“Managers learn far less when the industry is growing rapidly than when the industry is under pressure. A hot knife cutting through butter doesn’t meet much resistance.”
“Management of organizations are generally not as good as they think they are during good times in an industry and not as bad as others think they are in bad times in an industry.”
“When solving difficult problems, think about the ideal solution and work backwards compromising as necessary. You’ll be headed in the right direction”
