Knowledge has become the key economic resource and the dominant-and perhaps even the only-source of competitive advantage.

The three most charismatic leaders in this century inflicted more suffering on the human race than almost any trio in history: Hitler, Stalin, and Mao. What matters is not the leader's charisma. What matters is the leader's mission.

What you have to do and the way you have to do it is incredibly simple. Whether you are willing to do it is another matter.

When a resource is scarce, you increase its yield.

The essence of management is to make knowledge productive.

The strength of the computer lies in its being a logic machine. It does precisely what it is programed to do. This makes it fast and precise. It also makes it a total moron; for logic is essentially stupid.

A primary task of management in the developed countries in the decades ahead will be to make knowledge productive.