The final test of greatness in a CEO is how well he chooses a successor and whether he can step aside and let the successor run the company..

Wherever an impact can be eliminated by dropping the activity that causes it, this is therefore the best-indeed the only truly good-solution..

Teaching 23-year-olds in an MBA programme strikes me as largely a waste of time. They lack the background of experience. You can teach them skills - ….

The race for Quality has no finish line - so technically, it's more like a death march. Efficiency is doing things right; effectiveness is doing the ….

Managers are the basic and scarcest resource of any business enterprise..

The tool user, provided the tool is made well, need not, and indeed should not, know anything about the tool..

I'm better about things than about people. I'm more interested in people, but I'm better at ideas..

Executives do many things in addition to making decisions. But only executives make decisions. The first managerial skill is, therefore, the making o….

A person can perform only from strength. One cannot build performance on weakness, let alone on something one cannot do at all..

No single piece of macroeconomic advice given by the experts to their government has ever had the results predicted..

In the modern corporation the decisive power, that of the managers , is derived from no one but the managers themselves controlled by nobody and noth….

Managing innovation will increasingly become a challenge to management, and especially to top management, and a touchstone of its competence..

Objectives are not fate; they are direction. They are not commands; they are commitments. They do not determine the future; they are a means to mobil….

The days of the 'intuitive' manager are numbered..

If you're not living life on the edge, you're taking up too much space. The best way to predict the future is to create it..

If you can't measure it, you can't change it..

Keep the boss aware. Bosses, after all, are held responsible by their own bosses for the performance of their subordinates. They must be able to say:….

But innovation is more than a new method. It is a new view of the universe, as one of risk rather than of chance or of certainty. It is a new view of….

Far too much reorganization goes on all the time. Organizitis is like a spastic colon..

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

Only three things happen naturally in organizations: friction, confusion, and underperformance. Everything else requires leadership..