I would hope that American managers-indeed, managers worldwide-continue to appreciate what I have been saying almost from day one: that management is so much more than exercising rank and privilege, that it is much more than "making deals." Management affects people and their lives.

We can say with certainty - or 90% probability - that the new industries that are about to be born will have nothing to do with information.

As soon as you move one step up from the bottom, your effectiveness depends on your ability to reach others through the spoken and written word.

Whenever you see a successful business, someone once made a courageous decision.

Strategic planning is the continuous process of making present entrepreneurial (risk-taking) decisions systematically and with the greatest knowledge of their futurity; organizing systematically the efforts needed to carry out these decisions; and measuring the results of these decisions against the expectations through organized, systematic feedback.

Knowledge has become the key resource of the world economy.

Concentration is the key to economic results. No other principle of effectiveness is violated as constantly today as the basic principle of concentration.... Our motto seems to be, "Let's do a little bit of everything."