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" The biggest cowards are managers who don't let people know where they stand. "

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" I was never the smartest guy in the room. From the first person I hired, I was never the smartest guy in the room. And that's a big deal. And if you're going to be a leader - if you're a leader and you're the smartest guy in the world - in the room, you've got real problems. "

" If you don't have public hangings for bad culture in a company, if you don't take people out and let them say, they went home to spend more time with the family. It's crazy. "

" Willingness to change is a strength, even if it means plunging part of the company into total confusion for a while. "

" Face reality as it is, not as it was or as you wish it to be. "

" You got to be rigorous in your appraisal system. The biggest cowards are managers who don't let people know where they stand. "

" Public hangings are teaching moments. Every company has to do it. A teaching moment is worth a thousand CEO speeches. CEOs can talk and blab each day about culture, but the employees all know who the jerks are. They could name the jerks for you. It's just cultural. People just don't want to do it. "

" Change before you have to. "

" Out-innovating them is the way to beat China. And to do everything that we do in this country to support innovative policy, that drives innovation and new products and more jobs and creates jobs. You can't - you can't put a wall up around here. We tried that in the '30s. It didn't work. "

" You measure your people and you take action on those that don't measure up. "

" I was afraid of the internet... because I couldn't type. "

" The Internet is the Viagra of big business. "

" Culture drives great results. "

" If you don't have a competitive advantage, don't compete. "

" Be candid with everyone. "

" The team with the best players wins. "

" We've only been wealthy in this country for 70 years. Who said we ought to have all this? Is it ordained? "

" In my lifetime, Mitt Romney is the most qualified leader I've ever seen run for the presidency of the United States. "

" Strong managers who make tough decisions to cut jobs provide the only true job security in today's world. Weak managers are the problem. Weak managers destroy jobs. "

" The idea flow from the human spirit is absolutely unlimited. All you have to do is tap into that well. I don't like to use the word efficiency. It's creativity. It's a belief that every person counts. "

" I don't feel under-taxed in any way at all. "

" Give me a highly successful unionized industry. "

" Giving people self-confidence is by far the most important thing that I can do. Because then they will act. "

Self-Confidence

" One of the jobs of a manager is to instill confidence, pump confidence into your people. And when you've got somebody who's raring to go and you can smell it and feel it, give 'em that shot. "

" An organization's ability to learn, and translate that learning into action rapidly, is the ultimate competitive advantage. "

" Management is all about managing in the short term, while developing the plans for the long term. "

" I actually think that the economy has got some positives. It's got the market. It's got consumer confidence and it's got banks throwing - I mean central bankers throwing money at it around the world. "

" Globalization has changed us into a company that searches the world, not just to sell or to source, but to find intellectual capital - the world's best talents and greatest ideas. "

" You can't grow long-term if you can't eat short-term. Anybody can manage short. Anybody can manage long. Balancing those two things is what management is. "

" If you pick the right people and give them the opportunity to spread their wings and put compensation as a carrier behind it you almost don't have to manage them. "

" The essence of competitiveness is liberated when we make people believe that what they think and do is important - and then get out of their way while they do it. "