I find more and more executives less and less well informed about the outside world, if only because they believe that the data on the computer printouts are ipso facto information.

[Entrepreneurship] is by no means hunch or gamble. But it also is not precisely science. Rather, it is judgment.

The need to manage oneself is creating a revolution in human affairs.

There is one qualification the manager cannot acquire but must bring to the task. It is not genius; it is character.

The postwar [WWII] GI Bill of Rights - and the enthusiastic response to it on the part of America's veterans - signaled the shift to the knowledge society. Future historians may consider it the most important event of the twentieth century. We are clearly in the midst of this transformation; indeed, if history is any guide, it will not be completed until 2010 or 2020. But already it has changed the political, economic and moral landscape of the world.

The corporation is the "master", the employee is the "servant". Because the corporation owns the means of production without which the employee could not make a living, the employee needs the corporation more than vice versa.

For the first four years, no new enterprise produces profits. Even Mozart didn't start writing music until he was four.