The day I was announced as CEO, I think the stock dropped another 20%.

I worked in sales. It was definable, it had a quantifiable approach to accomplishment that had a great deal of importance to me. It had a degree of clarity that I loved. And of course, it was core.

You know a good board when you see one.

When parents are confident that their children will live, they have fewer of them. They invest more in each child's food, health and education.

Good leadership is about the company's success, not your own.

When I became CEO of Xerox 10 years ago, the company's situation was dire. Debt was mounting, the stock sinking and bankers were calling. People urged me to declare bankruptcy, but I felt personally responsible for tens of thousands of employees.

As much as it's sometimes hard to make choices about where you invest, it's equally hard to make choices about where you don't invest and what you eliminate.