Celebrating creates an atmosphere of recognition and positive energy. Imagine a team winning the World Series without champagne spraying everywhere. And yet companies win all the time and let it go without so much as a high five. Work is too much a part of life not to recognize moments of achievement. Make a big deal out of them. If you don't, no one will.

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

Too often we measure everything and understand nothing. The three most important things you need to measure in a business are customer satisfaction, employee satisfaction, and cash flow. If you’re growing customer satisfaction, your global market share is sure to grow, too. Employee satisfaction gets you productivity, quality, pride, and creativity. And cash flow is the pulse—the key vital sign of a company.

Don't lose youself on the way to the top.

Management is all about managing in the short term, while developing the plans for the long term.

People always overestimate how complex business is. This isn't rocket science. We've chosen one of the world's simplest professions.

Be candid with everyone.