Erroneous Assumptions Can Be Disastrous.

An Executive Should Be A Realist; And No One Is Less Realistic Than The Cynic.

Businesses Once Grew By One Of Two Ways; Grass Roots Up, Or By Acquisition... Today Businesses Grow Through Alliances - All Kinds Of Dangerous Alliances. Joint Ventures And Customer Partnerings Which, By The Way, Very Few People Understand.

Fortunately Or Unfortunately, The One Predictable Thing In Any Organization Is The Crisis. That Always Comes. That's When You Do Depend On The Leader: The Job Of The Leader Is To Build An Organization That Is Battle-ready, That Has High Morale, That Knows How To Behave, That Trusts Itself, And Where People Trust One Another.

The Essence Of Management Is To Make Knowledge Productive.

Most Innovators Are Successful To The Extent To Which They Define Risks And Confine Them.