The productivity now at universities is terrible. Tenure is a terrible idea. It keeps them around forever and they don't have to work hard.

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.

If you have a reputation as a big, stiff bureaucracy, you're stuck.

If you can't energize others, you can't be a leader.

In order to lead a country or a company, you've got to get everybody on the same page and you've got to be able to have a vision of where you're going. America can't have a vision of health care for everybody, green economy, regulations - can't have a bunch of piece - meal activities. It's got to have a vision.

Face reality as it is, not as it was or as you wish it to be.

What business could be mature when you have economies with more than 2 billion people in India, China and Southeast Asia?