A wrong business policy often affects customers worldwide and may even shake an enterprise to the core, resulting in unforeseen heavy losses.

A successful leader usually has certain common characteristics: studious, good communicator, specialized, trusted and trusting, able to resist the various temptations that come with power.

To be a person of influence – be discreet in word and deed, practice what you preach and take responsibility for what you say and do.

If you don't know how to learn, of course it's difficult to change. No matter how much additional water you try to put into a full bucket, it's no use because the water just keeps pouring out.

Leaders in today's society must have integrity, be honest and be able to make bold, wise decisions.

Make up your mind and you will know what you should do and what temptations you should resist.

Don't think about yourself only when talking with others. Listen attentively, observe the other person's countenance and attitude, and then respond appropriately.

In this age of rapid changes, you have to constantly re-examine yourself.

Wealth is not a measure of your success in life and you are not restricted to one type of job or way of earning a living. You have to make a choice and live a meaningful life.

When you are angry, think about the consequences of your anger; when you see an opportunity for profit, think whether it's just.

When faced with difficulties in life, you have to know the right time to change your attitude. Don't be put off by some hardship or unfair disadvantage. You will then be able to set a solid foundation and won't be restricted by your environment.

Be honest and truthful in dealing with people. Have the courage to bear the consequences of your actions without shirking responsibility.

Human nature has both good and bad elements, but our environment and what we learn can change our nature.

When I visited Japan in 2006, I read an article by the former chairman of the Japan Business Federation (and former chairman of Toyota Motor Corporation) Mr. Hiroshi Okuda, saying that the first thing any great leader must do in the 21st century is to study The Analects of Confucius thoroughly.

There are two important Confucian terms, Ren (仁) and Junzi (君子), which are not readily translated into English. Rather than providing a translation which does not capture the Chinese meaning in its entirety, the phonetic transcriptions or pinyin of those terms have been used and explanations of their meanings are listed in this episode.