A company has only so much money and managerial time. Winning leaders invest where the payback is the highest. They cut their losses everywhere else.

If you get the best people on your team, you've got plenty of time to do the things you like to do and can add more value to.

The last thing you want to do is be a bore. When you wake up in the morning, give yourself a good mirror test. If you look like you’re going to be a sulking, pouting bore, slap yourself in the face before you go out to the office.

The operative assumption today is that someone, somewhere, has a better idea; and the operative compulsion is to find out who has that better idea, learn it, and put it into action-fast.

If you want risk taking, set an example yourself and reward and praise those that do.

The biggest opportunity for big companies has come by far in the digitization of internal processes.

Strategy is not a lengthy action plan. It is the evolution of a central idea through continually changing circumstances.