Enterprise
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The companies that survive longest are the one's that work out what they uniquely can give to the world not just growth or money but their excellence, their respect for others, or their ability to make people happy. Some call those things a soul.
Organisations have their essential core of jobs and people surrounded by an open and flexible space which they fill with flexible workers and flexible supply contracts.
The Empty Raincoat: Making Sense of the Future (1994)
There is no substitute for accurate knowledge. Know yourself, know your business, know your men.
If you're not scared, you're too stupid to work here.
Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively you can't miss.
These companies have money thrown at them. And that's good, but it's also dangerous. It's good because it allows them to do big things, and it is dangerous because companies who have too much money don't have the market discipline of learning to operate with the money that they bring in as part of their business... and developing a pattern or focusing that that discipline brings.
Speech, Los Angeles Times 3rd Annual Investment Strategies Conference, Los Angeles, California (1999)
A question that often comes up at times of strategic transformation is, should you pursue a highly focused approach, betting everything on one strategic goal, or should you hedge?... Mark TWain hit it on the head when he said, 'Put all of your eggs in one basket and WATCH THAT BASKET.'
Only the Paranoid Survive: How to Exploit the Crisis Points That Challenge Every Company and Career (1996)
Too much money is a dangerous thing to deal with. And the point I'm saying is exponential-huge opportunities bring exponentially huge opportunities for failure as well.
Speech, Los Angeles Times 3rd Annual Investment Strategies Conference, Los Angeles, California (1999)
Much as we talk about Internet companies today, in five years' time there won't be any Internet companies. All companies will be Internet companies or they will be dead.
Speech, Los Angeles Times 3rd Annual Investment Strategies Conference, Los Angeles, California (1999)
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On Anger: "For every minute you remain angry, you give up sixty seconds of peace of mind."
Essays
Essays
On Destiny: "Our destiny exercises its influence over us even when, as yet, we have not learned its nature: it is our future that lays down the law of our today."
Human, All Too Human
Human, All Too Human
On Friendship: "A crowd is not company; and faces are but a gallery of pictures; and talk but a tinkling cymbal, where there is no love."
Essays
Essays