The one word that makes a good manager - decisiveness.

Start with good people, lay out the rules, communicate with your employees, motivate them and reward them. If you do all those things effectively, you can't miss.

I was at Ford for 32 years. I went to Chrysler in 1978, four or five months after I got canned by Henry Ford.

There's a world of difference between a strong ego, which is essential, and a large ego-which can be destructive.

From what I've seen, you either get grounded in that kind of positive thinking early on in life or you don't. Establishing priorities and using your time well aren't things you can pick up at the Harvard Business School. Formal learning can teach you a great deal, but many of the essential skills in life are the ones you have to develop on your own.

Get all the education you can then go out and do something - do anything.

Why is our free-enterprise system so strong?- Not because it stands still, frozen in the past, but because it has always adapted to changing realities