Leaders win through logistics. Vision, sure. Strategy, yes. But when you go to war, you need to have both toilet paper and bullets at the right place at the right time. In other words, you must win through superior logistics.

I don't want the 35-year-olds in my audience to think of me as as 'pops' giving the kind of advice that only 65-year-olds can understand.

Excellent firms don't believe in excellence - only in constant improvement and constant change.

When you choose a managerial path, you are choosing to devote your life to people. Period.

If the person you delegated to does the job twice as well as you would have done it, consider yourself a leader.

With most competitors moving ever faster, the race will go to those who listen (and respond) most intently.

Oh Lord, there it is again. The question;" What kind of business should I start?" Incidentially, it has a twin that also sets me off: "What should I specialize in during the second year of my MBA studies?" Sorry, but those are two of the most profoundly upsetting questions anyone can ask - upsetting because the answer should be obvious: Do what turns you on, not what the statistics say is best.