Most innovators are successful to the extent to which they define risks and confine them.

Absolute size by itself is no indicator of success and achievement, let alone of managerial competence. Being the right size is.

Few relationships are as critical to the business enterprise as the relationship to the government. Managers have responsibility for this relationship as part of their responsibility to the enterprise itself. It is an area of social impact of the business. To a large extent the relationship to government results from what businesses do or fail to do.

In todays economy, the most important resource is no longer labor, capital or land; it is knowledge

Tomorrow always arrives. It is always different. And even the mightiest company is in trouble if it has not worked on the future. Being surprised by what happens is a risk that even the largest and richest company cannot afford, and even the smallest business need not run.

The job of a professional manager is not to like people. It is not to change people. It is to put their strengths to work.

An effective executive builds on strengths - their own strengths, the strengths of superiors, colleagues, subordinates, and on the strength of the situation.