A well-managed business will have a high return on invested capital. But that's a consequence. It's not a way to manage a business. — Peter Senge Copy Share Image
You go to any MBA program, and you will be taught the theory of the firm, that the purpose of the firm is the maximization of return on invested capital. I always thought this was a kind of lunacy. — Peter Senge Copy Share Image
If people don't have their own vision, all they can do is 'sign-up' for someone else's. — Peter Senge Copy Share
In the Machine Age, the company itself became a machine - a machine for making money. — Peter Senge Copy Share
Trusting people to be creative and constructive when given more freedom does not imply an overly optimistic belief in the perfectibility of human nature.… — Peter Senge Copy Share
One possibility for difficulties innovating is that most people really donÕt care about innovation. — Peter Senge Copy Share
One industrial age belief is that GDP or GNP is a measure of progress. I don't care if you're the President of China or… — Peter Senge Copy Share
“The only sustainable competitive advantage is an organization's ability to learn faster than the competition.” — Peter Senge Copy Share
Businesses and other human endeavors are also systems. They, too, are bound by invisible fabrics of interrelated actions, which often take years to fully… — Peter Senge Copy Share
To listen fully means to pay close attention to what is being said beneath the words. You listen not only to the 'music,' but… — Peter Senge Copy Share
It's common to say that trees come from seeds. But how can a tiny seed create a huge tree? Seeds do not contain the… — Peter Senge Copy Share
Innovation requires resources to invest, and you can see many companies pulling back and going into an intense protective mode in a major extended… — Peter Senge Copy Share
