An institution which is ...

An institution which is financed by a budget - or which enjoys a monopoly which the customer cannot escape - is rewarded for what it deserves rather than what it earns.  It is paid for \'good intentions\' and \'programs\'.  It is paid for not alienating important constituents rather than satisfying any one group.  It is misdirected by the way it is being paid into defining performance and results as what will produce the budget rather than as what will produce contribution.
An institution which is financed by a budget - or which enjoys a monopoly which the customer cannot escape - is rewarded for what it deserves rather than what it earns. It is paid for 'good intentions' and 'programs'. It is paid for not alienating important constituents rather than satisfying any one group. It is misdirected by the way it is being paid into defining performance and results as what will produce the budget rather than as what will produce contribution.

Quotes from the same author

The entrepreneur always searches for change, responds to it, and exploits it as an opportunity.
Efficiency is doing things right; effectiveness is doing the right things.
The best way to predict your future is to create it.
There is nothing so useless as doing efficiently that which should not be done at all.
Follow effective action with quiet reflection. From the quiet reflection will come even more effective action.