We should be careful to get out of an experience only the wisdom that is in it - and stop there; lest we be like the cat that sits down on a hot stove-lid. She will never sit down on a hot stove-lid again - and that is well; but also she will never sit down on a cold one anymore.
Anyone who stops learning is old, whether this happens at twenty or eighty. Anyone who keeps on learning not only re mains young, but becomes constantly more valuable regardless of physical capacity.
If I were to prescribe one process in the training of men which is fundamental to success in any direction, it would be thoroughgoing training in the harbor of accurate observation. It is a habit which every one of us should be seeking ever more to perfect
"I never gives orders," Mr. Sloan once said. "I sell my ideas to my associates if I can. I accept their judgement if they convince me, and they frequently do, that I am wrong. I prefer to appeal to the intelligence of a man rather than attempt to exercise authority over him.
"Any fool can learn to stay within his budget. But I have seen only a handful of managers in my life who can draw up a budget that is worth staying within.''
Managers are the basic resource of the business enterprise and its scarcest... Managers are the most expensive resource - and the one that depreciates the fastest and needs the most constant replenishment.