The task of leadership is to create an alignment of strengths so strong that it makes the system's weaknesses irrelevant.

Businesses once grew by one of two ways; grass roots up, or by acquisition... Today businesses grow through alliances - all kinds of dangerous alliances. Joint ventures and customer partnerings which, by the way, very few people understand.

The purpose of information is not knowledge. It is being able to take the right action.

Business, that's easily defined - it's other people's money.

The better a man is, the more mistakes he will make, for the more new things he will try. I would never promote to a top-level job a man who was not making mistakes...otherwise he is sure to be mediocre.

We can ill afford to have activities conducted as "non-profit," that is, as activities that devour capital rather than form it, if they can be organized as activities that form capital, as activities that make a profit.

Nothing is less productive than to make more efficient what should not be done at all.