Really, the one thing that actually works - you know, state-run communism may not be your cup of tea, but [China's] government works.

Good leaders don't tell people what to do, they give teams capability and inspiration.

I think there's a need for somewhat of a mindset change. We need to have a consistent external focus. We've always had the research labs. We've always had the resources to be innovative, and we've been innovative in a number of businesses. But, in any big company, you have to constantly push people to look at markets and customers, rather than look internally at themselves.

I was never afraid of failure. I realized that I was responsible for my own success and that every day offers a new beginning and I was confident in my ability to improve.

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.

Values can't just be words on a page. To be effective, they must shape action.

Really, the one thing that actually works - you know, state-run communism may not be your cup of tea, but [China's] government works.