Management by objective works – if you know the objectives. Ninety percent of the time you don’t.

The productivity of work is not the responsibility of the worker but of the manager.

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.

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.

We now accept the fact that learning is a lifelong process of keeping abreast of change. And the most pressing task is to teach people how to learn.

Company cultures are like country cultures. Never try to change one. Try, instead, to work with what you’ve got.

Rank does not confer privilege or give power. It imposes responsibility.

Efficiency is doing things right; effectiveness is doing the right things.

The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.

There is nothing so useless as doing efficiently that which should not be done at all.

If you want something new, you have to stop doing something old.

Doing the right thing is more important than doing the thing right.

Accept the fact that we have to treat almost anybody as a volunteer.

Meetings are a symptom of bad organization. The fewer meetings the better.

Time is the scarcest resource of the manager; If it is not managed, nothing else can be managed.

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

Whenever you see a successful business, someone once made a courageous decision.

No one learns as much about a subject as one who is forced to teach it.

History has been written not by the most talented but by the most motivated.