You are not a leader to win a popularity contest-you are a leader to lead.

The team with the best players usually does win - this is why you need to invest the majority of your time and energy in developing your people.

Short cycle business are being impacted by credit, and are being impacted by gasoline prices, food, distribution businesses, chemical business.

People aren't the same. Business is, in my opinion, all about the team that fields the best players. It's not about an idea. An idea goes away. Somebody catches up with it. It's not about a widget.

In real life, strategy is actually very straightforward. You pick a general direction and implement like hell.

In every company, differentiation is never more important than it is in times of trouble, and that's the time when everyone tends to go to the well and equalize rather than differentiate.

In my lifetime, Mitt Romney is the most qualified leader I've ever seen run for the presidency of the United States.