Surviving a failure gives you more self-confidence. Failures are great learning tools - but they must be kept to a minimum.

The most important thing I've learned since becoming CEO is context. It's how your company fits in with the world and how you respond to it.

Live with passion. Live with purpose.

Managing innovation better may be the only way out of the abyss called commodity hell.

I grew up in Cincinnati, Ohio, and my parents are really right wingers. My dad watches, like, five or six hours of Fox News every day and stuff like that.

If the only common thread you have as an industrial company is the fact that you think you're well managed, you can still be a pretty good company, but you're not going to be a dominant company, a competitive company over time.

In business as in life, sometimes bad things happen to good people, and sometimes good things happen to bad people. But over time, if you play long enough, everybody gets what he deserves - good and bad.