(waste = Loss): The First Rule Of

Production Is Not The Application Of Tools To Materials, But Logic To Work.

Concentration Is The Key To Economic Results. No Other Principle Of Effectiveness Is Violated As Constantly Today As The Basic Principle Of Concentration.... Our Motto Seems To Be, "let's Do A Little Bit Of Everything."

The Enterprise Can Fulfill Its Human And Social Functions Only If It Prospers As A Business.

Strategic Planning Is The Continuous Process Of Making Present Entrepreneurial (risk-taking) Decisions Systematically And With The Greatest Knowledge Of Their Futurity; Organizing Systematically The Efforts Needed To Carry Out These Decisions; And Measuring The Results Of These Decisions Against The Expectations Through Organized, Systematic Feedback.

There's No Such Thing As Knowledge Management; There Are Only Knowledgeable People. Information Only Becomes Knowledge In The Hands Of Someone Who Knows What To Do With It.