Myers as an artist and musician who had consulted with businesses through the Myers Institute for Creative Studies; Ray as a social psychologist and business professor who started bringing creativity into classes in the early sixties. We had each repeatedly observed that without the involvement of some very deep personal sources of creativity, idea-generating techniques used alone could produce confusion - or at best, short-term gains. As with the proverbial Chinese meal, an hour later and you’re hungry again.

Lafley refocused the company of its top ten brands, the bestsellers that each generated over $1 billion in sales combined to make up more than half of P&G’s total revenues. “It’s a basic strategy that worked for me in the navy,” said Lafley, who, as a supply officer, ran a department store for servicemen. “I learned that even when you’ve got a complex business, there’s a core, and the core is what generates most of the cash, most of the profits. The trick was to find the few things that were really going to sell, and to sell as many of them as you could.

Shortly after the modern Starbucks was founded in 1987, this story was the heart of Schultz’s presentation to the Starbucks board of directors, along with his recommendation to establish full medical benefits and stock option ownership for all employees as long as they worked twenty hours a week. While the board initially dismissed the idea as unaffordable, especially for an early-stage company, Schultz’s ability to use both analytical and emotional reasoning won the day. He argued that such a program would pay for itself in three years if it reduced by half the high employee turnover common to the specialty retailing and food service industry. And he pulled on the heartstrings of the directors by talking about the kind of company that he wanted to build, one that he wished his father could have worked for. In the end the board approved the proposal, and the Starbucks Bean Stalk program was born. To this day the program (which incidentally was so successful in reducing employee turnover that it paid for itself in one year) is at the core of the company’s culture and organizational strategy.

He was a superb business executive. And he did it through practicing the points covered in this chapter: operational excellence, putting people first, being decisive, communicating well, knowing how to get the most out of even the most challenging people, focusing on product excellence, and treating people well when they are let go.

SUB-CAPABILITY NO.3: CREDIBILITY EQUITY

Sherman and Franklin made a huge impact late in life partly by drawing upon storehouses of credibility they’d built over decades. It wasn’t just Franklin’s words at the end of the Constitutional Convention that held sway, but also that these words came from Franklin. It wasn’t just that Sherman articulated a strong argument to preserve the actual text of the Constitution and use the amendment mechanism to include the Bill of Rights, but also that the argument came from Sherman.