Take the middle 70 percent and tell them what they need to do to get into the top 20 percent.

If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don't have to manage them.

If GE's strategy of investment in China is wrong, it represents a loss of a billion dollars, perhaps a couple of billion dollars. If it is right, it is the future of this company for the next century.

When all is said and done, teaching is what I try to do for a living.

So every time you think about your work-life balance issue, remember what your boss is thinking about - and that's winning. Your needs may get heard - and even successfully resolved - but not if the boss's needs aren't met as well.

The main social responsibility for a company is to win.

Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion.