Strategy is a commodity, execution is an art.

What managers decide to stop doing is often more important than what they decide to do.

Profit is not the purpose of a business, but rather the test of its validity

The most critical case in a corporation, especially a big one, is when everything goes well, when you have accomplished your objectives. When the temptation is to work twice as hard instead of saying, "We have accomplished our objectives, we have to think again."

Quality of character doesn't make a leader, but the lack of it flaws the entire process.

Leadership is lifting a person's vision to high sights, the raising of a person's performance to a higher standard, the building of a personality beyond its normal limitations.

Efficiency is doing better what is already being done.