Out-innovating them is the way to beat China. And to do everything that we do in this country to support innovative policy, that drives innovation and new products and more jobs and creates jobs. You can't - you can't put a wall up around here. We tried that in the '30s. It didn't work.

Trust is enormously powerful in a corporation. People won't do their best unless they believe they'll be treated fairly. The only way I know how to create that kind of trust is by laying out your values and then walking the talk. You've got to do what you say you'll do, consistently, over time.

Before you are a leader, success is all about growing yourself. When you become a leader, success is all about growing others.

No vision is worth the paper it's printed on unless it is communicated constantly and reinforced with rewards.

Failing to differentiate among employees — and holding on to bottom-tier performers — is actually the cruelest form of management there is.

I wanted to change the rules of engagement, asking for more- from fewer. I was insisting that we had to have only the best people...If you wanted excellence, at a minimum, the ambience had to reflect excellence.

You have no right to be a leader if someone who works for you doesn't know where they stand.