“ We are hugely in favor of the founder who intends to be CEO. Not all founders can become great CEOs, but most of the great companies in our industry were run by a founder for a long period of time, often decades, and we believe that pattern will continue. ”
“ The most important job of any board member is to decide every year whether or not to rehire the chief. ”
“ The manager is the dynamic, life-giving element in every business. Without his leadership the ‘resources of production’ remain resources and never become production. In a competitive economy, above all, the quality and performance of the managers determine the success of a business, indeed they determine its survival. For the quality and performance of its managers is the only effective advantage an enterprise in a competitive economy can have. ”
Peter Drucker (via mikehudack)
