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— Peter Drucker"An organization which just perpetuates today's level of vision, excellence, and accomplishment has lost the capacity to adapt."
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Horsemanship is the one art for which it seems one needs only practice. However, practice without true principles is nothing other than routine, the fruit of which is a strained and unsure execution, a false diamond which dazzles semi-connoisseurs often more impressed by the accomplishments of the horse than the merit of the horseman.
— Francois Robichon de La Gueriniere
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So Merrill Lynch has launched its first campaign in years to advertise the accomplishments of its investment banking business. The ads feature things like Merrill's recapitalization of Sierra Pacific. I guess including "helping Enron achieve its earnings goals in 1999" might be a little awkward given that Merrill Lynch bankers are currently on trial in Houston for that "accomplishment."
— Bethany McLean
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