Nothing to fear but fear itself: When you read the newspaper, listen to TV or radio, you hear these purveyors of doom telling us how bad everything is. Leaders need to instill confidence - Americans are entrepreneurial, innovative people who always rise to the occasion.
Video killed the business trip: During times like these you have to really look at everything you're doing to make sure you're being more efficient and effective. We're trying to use more videoconferencing rather than travel.
Keep a shopping list: We're opportunistic if the right prospect presents itself, such as a couple years ago when we acquired Pfizer's Consumer Health Care business. We're also looking at acquisitions that let us enter new markets, move us into new technologies, or broaden our base geographically. We have a list of companies for each of these groups that [we] compile and watch on a routine basis to see if there may be opportunities for us.
NEXT: Jim Skinner, McDonald's