Reinventing a 170-year-old company  A.G. Lafley, president and
CEO of Procter & Gamble, attends a session of the World Economic
Forum in New York.   Who: Procter & Gamble CEO, President and
Chairman A.G. Lafley.  Education: Lafley earned an undergraduate
degree from Hamilton College and an MBA from Harvard Business
School.  What you may not know: Lafley served in the Navy before
joining Procter & Gamble as a brand assistant for Joy
dishwashing liquid in 1977.  Kai Ryssdal: Mr. Lafley, welcome to
the program.  A.G. Lafley: Good to be here.  Ryssdal: Give me
the thumbnail sketch. What does this company do?  Lafley: We
make everyday, household and personal care products for today,
somewhere between three and four billion consumers around the
world.  Ryssdal: Does that make you shake your head and go,
"Man, what are we doing?"  Lafley: Not what are we doing but the
size, scale and global complexity of the business has changed a
lot over the last 31 years. When I joined the company in the mid
seventies, we were $5