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

You cannot prevent a major catastrophe, but you can build an organization that is battle-ready, where people trust one another. In military training, the first rule is to instill soldiers with trust in their officers - because without trust, they won't fight.

Management means, in the last analysis, the substitution of thought for brawn and muscle, of knowledge for folkways and superstition, and of cooperation for force. It means the substitution of responsibility for obedience to rank, and of authority of performance for the authority of rank.

Results are obtained by exploiting opportunities, not by solving problems.

Information is the manager's main tool, indeed the manager's capital, and it is he who must decide what information he needs and how to use it.

Entrepreneurship is “risky” mainly because so few of the so-called entrepreneurs know what they are doing.

One has to make a decision when a condition is likely to degenerate if nothing is done.