My Conclusion: Management Is The Most Noble

Because These Firms Listened To Their Customers, Invested Aggressively In New Technologies That Would Provide Their Customers More And Better Products Of The Sort They Wanted, And Because They Carefully Studied Market Trends And Systematically Allocated Investment Capital To Innovations That Promised The Best Returns, They Lost Their Positions Of Leadership.

In 15 Years From Now Half Of Us Universities May Be In Bankruptcy ... In The End I'm Excited To See That Happen. So Pray For Harvard Business School If You Wouldn't Mind.

Purpose Must Be Deliberately Conceived And Chosen, And Then Pursued.

...it's Easier To Hold To Your Principles 100% Of The Time Than It Is To Hold To Them 98% Of The Time.

And If Your Attitude Is That Only Smarter People Have Something To Teach You, Your Learning Opportunities Will Be Very Limited. ... When We See People Acting In An Abusive, Arrogant, Or Demeaning Manner Toward Others, Their Behavior Almost Always Is A Symptom Of Their Lack Of Self-esteem. They Need To Put Someone Else Down To Feel Good About Themselves.