People are not your most important asset....the right people are.

To have a Welch-caliber C.E.O. is impressive.To have a century of Welch-Caliber C.E.O.'s all grown from the inside - well, that is one key reason why G.E. is a visionary company.

Most people will look back and realize they did not have a great life because it's just so easy to settle for a good life.

The x factor of a great leader is humility combined with will.

I've never found an important decision made by a great organization that was made at a point of unanimity. Significant decisions carry risks and inevitably some will oppose it. In these settings, the great legislative leader must be artful in handling uncomfortable decisions, and this requires rigor.

In a world of constant change, the fundamentals are more important than ever.

The critical question is not whether you'll have luck, but what you do with the luck that you get.