I might not be the brightest bulb in the chandelier, but I'm pretty good at getting most of the other bulbs to light up.

Strategy is simply resource allocation. When you strip away all the noise, that's what it comes down to. Strategy means making clear cut choices about how to compete. You cannot be everything to everybody, no matter what the size of your business or how deep its pockets.

Shareholder value is a result, not a strategy . . . Your main constituencies are your employees, your customers and your products.

My job is to find great ideas, exaggerate them, and spread them like hell around the business with the speed of light...And to put resources in to support them. Keep finding ideas. That's the job of just about all of our CEOs.

GE's businesses turned in a terrific first quarter. Our products and services are being well received in unusually robust global markets.

We know where most of the creativity, the innovation, the stuff that drives productivity lies-in the minds of those closest to the work. It's been there in front of our noses all along while we've been running around chasing robots and reading books on how to become Japanese-or at least manage like them.

Control your own destiny or someone else will.