People are more important than programmes

One man is running a company with the help of three old family retainers, two others who haven’t had a new idea in a couple of generations, and a whole raft of school drop-outs. He is given a hundred million dollars. Another man is running a company with the help of a couple of abrasive but energetic and innovative assistants and three or four bright young graduates. He is given a million dollars. In five years’ time who do you think will be at the head of the larger, more successful company?