The most common source of mistakes in management decisions is the emphasis on finding the right answer rather than the right question.

Management must take the lead in making obsolete its own products and services rather than waiting for a competitor to do so.

To survive and succeed, every organization will have to turn itself into a change agent

Don't solve problems. Pursue opportunities.

Effective organizations put people in jobs in which they can do the most good. They place people -- and allow people to place themselves -- according to their strengths.

The most probable assumption is that no currently working 'business theory' will be valid 10 years hence.

The successful person places more attention on doing the right thing rather than doing things right.