There are only two things in a business that make money - innovation and marketing, everything else is cost.

Since we live in an age of innovation, a practical education must prepare a man for work that does not yet exist and cannot yet be clearly defined.

As a rule we perceive what we expect to perceive... The unexpected is usually not received at all.

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

Don't try to innovate for the future. Innovate for the present!

What is the manager's job? It is to direct the resources and the efforts of the business toward opportunities for economically significant results. This sounds trite - and it is. But every analysis of actual allocation of resources and efforts in business that I have ever seen or made showed clearly that the bulk of time, work, attention, and money first goes to problems rather than to opportunities, and, secondly, to areas where even extraordinarily successful performance will have minimal impact on results.

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