A manager is responsible for the application and performance of knowledge.
The knowledge that we consider knowledge proves itself in action. What we now mean by knowledge is information in action, information focused on results.
Efficiency is doing the thing right. Effectiveness is doing the right thing.
Rank does not confer privilege or give power. It imposes responsibility.
People in any organization are always attached to the obsolete – the things that should have worked but did not, the things that once were productive and no longer are.
Your first and foremost job as a leader is to take charge of your own energy and then help to orchestrate the energy of those around you.
Whenever you see a successful business, someone once made a courageous decision.
If you want something new, you have to stop doing something old
Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window.
The best way to predict your future is to create it
The purpose of business is to create and keep a customer.
Innovation is the specific instrument of entrepreneurship…the act that endows resources with a new capacity to create wealth.
There is only one valid definition of business purpose: to create a customer.
Nothing is less productive than to make more efficient what should not be done at all.
Success in the knowledge economy comes to those who know themselves – their strengths, their values, and how they best perform.
Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.
No one learns as much about a subject as one who is forced to teach it.
Work is a process, and any process needs to be controlled. To make work productive, therefore, requires building the appropriate controls into the process of work.
This defines entrepreneur and entrepreneurship – the entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
The companies that refused to make hard choices, or refused to admit that anything much was happening, fared badly. If they survive, it is only because their respective governments will not let them go under.
Entrepreneurship is neither a science nor an art. It is a practice.
Only a clear, focused, and common mission can hold the organization together and enable it to produce results.
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.
Unless commitment is made, there are only promises and hopes; but no plans.
There is nothing so useless as doing efficiently that which should not be done at all.
Until we can manage time, we can manage nothing else.
There is nothing so useless as doing efficiently that which should not be done at all.
There are an enormous number of managers who have retired on the job.
The really important things are said over cocktails and are never done.