Starbucks' new CEO admires Fortune 500 bosses Jamie Dimon and A.G. Lafley

Fortune

Starbucks just hired Chipotle CEO Brian Niccol as its new chief executive.  In May, Niccol told Fortune he admires JPMorgan CEO Jamie Dimon and former Procter & Gamble CEO A.G. Lafley.

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00:00Jamie Dimon has been, I think, a pretty darn impressive leader.

00:04He's had to deal with some crazy crises.

00:07And he's always, I think, very steadfast in his point of views.

00:12And he's very thoughtful in what he shares.

00:15Another leader that I admire is AG Lafley.

00:19You know, I started my career at Procter & Gamble.

00:21And while I was there, AG really led a turnaround.

00:25And what I really admired about AG's approach

00:28was he used a very, I think, a simple method

00:33of establishing where we were going to spend our time,

00:35what we were going to focus on.

00:37And then he let the organization execute against that.

00:40And back then, it was focusing on the billion-dollar brands.

00:43He had a very simple, I would call it, like, format

00:47where you understood how he was making decisions.

00:51Even though I was a brand assistant in the company

00:53or a brand manager in the company in a really big company,

00:56I understood how I thought AG was making decisions,

00:59which then informed me on how I should be making decisions.

01:02And it was a really simple framework

01:04around where to play, how to win, right to succeed.

01:06And I still kind of use that approach in my work today.

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