Plans are only good intentions unless they immediately degenerate into hard work..

The more successful the unit, the more difficult it is to make sure that the large company doesn't put the same expectations on it as it does for the….

The need to manage oneself is creating a revolution in human affairs..

We live in an age of unprecedented opportunity: If you’ve got ambition and smarts, you can rise to the top of your chosen profession, regardless of w….

Management must take the lead in making obsolete its own products and services rather than waiting for a competitor to do so..

Balance Sheets are meaningless. Our accounting systems are still based on the assumption that 80% of costs are manual labor..

Unless the power of the corporation can be organized on an accepted principle of legitimacy, it will be taken over by a Central government.

"Value added" is a meaningless concept for a retail business , for a bank, for a life insurance company, and for any other business which is not prim….

Entrepreneurship is “risky” mainly because so few of the so-called entrepreneurs know what they are doing..

The ultimate resource in economic development is people. It is people, not capital or raw materials that develop an economy..

Do the right things instead of trying to do everything right..

The one to distrust is the person who never makes a mistake, never commits a blunder, never fails in what he tries to do. Either he is a phony, or he….

The individual is the central, rarest, most precious capital resource of our society..

Do not measure your life by your goals but what you are doing to achieve them..

As a manager you're paid to be uncomfortable. If you're comfortable, it's a sure sign you're doing things wrong..

There are just two questions to ask to attain success in business: First, "What business am I in?" Second, "How's business?".

Capital formation is shifting from the entrepreneur who invests in the future to the pension trustee who invests in the past..

What is the manager's job? It is to direct the resources and the efforts of the business toward opportunities for economically significant results. T….

Until we can manage time, we can manage nothing else..

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

Everything requires time. It is the only truly universal condition. All work takes place in time and uses up time. Yet most people take for granted t….