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Formulating Solutions : Lessons from an Unexpected Entrepreneurial Journey - P. Scott Bening

Formulating Solutions

Lessons from an Unexpected Entrepreneurial Journey

By: P. Scott Bening

Hardcover | 24 January 2023

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FROM THE CEO WHO LED THE COMPANY THAT MADE TIDE PODS A REALITY, THEN HAD TO FIGURE OUT WHO HE WAS WITHOUT IT.

P. Scott Bening led MonoSol for 33 years, sold it to Kuraray, and planned to stay three years to manage the transition. He stayed ten.

Stepping away proved harder than expected. After decades spent building a company around its people and culture, the decisions suddenly belonged to someone else.

The Back Nine follows that transition from CEO to advisor, mentor, and retiree. It begins with the mentor who spent his final two months personally handing off every client relationship he had built. Four decades later, Bening found himself in the same position.

Across six chapters, he writes about giving up authority, finding purpose after a career ends, mentoring the next generation, dealing with unfairness, adapting to social and technological change, and learning to let others take over.

For anyone who has spent decades building a career, company, or reputation, The Back Nine is a candid account of what happens when the title goes away, but the experience remains.

Industry Reviews

"Formulating Solutions is a powerful, entertaining, and instructive book about how one person with humility and vision built a world-class business. Anyone who ever dreamed of running their own business should start by reading this book. P. Scott doesn't shy away from how difficult it is, yet you see through his story how human ingenuity can solve practically any problem. You also see his character on every page and come to easily understand why it is the real secret of his success."

- Senator Bill Bradley, US Senator, Rhodes Scholar, Olympic & NBA Hall; of Famer, national radio host, and bestselling author



â"âCreating a successful innovation partnership between two companies is always a challenge. The degree of difficulty goes up dramatically when one is small but mighty, like MonoSol, and the other is a giant like P&G. Under Scott's leadership, MonoSol became a trusted innovation, development, and business partner that worked in tandem with P&G to create the transformational Tide Pods business, solving many difficult problems along the way. We are forever grateful." 

- KATHY FISH, former Chief Research, Development, and Innovation Officer at  Procter & Gamble; Vice-Chair of the USA Swimming, Balchem & Origin Materials Boards of Directors



"A large part of the story of MonoSol-and the story of Scott's leadership-comes down to talent: constantly assessing if you have the right folks in the right seats and then motivating those individuals to rise to their highest potential. That example provides an important perspective and lesson for any aspiring business leader.â"â

- Jonathan Owsley, Managing Partner, L Catterton Growth Fund, Middlebury College and Cornell Law School

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