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Case study of vision execution

Bruce MacEwen says lawyers and law firms could learn a little something about change from McKinsey & Co.'s analysis of Procter & Gamble CEO Alan G. Lafley.

In case you don't follow consumer products, Lafley was and is a lifer at P&G, who landed on Wall Street with a bit of a splat (my words, certainly not MacEwen's) after multiple profit warnings and a one-day stock price free-fall of 30 percent.

Five years ago, Lafley made quite a name for himself. Today, MacEwen holds up Lafley's record as an example and writes, "Lafley's results speak for themselves:  Revenues up 30% and profits up 70% (to $51 billion and $9.8 billion, respectively)." Why do you or your firm care? More here.

Posted by Laurel Newby on September 30, 2005 at 02:43 PM | Permalink | TrackBack (0)

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