Managing Innovation Will Increasingly Become A Challenge

In The Modern Corporation The Decisive Power, That Of The Managers , Is Derived From No One But The Managers Themselves Controlled By Nobody And Nothing And Responsible To No One. It Is In The Most Literal Sense Unfounded, Unjustified, Uncontrolled And Irresponsible Power.

Unless A Decision Has Degenerated Into Work, It Is Not A Decision; It Is At Best A Good Intention.

The More Successful The Unit, The More Difficult It Is To Make Sure That The Large Company Doesn't Put The Same Expectations On It As It Does For The Rest Of The Company. When It's A New Venture, Whether It's Outside Or Inside The Business, It's A Child. And You Don't Put A 40-pound Pack On A 6-year-old's Back When You Take Her Hiking.

People Are Effective Because They Say 'no,' Because They Say, 'this Isn't For Me.'

All Great Change In Business Has Come From Outside The Firm, Not From Inside.