In the business world, everyone is paid in two coins: cash and experience. Take the experience first; the cash will come later.

The worst disease which can afflict business executives in their work is not, as popularly supposed, alcoholism; it's egotism.

The five essential entrepreneurial skills for success: Concentration, Discrimination, Organization, Innovation and Communication.

Leadership is practiced not so much in words as in attitude and in actions.

The best way to inspire people to superior performance is to convince them by everything you do and by your everyday attitude that you are wholeheartedly supporting them.

Leadership cannot really be taught. It can only be learned.

It is much more difficult to measure nonperformance than performance.

Every company has two organizational structures: The formal one is written on the charts; the other is the everyday relationship of the men and women in the organization.

It is an immutable law in business that words are words, explanations are explanations, promises are promises-but only performance is reality.

Management must manage!

Managers in all too many American companies do not achieve the desired results because nobody makes them do it.