Risk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs.

Competitiveness is defined as the ability of companies to compete while maintaining or improving the average standard of living. If you are cutting wages to become more competitive, that's not really more competitive. It's raising the skill and the efficiency of those workers so that they can support and sustain that higher wage.

Strategy is choice. Strategy means saying no to certain kinds of things.

Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.

The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.

Ultimately, health care fails the most basic test. It's not organized around the needs of the patient.

Technology has given us this wonderful opportunity to have low energy costs. We have to seize that, rather than keep debating and discussing and fighting over it.