I write down the three measurements which Lou and I agreed are central to knowing if the company is making money: net profit, ROI and cash flow.

So this is the goal: To make money by increasing net profit, while simultaneously increasing return on investment, and simultaneously increasing cash flow.

An expert is not someone who gives you the answer, it is someone who asks you the right question.

The goal is not to improve one measurement in isolation. The goal is to reduce operational expenses AND reduce inventories and increase throughput simultaneously.

Tell me how you measure me, and I will tell you how I will behave

I say an hour lost at a bottleneck is an hour out of the entire system. I say an hour saved at a non-bottleneck is worthless. Bottlenecks govern both throughput and inventory.

If you don't manufacture a quality product all you've got at the end is a bunch of expensive mistakes.

Never let something important become urgent

Cost Accounting is enemy number one of productivity.

An hour saved at the non-bottleneck is a mirage.

It's a finger snapping kind of day.

One of the best-kept secrets in America is that people are aching to make a commitment if they only had the freedom and environment in which to do so.

Tennis just a game, family is forever.

That’s the thing about spies. Most of the secrets we keep are from each other.

The artist is likely to be looked upon with some uneasiness by the more conservative members of society.

Always buy your straw hats in the Winter

Bass is for people who can't play guitar

Believe it or not, there are places in the world where music is important. There are places in the world where all the arts are a matter of national pride.

Sophia Loren would be a glamour girl even if she were in rags selling fish. She has the look, the movement and the intellect.

I think we should put the same weight now on the co-factors as we have on HIV.