Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past.

Decision making is the specific executive task.

The computer, being a mechanical moron, can handle only quantifiable data.

Universities won't survive. The future is outside the traditional campus, outside the traditional classroom. Distance learning is coming on fast.

It takes far less energy to move from first-rate performance to excellence than it does to move from incompetence to mediocrity.

People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.

There's nothing so useless than executing a task efficiently when it actually never should have been executed at all.