In a truly great company profits and cash flow become like blood and water to a healthy body: They are absolutely essential for life but they are not….

The moment you feel the need to tightly manage someone, you've made a hiring mistake. The best people don't need to be managed. Guided, taught, led-y….

First figure out your partners, then figure out what ideas to pursue. The most important thing isn't the market you target, the product you develop o….

Good-to-great companies set their goals and strategies based on understanding; comparison companies set their goals and strategies based on bravado..

To have a Welch-caliber C.E.O. is impressive.To have a century of Welch-Caliber C.E.O.'s all grown from the inside - well, that is one key reason why….

Those who build great companies understand that the ultimate throttle on growth for any great company is not markets, or technology, or competition, ….

A great company will have many once-in-a-liftetime opportunities..

A visionary company doesn't simply balance between idealism and profitability: it seeks to be highly idealistic and highly profitable. A visionary co….

Bad decisions made with good intentions, are still bad decisions..

I am completely Socratic..

Change your practices without abandoning your core values..

Resilency, not perfection, is the signature of greatness..

Be rigorous about your HR decisions. There is a difference between rigorous and ruthless..

How can we do better tomorrow than we did today?.

If you have more than three priorities then you don't have any..

I see the Baldrige process as a powerful set of mechanisms for disciplined people engaged in disciplined thought and taking disciplined action to cre….

The greatest leaders build organizations that, in the end, don't need them..

Mediocrity results first and foremost from management failure, not technological failure..

The only way to remain great is to keep on applying the fundamental principles that made you great..

You absolutely must have the discipline not to hire until you find the right people..

The drive for progress doesn't wait for the external world to say "It's time to change.".