Lawrence Bossidy

If you can't describe your strategy in twenty minutes, simply and in plain language, you haven't got a plan. 'But,' people may say, 'I've got a complex strategy. It can't be reduced to a page.' That's nonsense. That's not a complex strategy. It's a complex thought about the strategy.

Execution is the ability to mesh strategy with reality, align people with goals, and achieve the promised results.

I am convinced that nothing we do is more important than hiring and developing people. At the end of the day you bet on people, not on strategies.