“If you have a reputation as a big, stiff bureaucracy, you're stuck.” — Jack Welch

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

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.

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

The productivity now at universities is terrible. Tenure is a terrible idea. It keeps them around forever and they don't have to work hard.