As part of the Dean’s Distinguished Speakers Series, Dean Judy Olian hosted A.G. Lafley, executive chairman of Procter & Gamble. Lafley served as P&G’s president and CEO from 2000 to 2009, returning in 2013 as the chairman of the board. P&G reappointed Lafley as CEO to stabilize the company. While it would take a lifetime to absorb the insight he has gained over this time, we did manage to extract these seven pearls of wisdom from him. Learn them, use them — grow.
- Management and leadership are learned skills. Change and challenge are what excel growth.
- The job of the CEO is to create the future, your job is to support the CEO.
- Be yourself. You spent your life figuring out who you are, you have to have the courage to be yourself.
- Capitalism is about risk, if you don’t have the stomach for it, it’s not for you.
- Personal risk is also personal opportunity.
- If you know who your customers are and you give them what they need and want, things will be good for you.
- You have to build a team better than you are; that will carry the business down the road.
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