An important part of leadership is being able to hold two things in your mind at once: Dealing with the reality, whatever it may be, and focus on hope for the future. Any leader helping an organization through challenges needs to be able to do both.

When I arrived in Ford, a decision was made to sell many marquee brands. This was because 85 per cent of the sales were from Ford and Lincoln brands. We were clear that for the company's strong future, we needed to focus on the Ford brands.

Nothing will ever have the impact that 9/11 had on Boeing and on the world. It just changed things overnight.

If you have to improve your fuel efficiency every year, it leads to innovation.

It's such a changing industry, and I realize that it's become more digital- and singles-driven, but I still love listening to a full record. It's the artist's story captured in 12 or 15 songs.

There certainly was a lot of potential in the air for doing a magazine which focused on the way business, in particular, was being transformed by the Internet.

Many of the greatest composers and musicians do their best work in extreme confinement but we are seeing it in other fields - uses of technology to link people together in networks to solve problems and almost certainly we'll get better ideas than we would from them just doing it on their own.

The main thing I'm concerned with right now, is getting people to understand that the Internet of Things is already in their lives. So if you look around your house, either your television, refrigerator, or some of your appliances - they are probably already connected.