"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."
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"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."
"Making good decisions is a crucial skill at every level."
"Effective leadership is not about making speeches or being liked; leadership is defined by results not attributes."
"Management is doing things right; leadership is doing the right things."
"When a subject becomes totally obsolete we make it a required course."
"The entrepreneur always searches for change, responds to it, and exploits it as an opportunity."
"Time is the scarcest resource and unless it is managed nothing else can be managed."
"Most of what we call management consists of making it difficult for people to get their work done."
"Business, that's easily defined - it's other people's money."
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