Learning from Herbie?

Today I stumbled on Herbie Herbert quite often,haha,meaning that I've found a few articles related more or less to the big man.
One of these is actually a very interesting read about how was Tower Records put together and the good ole days in the Bay area...
SF Weekly
What caught my attention,tho,was this:
Could today's managers learn something from the old school thinkers like HH,or did the times changed so much that bands (Journey) need completely different ways of promotion?
Your thoughts?
One of these is actually a very interesting read about how was Tower Records put together and the good ole days in the Bay area...
SF Weekly
What caught my attention,tho,was this:
Journey manager Herbie Herbert had an office next door to the Columbus and Bay store.
"Studying Tower Records, going there and observing how people browsed really taught me a lot about how to proceed with Journey," Herbert says. "Tower really taught me that the most effective means of promotion was actually point-of-purchase advertising. You had a captive target demographic. I went crazy spending money on point-of-purchase materials. It was very, very, very effective. It wasn't long after that success was observed."
Could today's managers learn something from the old school thinkers like HH,or did the times changed so much that bands (Journey) need completely different ways of promotion?
Your thoughts?