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

For a large corporation to be effective, it must be simple. For an organization to be simple, its people must have self-confidence and intellectual self-assurance. Insecure managers create complexity, real leaders do not clutter.

On the face of it, shareholder value is the dumbest idea in the world.

No one can guarantee you a job other than satisfied customers. That's the only thing that works. Nothing creates work other than products and services you provide that create satisfied customers.

For a large organization to be effective, it must be simple.

Cash is king. Get every drop of cash you can get and hold onto it.

I think every leader has an obligation - the absolute obligation - to treat everyone fairly. But they also have the obligation to treat everyone differently. Because people aren't all the same, and the last thing you ever want to do, in my opinion, is let the best in your organization be treated like the worst in your organization. It does nothing for your future.