“Management tools that enable a company to work together. . .”

“You need, I think, to develop a management technology in that sense—management tools that enable a company to work together—and that I think it’s going to be increasing the job at the top.

And to what extent you can build a global management, still not that easy. The single product company may be the only company I know that has a global management basically is Coca-Cola.

At the other extreme, you have a company like Siemens, 70% of it’s sale or 68 outside of Germany and there is nobody in the senior management of Siemens has ever worked one day outside of Germany, that’s the other extreme and it begins to show.

It’s almost imperative for a company like P&G to make sure that its younger, able people have some exposure outside of the country from which they come, because if you wait till you’re 50 it’s too late.”