannot afford not to take.

Few relationships are as critical to the business enterprise as the relationship to the government. Managers have responsibility for this relationship as part of their responsibility to the enterprise itself. It is an area of social impact of the business. To a large extent the relationship to government results from what businesses do or fail to do.