A Yale University Management Professor In Response

Fear Of Failure Must Never Be A Reason Not To Try Something.

A Yale University Management Professor In Response To Student Fred Smith's Paper Proposing Reliable Overnight Delivery Service: The Concept Is Interesting And Well-formed, But In Order To Earn Better Than A 'c', The Idea Must Be Feasible.

It Is Impossible To Manage The Health Care Requirements Of Tens Of Millions Of American Citizens At The Federal Level. It Is Impossible To Manage All Of The Permutations Of People's Economic Aspirations And Lives Through A Complex Tax Code. It Is Impossible To Try To Second-guess The Market. It Is Impossible, From A Managerial Standpoint, For The Federal Government To Do The Things It Is Trying To Do Today.

The United States Tax System Today Is Very Prejudiced Towards Financialization, Leverage, And Lack Of Investment.

Leaders Get Out In Front And Stay There By Raising The Standards By Which They Judge Themselves - And By Which They Are Willing To Be Judged.