Time is the scarcest resource and unless it is managed nothing else can be managed.

Yet there is nothing more dangerous than to be premature in exploiting a change in perception.

Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service. It is capable of being presented as a discipline, capable of being learned, capable of being practiced. Entrepreneurs need to search purposefully for the sources of innovation, the changes and their symptoms that indicate opportunities for successful innovation. And they need to know and to apply the principles of successful innovation.

The productivity of work is not the responsibility of the worker but of the manager.

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.

Leadership is all hype. We've had three great leaders in this century-Hitler, Stalin, and Mao.

More business decisions occur over lunch and dinner than at any other time, yet no MBA courses are given on the subject.