Many heads make bright work, when the focus is on answers, not egos
But getting the band back wasn't easy. They had scattered far and wide and Jake hadn't helped matters by having a stint in prison.
The Blues Brothers made the point that the best way to succeed was to put a team together, and there have been many examples of this in all areas of our society, including the media and entertainment industry.
The other week, a young man from the band One Direction hired Charlie's modest little jet. Readers should ask today's teenagers if they know about One Direction and stand back as the eyes roll and that one multipurpose word of all teens is expressed: "hot".
"I know one direction," says Louise, ever the pessimist. "Down."
"Keep it nice," Charlie says.
Well, the story of One Direction is all about the other direction. Up, up and away, to revive an old airline slogan. These five young singers have become the hottest thing coming out of England since the Beatles. But they weren't a band at all when they first took to The X Factor stage in 2010, just five individual hopefuls who weren't going anywhere fast.
As soloists, their auditions weren't good but Nicole Scherzinger, a guest judge had the inspired idea to put them together to form a five-piece boy band. Overnight, the less than impressive five individuals became an unbelievable team. They went on to finish third in the show. Their first single, What Makes You Beautiful, went to No.1 and the album was a the top in about 15 countries.
The advertising industry had learnt many years earlier about the importance of teams. No copywriters produce their text as solo operators, and art directors don't make decisions on their Pat Malone. Creative teams are formed, with some amazing results.
The Campaign Palace in Melbourne had huge success with campaigns such as Underdaks and Antz Pantz. And, in Sydney, the famous Mo and Jo hit the jackpot of their clients with "Feel like a Tooheys". A great team will always beat brilliant individuals.
Many years earlier, show business showed us the way with Rodgers and Hammerstein musicals, and Gilbert and Sullivan operettas.
Charlie is a student of US history and fondly remembers the days when American presidents would be bold enough to ignore party lines and pick the best people for the cabinet from any party or even any walk of life.
The best example is probably the Kennedy era when Robert McNamara was appointed secretary of defence. McNamara had rebuilt Ford following World War II and went on to become the longest-serving defence secretary in US history.
America has just completed its greatest century, controlling 22 per cent of the world's GDP - not bad for less than 5 per cent of the world's population. But right now it's far too divided along party lines and becoming increasingly dysfunctional. They would do well go back to the Blues Brothers and have a go at getting the band back together again.
Many argue Australia would be well served in the future with such a system of government. Does it make sense to restrict our access to talent and deny ourselves the best possible team? It works very well in medical science. As chairman of the Florey Institute, one of the most influential brain research institutes in the world, I've seen many problems solved by putting a team together.
Most recently, a team of 20 scientists and doctors reviewed the case of a child suffering extreme epilepsy. Their combined thinking led to a new approach to the lifesaving operation. They weren't interested in their own egos; they just wanted to do the job.
As Charlie's uncle was always saying, "It's amazing what you can achieve if you don't also want to seek the credit for doing it."
Frequently Asked Questions about this Article…
Teamwork is crucial in investment and business because it brings together diverse skills and perspectives, leading to more innovative solutions and better decision-making. Just like in the entertainment industry or advertising, a great team can outperform brilliant individuals by combining their strengths.
Everyday investors can apply teamwork by collaborating with financial advisors, joining investment clubs, or participating in online forums. This allows them to gain insights from others, share knowledge, and make more informed investment decisions.
Investors can learn from One Direction's success that combining individual talents into a cohesive team can lead to extraordinary results. Initially, the members were soloists, but together they became a successful band, highlighting the power of collaboration.
The Blues Brothers' story emphasizes the importance of assembling a strong team to achieve a common goal. In investment, this means gathering a group of experts or advisors who can provide diverse insights and help navigate complex financial landscapes.
Ego can hinder successful teamwork by creating conflicts and preventing open communication. In investment, setting aside personal egos allows team members to focus on achieving the best outcomes rather than seeking individual recognition.
Yes, historical examples like the Kennedy era show that selecting the best people for a team, regardless of their background, can lead to significant achievements. Investors can adopt this approach by seeking diverse perspectives and expertise in their investment teams.
Investors can benefit by adopting the advertising industry's model of creative teams, where collaboration leads to innovative solutions. By working with a team of financial experts, investors can develop more effective strategies and achieve better results.
The key takeaway is that collaboration and teamwork are essential for success in any field, including investment. By leveraging the strengths of a diverse team, investors can enhance their decision-making and achieve their financial goals more effectively.

