We can say with certainty – or 90% probability – that the new industries that are about to be born will have nothing to do with information.
Executives owe it to the organization and to their fellow workers not to tolerate nonperforming individuals in important jobs.
Accept the fact that we have to treat almost anybody as a volunteer.
For new technology to replace old, it has to have at least ten times the benefit.
No institution can possibly survive if it needs geniuses or supermen to manage it. It must be organized in such a way as to be able to get along under a leadership composed of average human beings.
Business, that’s easily defined – it’s other people’s money.
I no longer think that learning how to manage people, especially subordinates, is the most important for executives to learn. I am teaching above all else, how to manage oneself.
The task of management is to make people capable of joint performance, to make their strengths effective and their weaknesses irrelevant.
Progress is obtained only by exploiting opportunities, not by solving problems. When you solve problems, all you do is guarantee a return to normalcy.
Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence.
Vision without execution is delusion. The joy is in the results.
One can either work or meet. One cannot do both at the same time.
Technology is not about tools, it deals with how Man works.
The most common source of mistakes in management decisions is the emphasis on finding the right answer rather than the right question.
Decision making is the specific executive task.
Decisions exist only in the present.
In a rural society communities are “given” for the individual. Community is a fact, whether family or religion, social class or caste.
Every time you do something that is important, write down what you expect will happen.
Education can no longer be the sole property of the state.
Keep your eye on the task, not on yourself. The task matters, and you are a servant.