Decision Making Is The Specific Executive Task.

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 - Accounting And What Have You - But You Can't Teach Them Management.

Innovative Efforts Should Never Report To Line Managers Charged With Responsibility For Ongoing Operations. The New Project Is An Infant And Will Remain One For The Foreseeable Future, And Infants Belong In The Nursery. The 'adults', That Is, The Executives In Charge Of Existing Businesses Or Products Will Have Neither The Time Nor Understanding For The Infant.

Innovation Is The Specific Instrument Of Entrepreneurship. The Act That Endows Resources With A New Capacity To Create Wealth.

Today Knowledge Has Power. It Controls Access To Opportunity And Advancement.

It Is Better To Pick The Wrong Priority Than None At All.