Neil H. McElroy
As a 27-year-old brand promotion manager at Procter & Gamble, McElroy wrote the 1931 memo proposing that a single 'brand man' own one product's entire success — the founding document of brand and, eventually, product management. He later became P&G's president and US Secretary of Defense.
McElroy's three-page memo, dated May 13, 1931, proposed hiring young 'brand men' who would each track one product's sales and advertising, essentially competing against P&G's own other brands as if they were outside rivals. The idea took hold immediately inside the company; McElroy rose through P&G's ranks to become its president in 1948. In 1957, President Eisenhower appointed him US Secretary of Defense, a job he held during the Sputnik crisis and NASA's creation in 1958.
“Give one person full ownership and accountability for a single product's outcome, and let them compete even against their own colleagues.”