I've learned that mistakes can often be as good a teacher as success.
Take time to get to know people. Understand where they are coming from, what is important to them. Make sure they are with you.
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.
When all is said and done, teaching is what I try to do for a living.
Strategy means making clear-cut choices about how to compete.
The team with the best players usually does win - this is why you need to invest the majority of your time and energy in developing your people.