Transcript Re-imagine! ShortTakes27 Tom Peters/10.23.2004 Short Takes! Tom Peters: My Story. A Coherent Story: Context-Solution-Bedrock Context1: Intense Pressures (China/Tech/Competition) Context2: Painful/Pitiful Adjustment (Slow, Incremental, Mergers) Solution1: New.

Re-imagine!
ShortTakes27
Tom Peters/10.23.2004
Short Takes!
Tom Peters:
My Story.
A Coherent Story: Context-Solution-Bedrock
Context1: Intense Pressures (China/Tech/Competition)
Context2: Painful/Pitiful Adjustment (Slow, Incremental, Mergers)
Solution1: New Organization
(Technology, Web+ Revolution,
Virtual-“BestSourcing,”“PSF” “nugget”)
Solution2: No Option: Value-added Strategy
(ServicesSolutions-Experiences-DreamFulfillment “Ladder”)
Solution3: “Aesthetic” “VA” Capstone
Solution4: New Markets (Women, ThirdAge)
(Design-Brands)
Bedrock1: Innovation (New Work, Speed, Weird, Revolution)
Bedrock2: Talent (Best, Creative, Entrepreneurial, Schools)
Bedrock3: Leadership (Passion, Bravado, Energy, Speed)
’70s: Cost (BCG’s “cost curves”)
’80s: TQM-CI (Japan)
’90s: Service
’00s: Solutions/Experiences
’10s: Dream Fulfillment
Short Takes!
Tom Peters Summary
Statements:
Goals & Strategy
Ten Good Reasons to “Get Up in the Morning”
1. Empower one and all to vigorously seek WOW! in their work/projects. (Or else.) Foster
the “Brand You Spirit” and the “Entrepreneurial Urge” at every turn. (Or else.)
2. Blow up “education” as we know it today! Re-tool education to emphasize the arts,
creativity, entrepreneurial behavior. (Or else.)
3. Seek out the bold, the strange, the misfits, the dreamers—and welcome their presence
in our midst.
4. Drag enthusiasm, passion, Technicolor and bold commitment out of the closet! Make
Passion your Passion! (Hint: Passion makes the world go ’round.)
5. Be a champion for: Women Roar! Women Rule!
6. Underscore the importance of/stupendous opportunities associated with the “cool new
markets”: Women, Boomers and Geezers, Hispanics, Greenies, Wellness.
7. Dramatically re-orient healthcare from after-the-fact “fixes” to before-the-fact attention
to prevention-Wellness. (And “kindly suggest” that the “acute-care” “industry” give some
passing thought to Quality.)
8. Ensure that the historically neglected “intangibles” are the prime basis for individual
and enterprise success.
9. Support Globalization as the best—if indeed messy—path to maximum human
freedom, security and welfare.
10. Swear by the motto: “Reward excellent failures; punish mediocre successes.”
Successful Businesses’ Dozen Truths: TP’s 30-Year Perspective
1. Insanely Great & Quirky Talent.
2. Disrespect for Tradition.
3. Totally Passionate (to the Point of Irrationality) Belief in What
We Are Here to Do.
4. Utter Disbelief at the BS that Marks “Normal Industry Behavior.”
5. A Maniacal Bias for Execution … and Utter Contempt
for Those Who Don’t “Get It.”
6. Speed Demons.
7. Up or Out. (Meritocracy Is Thy Name. Sycophancy Is Thy Scourge.)
8. Passionate Hatred of Bureaucracy.
9. Willingness to Lead the Customer … and Take the Heat Associated
Therewith. (Mantra: Satan Invented Focus Groups to Derail True
Believers.)
10. “Reward Excellent Failures. Punish Mediocre Successes.”
11. Courage to Stand Alone on One’s Record of Accomplishment
Against All the Forces of Conventional Wisdom.
12. A Crystal Clear Understanding of Story (Brand) Power.
Everything You Need to Know about “Strategy”
1. Do you have awesome Talent … everywhere? (“We are the Yankees of home improvement here in Omaha.”) Do
you push that Talent to pursue Audacious Quests?
2. Is your Talent Pool loaded with wonderfully peculiar people who others would
call “problems”? And what about your Extended Community of customers, vendors et al?
3. Is your Board of Directors as cool as your product offerings … and does it have
50 percent (or at least one-third) Women Members?
4. Long-term, it’s a “Top-line World”: Is creating a “culture” that cherishes above all things Innovation and
Entrepreneurship your primary aim? Remember: Innovation … not Imitation!
5. Are the Ultimate Rewards heaped upon those who exhibit an unswerving “Bias for Action,” to quote the coauthors of In Search of Excellence? Are your O.O.D.A. loops shorter than the next guy’s?
6. Do you routinely use hot, aspirational words-terms like “Excellence” and B.H.A.G. (Big Hairy Audacious Goal,
per Jim Collins) and “Let’s make a dent in the Universe” (the Word according to Steve Jobs)? Is “Reward excellent
failures, punish mediocre successes” your de facto or de jure motto?
7. Do you subscribe to Jerry Garcia’s dictum: “We do not merely want to be the best of the best, we want to be the
only ones who do what we do”?
8. Do you elaborate on and enhance Jerry G’s dictum by adding, “We subscribe to ‘Best Sourcing’—and only want
to associate with the ‘best of the best’.”
9. Do you embrace the new technologies with child-like enthusiasm and a revolutionary’s zeal?
10. Do you “serve” and “satisfy” customers … or “go berserk” attempting to provide every customer with an
“awesome experience” that does nothing less than transform the way she or he sees the world?
11. Do you understand … to your very marrow … that the two biggest under-served markets are Women and
Boomers-Geezers? And that to “take advantage” of these two Monster “Trends” (FACTS OF LIFE) requires
fundamental re-alignment of the enterprise?
12. Are your leaders accessible? Do they wear their passion on their sleeves? Does integrity ooze out of every
pore of the enterprise? Is “We care” your implicit motto?
13. Do you understand business mantra #1 of the ’00s: DON’T TRY TO COMPETE
WITH WAL*MART ON PRICE OR CHINA ON COST? (And if you get this last idea, then see the 12 above!)
The Leadership11
1. Talent Management
2. Metabolic Management
3. Technology Management
4. Barrier Management
5. Forgetful Management
6. Metaphysical Management
7. Opportunity Management
8. Portfolio Management
9. Failure Management
10. Cause Management
11. Passion Management
The Leadership11
1. Talent Management
2. Metabolic Management
3. Technology Management
4. Barrier Management
5. Forgetful Management
6. Metaphysical Management
7. Opportunity Management
8. Portfolio Management
9. Failure Management
10. Care Management
11. Passion Management
Importance of Success Factors by Various
“Gurus”/Biased Estimates by Tom Peters
Strategy Systems Passion Execution
Porter
50%
20
15
15
Drucker
35%
30
15
20
Bennis
25%
20
30
25
Peters
15%
20
35
30
Short Takes!
Tom Peters’
Re-imagine
Manifesto!
v09.14.2004
Tom Peters’ Re-imagine Manifesto!
New Delhi. Thirteen September 2004. I awoke, jetlagged and
sweaty, at 3A.M. I’d had a nightmare. Stark realism. I was, as
usual, accused of overstatement and a few (or more) too many
exclamation marks (!!!!!). Only this time I’d acceded to “They.”
The “They” who believe in The Plan and Built to Last and
Continuous Improvement and Quiet, Humble Leaders. No! No! I
had failed, in my dream, to live up to my Fervent Beliefs! This
must not pass! In a sweat, fearful that the time would not come
’round again, I turned on the light, picked up a pad of paper,
and began to scribble frantically. Herewith the result.
Tom’s Re-imagine Manifesto!
They say … my (Tom) language is extreme.
I say … the times are extreme.
They say I’m extreme.
I say I’m a realist.
They say I demand too much.
I say they accept mediocrity & continuous improvement too
readily.
They say “We can’t handle this much change.”
I say “Your job and career are in jeopardy; what other options do
you have?”
They say Brand You is not for everyone.
I say the alternative is unemployment.
They say “What’s wrong with a ‘good product’?”
I say Wal*Mart or China or both are about to eat your lunch. Why
can’t you provide instead a Fabulous Experience?
Tom’s Re-imagine Manifesto!
They say “Take a deep breath. Be calm.”
I say “Tell it to Wal*Mart. Tell it to China. Tell it to India. Tell it to
Dell. Tell it to Microsoft.”
They say the Web is a “useful tool.”
I say the Web changes everything. Now.
They say “We need an Initiative.”
I say “We need a Dream. And Dreamers.”
They say Great Design is “nice.”
I say Great Design is “necessary.”
They say I “overplay” the “women’s thing.”
I say the share of Women in Senior Leadership Positions is a
Waste and a Disgrace and a Strategic Marketing Error.
Tom’s Re-imagine Manifesto!
They say the Women’s Market Opportunity I harp on is “doubtless important.”
I say 9 out of 10, make that 99 out of 100, companies aren’t within striking
distance of accurately estimating the potential of the Women’s Market …
let alone exploiting it.
They say the boomer-geezer market is also “doubtless important.”
I say the boomer-geezer market amounts to a Redefining Moment.
They say we need a “project” to exploit the women-boomer-geezer market.
I say we need Total Strategic Realignment to exploit the Women-BoomerGeezer Opportunity.
They say “Wow” is “typical Tom.”
I say “WOW” is a Minimum Survival Requirement.
They say “effective governance” is important.
I say bold-brash Boards that are representative of the market served—more
than a token woman or two and an empty seat for the “forthcoming
Hispanic”—are an Imperative. Now.
Tom’s Re-imagine Manifesto!
They say “Plan it.”
I say “DO IT.”
They say “We need more steady, loyal employees.”
I say “WE NEED MORE FREAKS WHO ROUTINELY TELL THOSE ‘IN CHARGE’
TO TAKE A FLYING LEAP … BEFORE IT’S TOO LATE.”
They say “We need Good People.”
I say “We need Quirky Talent.”
They say “We like people who, with steely determination, say, “I can make
it better.’”
I say “I love people who, with a certain maniacal gleam in their eye, perhaps
even a giggle, say, ‘I can turn the world upside down. Watch me!’”
They say “We must speed things up.”
I say “We must Radically change the Corporate Metabolism until Insane
Urgency becomes a Sacrament.”
Tom’s Re-imagine Manifesto!
They say “Sure, we need ‘Change.’”
I say we need “REVOLUTION NOW.”
They say (acknowledge) “Okay, we need revolution.”
I say “REVOLUTION.”
They say “fast follower.”
I say “battered and bruised leader.”
They say “Conglomerate & Imitate!”
I say “Create & Innovate!”
They say “Market share.”
I say “Market CREATION.”
They say “Improve & Maintain.”
I say “DESTROY & RE-IMAGINE.”
Tom’s Re-imagine Manifesto!
They say “We like words such as ‘calm’ … ‘certainty’ … ‘is.’”
I say “I like words/phrases such as ‘turbulent’ ‘opportunity’ …
‘might be’.”
They vote for Republicans and Democrats.
I vote for Independents and Libertarians.
They say “Normal.”
I say “Weird.”
They say “Happy balance.”
I say “Creative Tension.”
They say they favor a “team” that works & lives in “harmony.”
I say “give me a raucous brawl among the most creative people
imaginable.”
They say “Peace, brother.”
I say “Bruise my feelings. Flatten my ego. SAVE MY JOB.”
Tom’s Re-imagine Manifesto!
They say “Vanilla.”
I say “Cherry Garcia.”
They say “Basic Black.”
I say “TECHNICOLOR RULES!”
They say “Branding is for the likes of Nike.”
I say “Branding is for Everyone & Anyone with the Passion &
Tenacity to foist their Wonderful & Weird Point of View on the
world … and the New World’s (read: Web’s) power allowsencourages such “silly” (until recently) visions-of-ubiquity to
become reality, perhaps overnight.”
They say we need “happy customers.”
I say “Give me pushy, needy, nasty, provocative customers
who will drag me down Innovation Boulevard.”
They say they want to partner with “best of breed.”
I say “Give me Coolest of Breed.”
Tom’s Re-imagine Manifesto!
They say we need “supply chain harmony.”
I say we need “supply chain Innovation.”
They say “We seek Harvard MBAs.”
I say I seek Certificate-free “PhDs” from the School of Hard
Knocks.
They say they want recruits with a “spotless records.”
I say “the Spots are what matter most.”
They say “Integrity is important.”
I say “Tell the Unvarnished Truth, All the Time … or take a Long
Hike.”
They read Jim Collins and grok on “quiet, humble leaders.”
I say “Give me the Bold, the Brash, the Brassy, the Egocentric
Dreamers who, like Steve Jobs, ‘Dent the Universe.’”
Tom’s Re-imagine Manifesto!
They say they need a “vision” born of McKinsey.
I say we need a “Grandiose Dream” born of a Passionate &
Intemperate Belief that the world can be a different, better
place.
They say healthcare, our biggest industry, is “a mess.”
I say our hospitals, which kill over 100,000 patients a year, are
part of a system that is “a disgrace.”
They say “obesity is a problem” … “lose some weight.”
I say Re-imagine the entire healthcare system … NOW … to
focus on Prevention & Wellness.
They say “no child left behind.”
I say “education” is leaving ALL our children behind, as it is
totally mis-aligned to deal with tomorrow’s (this afternoon’s)
uncertain, ambiguous, creativity-driven economy.
Tom’s Re-imagine Manifesto!
They say “Of course we believe in marketing.”
I say “Is the CMO [Chief Marketing Officer] on the Board of Directors?”
They say “Of course we believe in marketing.”
I say “Has your customer data base won numerous major industry awards?”
They say “Of course we believe in marketing.”
I say “Is your Web site Sooooo Cool, Sooooo Fresh, Sooooo Friendly to Use
that it gives you goose pimples just to e-visit, even though you’ve seen it
1000 times?”
They say “Of course we believe in marketing.”
I say “How many in-depth customer visits did the CEO make last month?”
They say “Yes, the ‘Women’s thing’ is important.”
I say “Do women hold at least 1/3rd of your Board seats?”
They say “We’re coming around on the design bit.”
I say “Is, as at Braun, your Chief Design Officer on the Board of Directors?”
Tom’ Re-imagine Manifesto!
They say “Of course we think the ‘experiences thing’ is
important.”
I say “Is there an ‘EVP Experiences’?”
They say “Of course innovation is important.”
I say “Is your percentage of revenue devoted to R & D at least
1.5 (2.0? 2.5?) times the industry average?”
They say “Of course we believe in IS/IT.”
I say “Is the CIO on the Board of Directors?” (Only 5% of Fortune500 CIOs
are on the Board. One example: Wal*Mart.)
They say “Of course we believe in IS/IT.”
I say “How many members of your Board are under 35
years old?”
They say “We believe in having a ‘flat organization.’”
I say “Is your headquarters in a Tower?”
They say “Improve.”
I say “Re-imagine!”
Tom’s Re-imagine Manifesto!
They say we need to “bring effectiveness to the supply chain.”
I say we need an IS/IT/Best Sourcing revolution based on
nothing less than an Entirely Original Vision of what
organizations are and how they interact.
They say “Globalization is a bumpy road.”
I say India and China and Asia in general are within two
decades of running the show: Get ready or get trounced.
They say “defense” and “consolidation” are musts for a global
game.
I say encourage Offense, nurture a Generation (or 10) of
Entrepreneurs, cherish Creativity & Risk-taking from primary
school onwards … and don’t expect to be saved by a bunch
of bulky, retro behemoths commanded by a phalanx of Old
White Guys who think 30 minutes a day on the corporate
treadmill and 27 holes on the links are a fit defense against
Revolution.
Tom’s Re-imagine Manifesto!
They say “Get an MBA.”
I say “Get an MFA.”
They say “If it can’t be precisely measured then it isn’t real.” (And I
suppose if it can be measured it is real? Think Enron? Adelphia? WorldCom?)
I say “If it can be precisely measured it isn’t real.” (Think Age of Intangibles
& Relationships.) (Think: “He knew the price of everything and the value of nothing.”)
They say “Rationality is the Bedrock of Modern Society.”
I say “Irrationality [irrational exuberance?] is the Mother of all True
Entrepreneurial Pilgrimages.”
They say “Order is the necessary precursor to measured,
sustainable success.”
I say “Dis-order is the precursor to Opportunistic Sorties, Market
Creation, Quantum Leaps, and Entrepreneurial Adventure.
Tom’s Re-imagine Manifesto!
They say “To get anywhere, you have to know exactly where the
hell you’re headed.”
I say “If you know precisely where you’re headed and exactly how
you’re gonna get there, then you clearly suffer from Advanced
Shrivelus Imaginationus.” (This disease is fatal.)
They say “Employees need Well-defined Structure.”
I say “Talent should be encouraged to embark on Quests to the
Unknown.”
They say “I’m here to maximize shareholder value.”
I say “I’m here to inflame each & every member of my Awesome
Staff to embark with Vigor & Determination & Passion &
Enthusiasm on a Quest of Monumental Consequence.” (And if I come
even close to succeeding, it will, in fact, dramatically up the odds of Thriving Amidst Today’s Chaos—and
creating untold shareholder value in the process.)
Tom’s Re-imagine Manifesto!
They say “men.”
I say “WOMEN.”
They say Diversity is a “good thing.”
I say Diversity is a Fresh Breath of Creative Air … Absolutely Necessary
for Economic Salvation in perilous times.
They say “Wait your turn, honor those who have marched these corridors
before you.”
I say Get Off Your Butt & Go for the Gold … TODAY … or sign the transfer
papers willing your job in perpetuity to a Chinese or Indian who Gives a
Shit and Gets Up (VERY) Early and works Saturdays & Sundays.
They say “offshoring” is a “blight.”
I say the Earth proved not to be the center of the Solar System … and the
USA is not the epicenter-in-perpetuity of the Earth … and that we had
best learn … NOW … to prosper and take pleasure in a dynamic,
exciting, creative, multi-polar economic environment. (Damn it.)
Tom’s Re-imagine Manifesto!
They say “It’s a fright.”
I say “It’s a Helluva Ride.”
They say it’s “daunting.”
I say it’s “a bronco-bustin’ day at the rodeo.”
They say “Life is a marathon; husband your strength.”
I say “Life is a sprint. Begin planning your World-beating Me Inc.
start-up … TODAY.”
They say lifetime employment was a boon.
I say lifetime employment was Indentured Servitude, modernday Slavery.
They say “safety net.”
I say “I am my safety net; give me the ‘Ownership Society.’”
I’m a lifelong Democrat.)
They say “zero defects.”
I say “A day without a screwup or two is a day pissed away.”
(And
Tom’s Re-imagine Manifesto!
They say “Think about it.”
I say “Try it.”
They say “Plan it.”
I say “Test it.”
They say “continuous improvement.”
I say “Bold Leaps.”
They say “Keep on Improvin’.”
I say “Keep on Leapin’.”
They say “Built to last.”
I say “Built to Soar. We’re all dead in the long run … live your
Insane Fantasy. Devil take the hindmost.”
They (Jim Collins) say “Walgreens is Cool.”
I say “I love Larry Ellison.” (Oracle rules … at least for the next ten minutes.)
Tom’s Re-imagine Manifesto!
They say “Play the odds.”
I say “Reward excellent failures. Punish mediocre successes.”
(Thanks, Phil Daniels.)
They say “Eighty-hour weeks will kill you.”
I say “Work 35-hour weeks, and the Chinese will kill you.”
They say “Install cost controls with teeth.”
I say “Ha. Ha. Ha. Blow Up the existing enterprise and start with
a Clean Sheet of Paper.”
They say “Install cost controls with teeth.”
I say “Grow the Top Line.”
They say “Radical change takes a decade.”
I say “Radical change takes a Minute.” (See AA.)
They say “Times are changing.”
I say “Everything has already changed. Tomorrow is the First
Day of Your Revolution … or you’re Toast.”
Tom’s Re-imagine Manifesto!
They say “We can’t all be Anita Roddick or Maxine Clark or
Stan Shih or Les Wexner or Jerry Yang.”
I say “Why not?”
They say “We can’t all be Revolutionaries.”
I say “Why not?”
They say “We can’t all be a Brand.”
I say “Why not?”
They say “Beware the Hype.”
I say “Been to China lately? Visited Infosys in Bangalore
lately?”
They say this is just a Rant.
I say this is just Reality.
They say “The man is not nice.”
I say “The times are not forgiving.”
Short Takes!
EXECUTIVE SUMMARY
Tom Peters’
Re-imagine!
Business Excellence in a
Disruptive Age
14October2003
“Uncertainty is the only thing
to be sure of. —Anthony Muh,
head of investment in Asia, Citigroup Asset Management
“If you don’t like change,
you’re going to like irrelevance
even less.” —General Eric Shinseki, Chief of Staff,
U. S. Army
Re-imagine!
Business Excellence in a
Disruptive Age
1. It is the foremost task—and
responsibility—of our generation to
re-imagine our enterprises and
institutions, public and private.
Re-imagine!
2. War-making, commerce, politics, and the
essential nature of human interchange have
come unglued. We are in a … Brawl with No
Rules. We have to make it up as we go along.
(Success = S.A.V. = Screw Around
Vigorously.) (Fail. Forward. Fast.)
Re-imagine!
3. Incrementalism is .. Out.
Destruction is … In. Built to last is
… Out. Built to flip is … In.
Re-imagine!
4. There is no higher priority than the Total
Transformation of all business practice to
eBusiness practice—encompassing every
element of the enterprise and every member
of its family of alliances and partners. The
Internet changes everything. Now.
Re-imagine!
5. Ninety percent of white-collar jobs
(90 percent of all jobs) as we know
them will be disemboweled in the
next 15 years.
Done. Gone. Kaput.
Re-imagine!
6. “Winners” (survivors!) will become de
facto bosses of Me Inc.
Free the Cubicle Slaves! Self-reliance
replaces corporate cosseting.
Hooray!
Re-imagine!
7. We must learn to add value through creativity,
by inventing Extraordinary Experiences …
which provide scintillating “solutions” to
customers’ oft unexpressed desires and
dreams. Out: Tangibles. In: Intangibles.
Re-imagine!
8. Design Rules … in an Age of
Experiences/ Dream Fulfillment.
Re-imagine!
9. Brand Value = All Value = Obeisance to
Metaphysical Management.
Re-imagine!
10. Women buy (ALL) the stuff. Re-imagine
the brand itself—and all business
practices—around women-aspurchasers.
Re-imagine!
11. Boomers & Geezers have (ALL) the
money. Pay attention!
Re-imagine!
12. Creative Enterprises demand … Awesome
(& Creative) Talent. Everywhere.
Re-imagine!
13. Women are … Tomorrow’s Leaders.
(Period.)
Re-imagine!
14. “Talent Development” rests upon Total
Re-imagining of our insipid schools.
Those who “color outside the box” and
“can’t sit still” are the New Heroes.
Re-imagine!
15. Weird Wins … in Weird Times.
(Innovation = Easy. Hang Out with
Weird = Get Weird.) (Q.E.D.)
Re-imagine!
16. Leading = Re-imagining = Unleashing
Passion in One & All. Winners … Pursue
Quests to Places as Yet Unimagined.
Leaders applaud their “followers’ ” Quirky
Bravery … and egg them on to ever more
wild & woolly experiments.
“Dream as if
you’ll live forever.
Live as if you’ll
die today.”
—James Dean
“In Tom’s world, it’s always
better to try a swan dive and
deliver a colossal belly flop
than to step timidly off the
board while holding your
nose.”—Fast Company /October2003
Short Takes!
The Re-imagineer’s Credo … or,
Pity the Poor Brown*
Technicolor Times demand …
Technicolor Leaders and Boards who recruit …
Technicolor People who are sent on …
Technicolor Quests to execute …
Technicolor (WOW!) Projects in partnership with …
Technicolor Customers and …
Technicolor Suppliers all of whom are in pursuit of …
Technicolor Goals and Aspirations fit for …
Technicolor Times.
*WSC
Short Takes!
Re-imagine!
OUTLINE
Tom Peters’
Re-Imagine!
Business Excellence
in a Disruptive Age
22October2004/Part 1
Summer 2004:
Not Your Father’s
World!
Biases.
Purpose.
I. NEW
BUSINESS.
NEW
CONTEXT.
1. Re-imagine
Everything: All
Bets Are Off.
Jobs
Technology
Globalization
War, Warfighting &
Security
2. Re-imagine
Permanence:
The Destruction
Mandate.
2A. Re-imagine
Tomorrow’s
Organizations:
Itinerant Potential
Machines.
2B. Yo, Jim Collins .
Or:
Tom’s Case for …
Technicolor!
II. NEW
BUSINESS.
NEW TECH.
3. Re-imagine IS/
IT/ the Web:
No Room for
Wimps!
3A. Re-imagine
IS/ IT/ the Web:
Direct!
4. Re-imagine
Jobs: The White
Collar
Bloodbath.
III. NEW
BUSINESS. NEW
VALUE
PROPOSITION.
5. Re-imagine the
Organization: The
Professional Service
Firm (“PSF”)
Imperative.
6. Re-imagine Business’
Basic Value Proposition:
PSFs Unbound/ The
“Solutions Imperative.”
6A. Re-imagine
Organizational
Barriers: The
Solutions25.*
*NO MORE “SILOS.” NO MORE
“STOVEPIPES.”
IV. NEW
BUSINESS. NEW
BRAND.
7. Re-imagine
Enterprise as
Theater I: A World
of Scintillating
“Experiences.”
8. Re-imagine
Enterprise as
Theater II:
Embracing the
“Dream Business.”
9. Re-imagine the
“Soul” of Enterprise:
Design Rules!
9A. Re-imagine the
Infrastructure of
Enterprise: Design =
“Beautiful” Systems.
10. Re-imagine the
Fundamental Selling
Proposition: “It” all
adds up to …
THE BRAND.
10A. Re-imagine 2004:
“Excellence” Found!
V. NEW
BUSINESS.
NEW
MARKETS.
11. Re-imagine the
Customer I: Trends Worth
Trillion$$$ …
Women Roar.
12. Re-imagine the
Customer II: Trends Worth
Boomer
Bonanza/ Godzilla
Geezer.
Trillion$$$ …
VI. NEW
BUSINESS. NEW
WORK.
13. Re-imagine
Work: The
WOW Project.
(Or Bust.)
14. Re-imagine
Implementation I:
The F4 Recipe.*
*Find a Fellow Freak Far away
14A. Re-imagine
Implementation II:
Getting to WOW
Through Mastery of …
The Sales
25.
14B. Re-imagine
Implementation III:
Getting Things Done …
The Power
& Implementation34.
15. Re-imagine Boss
Work I: Start a WOW
Projects Epidemic!
Emphasize … Demos,
Heroes, Stories!
15A. Re-imagine Boss
Work II: Send Them on
Quests!
VII. NEW
BUSINESS. NEW
YOU.
16. Re-imagine the
Individual: Welcome
to a Brand You
World … Distinct or
Extinct
17. Re-imagine
Excellence I: The
Talent
Obsession.
17A. ADDENDA to Re-imagine
Excellence: Tom Peters’
The
Talent50
17B. Re-imagine
Excellence II: Meet the
New Boss … Women
Rule!
VIII. NEW
BUSINESS. NEW
BEDROCK.
18. Re-imagine
Education.*
*Or perish
New Work. New World.
New Education. The
Three Must Meet.
19. Re-imagine
Healthcare
Healthcare
Tsunami
HealthCare
21
HealthCare
2
IX. NEW BUSINESS.
(NEW) BRAND
INSIDE RULES
20. Re-imagine the
Roots of Innovation:
THINK WEIRD … the
High Value Added
Bedrock.
X. NEW BUSINESS.
NEW LEADERSHIP.
21. Re-imagine Leadership
for Totally Screwed-Up
Times:
The Passion
Imperative.
The Passion Imperative:
The
Leadership
50
XI. NEW
BUSINESS. NEW
RULES.
22. A Re-imagineer’s
Credo: Tom’s
60TIBs*
*TIB = This I Believe
23. Tom’s
Re-imagine
Manifesto!
Boil It Down!
Parting Words
HTSH*
*Hands That Shape Humanity, a project of the Bishop
Desmond Tutu Foundation
Short Takes!
Ex2004:
Excellence Found!
Tom Peters
09.24.2004
And the Winner is …
1. Audacity of Vision
2. Innovation/R&D/Design
3. Talent Acquisition & Development
4. Resultant “Experience”
5. Strategic Alliances
6. Operations
7. Financial Management
8. Overall/Sustaining Excellence
9. “Wow!”
Cirque du
Soleil!
Cirque du Soleil: Talent (12 full-time
scouts, database of 20,000). R&D (40% of
profits; 2X avg corp). Controls (shows are
profit centers; partners like Disney offset costs;
$100M on $500M).
Scarcity builds
buzz/brand (1 new show per year. “People
tell me we’re leaving money on the table by not
duplicating our shows. They’re right.”—Daniel
Lamarre, president).
Source: “The Phantasmagoria Factory”/Business 2.0/1-2.2004
Ex2004
Cirque du Soleil
Infosys
Build-A-Bear
Griffin Health Services
Corporation
Infosys/Planet-warping Aspirations …
“By making the Global Delivery Model both legitimate and mainstream, we
have brought the battle to our territory. That is, after all, the purpose of
strategy. We have become the leaders, and incumbents [IBM, Accenture] are
followers, forever playing catch-up. … However, creating a new business
innovation is not enough for rules to be changed. The innovation must impact
clients, competitors, investors, and society. We have seen all this in spades.
Clients have embraced the model and are demanding it in even greater
measure. The acuteness of their circumstance, coupled with the capability
and value of our solution, has made the choice not a choice. Competitors
have been dragged kicking and screaming to replicate what we do. They face
trauma and disruption, but the game has changed forever. Investors have
grasped that this is not a passing fancy, but a potential restructuring of the
way the world operates and how value will be created in the future.”
—Narayana Murthy, chairman’s letter, Infosys Annual Report 2003
Build-A-Bear
--1997 to 2004: $0 to $300M
--Maxine Clark/CEO (25 yrs May Dept Stores)
--Build-A-Bear Workshops
--Engagement! (“Where Best Friends Are Made”)
--Theater!
--http://www.buildabear.com/buildaparty
Best Web Site?
buildabear.com
Griffin Health Services
Corporation/
Griffin Hospital/
Planetree Alliance
“It was the goal of the
Planetree Unit to help
patients not only get well
faster but also to stay well
longer.” —Putting Patients First, Susan Frampton,
Laura Gilpin, Patrick Charmel
“Those of us working in healthcare have an obligation
to be of service in this world, to be bringers of light and
hope. Our work is spiritual by its nature, as the
Planetree model has acknowledged for decades.”
“Our definition of spirituality is coming into a right
relationship with all that is, establishing a loving,
nurturing, caring relationship. Planetree’s has been to
refocus our attention on the power of relationships,
and, in particular, the mind-body-spirit relationship
essential to healing. It has opened a door that will
never be closed.” —Leland Kaiser, “Holistic Hospitals”
Source: Putting Patients First, Susan Frampton, Laura Gilpin, Patrick Charmel
The 9 Planetree Practices
1. The Importance of Human Interaction
2. Informing and Empowering Diverse Populations: Consumer
Health Libraries and Patient Information
3. Healing Partnerships: The importance of Including Friends
and Family
4. Nutrition: The Nurturing Aspect of Food
5. Spirituality: Inner Resources for Healing
6. Human Touch: The Essentials of Communicating
Caring Through Massage
7. Healing Arts: Nutrition for the Soul
8. Integrating Complementary and Alternative Practices
into Conventional Care
9. Healing Environments: Architecture and Design Conducive
to Health
Source: Putting Patients First, Susan Frampton, Laura Gilpin, Patrick Charmel
“Planetree is about
human beings caring
for other human
beings.” —Putting Patients First, Susan
Frampton, Laura Gilpin, Patrick Charmel (“Ladies and
gentlemen serving ladies and gentlemen”—4S credo)
Short Takes!
Tom Peters Squares Off with
Jim Collins. Or:
The Case for …
Technicolor!
Tom Peters/03.16.2004
“intrepid, unprincipled,
reckless, predatory, with
boundless ambition,
civilized in externals but
a savage at heart.”
Herman Melville on JPJ:
“intrepid, unprincipled,
reckless, predatory, with
boundless ambition,
civilized in externals but a
savage at heart.” —from Evan
Thomas, John Paul Jones: Sailor, Hero, Father
of the American Navy
Huh?
“Humility: The Surprise Factor in
Leadership … bosses with Gungho Qualities and Charisma May Be
Out of Fashion” —Headline/FT/
re JCollins/10.03
Jim & Tom.
Joined at the
hip.
Not.
I. Good to Great
II. Built to Last
III. Quiet, Humble Leaders
I. Good to Great
II. Built to Last
III. Quiet, Humble Leaders
Good to Great: Fannie Mae …
Kroger … Walgreens … Philip
Morris … Pitney Bowes … Abbott
… Kimberly-Clark … Wells Fargo
Good to Great: Fannie Mae …
Kroger … Walgreens … Philip
Morris … Pitney Bowes … Abbott
… Kimberly-Clark … Wells Fargo
Good to Great: “Fannie Mae and
Freddie Mac receive as much as
$164 billion in implicit federal
subsidies but have done little to
increase home ownership or
reduce the cost of home loans,
according to a draft study by the
Federal Reserve.” —New York Times/12.23.03
(Average rate reduction is 7 basis points, or .07%)
SET
THE AGENDA.
Great Companies …
(Period.)
AGENDA SETTERS: “Set the Table”/
Pioneers/ Questors/ Adventurers
US Steel … Ford … Macy’s … Sears …
Litton Industries … ITT … The Gap …
Limited … Wal*Mart … P&G … 3M …
Intel … IBM … Apple … Nokia … Cisco
… Dell … MCI … Sun … Oracle …
Microsoft … Enron … Schwab … GE …
Southwest … Laker …People Express
… Ogilvy … Chiat/Day … Virgin … eBay
… Amazon … Sony … BMW … CNN …
T & B: Atari, DEC, WANG?
J vs. T: HP/CarlyF?
I. Good to Great
II. Built to Last
III. Quiet, Humble Leaders
Built to Last v. Built to Flip
“The problem with Built to Last is that it’s a
romantic notion. Large companies are
incapable of ongoing innovation, of
ongoing flexibility.”
“Increasingly, successful businesses will
be ephemeral. They will be built to yield
something of value – and once that value
has been exhausted, they will vanish.”
Fast Company
Warren Bennis & Patricia Ward Biederman/
Great
Groups Don’t
Last Very Long!
Organizing Genius:
W.A. Mozart
1756 – 1791
HE CHANGED THE WORLD
AND
ENRICHED HUMANITY
“We are in a
brawl with no
rules.”
Paul Allaire
Forbes100 from 1917 to 1987: 39
members of the Class of ’17 were alive
in ’87; 18 in ’87 F100; 18 F100
“survivors” underperformed the market
by 20%; just 2 (2%), GE & Kodak,
outperformed the market 1917 to 1987.
S&P 500 from 1957 to 1997: 74 members of the Class of ’57 were
alive in ’97; 12 (2.4%) of 500 outperformed the market from 1957
to 1997.
Source: Dick Foster & Sarah Kaplan, Creative Destruction: Why
Companies That Are Built to Last Underperform the Market
“The difficulties … arise from the inherent conflict
between the need to control existing operations and
the need to create the kind of environment that will
permit new ideas to flourish—and old ones to die a
timely death. … We believe that most
corporations will find it impossible to
match or outperform the market without
abandoning the assumption of continuity.
… The current apocalypse—the transition from a state
of continuity to state of discontinuity—has the same
suddenness [as the trauma that beset civilization in
1000 A.D.]”
Richard Foster & Sarah Kaplan, “Creative Destruction” (The McKinsey Quarterly)
Rate of Leaving F500
1970-1990:
Source: The Company, John Micklethwait & Adrian
Wooldridge (1974-200: One-half biggest 100 disappear)
“The corporation as we know it,
which is now 120 years old, is
not likely to survive the
next 25 years. Legally and
financially, yes, but not
structurally and economically.”
Peter Drucker, Business 2.0
“But what if [former head of strategic planning
at Royal Dutch Shell] Arie De Geus is wrong in
suggesting, in The Living Company, that firms
should aspire to live forever? Greatness is
fleeting and, for corporations, it will become
ever more fleeting. The ultimate aim of a
business organization, an artist, an athlete or a
stockbroker may be to explode in a dramatic
frenzy of value creation during a short
space of time, rather than to live forever.”
Kjell Nordström and Jonas Ridderstråle,
Funky Business
Jane Jacobs:
Exuberant
Variety vs. the Great Blight of Dullness.
F.A. Hayek: Spontaneous
Discovery Process.
Joseph Schumpeter: the Gales of
Creative Destruction.
I. Good to Great
II. Built to Last
III. Quiet, Humble Leaders
Huh?
“Quiet, workmanlike, stoic
leaders bring about the big
transformations.”--JC
Huh?
“Humility: The Surprise Factor in
Leadership … bosses with Gungho Qualities and Charisma May Be
Out of Fashion” —Headline/FT/
re JCollins/10.03 (TP: scribble: “Nelson, Wellington,
Montgomery, Disraeli, Churchill, Thatcher”)
Wellington
Nelson
Disraeli
Churchill
Montgomery
Thatcher
“Humble” Pastels?
T. Paine/P. Henry/A. Hamilton/T. Jefferson/B. Franklin
A. Lincoln/U.S. Grant/W.T. Sherman
TR/FDR/LBJ/RR/JFK
Patton/Monty/Halsey
M.L. King/C. de Gaulle/M. Gandhi/W. Churchill
Picasso/Mozart/Copernicus/Newton/Einstein/Djarassi/Watson
H. Clinton/G. Steinem/I. Gandhi/G. Mieir/M. Thatcher
E. Shockley/A. Grove/J. Welch/L. Gerstner/L. Ellison/B. Gates/
S. Jobs/S. McNealy/T. Turner/R. Murdoch/W. Wriston
A. Carnegie/J.P. Morgan/H. Ford/S. Honda/J.D. Rockefeller/
T.A. Edison
Rummy/Norm/Henry/Wolfie
Elizabeth Cady Stanton/Susan B. Anthony/Martha Cary
Thomas/Carrie Chapman Catt/Alice Paul/Anna Elizabeth
Dickinson/Arabella Babb Mansfield/Margaret Sanger
“You can’t behave in a calm,
rational manner. You’ve got to
be out there on the lunatic
fringe.” — Jack Welch,
on GE’s quality program
“When it comes to transformative technologies,
overoptimistic investors are actually working for the
common good—even if they don’t know it. We can be
glad that investors financed the construction of
thousands of miles of track in the middle of the
nineteenth century, despite the fact that most of
them dropped a bundle doing it. The same goes for
over-optimistic investors who poured money into
semiconductors thirty years ago, financed undersea
fiber-optic cables in the late nineties, and now
are poised to lose their shirts in the coming
nanobubble. In the dreams of avarice lie the seeds of
progress.” —James Surowiecki/New Yorker/03.2004
“the wildest
chimera of a
moonstruck
mind”
—The Federalist on
Jefferson’s Louisiana Purchase
“Roosevelt’s duplicity, Churchill’s
self-absorption” … “We are all
worms. But I do believe that I am a
glow-worm.” (WSC) … “Imperial
and bold” [WSC and TR] …
“arrogance and instability” …
“rough, sarcastic, bullying”
Source: Jon Meacham, Franklin and Winston, et al.
“a vainglorious selfpromoter spoiling for
a fight”
—Arthur Koestler on Galileo
“In my experience,
all successful
commanders are
prima donnas,
and must be so
treated.” —George S. Patton
Herman Melville on JPJ:
“intrepid, unprincipled,
reckless, predatory, with
boundless ambition,
civilized in externals but a
savage at heart.” —from Evan
Thomas, John Paul Jones: Sailor, Hero, Father
of the American Navy
Audie Murphy was the most
decorated soldier in WW2.
He won every medal we had
to offer, plus 5 presented by
Belgium and France. There
was one common medal he
never won …
… the Good
Conduct medal.
“Men with no vices
have very few
virtues.” —A. Lincoln
Jim Collins vs. Michael Maccoby
“quiet, workmanlike, stoic”
vs.
“larger-than-life leaders”/ “egoists,
charmers, risk-takers with big
visions”: Carnegie, Rockefeller,
Edison, Ford, Welch, Jobs, Gates
“In Tom’s world, it’s
always better to try a swan
dive and deliver a
colossal belly flop than to
step timidly off the
board while holding your
nose.” —Fast Company /October2003
The Re-imagineer’s Credo … or,
Pity the Poor Brown*
Technicolor Times demand …
Technicolor Leaders and Boards who recruit …
Technicolor People who are sent on …
Technicolor Quests to execute …
Technicolor (WOW!) Projects in partnership with …
Technicolor Customers and …
Technicolor Suppliers all of whom are in pursuit of …
Technicolor Goals and Aspirations fit for …
Technicolor Times.
*WSC
“In Italy for 30 years under the Borgias
they had warfare, terror, murder,
bloodshed—and produced
Michelangelo, da Vinci and the
Renaissance. In Switzerland they had
brotherly love, 500 years of democracy
and peace, and what did they
produce—the cuckoo clock.”
Orson Welles, as Harry Lime, in “The Third Man”
Short Takes!
New Economy.
New Biz Degrees.
Tom Peters/10.16.2004
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MFA (Master of Fine Arts)
MMM1 (Master of Metaphysical Management)
MMM2/MM (Master of Metabolic Management, or
Master of Madness)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
G/GWGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
MBA
“Good management was the
most powerful reason [leading
firms] failed to stay atop their
industries. Precisely because these firms
listened to their customers, invested aggressively in
technologies that would provide their customers more
and better products of the sort they wanted, and
because they carefully studied market trends and
systematically allocated investment capital to
innovations that promised the best returns, they lost
their positions of leadership.”
Clayton Christensen, The Innovator’s Dilemma
“Ninety percent of what
we call ‘management’
consists of making it
difficult for people to
get things done.” – Peter Drucker
“Never mind your
happiness; do your
duty.” —Peter Drucker
(BrainyQuote.com)
Hardball: Are You Playing to Play or Playing to Win? by
George Stalk & Rob Lachenauer/HBS Press
“The winners in business have always played hardball.”
“Unleash massive and overwhelming force.” “Exploit
anomalies.” “Threaten your competitor’s profit sanctuaries.”
“Entice your competitor into retreat.”
Approximately 640 Index entries: Customer/s (service,
retention, loyalty),
4.
People (employees, motivation, morale, worker/s), 0.
Innovation (product development, research & development, new products), 0.
“When asked to name just one big merger
that had lived up to expectations, Leon
Cooperman, former cochairman of
Goldman Sachs’ Investment Policy
I’m sure
there are success stories
out there, but at this
moment I draw a blank.”
Committee, answered:
Mark Sirower, The Synergy Trap
15 “Leading” Biz Schools
Design/Core: 0
Design/Elective: 1
Creativity/Core: 0
Creativity/Elective: 4
Innovation/Core: 0
Innovation/Elective: 6
Source: DMI/Summer 2002
“There is little evidence that
mastery of the knowledge
acquired in business schools
enhances people’s careers, or
that even attaining the MBA
credential itself has much effect
on graduates’ salaries or career
attainment.” —Jeffrey Pfeffer (tenured professor,
Stanford GSB/2004)
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MFA (Master of Fine Arts)
MMM1 (Master of Metaphysical Management)
MMM2/MM (Master of Metabolic Management, or
Master of Madness)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
G/GWGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
MFA
(Master of Fine Arts)
“The past few decades have belonged to a certain kind
of person with a certain kind of mind—computer
programmers who could crank code, lawyers who
could craft contracts, MBAs who could crunch
numbers. But the keys to the kingdom are changing
hands. The future belongs to a very different kind of
person with a very different kind of mind—creators
and empathizers, pattern recognizers and meaning
makers. These people—artists, inventors, designers,
storytellers, caregivers, consolers, big picture
thinkers—will now reap society’s richest rewards and
share its greatest joys.” —Dan Pink, A Whole New Mind
Agriculture Age (farmers)
Industrial Age (factory workers)
Information Age (knowledge workers)
Conceptual Age (creators and
empathizers)
Source: Dan Pink, A Whole New Mind
“The MFA is
the new
MBA.”
—Dan Pink, A Whole New
Mind
“Having spent a century or more focused on other
goals—solving manufacturing problems, lowering
costs, making goods and services widely available,
increasing convenience, saving energy—we are
increasingly engaged in making our world special.
More people in more aspects of life are drawing
pleasure and meaning from the way their persons,
places and things look and feel. Whenever we have the
chance, we’re adding sensory, emotional appeal to
ordinary function.” — Virginia Postrel, The Substance of Style: How
the Rise of Aesthetic Value Is Remaking Commerce, Culture and
Consciousness
All Equal Except …
“At Sony we assume that all products of
our competitors have basically the same
technology, price, performance and
Design is the only
thing that differentiates one
product from another in the
marketplace.”
features.
Norio Ohga
“We don’t have a good language to talk
about this kind of thing. In most people’s
vocabularies, design means veneer. … But
to me, nothing could be further from the
Design is
the fundamental soul
meaning of design.
of a man-made creation.”
Steve Jobs
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MFA (Master of Fine Arts)
MMM1 (Master of Metaphysical Management)
MMM2/MM (Master of Metabolic Management, or
Master of Madness)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
G/GWGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
MMM
1
(Master of Metaphysical Management)
“We’re now entering a new phase of
business where the group will be a
franchising and management company
where brand management is central.” —David
Webster, Chairman, InterContinental Hotels Group
“InterContinental will now have far more to
do with brand ownership than hotel
ownership.” —James Dawson of Charles Stanley (brokerage)
Source: International Herald Tribune, 09.16, on the sacking of CEO Richard North,
whose entire background is in finance
Ford: “Vehicle
brand
owner” (“design, engineer, and
market, but not actually make”)
Source: The Company, John Micklethwait & Adrian Wooldridge
“Experiences are as
distinct from services
as services are from
goods.”
Joseph Pine & James Gilmore, The Experience Economy:
Work Is Theatre & Every Business a Stage
“Club Med
is more
than just a ‘resort’; it’s a
means of rediscovering
oneself, of inventing an
entirely new ‘me.’ ”
Source: Jean-Marie Dru, Disruption
“The [Starbucks] Fix” Is on …
“We have identified a ‘third
place.’ And I really believe that
sets us apart. The third place is
that place that’s not work or
home. It’s the place our
customers come for refuge.”
Nancy Orsolini, District Manager
“With its carefully conceived mix of colors and
textures, aromas and music, Starbucks is more
indicative of our era than the iMac. It is to the Age of
Aesthetics what McDonald’s was to the Age of
Convenience or Ford was to the Age of Mass
Production—the touchstone success story, the
exemplar of all that is good and bad about the
aesthetic imperative. … ‘Every Starbucks store is
carefully designed to enhance the quality of everything
the customers see, touch, hear, smell or taste,’ writes
CEO Howard Schultz.” —Virginia Postrel, The Substance of Style:
How the Rise of Aesthetic Value Is Remaking Commerce, Culture and
Consciousness
Experience: “Rebel Lifestyle!”
“What we sell is the ability for
a 43-year-old accountant to
dress in black leather, ride
through small towns and have
people be afraid of him.”
Harley exec, quoted in Results-Based Leadership
“I see us as being in
the art business. Art,
entertainment and mobile
sculpture, which,
coincidentally, also
happens to provide
transportation.”
Bob Lutz:
Source: NYT 10.19.01
WHAT CAN BROWN DO FOR YOU?
“By making the Global Delivery Model both legitimate and
mainstream, we have brought the battle to our territory. That is,
after all, the purpose of strategy. We have become the leaders,
and incumbents [IBM, Accenture] are followers, forever playing
catch-up. … However, creating a new business innovation is not
enough for rules to be changed. The innovation must impact
clients, competitors, investors, and society. We have seen all
this in spades. Clients have embraced the model and are
demanding it in even greater measure. The acuteness of their
circumstance, coupled with the capability and value of our
solution, has made the choice not a choice. Competitors have
been dragged kicking and screaming to replicate what we do.
They face trauma and disruption, but the game has changed
forever. Investors have grasped that this is not a passing fancy,
but a potential restructuring of the way the world operates and
how value will be created in the future.”
—Narayana Murthy, chairman’s letter, Infosys Annual Report 2003
DREAM: “A dream is a complete
moment in the life of a client.
Important experiences that tempt
the client to commit substantial
resources. The essence of the
desires of the consumer. The
opportunity to help clients become
what they want to be.” —Gian Luigi
Longinotti-Buitoni
Six Market Profiles
1. Adventures for Sale
2. The Market for Togetherness, Friendship
and Love
3. The Market for Care
4. The Who-Am-I Market
5. The Market for Peace of Mind
6. The Market for Convictions
Rolf Jensen/The Dream Society: How the Coming Shift from
Information to Imagination Will Transform Your Business
Furniture vs. Dreams
“We do not sell ‘furniture’ at Domain. We
sell dreams. This is accomplished by
addressing the half-formed needs in our
customers’ heads. By uncovering these
needs, we, in essence, fill in the blanks. We
convert ‘needs’ into ‘dreams.’ Sales are the
inevitable result.”
— Judy George, Domain Home Fashions
“The Ritz-Carlton
experience enlivens the
senses, instills wellbeing, and fulfills even
the unexpressed wishes
and needs of our guests.”
— from the Ritz-Carlton Credo
“Most executives have no
idea how to add value to a
market in the metaphysical
world. But that is what the market
will cry out for in the future. There
is no lack of ‘physical’ products to
choose between.”
Jesper Kunde, Unique Now ... or Never [on the
excellence of Nokia, Nike, Lego, Virgin et al.]
“The sun is setting on the Information Society—even before we
have fully adjusted to its demands as individuals and as
companies. We have lived as hunters and as farmers, we have
worked in factories and now we live in an information-based
We stand
facing the fifth kind of society: the
Dream Society. … The Dream Society is emerging
society whose icon is the computer.
this very instant—the shape of the future is visible today. Right
now is the time for decisions—before the major portion of
consumer purchases are made for emotional, nonmaterialistic
reasons. Future products will have to appeal to our hearts, not to
our heads. Now is the time to add emotional value to products
and services.” —Rolf Jensen/The Dream Society:How the Coming Shift from
Information to Imagination Will Transform Your Business
“We are in the twilight of a society based on data. As
information and intelligence become the domain of
computers, society will place more value on the one
human ability that cannot be automated: emotion.
Imagination, myth, ritual - the language of emotion will affect everything from our purchasing decisions
Companies will
thrive on the basis of their stories
and myths. Companies will need to understand
to how we work with others.
that their products are less important than
their stories.”
Rolf Jensen, Copenhagen Institute for Future Studies
Market Power =
Story Power
Brand = Story
Story > Brand
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MFA (Master of Fine Arts)
MMM1 (Master of Metaphysical Management)
MMM2/MM (Master of Metabolic Management, or
Master of Madness)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
G/GWGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
MMM /MM
2
(Master of Metabolic Management/Master of Madness)
“The organizations we created have
become tyrants. They have taken
control, holding us fettered, creating
barriers that hinder rather than help
our businesses. The lines that we
drew on our neat organizational
diagrams have turned into walls
that no one can scale or penetrate
or even peer over.” —Frank Lekanne Deprez &
René Tissen, Zero Space: Moving Beyond Organizational Limits.
“This is a dangerous world and
it is going to become more dangerous.”
“We may not be
interested in chaos but
chaos is interested
in us.”
Source: Robert Cooper, The Breaking of Nations:
Order and Chaos in the Twenty-first Century
“We are in a
brawl with no
rules.”
Paul Allaire
“How we feel about the evolving future tells us who we
are as individuals and as a civilization: Do we search
for stasis—a regulated, engineered world? Or do we
embrace dynamism—a world of constant creation,
discovery and competition? Do we value stability and
control? Or evolution and learning? Do we think that
progress requires a central blueprint? Or do we see it
as a decentralized, evolutionary process? Do we see
mistakes as permanent disasters? Or the correctable
byproducts of experimentation? Do we crave
predictability? Or relish surprise? These two poles,
stasis and dynamism, increasingly define our political,
intellectual and cultural landscape.” —Virginia Postrel,
The Future and Its Enemies
“Strategy meetings held once
or twice a year” to “Strategy
meetings needed several
times a week”
Source: New York Times on Meg Whitman/eBay
“Don’t own nothin’
if you can help it.
If you can, rent
your shoes.”
F.G.
“Organizations will still
be critically important in
the world, but as
‘organizers,’ not
‘employers’!” — Charles Handy
07.04/TP In Nagano …
Revenue: $10B
FTE: 1*
*Maybe
“Ebusiness is about rebuilding
the organization from the
ground up. Most companies today
are not built to exploit the Internet.
Their business processes, their
approvals, their hierarchies, the
number of people they employ … all of
that is wrong for running an
ebusiness.”
Ray Lane, Kleiner Perkins
Fail.
Forward.
Fast.
–High-tech Exec
“I’m not comfortable
unless
I’m uncomfortable.”
—Jay
Chiat
“If things seem
under control,
you’re just not
going
fast enough.”
Mario Andretti
“Blitzkrieg is far more than lightning
thrusts that most people think of
when they hear the term; rather it was
all about high operational tempo
and the rapid exploitation of
opportunity.”/ “Arrange the mind of
the enemy.”—T.E. Lawrence/
“Float like a butterfly, sting like a
bee.”—Ali
BOYD: The Fighter Pilot Who Changed
the Art of War (Robert Coram)
“Maneuverists”
BOYD: The Fighter Pilot Who
Changed the Art of War (Robert Coram)
“If it works,
it’s obsolete.”
—Marshall McLuhan
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MFA (Master of Fine Arts)
MMM1 (Master of Metaphysical Management)
MMM2/MM (Master of Metabolic Management, or
Master of Madness)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
G/GWGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
MGLF
(Master of Great Leaps Forward)
“A focus on cost-cutting and
efficiency has helped many
organizations weather the downturn,
but this approach will ultimately
render them obsolete. Only the
constant pursuit of innovation can
ensure long-term success.” —Daniel Muzyka,
Dean, Sauder School of Business, Univ of British Columbia (FT/09.17.04)
Forbes100 from 1917 to 1987: 39
members of the Class of ’17 were alive
in ’87; 18 in ’87 F100; 18 F100
“survivors” underperformed the market
by 20%; just 2 (2%), GE & Kodak,
outperformed the market 1917 to 1987.
S&P 500 from 1957 to 1997: 74 members of the Class of ’57 were
alive in ’97; 12 (2.4%) of 500 outperformed the market from 1957
to 1997.
Source: Dick Foster & Sarah Kaplan, Creative Destruction: Why
Companies That Are Built to Last Underperform the Market
BUILT TO … DETERIORATE!
“When it comes to investing, I am old school. Buy a good stock, stick it in
the drawer and when you check back years later the stock should be
worth more. There’s only one problem. When I checked the drawer
recently it was full of clunkers, including Lucent, down 94 percent from its
1999 high. Maybe once upon a time buy and hold was a viable strategy.
Today, it no longer makes sense.”—Charles Stein/ “Investment Strategies
Must Shift with Realities”/Boston Globe/10.10.04
A sample of Stein’s “Blue Chip-turned-clunker” examples: Fannie Mae
(featured in Collins’ Good to Great). Coke. (“Clunker,” make that “Stinker.”)
Merck. (The mightiest fall—stock down 63 percent since 2000; tumble
preceded Vioxx) Uh … Microsoft. (“Microsoft’s stock price is no higher
today than it was in 1998.”)
“It is not clear there is such a thing as a ‘Blue Chip,’” Shawn Kravetz,
president of Boston-based hedge fund Esplanade Capital, told Stein.
“Kravetz’s point is a serious one,” Stein continues. “Greatness is not
permanent. … This process of creative destruction isn’t new. But with the
world moving ever faster, and with competition on steroids, the quaint
notion of buying and holding is hopelessly out of step.”
“The corporation as we know it,
which is now 120 years old, is
not likely to survive the
next 25 years. Legally and
financially, yes, but not
structurally and economically.”
Peter Drucker, Business 2.0
No Wiggle Room!
“Incrementalism
is innovation’s
worst enemy.”
Nicholas Negroponte
Forget>“Learn”
“The problem is never how
to get new, innovative
thoughts into your mind,
but how to get the old
ones out.”
Dee Hock
Just Say No …
“I don’t intend to be
known as the ‘King of
the Tinkerers.’ ”
CEO, large financial services company
“To grow, companies need
to break out of a vicious
cycle of competitive
benchmarking and
imitation.” —W. Chan Kim & René Mauborgne,
“Think for Yourself —Stop Copying a Rival,” Financial
Times/08.11.03
“Beware of the
tyranny of making
Small Changes
to Small Things.
Rather, make Big
Changes to Big
Things.”
—Roger Enrico, former Chairman, PepsiCo
“This is an essay about what it takes to create and sell something
remarkable. It is a plea for originality, passion, guts and daring. You can’t be
remarkable by following someone else who’s remarkable. One way to figure
out a theory is to look at what’s working in the real world and determine what
the successes have in common. But what could the Four Seasons and Motel
6 possibly have in common? Or Neiman-Marcus and Wal*Mart? Or Nokia
(bringing out new hardware every 30 days or so) and Nintendo (marketing
the same Game Boy 14 years in a row)? It’s like trying to drive looking in the
The thing that all these companies
have in common is that they have nothing in
common. They are outliers. They’re on the fringes. Superfast or
rearview mirror.
superslow. Very exclusive or very cheap. Extremely big or extremely small.
The reason it’s so hard to follow the leader is this: The leader is the leader
precisely because he did something remarkable. And that remarkable thing
is now taken—so it’s no longer remarkable when you decide to do it.” —Seth
Godin, Fast Company/02.2003
“Wealth in this new regime flows
directly from innovation, not
optimization. That is, wealth is not
gained by perfecting the known,
but by imperfectly seizing the
unknown.”
Kevin Kelly, New Rules for the New Economy
Re-imagine General Electric
“Welch was to a large degree a growth by acquisition
man. ‘In the late ’90s,’ Immelt says, ‘we became
business traders, not business growers. Today organic
growth is absolutely the biggest task of everyone of
our companies. If we don’t hit our organic growth
targets, people are not going to get paid.’ … Immelt
has staked GE’s future growth on the force
that guided the company at it’s birth and
for much of its history: breathtaking,
mind-blowing, world-rattling technological
innovation.” —“GE Sees the Light”/Business 2.0/July 2004
“Acquisitions are about
buying market share. Our
challenge is to
create markets.
There is a big difference.”
Peter Job, CEO, Reuters
Bottom line: No promotion to senior levels of public or private
enterprise should ever again be granted to anyone who does not
present a CV saturated by a clear and compelling demonstration of
sustained commitment to Radical Change. Do we wish for “good
strategists”? Why not! But the heart of the matter goes far beyond
any plan, no matter how brilliant. The heart of the matter is Heart &
Will ... a record of upsetting apple carts, dislodging
“establishments,” and fundamentally altering deep-rooted
“cultures” to embrace change of the most primal sort. I titled my
most recent book Re-imagine! Business Excellence in a Disruptive
Age. “Excellence” in a “disruptive age” is not excellence amidst
placid waters. The notion of excellence itself changes ...
dramatically. We need our public and private Churchills, leaders
who can re-imagine, who can call forth wellsprings of daring and
guts and spirit and spunk, from one and all, to topple the way
things may have been for many generations—and who inspire us
to venture forth into today’s and tomorrow’s whitewaters with
insouciance and bravado and determination.
Kevin Roberts’ Credo
1. Ready. Fire! Aim.
2. If it ain’t broke ... Break it!
3. Hire crazies.
4. Ask dumb questions.
5. Pursue failure.
6. Lead, follow ... or get out of the way!
7. Spread confusion.
8. Ditch your office.
9. Read odd stuff.
10. Avoid moderation!
“Reward excellent
failures. Punish
mediocre
successes.”
Phil Daniels, Sydney exec
They say “Improve.”
I say “Re-imagine!”
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MFA (Master of Fine Arts)
MMM1 (Master of Metaphysical Management)
MMM2/MM (Master of Metabolic Management, or
Master of Madness)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
G/GWGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
MTD
(Master of Talent Development)
Agriculture Age (farmers)
Industrial Age (factory workers)
Information Age (knowledge workers)
Conceptual Age (creators and
empathizers)
Source: Dan Pink, A Whole New Mind
Brand =
Talent.
“The leaders of Great
Groups love talent and know
where to find it. They revel in
the talent of others.”
Warren Bennis & Patricia Ward Biederman,
Organizing Genius
PARC’s Bob Taylor:
“Connoisseur
of Talent”
From “1, 2 or you’re out” [JW]
to …
“Best Talent in each
industry segment to build
best proprietary
intangibles” [EM]
Source: Ed Michaels, War for Talent
“We believe companies can increase their
market cap 50 percent in 3 years. Steve
changed 20 of
his 40 box plant managers to put
more talented, higher paid
managers in charge. He increased
Macadam at Georgia-Pacific
profitability from $25 million to $80 million
in 2 years.”
Ed Michaels, War for Talent
Did We Say “Talent Matters”?
“The top software developers
are more productive than
average software developers
not by a factor of 10X or 100X,
or even 1,000X,
but 10,000X.” —Nathan Myhrvold,
former Chief Scientist, Microsoft
“Top performing companies are
two to four times more likely
than the rest to pay
what
it takes to prevent losing
top performers.”
Ed Michaels, War for Talent (05.17.00)
The Cracked Ones Let in the Light
“Our business needs a massive
transfusion of talent, and talent, I
believe, is most likely to be found
among non-conformists,
dissenters and rebels.”
David Ogilvy
“H.R.” to “H.E.D.” ???
Human
Enablement
Department
“Firms will not ‘manage the
careers’ of their employees. They
will provide opportunities to
enable the employee to develop
identity and adaptability and
thus be in charge of his or her
own career.”
Tim Hall et al., “The New Protean Career Contract”
Quests!
Organizing Genius / Warren Bennis
and Patricia Ward Biederman
“Groups become great only when
everyone in them, leaders and
members alike, is free to do his or
her absolute best.”
“The best thing a leader can do for a
Great Group is to allow its
members to discover their
greatness.”
Our Mission
To develop and manage talent;
to apply that talent,
throughout the world,
for the benefit of clients;
to do so in partnership;
to do so with profit.
WPP
“AS LEADERS, WOMEN
RULE: New Studies find
that female managers
outshine their male
counterparts in almost
every measure”
Title, Special Report/BusinessWeek
Women’s Strengths Match New Economy
Imperatives: Link [rather than rank] workers;
favor interactive-collaborative leadership style
[empowerment beats top-down decision making];
sustain fruitful collaborations; comfortable with
sharing information; see redistribution of power
as victory, not surrender; favor multi-dimensional
feedback; value technical & interpersonal skills,
individual & group contributions equally; readily
accept ambiguity; honor intuition as well as pure
“rationality”; inherently flexible; appreciate
cultural diversity.
Source: Judy B. Rosener, America’s Competitive Secret: Women Managers
“It was much later that I realized Dad’s
secret. He gained respect by giving it. He
talked and listened to the fourth-grade kids
in Spring Valley who shined shoes the
same way he talked and listened to a
bishop or a college president. He
was
seriously interested in who you
were and what you had to say.”
Sara Lawrence-Lightfoot, Respect
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MFA (Master of Fine Arts)
MMM1 (Master of Metaphysical Management)
MMM2/MM (Master of Metabolic Management, or
Master of Madness)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
G/GWGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
GGWGTDw/oC
(Guy/Gal Who Gets Things Done without Certificate)
The Kotler Doctrine:
1965-1980: R.A.F.
(Ready.Aim.Fire.)
1980-1995: R.F.A.
(Ready.Fire!Aim.)
1995-????: F.F.F.
(Fire!Fire!Fire!)
“When assessing candidates, the first
thing I looked for was energy and
enthusiasm for execution. Does she
talk about the thrill of getting things
done, the obstacles overcome, the role
her people played—or does she keep
wandering back to strategy or
philosophy?” —Larry Bossidy,
Honeywell/AlliedSignal, in Execution
“We have a
‘strategic’ plan.
It’s called doing
things.”
— Herb Kelleher
A man approached JP Morgan, held up an envelope,
and said, “Sir, in my hand I hold a guaranteed formula
for success, which I will gladly sell you for $25,000.”
“Sir,” JP Morgan replied, “I do not know what is in the
envelope, however if you show me, and I like it, I
give you my word as a gentleman that I will pay you
what you ask.”
The man agreed to the terms, and handed over the
envelope. JP Morgan opened it, and extracted a single
sheet of paper. He gave it one look, a mere glance, then
handed the piece of paper back to the gent.
And paid him the agreed-upon $25,000.
1. Every morning, write a list
of the things that need to
be done that day.
2. Do them.
Source: Hugh MacLeod/tompeters.com/NPR
“If Microsoft is good at anything, it’s
avoiding the trap of worrying about
criticism. Microsoft fails constantly.
They’re eviscerated in public for lousy
products. Yet they persist, through
version after version, until they get
something good enough. Then they
leverage the power they’ve gained in
other markets to enforce their standard.”
Seth Godin, Zooming
“A body can pretend
to care, but they
can’t pretend to be
there.”
— Texas Bix Bender
“My education was a
prolonged and
concerted attack on
my individuality.”
—Neil
Crofts, Authentic
Ye gads: “Thomas Stanley has not only found no
correlation between success in school and an
ability to accumulate wealth, he’s actually found
a negative correlation. ‘It seems that schoolrelated evaluations are poor predictors of
economic success,’ Stanley concluded. What did
predict success was a willingness to take risks.
Yet the success-failure standards of most
schools penalized risk takers. Most educational
systems reward those who play it safe. As a
result, those who do well in school find it hard to
take risks later on.”
Richard Farson & Ralph Keyes, Whoever Makes the Most Mistakes Wins
“Leaders don’t
‘want to’ win.
Leaders ‘need
to’ win.”
#49
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MFA (Master of Fine Arts)
MMM1 (Master of Metaphysical Management)
MMM2/MM (Master of Metabolic Management, or
Master of Madness)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
G/GWGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
DE!
(Doctor of Enthusiasm) (!)
Hackneyed but none the less
LEADERS SEE
CUPS AS “HALF
FULL.”
true:
“[Ronald
Reagan] radiated an
almost transcendent
happiness.”
Half-full Cups:
Lou Cannon, George (08.2000)
“I’m not sure about his
politics, but that’s not
what made him great.
He inspired people. He
made us all feel better
about ourselves.” —bystander,
California, during RR funeral
“A leader is a
dealer in
hope.”
Napoleon
(+TP’s writing room pics)
USN&WR/What traits do successful
activists share?
“They
have hope, and
they imbue others
with hope.”
Studs Terkel, age 91:
BZ: “I am a …
Dispenser of
Enthusiasm!”
“Nothing is so
contagious as
enthusiasm.”
—Samuel Taylor Coleridge
“The leader must have
infectious optimism. … The final
test of a leader is the feeling you
have when you leave his
presence after a conference.
Have you a feeling of uplift and
confidence?” —Field Marshall Bernard
Montgomery
“Make it fun to work
at your agency. …
Encourage
exuberance. Get rid
of sad dogs who
spread gloom.”
—David Ogilvy
“Astonish me!” / S.D.
“Build something great!” /
H.Y.
“Immortal!” / D.O.
“In Tom’s world, it’s
always better to try a swan
dive and deliver a
colossal belly flop than to
step timidly off the
board while holding your
nose.” —Fast Company /October2003
“If you ask me what I
have come to do in
this world, I who am
an artist, I will reply:
I am here to live my
life out loud.” — Émile Zola
“You can’t lead a
cavalry charge if
you think you
look funny on a
horse.” —John Peers, President, Logical
Machine Corporation
Have you
changed
civilization
today?
Source: HP banner ad
Importance of Success Factors by Various
“Gurus”/Estimates by Tom Peters
Strategy Systems Passion Execution
Porter
50%
20
15
15
Drucker
35%
30
15
20
Bennis
25%
20
30
25
Peters
15%
20
35
30
The Re-imagineer’s Credo … or,
Pity the Poor Brown*
Technicolor Times demand …
Technicolor Leaders and Boards who recruit …
Technicolor People who are sent on …
Technicolor Quests to execute …
Technicolor (WOW!) Projects in partnership with …
Technicolor Customers and …
Technicolor Suppliers all of whom are in pursuit of …
Technicolor Goals and Aspirations fit for …
Technicolor Times.
*WSC
Kevin Roberts’ Credo
1. Ready. Fire! Aim.
2. If it ain’t broke ... Break it!
3. Hire crazies.
4. Ask dumb questions.
5. Pursue failure.
6. Lead, follow ... or get out of the way!
7. Spread confusion.
8. Ditch your office.
9. Read odd stuff.
10. Avoid moderation!
Sir Richard’s Rules:
Follow your passions.
Keep it simple.
Get the best people to help you.
Re-create yourself.
Play.
Source: Fortune/10.03
“You can’t behave
in a calm, rational
manner. You’ve got
to be out there on
the lunatic fringe.”
— Jack Welch
“Dream as if
you’ll live forever.
Live as if you’ll
die today.”
—James Dean
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MFA (Master of Fine Arts)
MMM1 (Master of Metaphysical Management)
MMM2/MM (Master of Metabolic Management, or
Master of Madness)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
G/GWGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
Short Takes!
The Power
Is the Story
10.15.04
Story Power!
“A key – perhaps the key –
to leadership is
the effective
communication
of a story.”
Howard Gardner
Leading Minds: An Anatomy of Leadership
Leaders don’t just make products
and make decisions.
Leaders make
meaning.
– John Seely Brown
“We are in the twilight of a society based on data. As
information and intelligence become the domain of
computers, society will place more value on the one
human ability that cannot be automated: emotion.
Imagination, myth, ritual - the language of emotion will affect everything from our purchasing decisions
Companies will
thrive on the basis of their stories
and myths. Companies will need to understand
to how we work with others.
that their products are less important than their
stories.”
Rolf Jensen, Copenhagen Institute for Future Studies
“The essence of American
presidential leadership,
and the secret of
presidential success, is
storytelling.” —Evan Cornog, The Power
and the Story: How the Crafted Presidential Narrative Has
Determined Political Success from George Washington to
George W. Bush
“To win this race, Kerry needs to stop
focusing on Election Day and start
thinking about his would-be
presidency’s last day. What does he
want his legacy to be? When sixthgraders in the year 2108 read about
the Kerry presidency, what does he
want the one or two sentences that
accompany his photo to say?” —Kenneth
Baer/Washington Post/092604
“Management has a lot to do
with answers. Leadership is a
function of questions. And the
first question for a leader
always is: ‘Who do we intend
to be?’ Not ‘What are we going
to do?’ but ‘Who do we intend to
be?’” —Max De Pree, Herman Miller
Short Takes!
Business’ New
Age … of
Stories!
“The past few decades have belonged to a certain kind
of person with a certain kind of mind—computer
programmers who could crank code, lawyers who
could craft contracts, MBAs who could crunch
numbers. But the keys to the kingdom are changing
hands. The future belongs to a very different kind of
person with a very different kind of mind—creators
and empathizers, pattern recognizers and meaning
makers. These people—artists, inventors, designers,
storytellers, caregivers, consolers, big picture
thinkers—will now reap society’s richest rewards and
share its greatest joys.” —Dan Pink, A Whole New Mind
“The era of ‘left brain’
dominance—and the
Information Age it engendered—
Is giving way to a new world in
which ‘right brain’ qualities—
inventiveness, empathy,
meaning—will govern.” —Dan Pink, A
Whole New Mind
L-Directed Thinking: sequential,
literal, functional, textual,
analytic
to
R-Directed Thinking:
simultaneous, metaphorical,
aesthetic, contextual, synthetic
Source: Dan Pink/A Whole New Mind
Agriculture Age (farmers)
Industrial Age (factory workers)
Information Age (knowledge workers)
Conceptual Age (creators and
empathizers)
Source: Dan Pink, A Whole New Mind
“The MFA is
the new
MBA.”
—Dan Pink, A Whole New
Mind
Storie$$$$$.
“Experiences are as
distinct from services
as services are from
goods.”
Joseph Pine & James Gilmore, The Experience Economy:
Work Is Theatre & Every Business a Stage
The “Experience Ladder”
Experiences
Services
Goods
Raw Materials
“Guinness as a brand
is all about community.
It’s about bringing people
together and sharing
stories.”—Ralph Ardill, Imagination, in re
Guinness Storehouse
Experience: “Rebel Lifestyle!”
“What we sell is the ability for
a 43-year-old accountant to
dress in black leather, ride
through small towns and have
people be afraid of him.”
Harley exec, quoted in Results-Based Leadership
“I see us as being in
the art business. Art,
entertainment and mobile
sculpture, which,
coincidentally, also
happens to provide
transportation.”
Bob Lutz:
Source: NYT 10.19.01
“Car designers need to create a
story. Every car provides an
opportunity to create an adventure.
…
“The Prowler makes you smile.
Why? Because it’s focused. It has a
plot, a reason for being, a passion.”
Freeman Thomas, co-designer VW Beetle; designer
Audi TT
Hmmmm(?): “Only” Words …
Story
Adventure
Smile
Focus
Plot
Passion
One company’s answer:
CXO*
*Chief eXperience Officer
“Most executives have no
idea how to add value to a
market in the metaphysical
world. But that is what the market
will cry out for in the future. There
is no lack of ‘physical’ products to
choose between.”
Jesper Kunde, Unique Now ... or Never [on the
excellence of Nokia, Nike, Lego, Virgin et al.]
“The sun is setting on the Information Society—even before we
have fully adjusted to its demands as individuals and as
companies. We have lived as hunters and as farmers, we have
worked in factories and now we live in an information-based
We stand
facing the fifth kind of society: the
Dream Society. … The Dream Society is emerging
society whose icon is the computer.
this very instant—the shape of the future is visible today. Right
now is the time for decisions—before the major portion of
consumer purchases are made for emotional, nonmaterialistic
reasons. Future products will have to appeal to our hearts, not to
our heads. Now is the time to add emotional value to products
and services.” —Rolf Jensen/The Dream Society:How the Coming Shift from
Information to Imagination Will Transform Your Business
DREAM: “A dream is a complete
moment in the life of a client.
Important experiences that tempt
the client to commit substantial
resources. The essence of the
desires of the consumer. The
opportunity to help clients become
what they want to be.” —Gian Luigi
Longinotti-Buitoni
(Revised) Experience Ladder
Dreams Come True
Awesome Experiences
Solutions
Services
Goods
Raw Materials
Furniture vs. Dreams
“We do not sell ‘furniture’ at Domain. We
sell dreams. This is accomplished by
addressing the half-formed needs in our
customers’ heads. By uncovering these
needs, we, in essence, fill in the blanks. We
convert ‘needs’ into ‘dreams.’ Sales are the
inevitable result.”
— Judy George, Domain Home Fashions
“In Denmark, eggs from free-range hens have
conquered over 50 percent of the market. Consumers
do not want hens to live their lives in small, confining
cages. They are willing to pay 15 percent to 20 percent
more for the story about animal ethics. This is classic
Dream Society logic. Both kind of eggs are similar in
quality, but consumers prefer eggs with the better
story. After we debated the issue and stockpiled 50
other examples, the conclusion became evident:
Stories and tales speak directly to the heart rather than
the brain. After a century where society was marked by
science and rationalism, the stories and values are
returning to the scene.” —Rolf Jensen/The Dream Society: How the
Coming Shift from Information to Imagination Will Transform Your Business
Six Market Profiles
1. Adventures for Sale
2. The Market for Togetherness, Friendship
and Love
3. The Market for Care
4. The Who-Am-I Market
5. The Market for Peace of Mind
6. The Market for Convictions
Rolf Jensen/The Dream Society: How the Coming Shift from
Information to Imagination Will Transform Your Business
Market Power =
Story Power
Brand = Story
Story > Brand
Living the
Story.
“It is necessary for the
President to be the
No. 1
actor.”
nation’s
FDR
“You must be
the change you
wish to see in the
world.”
Gandhi
“My life
is my
message.”
Gandhi
Spreading
the Story I.
“Ordering”
Systemic Change
is a Stupid Waste
of Time!
Premise:
Demos!
Heroes!
Stories!
“Some people look for
things that went wrong and
I look for
things that went right
and try to build on
them.”
try to fix them.
—Bob Stone/ Mr.Rego/ Lessons from an
Uncivil Servant
“Find something small
that you can turn
around. If you’re on a 9game losing streak, you
need to start with one
great inning.”—Rudy
MB
A!*
*Managing By Story-ing Around/David Armstrong
REAL Org Change: Demos & Models (“Model
Installations,” “ReGo Labs”)/ Heroes (mostly extant: “burned
to reinvent gov’t”)/ Stories & Storytellers (Props!)/
Chroniclers (Writers, Videographers, Pamphleteers, Etc.)/
Cheerleaders & Recognition (Pos>>Neg, Volume)/
New Language (Hot/Emotional/WOW)/ Seekers
(networking mania)/ Protectors/ Support Groups/
End Runs—“Pull Strategy” (weird alliances, weird
customers, weird suppliers, weird alumnae-JKC)/ Field
“Real People” Focus (3 COs) (long way away)/
Speed (O.O.D.A. Loops—act before the “bad guys” can react)
C.f., Bob Stone, Lessons from an Uncivil Servant
Spreading
the Story II.
Organizing Genius / Warren Bennis
and Patricia Ward Biederman
“Groups become great only when
everyone in them, leaders and
members alike, is free to do his or
her absolute best.”
“The best thing a leader can do for a
Great Group is to allow its
members to discover their
greatness.”
Yes!!!!!!!!!!!!!!!!!
“free to do his or her
absolute best” …
“allow its members
to discover their
greatness.”
Quests!
Q.E.D.
“You are the
storyteller of your
own life, and you
can create your
own legend or
not.” —Isabel Allende
Short Takes!
Re-imagine Leadership for
Totally Screwed-Up Times:
The Passion
Imperative!
LdrSHORT/Tom Peters/10.21.2004
Start a
Crusade!
“Create a
‘cause,’ not
a ‘business.’ ”
G.H.:
“Beware of the
tyranny of making
Small Changes to Small
Things. Rather, make
Big Changes to Big
Things.”
—Roger Enrico, former Chairman, PepsiCo
“A key – perhaps the key –
to leadership is
the effective
communication
of a story.”
Howard Gardner
Leading Minds: An Anatomy of Leadership
Make It a
Grand
Adventure!
“Ninety percent of what
we call ‘management’
consists of making it
difficult for people to
get things done.” – Peter Drucker
“I don’t
know.”
Quests!
Organizing Genius / Warren Bennis
and Patricia Ward Biederman
“Groups become great only when
everyone in them, leaders and
members alike, is free to do his or
her absolute best.”
“The best thing a leader can do for a
Great Group is to allow its
members to discover their
greatness.”
Yes!!!!!!!!!!!!!!!!!
“free to do his or her
absolute best” …
“allow its members
to discover their
greatness.”
Insist on
Speed &
Excellence!
The Kotler Doctrine:
1965-1980: R.A.F.
(Ready.Aim.Fire.)
1980-1995: R.F.A.
(Ready.Fire!Aim.)
1995-????: F.F.F.
(Fire!Fire!Fire!)
“Reward
excellent
failures. Punish
mediocre successes.”
Phil Daniels, Sydney exec (and, de facto, Jack)
Dispense
Enthusiasm!
BZ: “I am a …
Dispenser of
Enthusiasm!”
“Nothing is so
contagious as
enthusiasm.”
—Samuel Taylor Coleridge
“You must be
the change you
wish to see in
the world.”
Gandhi
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MMM1 (Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
W/MwGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
15 “Leading” Biz Schools
Design/Core: 0
Design/Elective: 1
Creativity/Core: 0
Creativity/Elective: 4
Innovation/Core: 0
Innovation/Elective: 6
Source: DMI/Summer 2002
Hardball: Are You Playing to Play or Playing to Win? by
George Stalk & Rob Lachenauer/HBS Press
“The winners in business have always played hardball.”
“Unleash massive and overwhelming force.” “Exploit
anomalies.” “Threaten your competitor’s profit sanctuaries.”
“Entice your competitor into retreat.”
Approximately 640 Index entries: Customer/s (service,
retention, loyalty),
4.
People (employees, motivation, morale, worker/s), 0.
Innovation (product development, research & development, new products), 0.
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MMM1 (Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
W/MwGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
“Most executives have no
idea how to add value to
a market in the
metaphysical world. But
that is what the market will cry
out for in the future. There is no
lack of ‘physical’ products to
choose between.”
Jesper Kunde, Unique Now ... or Never [on the excellence of Nokia, Nike, Lego, Virgin
et al.]
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MMM1 (Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
W/MwGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
“Strategy meetings held once
or twice a year” to “Strategy
meetings needed several
times a week”
Source: New York Times on Meg Whitman/eBay
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MMM1 (Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
W/MwGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
Have you
changed
civilization
today?
Source: HP banner ad
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MMM1 (Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
W/MwGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MMM1 (Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
W/MwGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
“When assessing candidates, the first
thing I looked for was energy and
enthusiasm for execution. Does she
talk about the thrill of getting things
done, the obstacles overcome, the role
her people played—or does she keep
wandering back to strategy or
philosophy?” —Larry Bossidy,
Honeywell/AlliedSignal, in Execution
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MMM1 (Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
W/MwGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
“You can’t behave
in a calm, rational
manner. You’ve got
to be out there on
the lunatic fringe.”
— Jack Welch
Importance of Success Factors by Various
“Gurus”/Estimates by Tom Peters
Strategy Systems Passion Execution
Porter
50%
20
15
15
Drucker
35%
30
15
20
Bennis
25%
20
30
25
Peters
15%
20
35
30
“In Tom’s world it’s always
better to try a swan
dive and deliver a
colossal belly flop than to
step timidly off the
board while holding your
nose.” —Fast Company /October2003
Short Takes!
The SE17: Origins of
Sustainable
Entrepreneurship
Tom Peters/10.10.2004
SE17/Origins of Sustainable Entrepreneurship
1. Genetically disposed to Innovations that upset apple carts
(3M, Apple, FedEx, Virgin, BMW, Sony, Nike, Schwab,
Starbucks, Oracle, Sun, Fox, Stanford University, MIT)
2. Perpetually determined to outdo oneself, even to the
detriment of today’s $$$ winners (Apple, Cirque du Soleil,
Microsoft, Nokia, FedEx)
3. Love the Great Leap/Enjoy the Hunt (Apple, Oracle, Intel,
Nokia, Sony)
4. Culture of Outspoken-ness (Intel, Microsoft, FedEx,
CitiGroup, PepsiCo)
5. Encourage Vigorous Dissent/Genetically “Noisy” (Intel,
Apple, Microsoft)
SE17/Origins of Sustainable Entrepreneurship
6. “Culturally” as well as organizationally Decentralized (GE,
J & J, Omnicom)
7. Multi-entrepreneurship/Many Independent-minded Stars (GE,
Time Warner)
8. Keep decentralizing—tireless in pursuit of wiping out
Centralizing Tendencies (J & J, Virgin)
9. Scour the world for Ingenious Alliance Partners—especially
exciting startups (Pfizer)
10. Don’t overdo “pursuit of synergy” (GE, J & J, Time Warner)
11. Find and Encourage and Promote Strong-willed/
Independent people (GE, PepsiCo)
12. Ferret out Talent … anywhere and everywhere/ “No limits”
approach to retaining top talent (Nike, Virgin, GE, PepsiCo)
SE17/Origins of Sustainable Entrepreneurship
13. Unmistakable Results & Accountability focus from the
get-go to the grave (GE, New York Yankees, PepsiCo)
14. Up or Out (GE, McKinsey, big consultancies and law firms
and ad agencies and movie studios in general)
15. Competitive to a fault! (GE, New York Yankees, News
Corp/Fox, PepsiCo)
16. “Bi-polar” Top Team, with “Unglued” Innovator #1,
powerful Control Freak #2 (Oracle, Virgin, old Raychem)
(God help you when #2 is missing: Enron)
17. Masters of Loose-Tight/Hard-nosed about a very few Core
Values, Open-minded about everything else (Virgin)
Short Takes!
Design Rules!
Excerpts from Virginia Postrel’s The
Substance of Style: How the
Rise of Aesthetic Value Is
Remaking Commerce, Culture
and Consciousness
10.10.2004
“Having spent a century or more focused on other
goals—solving manufacturing problems, lowering
costs, making goods and services widely available,
increasing convenience, saving energy—we are
increasingly engaged in making our world special.
More people in more aspects of life are drawing
pleasure and meaning from the way their persons,
places and things look and feel. Whenever we have the
chance, we’re adding sensory, emotional appeal to
ordinary function.” — Virginia Postrel, The Substance of Style: How
the Rise of Aesthetic Value Is Remaking Commerce, Culture and
Consciousness
“If modernist design ideology
promised efficiency, rationality
and truth, today’s diverse
aesthetics offers a different
trifecta: freedom, beauty and
pleasure.” —Virginia Postrel, The Substance of Style:
How the Rise of Aesthetic Value Is Remaking Commerce,
Culture and Consciousness
“As soon as the Taliban fell, Afghan men lined up at
barber shops to have their beards shaved off. Women
painted their nails with once-forbidden polish. Formerly
clandestine beauty salons opened in prominent
locations. Men traded postcards of beautiful Indian
movie stars…. Even burka merchants diversified their
wares, adding colors like brown, peach and green to
the blue and off-white dictated by the Taliban’s whipwielding virtue police. Freed to travel to city markets,
village women demanded better fabric, finer
embroidery and more variety in their traditional
garments.” —Virginia Postrel, The Substance of Style: How the Rise of
Aesthetic Value Is Remaking Commerce, Culture and Consciousness
“With its carefully conceived mix of colors and
textures, aromas and music, Starbucks is more
indicative of our era than the iMac. It is to the Age of
Aesthetics what McDonald’s was to the Age of
Convenience or Ford was to the Age of Mass
Production—the touchstone success story, the
exemplar of all that is good and bad about the
aesthetic imperative. … ‘Every Starbucks store is
carefully designed to enhance the quality of everything
the customers see, touch, hear, smell or taste,’ writes
CEO Howard Schultz.” —Virginia Postrel, The Substance of Style:
How the Rise of Aesthetic Value Is Remaking Commerce, Culture and
Consciousness
“Elaborating on the techniques
of one-of-a-kind boutique
hotels, Starwood Hotels &
Resorts [W, Sheraton, Westin]
has adopted a strategy of
‘Winning by design.’ ” —Virginia Postrel,
The Substance of Style: How the Rise of Aesthetic Value Is Remaking
Commerce, Culture and Consciousness
“The lowliest household tool has become an object of color,
texture, personality, whimsy, even elegance. Dozens, probably
hundreds, of distinctively designed toilet-brush sets are
available—functional, flamboyant, modern, mahogany. For
about five bucks, you can buy Rubbermaid’s basic plastic bowl
brush with caddy, which comes in seven different colors, to hide
the bristles and keep the drips off the floor. For $8 you can take
home a Michael Graves brush from Target, with a rounded blue
handle and translucent white container. At $14 you can have an
OXO brush, sleek and modern in a hard, shiny white plastic
holder that opens as smoothly as the bay door on a sciencefiction spaceship. For $32, you can order Philippe Starck’s
Excalibur brush, whose hilt-like handle creates a lid when
sheathed in its caddy. At $55 there’s Stefano Giovannoni’s
Merdolino brush for Alessi … Cross the $100 barrier, and you
can find all sorts …” —Virginia Postrel, The Substance of Style: How the
Rise of Aesthetic Value Is Remaking Commerce, Culture and Consciousness
DESIGN IS INEVITABLE!
DESIGN IS THE DIFFERENCE!
DESIGN RULES!
Short Takes!
Design Case I …
Thomas Hine: The Total
Package: The Secret History
and Hidden Meanings of
Boxes, Bottles, Cans and Other
Persuasive Containers
“The most fundamental difference
between a traditional market and
the places through which you push
your cart is that in modern retailing
all the selling is done without
people. It replaces people with
packages.” —Thomas Hine/The Total Package
“Packages have
personality. They create
confidence and trust.
They spark fantasies.
They move the goods!”
—Thomas Hine/The Total Package
Oatmeal/1870: “horses and a few
stray Scots”
Oatmeal/1890/Quaker: “a delicacy
for the epicure, a nutritious dainty
for thr invalid, a delight to the
children”
Difference: Packaging!
Thomas Hine/The Total Package
“During the thirty minutes you spend on
an average trip to the supermarket, about
thirty thousand different products vie to
win your attention and ultimately to make
you believe in their promise. When the
door opens, you enter an arena where your
emotions are in play—and a walk down the
aisles is an exercise in self-definition. Few
experiences in life offer the visual intensity
of a Safeway, a Krogers. …”—Thomas
Hine/The Total Package
Research: customers aware of
11,000 packages in 1,800 seconds
walking the aisles.
th
Opportunity = 1/6
second!
Source: Thomas Hine/The Total Package
“Packaging strives at once to offer excitement
and reassurance. It promises something newer
and better, but not necessarily different. When
we talk about a tourist destination, or even a
presidential contender, being packaged, that’s
not really a metaphor. The same projection of
intensified ordinariness, the same combination
of titillation and reassurance, are used for
laundry detergents, theme parks and candidates
alike.”—Thomas Hine/The Total Package
“One, consumers really do not
distinguish between a product and
its package. Two, consumers
relate emotionally not to the facts
(the realities) of the
product/packages they are
involved with, but rather to their
perceived realities.” —Walter Stern in
Thomas Hine/The Total Package
“What’s important to
recognize is that fast-food
and hotel chains are not like
packages, but that they are
packages—packaged places
and experiences.” —Thomas
Hine/The Total Package
Short Takes!
Nexus
The Hunch of a Lifetime: An Emergent (Market) Nexus
I have a sense/hunch there’s an interesting nexus among several of the ideas
about New Market Realities that I promote … namely Women-Boomers-WellnessGreen-Intangibles. Each one drives the Fundamental (Traditional) Economic Value
Proposition toward the “softer side”: From facts- & figures-obsessed males
toward relationship-oriented Women. From goods-driven youth toward
“experiences”-craving Boomers. From quick-fix & pill-popping “healthcare”
toward a holistically inclined “Wellness Revolution.” From mindless exploitation of
the Earth’s resources toward increased awareness of the fragility and
preciousness of our Environment. From “goods” and “services” toward Design& Creativity-rich Intangibles-Experiences-Dreams Fulfilled. This so-called “softer
side”—as the disparate likes of IBM’s Sam Palmisano and Harley-Davidson’s Rich
Teerlink teach us—is now & increasingly “where the loot is,” damn near all the
loot. That is, the “softer side” has become the Prime Driver of tomorrow’s “hard”
economic value. Furthermore, each of the Five Key Ideas (Women-BoomersWellness-Green-Intangibles) feeds off and complements the other four. Dare I use
the word “synergy”? Perhaps. (Or: Of course!) I can imagine an enterprise defining
its raison d’etre in terms of these Five Complementary Key Ideas. (HINT: DAMN
FEW DO TODAY.)
An Emergent Nexus
Men …………………………….……………….... Women
Youth ………………………………… Boomers/Geezers
“Fix It”Healthcare………………... Wellness/Prevention
Exploit-the-Earth ……...... Preserve/Cherish the Planet
Tangibles ……………………………………… Intangibles
ALL YOU NEED TO
KNOW ABOUT
MARKETING …
Tom Peters/03.26.2004
“Just say no” … to microsegmentation, teen “brand
loyalty”
“Just say
yes”
to …
Women
Professional Women
Women Biz Owners
Boomers/Geezers
Boomer Women (!!!!!!)
Wellness
Hispanics
Greenies
Seven Books You
Must Read!
—tom (02.08.2004)
Marketing to Women, Martha Barletta
EVEolution: The Eight Truths of Marketing to Women, Faith
Popcorn & Lys Marigold
Ageless Marketing, David Wolfe & Robert Snyder
Marketing to the Mindset of Boomers and Their Elders, Carol
Morgan & Doran Levy
Selling Dreams: How to Make Any Product Irresistible, Gian Luigi
Longinotti-Buitoni
The Dream Society: How the Coming Shift from Information to
Imagination Will Transform Your Business, Rolf Jensen
Trading Up: The New American Luxury, Michael Silverstein &
Neil Fiske
Short Takes!
Tomorrow’s Organizations:
Itinerant Potential
Machines
TALENT POOL TO DIE FOR. Youthful. Insanely
energetic. Value creativity. Risk taking is
routine. Failing is normal … if you’re stretching.
Want to ‘make their bones” in “the
revolution.”Love the new technologies. Well
rewarded. Don’t plan to be around 10 years from
now.
TALENT POOL PLUS. Seek out and work with
“world’s best” as needed (it’s often needed). “We
aim to change the world, and we need gifted
colleagues—who well may not be on our
payroll.”
BRASSY-BUT-GROUNDED-LEADERSHIP. Say “I
don’t know”—and then unleash the TALENT.
Have a vision to be DRAMATICALLY
DIFFERENT—but don’t expect the co. to be
around forever. Will scrap pet projects, and
change course 180 degrees—and take a big
write-off in the process. NO REGRETS FROM
SCREW-UPS WHOSE TIME HAS NOT-YETCOME. GREAT REGRETS AT TIME & $$$
WASTED ON “ME TOO” PRODUCTS AND
PROJECTS.
BRASSY-BUT-GROUNDED-LEADERSHIP. (Cont.)
“Visionary” leaders matched by leaders with
shrewd business sense: “HOW DO WE TURN A
PROFIT ON THIS GORGEOUS IDEA?” Appreciate
“market creation” as much as or more than
“market share growth.” ARE INSANELY AWARE
THAT MARKET LEADERS ARE ALWAYS IN
PRECARIOUS POSITIONS, AND THAT MARKET
SHARE WILL NOT PROTECT US, IN TODAY’S
VOLATILE WORLD, FROM THE NEXT KILLER
IDEA AND KILLER ENTREPRENEUR. (Gates.
Ellison. Venter. McNealy. Walton. Skilling. Case.
Etc.)
ALLIANCE MANIACS. Don’t assume that “the
best resides within.” WORK WITH A SHIFTING
ARRAY OF STATE-OF-THE-ART PARTNERS
FROM ONE END OF THE “SUPPLY CHAIN” TO
THE OTHER. Including vendors and
consultants and … especially … PIONEERING
CUSTOMERS … who will “pull us into the
future.”
TECHNOLOGY-NETWORK FANATICS. Run the
whole-damn-company, and relations with all
outsiders, on the Internet … at Internet speed.
Reluctant to work with those who don’t share
this (radical) vision.
POTENTIAL MACHINES-ORGANISMS. Don’t
know what’s coming next. But are ready to jump
at opportunities, especially those thatt
challenge-overturn our own “way of doing
things.”
Short Takes!
Tom Peters on Power & Implementation
Getting Things Done:
The
P&I 34
v09.16.2004
“Getting the strategy right” is
important. But as one of my old
McKinsey bosses used to say,
“Don’t forget the ‘Missing 95%’ …
implementation.” Herewith, some
hints & tools for getting the “Ipart” (Implementation) right …
*Send “Thank You” notes! It’s (always) “all about relationships.” And at
the Heart of Effective Relationships is … APPRECIATION. (Oh yeah: Never,
ever forget a birthday of a co-worker.)
*Bring donuts! “Small” gestures of appreciation (on a rainy day, after a
long day’s work the day before) are VBDs … Very Big Deals.
*Make the call! One short, hard-to-make call today can avert a
relationship crisis that could bring you down six months from now.
*Remember: There are no “little gestures” of kindness. As boss,
stopping by someone’s cube … for 30 seconds … to inquire about their
sick parent will be remembered for … 10 years. (Trust me.)
*Make eye contact! No big deal? Wrong! “It” is all about … Connection!
Paying attention! Being there … in the Moment … Present. So, work on
your eye contact, your Intent to Connect.
*Smile! Or, rather: SMILE. Rule: Smiles beget smiles. Frowns beget
frowns. Rule: WORK ON THIS.
*Smile! (If it kills you.) Energy & enthusiasm & passion engender
energy-enthusiasm-passion in those we work with—subordinates, peers,
bosses.
*It’s all … RELATIONSHIPS. Remember: Business is a relationships business.
(Period.) We’re all in sales! (Period.) Connecting! Making our case! Following up!
Networking! “Relationships” are what we “do.”
*You = Your Calendar. Your true priorities are “given away” by your calendar. YOUR
CALENDAR NEVER LIES. What are you truly spending your time on? Are you
distracted? Focused?
*What’s in a number? EVERYTHING! While we all “do a hundred things,” we may
not/should not/cannot have more than 2 (or 3) true “strategic” priorities at any point
in time. BELIEVE IT.
*It’s the day’s most important act! Meditate every morning for 15 to 30 minutes over
your “To-Do List.” Choosing the day’s “To-Dos” and (more important!) “To Don’t’s” is
True Priority # 1.
*She (he) who is best prepared wins! Out-study, out-read, out-research the
competition. Know more (lots more!) than “the person on the other side of the table.”
*“Excellence” is the Ultimate Cool Idea. The very idea of “pursuing excellence” is a
turn on—for you and me as well as those we work with. (And, I find to my dismay, it’s
surprisingly rare.)
*Think WOW!
language!
Language matters! “Hot” words generate a Hot Team. Watch your
*You are the boss! Old ideas of “lifetime employment” at one company (maybe
where Dad/Mom worked) are gone. No matter what your current status, think of your
self as CEO of Brand Me, Inc. We are all Small Business Owners … of our own
careers.
*Do something in … the next half hour! Don’t let yourself get stuck! There is …
ALWAYS … something little you can start/do in the next thirty minutes to make a wee,
concrete step forward with a problem-opportunity.
*Test it! NOW! We call this the “Quick Prototype Attitude.” One of life’s, especially
business life’s, biggest problems is: “Too much ‘talk’, too little ‘do’.” If you’ve got a
Cool Idea, don’t sit on it or research it to death. Grab a pal, an empty conference, and
start laying out a little model. That is, begin the process of transforming the Idea to
Action … ASAP. Incidentally, testing something quarter-baked in an approximation of
the real world is the quickest way to learn.
*Expand your horizons. Routinely reach out beyond your comfort zone. TAKE A
FREAK TO LUNCH TOMORROW! Call somebody interesting “you’ve been meaning to
get in touch with;” invite them to lunch tomorrow. (Lunch with “the same ole gang
means nothing new learned. And that’s a guarantee.) (Remember: Discomfort =
Growth.)
*Build a Web site. The Web is ubiquitous. Play with it! Be a presence!
Start You.com … ASAP!
*Spread the credit! Don’t build monuments to yourself, build them to
others—those whose contributions we wholeheartedly acknowledge will
literally follow us into machine gun fire!
*Follow Tom’s patented VFCJ strategy! VFCJ = Volunteer For Crappy Jobs.
That is, volunteer for the crummy little assignment nobody else wants, but
will give you a chance to (1) be on your own, (2) express your creativity, and
(3) make a noticeable mark when it turns out “Wow.”
*VOLUNTEER! Life’s a maze, and you never know what’s connected to
what. (Six degrees of separation, and all that.) So volunteer for that
Community Center fund raising drive, even though you’re busy as all get out.
You might end up working side-by-side with the president of a big company
who’s looking for an enthusiast like you, or someone wealthy who might be
interested in investing in the small business you dream of starting.
*Join Toastmasters! You don’t need to try and match Ronald Reagan’s
speaking skills, but you do need to be able to “speak your piece” with
comfort, confidence and authority. Organizations like Toastmasters can help
… enormously.
*Dress for success! This one is old as the hills and I hate it!! But it’s true.
FIRST IMPRESSIONS DO MATTER. (A lot!!!)
*Follow the Gospel of “Experience Marketing” in all you do. The shrewdest
marketers today know that selling a “product” or “service” is not enough in a
crowded marketplace for everything. Every interaction must be reframed as a
… Seriously Cool Experience. That includes the “little” 15-minute
presentation you are giving to your 4 peers tomorrow.
*Think of your resume as an Annual Report on Brand Me Inc. It’s not about
keeping your resume “updated.” It is about having a Super-cool Annual
Report. (Tom Peters Inc 2004.) What are your “stunning” accomplishments
that you can add to that Report each 6 months, or at the most annually?
*Build a Great Team … even if you are not boss. Best roster wins, right? So,
work on your roster. Meet someone new at Church or your kid’s birthday
party? Add them to your team (Team Tom); you never know when they might
be able to assist you or give you ideas or support for something you are
working on.
*She or he who has the Fattest & and Best-managed Rolodex wins. Your
Rolodex is your most cherished possession! Have you added 3 names to it in
the last 2 weeks? Have you renewed acquaintance (email, lunch, gym date)
with 3 people in your Rolodex in the last month? “MANAGE” YOUR
ROLODEX!
*Start your own business! Sure that’s radical. But people are doing it—
especially women—by the millions. Let the idea percolate. Chat about it,
perhaps, with pals. Start a file folder or three on things you Truly Care About
… that just might be the basis for Cool Self-employment.
*There’s nothing cooler than an Angry Customer! The most loyal
customers are ones who had a problem with us … and then marveled when
we went the Extra Ten Miles to fix it! Business opportunity No. 1 = Irate
customers converted into fans. So … are you on the prowl for customer
problems to fix?
*All “marketing” is Relationship Marketing. In business, profit is a
byproduct of “bringing ‘em back.” Thus, systematic and intense and
repeated Follow-up and After-sales Service and Scintillating New Hooks are
of the utmost importance.
*Take a break! We need all the creativity we can muster these days. So
close your office door and do 5 (FIVE) minutes of breathing or yoga; bring a
bag lunch today and eat it in the park.
*BRANDING ain’t just for Big Dudes. This may well be
Business Mistake No. 1 … the idea that “branding” is only for
the likes of Coke and Sony and Nike. Baloney! Branding
applies as much for the one-person accountancy run out of a
spare bedroom as it does for Procter & Gamble.
*Credibility! In the end … Character Matters Most. Does
he/she give their word, and then stick to it … come hell &
high water? Can you rely on Her/Him in a pinch? Does she/he
… CARE?
*Grace. Is it “a pleasure to do business with you”? Is it a
pleasure to “be a member of your team”?
Short Takes!
Pink
(A Whole New Mind)
&
Littky
(The Big Picture)
Prepared by Tom Peters/09.05.2004
Dan
Pink
“The era of ‘left brain’
dominance—and the
Information Age it engendered—
Is giving way to a new world in
which ‘right brain’ qualities—
inventiveness, empathy,
meaning—will govern.” —Dan Pink, A
Whole New Mind
“The past few decades have belonged to a certain kind
of person with a certain kind of mind—computer
programmers who could crank code, lawyers who
could craft contracts, MBAs who could crunch
numbers. But the keys to the kingdom are changing
hands. The future belongs to a very different kind of
person with a very different kind of mind—creators
and empathizers, pattern recognizers and meaning
makers. These people—artists, inventors, designers,
storytellers, caregivers, consolers, big picture
thinkers—will now reap society’s richest rewards and
share its greatest joys.” —Dan Pink, A Whole New Mind
L-Directed Thinking: sequential,
literal, functional, textual,
analytic
to
R-Directed Thinking:
simultaneous, metaphorical,
aesthetic, contextual, synthetic
Source: Dan Pink/A Whole New Mind
“Left-brain style thinking used to be the
driver, and right-brain style thinking the
passenger. Now R-Directed Thinking is
suddenly grabbing the wheel, stepping on
the gas, and determining where we’re
going and how we’re going to get there. LDirected aptitudes—the kind measured by
the SAT and employed by CPAs—are still
necessary. But they’re no longer
sufficient.” —Dan Pink, A Whole New Mind
The Big Three Drivers of Change
Abundance
Asia
Automation
Source” Dan Pink, A Whole New Mind
“But abundance has also produced an
ironic result: The very triumph of LDirected Thinking has lessened its
significance. The prosperity it has
unleashed has placed a premium on
things that appeal to less rational,
more R-Directed sensibilities—beauty,
spirituality, emotion.” —Dan Pink,
A Whole New Mind
India
350,000 engineering grads per year
>50% F500 outsource software work to
India
GE: 48% of software developed in India
(Sign in GE India office: “Trespassers will be recruited”)
Source: Dan Pink, A Whole New Mind
Software’s Enormous Inroads
Docs
Lawyers
Accountants
Source: Dan Pink, A Whole New Mind
Agriculture Age (farmers)
Industrial Age (factory workers)
Information Age (knowledge workers)
Conceptual Age (creators and
empathizers)
Source: Dan Pink, A Whole New Mind
“The MFA is
the new
MBA.”
—Dan Pink, A Whole New
Mind
“What does this mean for you and me? How can
we prepare for the conceptual age? On one
level, the answer is straightforward. In a world
tossed by Abundance, Asia and Automation, in a
which L-Directed Thinking remains necessary
but no longer sufficient, we must become
proficient in R-Directed Thinking and master
aptitudes that are ‘high concept’ and ‘high
touch.’ But on another level, that answer is
inadequate. What exactly are we supposed to
do?” —Dan Pink, A Whole New Mind
Design.
Story.
Symphony.
Empathy.
Play.
Source: Dan Pink, A Whole New Mind
Not just function, but also … DESIGN.
Not just argument, but also … STORY.
Not just focus, but also … SYMPHONY.
Not just logic, but also … EMPATHY.
Not just seriousness, but also … PLAY.
Source: Dan Pink, A Whole New Mind
Dennis
Littky
“Thousands of years of history suggest that the
schoolhouse as we know it is an absurd way to rear our
young; it’s contrary to everything we know about what
it is to be a human being. For example, we know that
doing and talking are what most successful people are
very good at—that’s where they truly show their stuff.
We know that reading and writing are important, but
also that these are things that only a small and
specialized group of people is primarily good at doing.
And yet we persist in a form of schooling that measures
our children’s ‘achievement’ largely in the latter terms,
not the former … and sometimes through written tests
alone.” —Deborah Meier, Foreword to Dennis Littky’s The Big Picture
The Real Goals of Education/Dennis Littky/The Big Picture
*Be lifelong learners
*Be passionate
*Be ready to take risks
*Be able to problem solve and think critically
*Be able to look at things differently
*Be able to work independently and with others
*Be creative
*Care and want to give back to their community
*Persevere
*Have integrity and self-respect
*Have moral courage
*Be able to use the world around them well
*Speak well, write well, read well, and work wel with numbers
*AND TRULY ENJOY THEIR LIFE AND WORK
“What we want to see is
the child in pursuit of
knowledge, and not
knowledge in pursuit of
the child.” —George Bernard Shaw
“Teaching is
listening.
Learning is
talking.”
—Message painted on a Met
advisor’s truck by his students (from Dennis Littky, The Big Picture)
“We have plenty of
people who can teach
what they know, but
very few who can teach
their own capacity to
learn.”
—Joseph Hart, educator
“From the media, we hear these great tearjerker stories
of kids who succeeded despite the odds. But all of our
kids are facing the odds of an education system that is
all wrong. The odds are against them because the
system works against them instead of with them. … I
see it every day: kids who people have dismissed as
‘dumb in math’ or ‘uninterested in science’ or
‘nonreaders’ doing incredible things in these exact
same areas because they were (finally) allowed to start
with something they were already interested in. A 9thgrade kid who ‘hates science’ sees a movie about
freezing people, then decides to read a college biology
text on cryogenics, and then gives a presentation on it
that blows your socks off.” —Dennis Littky, The Big Picture
Short Takes!
The
Education
Fiasco
Brand Talent+:
FES/NOV2001: New
Work. New Education.
The Twain Must
Meet.
TP Mood
Anger.
Despair.
Hopelessness.
Losing the War
to Bismarck
(and Rockefeller)
J. D. Rockefeller’s General Education Board
(1906):
“In our dreams people
yield themselves with
perfect docility to our
molding hands. … The task is
simple. We will organize children and teach
them in a perfect way the things their fathers
and mothers are doing in an imperfect way.”
John Taylor Gatto, A Different Kind of Teacher
“My wife and I went to a [kindergarten] parent-teacher
conference and were informed that our budding
refrigerator artist, Christopher, would be receiving a
grade of Unsatisfactory in art. We were shocked. How
could any child—let alone our child—receive a poor
His teacher
informed us that he had refused to
color within the lines, which was a
state requirement for
demonstrating ‘grade-level motor
skills.’ ”
grade in art at such a young age?
Jordan Ayan, AHA!
“How many artists are there in the room? Would you please raise
your hands. FIRST GRADE: En masse the children leapt from
their seats, arms waving. Every child was an artist. SECOND
GRADE: About half the kids raised their hands, shoulder high, no
higher. The hands were still. THIRD GRADE: At best, 10 kids out
of 30 would raise a hand, tentatively, self-consciously. By the
time I reached SIXTH GRADE, no more than one or two kids
raised their hands, and then ever so slightly, betraying a fear of
being identified by the group as a ‘closet artist.’ The point is:
Every school I visited was participating
in the suppression of creative genius.”
Gordon MacKenzie, Orbiting the Giant Hairball: A Corporate Fool’s Guide to Surviving with Grace
An Unnatural
Way to
“Learn”
Schools’ “Kafka-like rituals”: “enforce sensory
deprivation on classes of children held in
featureless rooms … sort children into rigid
categories by the use of fantastic measures such as
age-grading, or standardized test scores … train
children to drop whatever they are occupied with
and to move as a body from room to room at the
sound of a bell, buzzer, horn, or klaxon … keep
children under constant surveillance, depriving
them of private time and space …
John Taylor Gatto, A Different Kind of Teacher
Kafka-like rituals (cont.): “assign children
numbers constantly, feigning the ability to
discriminate qualities quantitatively … insist
that every moment of time be filled with lowlevel abstractions … forbid children their own
discoveries, pretending to possess some vital
secret to which children must surrender their
active learning time to acquire.”
John Taylor Gatto, A Different Kind of Teacher
Doing Stuff
that Matters!
“During the first years of
life, youngsters all over
the world master a
breathtaking array of
competences with little
formal tutelage.”
Howard Gardner, The Unschooled Mind
The Learner’s Manifesto
The brain is always learning.
Learning does not require coercion.
Learning must be meaningful.
Learning is incidental.
Learning is collaborative.
The consequences of worthwhile learning
are obvious.
Learning always involves feelings.
Learning must be free of risk.
Frank Smith, Insult to Intelligence
“Really bright
kids who just
needed to get
excited” —teacher, Oakley
School
Tom’s Edu3M
Manifesto*
*Manifesto for Education in the 3rd Millennium
Education3M
Learning is a normal state.
Children are learnavores.
Prodigious feats of learning are common as dirt.
[Watch an H.S. QB studying game film.]
We learn at different rates.
We learn in different ways.
Boys and girls learn [very] differently.
In a class of 25, there are 25 different trajectories.
Learning in 40-minutes blocks is bullshit.
Learning for tests is utterly insane.
There are numerous rigorous evaluation schemes,
of which testing is but one—and abnormal, by “real
world” standards.
Education3M
We learn most/fastest/most completely when we
are passionate about what we are learning and it
matters to us. [Salience rules!]
Think EBI/LBI: Education by Interest/
Learning by Internship.
Classrooms are abnormal places.
We need changes of pace. [Japanese recesses after each
class.]
International test scores are not correlated with
hours-per-year in class.
Big classes are slightly problematic. Big schools
suck. Period.
Education3M
“All this”—the right stuff—fits the NWW/New World
of Work hand-in-glove. [NWW = Age of Creativity.]
U.S. schools circa 2001 are a vestige of the
Prussian-Fordist model, more interested in shaping
behavior than stoking the fires of lifelong learning.
Cutting art-music budgets is truly dumb.
Learning is a matter of Intensity of Engagement, not
elapsed time. [Aargh: 11 minutes on the Battle of Gettysburg.]
Teachers need enough space-time-flexibility to get
to know kids as individuals.
Scientific discovery processes and the teaching of
science are utterly at odds. [Exploration vs. spoon-feeding.]
Education3M
Our toughest “learning achievement”—
mastering our native language—does not
require schools, or even competent parents. [It
does require a desperate need-to-know.]
Great teachers are great learners, not impartersof-knowledge.
Great teachers ask great questions—that launch
kids on lifelong quests.
The world is not about “right” & “wrong”
answers; it is about the pursuit of increasingly
sophisticated questions—just ask a ski
instructor or neurosurgeon.
Education3M
Most schools spend most of their time setting
up contexts in which kids learn not to like
particular subjects. [Evidence shows that such antilearning sticks!]
Vigorous exploration is normal … until you are
incarcerated in a school.
“Bite size” education-learning is neither
education nor learning.
Learning takes place rapidly on the cheerleading
squad, the football team, the school newspaper,
the drama club, at the after-class job--just not in
the hyper-structured classroom.
Education3M
The “school reform” “movement” is a giant step …
backwards … embracing the Prussian-Fordist
paradigm with renewed vigor—at exactly the
wrong time.
There are large numbers of superb schools, superb
principals, superb teachers; sadly, they not only fail
to infect the [largely timid] rest, but are ordinarily
supplanted by wusses & wimps.
Alas, the teaching profession does not ordinarily
attract “cool dudes & dudettes.”
Schools of “education” should by and large have
their charters revoked.
Education3M
Stability is dead; “education” must
therefore “educate” for an unknowable,
ambiguous, changing future; thence,
learning to learn & change is far more
important than mastery of a static
body of “facts.”
“Education” must “develop in youth the
capabilities for engaging in intense concentrated
involvement in an activity.” [James Coleman, 1974.]
[Hint: It doesn’t.] [Hint: Understatement.]
“The boys who made the
best ‘Grotties’ usually
turned out to be nonentities
later; boys who hated
Groton did much better.”
FDR biographer John Gunther (quoted in Whoever Makes the
Most Mistakes Wins, Richard Farson & Ralph Keyes)
“Fail .
Forward.
Fast.”
High Tech CEO, Pennsylvania
Read This!
Whoever
Makes the Most
Mistakes Wins: The
Paradox of Innovation
Richard Farson & Ralph Keyes:
Ye gads: “Thomas Stanley has not only found no
correlation between success in school and an
ability to accumulate wealth, he’s actually found
a negative correlation. ‘It seems that schoolrelated evaluations are poor predictors of
economic success,’ Stanley concluded. What did
predict success was a willingness to take risks.
Yet the success-failure standards of most
schools penalized risk takers. Most educational
systems reward those who play it safe. As a
result, those who do well in school find it hard to
take risks later on.”
Richard Farson & Ralph Keyes, He Who Makes the Most Mistakes Wins
Short Takes!
Quests!
“Ninety percent of what
we call ‘management’
consists of making it
difficult for people to get
things done.” – P.D.
“I don’t
know.”
Organizing Genius / Warren Bennis and Patricia
Ward Biederman
“Groups become great only when
everyone in them, leaders and
members alike, is free to do his or her
absolute best.”
“The best thing a leader can do for a
Great Group is to allow its members to
discover their greatness.”
Leaders-Teachers Do Not “Transform People”!
Instead leaders-mentors-teachers (1) provide a
context which is marked by (2) access to a luxuriant
portfolio of meaningful opportunities (projects) which
(3) allow people to fully (and safely, mostly—caveat: “they”
don’t engage unless they’re “mad about something”) express
their innate curiosity and (4) engage in a vigorous
discovery voyage (alone and in small teams, assisted by an
extensive self-constructed network) by which those people
(5) go to-create places they (and their mentors-teachersleaders) had never dreamed existed—and then the
leaders-mentors-teachers (6) applaud like hell, stage
“photo-ops,” and ring the church bells
100 times to commemorate the bravery of their
“followers’ ” explorations!
“Firms will not ‘manage the
careers’ of their employees. They
will provide opportunities to
enable the employee to develop
identity and adaptability and
thus be in charge of his or her
own career.”
Tim Hall et al., “The New Protean Career Contract”
Short Takes!
China
Roars!
TomPeters/01.01.2004
“China has become a manufacturing hub for the rest
of the world in low-end labor-intensive goods—and
the rest of the world is becoming a manufacturing
hub for China in high-end, capital-intensive goods. …
China may be a threat to certain parts of the global
supply chain that rely on low-cost labor, but it
represents an even greater opportunity via
production-efficiency gains, economic welfare gains
and long-term dynamic potential. Its booming exports
are more than matched by booming industrial imports
and foreign investment opportunities. It has become
the new engine of global growth.”
Source: Glen Hodgson & Mark Worrall/Export Development Canada, in “China Takes
Off,” David Hale & Lyric Hughes Hale/Foreign Affairs/Nov-Dec2003
1990-2003: Exports 8X
($380B); 6% global exports
2003 vs. 3.9% 2000; 16% of
Total Global Growth in 2002.
Source: “China Takes Off,” David Hale & Lyric Hughes Hale/Foreign
Affairs/Nov-Dec2003
1998-2003: 45,000,000 layoffs in
state sector; offset by $450B in
foreign investment; foreign
companies account for 50+%
of exports vs. 31% in Mexico,
15% in Korea.
Source: “China Takes Off,” David Hale & Lyric Hughes Hale/Foreign
Affairs/Nov-Dec2003
50% of output from private
firms, 37% from state-owned
firms; 80% of workforce
(incl. rural) now in private
employ.
Source: “China Takes Off,” David Hale & Lyric Hughes
Hale/Foreign Affairs/Nov-Dec2003
Population growth = 1%;
two-thirds of housing
privately owned, 90% of
urban Chinese own a home
(vs. 61% in Japan)
Source: “China Takes Off,” David Hale & Lyric Hughes Hale/Foreign
Affairs/Nov-Dec2003
200 cities with
>1,000,000
population.
Source: “China Takes Off,” David Hale & Lyric Hughes
Hale/Foreign Affairs/Nov-Dec2003
200,000,000 unemployed; must
create 20,000,000 jobs per year
to offset layoffs; 400,000,000
elderly Chinese by 2030
(currently no pension funds).
Source: “China Takes Off,” David Hale & Lyric Hughes
Hale/Foreign Affairs/Nov-Dec2003
397,000,000 fixed phone
lines =
90X since 1989.
Source: “China Takes Off,” David Hale & Lyric Hughes Hale/Foreign
Affairs/Nov-Dec2003
2003: China-Hong Kong leading
producer in 8 of 12 key consumer
electronic product areas (>50%:
DVDs, digital cameras; >33.33%:
DVD-ROM drives, personal
desktop and notebook computers;
>25% mobile phones, color TVs,
PDAs, car stereos).
Source: “China Takes Off,” David Hale & Lyric Hughes
Hale/Foreign Affairs/Nov-Dec2003
“When the Chinese
Consumer Is King:
America’s mass market
is second to none.
Someday it will just be
second.”
—Headline, New York Times/12.14.2003
World economic
output: U.S.A., 21%;
EU, 16%; China, 13%
(2X since1991)
Source: New York Times/12.14.2003
“America, like everyone else, must get
used to being a loser as well as a gainer
in the global economy. In the end, the
21st century is unlikely to be the American
Century.” —”When the Chinese Consumer Is King”/New
York Times/12.14.2003.
“The notion that God
intended Americans to be permanently
wealthier than the rest of the world,
that gets less and less likely as time
goes on.” —Robert Solow, Nobel laureate in
economics/New York Times/12.14.2003
Short Takes!
The Breaking of Nations:
Order and Chaos in the
Twenty-first Century
A book by Robert Cooper (interpreted by Tom
Peters/01.11.2004)
“This is a dangerous world and
it is going to become more
dangerous.”
“We may not be interested in
chaos but chaos is interested
in us.”
Source: Robert Cooper, The Breaking of Nations:
Order and Chaos in the Twenty-first Century
“What happened after 1945
was not so much a radically
new system as the
concentration and culmination
of the old one.” —Robert Cooper, on the Cold
War, from The Breaking of Nations: Order and Chaos in the
Twenty-first Century
“What has been emerging into the
daylight since 1989 is not a
rearrangement of the old system
but a new system. Behind this lies
a new form of statehood, or at
least states that are behaving in a
radically different way from the
past.” —Robert Cooper, The Breaking of Nations: Order
and Chaos in the Twenty-first Century
“The image of peace and order through a
single hegemonic power center [is
wrong]. … It was not the empires but the
small states that proved to be a dynamic
force in the world. Empires are lldesigned for promoting change. Holding
an empire together requires an
authoritarian political style; innovation
leads to instability.” —Robert Cooper, The
Breaking of Nations: Order and Chaos in the Twenty-first
Century
Read
This!
“The new century risks being overrun by both anarchy and technology. The
two great destroyers of history may reinforce each other. Both the spread of
terrorism and that of weapons of mass destruction point to a world in which
Western governments are losing control. The spread of the technology of
mass destruction represents a potentially massive redistribution of power
away from the advanced industrial (and democratic) states and toward
smaller states that may be less stable and have less of a stake in an orderly
world; or more dramatically still, it may represent a redistribution of power
away from the state itself and towards individuals, that is to say terrorists or
criminals. In the past to be damaging, an ideological movement had to be
widespread to recruit enough support to take on authority. Henceforth,
comparatively small groups will be able to do the sort of damage which before
only state armies or major revolutionary movements could achieve. A few
fanatics with a ‘dirty bomb’ or biological weapons will be able to cause death
on a scale not previously envisaged. … Emancipation, diversity, global
communication—all of the things that promise an age of riches and
creativity—could also bring a nightmare in which states lose control of the
means of violence and people lose control of their futures.”—Robert Cooper,
The Breaking of Nations: Order and Chaos in the Twenty-first Century
Reflect.
“The two systems—the
modern based on balance
and the post-modern based
on openness—do not coexist well together.” —Robert Cooper,
The Breaking of Nations: Order and Chaos in the Twenty-first
Century
“Before we can talk about the
security requirements for today
and tomorrow, we have to
forget the security rules
of yesterday.”
—Robert Cooper, The
Breaking of Nations: Order and Chaos in the Twenty-first
Century
TP: Reflect.
Honor.
Destroy.
Short Takes!
“In the modern military, risk is
anathema to rising stars, who
cannot afford any slip-ups on
their records. ‘Zero defects’ and
‘zero tolerance’ are common
bywords.”—Newsweek/09.16.02
“Rumsfeld values
mavericks and tries
to protect and
promote them.” —
Newsweek/ 09.16.02
No Wiggle Room!
“Incrementalism
is innovation’s
worst enemy.”
Nicholas Negroponte
Just Say No …
“I don’t intend to be
known as the ‘King of
the Tinkerers.’ ”
CEO, large financial services company
(New York, 5-99)
Eglin Flag: “100% AGAINST
ZERO DEFECTS”
“General, if you’re not having
accidents, your training program is
not what it should be. … You need
to kill some pilots.”
BOYD: The Fighter Pilot Who Changed
the Art of War (Robert Coram)
Short Takes!
Tom Peters’
Vision21
Los Angeles/10.18.2002
1. We Are in a …
Brawl with
No Rules.
“We are in a
brawl with no
rules.”
Paul Allaire
“If you don’t like
change, you’re
going to like
irrelevance even
less.” —General Eric Shinseki, Chief of
Staff, U. S. Army
“There’s going to be a
fundamental change in the
global economy unlike
anything we have had since
the cavemen began bartering.”
Arnold Baker, Chief Economist,
Sandia National Laboratories
<1000A.D.: paradigm shift: 1000s of years
1000: 100 years for paradigm shift
1800s: > prior 900 years
1900s: 1st 20 years > 1800s
2000: 10 years for paradigm shift
21st century:
1000X
tech
change than 20th century (“the ‘Singularity,’ a merger between
humans and computers that is so rapid and profound it
represents a rupture in the fabric of human history”)
Ray Kurzweil
“IT MAY SOMEDAY BE SAID THAT THE 21ST
CENTURY BEGAN ON SEPTEMBER 11, 2001. …
“Al-Qaeda represents a new and
profoundly dangerous kind of
organization—one that might be called
a ‘virtual state.’ On September a virtual state
proved that modern societies are vulnerable as
never before.”—Time/09.09.2002
“The deadliest strength of America’s new adversaries
is their very fluidity, Defense Secretary Donald
Rumsfeld believes. Terrorist networks, unburdened by
fixed borders, headquarters or conventional forces, are
free to study the way this nation responds to threats
and adapt themselves to prepare for what Mr. Rumsfeld
is certain will be another attack. …
“ ‘Business as usual won’t do it,’ he said.
His answer is to develop swifter, more
lethal ways to fight. ‘Big institutions aren’t
swift on their feet in adapting but rather
ponderous and clumsy and slow.’ ”—The
New York Times/09.04.2002
“Dawn Meyerreicks, CTO of the Defense Intelligence Systems
Agency, made one of the most fateful military calls of the 21st century. After
9/11 … her office quickly leased all the available transponders covering
Central Asia. The implications should change everything about U.S. military
thinking in the years ahead.
“The U.S. Air Force had kicked off its fight against the Taliban with an
ineffective bombing campaign, and Washington was anguishing over whether
to send in a few Army divisions. Donald Rumsfeld told Gen. Tommy Franks to
give the initiative to 250 Special Forces already on the ground. They used
satellite phones, Predator surveillance drones, and GPS- and laser-based
targeting systems to make the air strikes brutally effective.
“In effect, they ‘Napsterized’ the battlefield by cutting out the
middlemen (much of the military’s command and control) and
working directly with the real players. … The data came in so fast that
HQ revised operating procedures to allow intelligence analysts and attack
planners to work directly together. Their favorite tool, incidentally, was instant
messaging over a secure network.”—Ned Desmond/“Broadband’s New Killer
App”/Business 2.0/ OCT2002
2. TECHNICOLOR
TIMES! (Passion
Moves Mountains!)
“There’s no use trying,” said Alice.
“One can’t believe impossible things.”
“I daresay you haven’t had much
practice,” said the Queen. “When I was
your age, I always did it for half an
hour a day. Why, sometimes I’ve
believed as many as six impossible
things before breakfast.”
Lewis Carroll
“Don’t rebuild.
Reimagine.”
The New York Times Magazine on the future of
the WTC space in Lower Manhattan/09.08.2002
3. DESTRUCTION
RULES!
Forbes100 from 1917 to 1987: 39
members of the Class of ’17 were alive
in ’87; 18 in ’87 F100; 18 F100
“survivors” underperformed the market
by 20%; just 2 (2%), GE & Kodak,
outperformed the market 1917 to 1987.
Source: Dick Foster & Sarah Kaplan, Creative Destruction: Why
Companies That Are Built to Last Underperform the Market
“Good management was the most
powerful reason [leading firms] failed
to stay atop their industries. Precisely
because these firms listened to their customers,
invested aggressively in technologies that would
provide their customers more and better
products of the sort they wanted, and because
they carefully studied market trends and
systematically allocated investment capital to
innovations that promised the best returns, they
lost their positions of leadership.”
Clayton Christensen, The Innovator’s Dilemma
“The corporation as we know it,
which is now 120 years old, is
not likely to survive the
next 25 years. Legally and
financially, yes, but not
structurally and economically.”
Peter Drucker, Business 2.0 (08.00)
The [New] Ge Way
DYB.com
4. “Kaizen”
(Continuous Improvement)
Is Very …
Dangerous … Stuff.
“Incrementalism
is innovation’s
worst enemy.”
Nicholas Negroponte
Just Say No …
“I don’t intend to be
known as the ‘King of
the Tinkerers.’ ”
CEO, large financial services company
(New York, 5-99)
5. Forget It!
(“Learning” = Easy.
“Forgetting” =
Nigh on
Impossible.)
Forget>“Learn”
“The problem is never how
to get new, innovative
thoughts into your mind,
but how to get the old
ones out.”
Dee Hock
“The organizations we created have
become tyrants. They have taken
control, holding us fettered, creating
barriers that hinder rather than help
our businesses. The lines that we
drew on our neat organizational
diagrams have turned into walls
that no one can scale or penetrate
or even peer over.” —Frank Lekanne Deprez &
Rene Tissen, Zero Space: Moving Beyond Organization Limits.
6. Innovation Is Easy: Hang Out
with Freaks.
(Employees, Board
Members, Customers,
Suppliers, Alliance Partners,
Consultants.)
Saviors-in-Waiting
Disgruntled Customers
Upstart Competitors
Rogue Employees
Fringe Suppliers
Wayne Burkan, Wide Angle Vision
7. Action …
ALWAYS … Takes
Precedence.
The Kotler Doctrine:
1965-1980: R.A.F.
(Ready.Aim.Fire.)
1980-1995: R.F.A.
(Ready.Fire!Aim.)
1995-????: F.F.F.
(Fire!Fire!Fire!)
8. Screwups are
… the … Mark of
Excellence.
“Reward
excellent
failures. Punish
mediocre successes.”
Phil Daniels, Sydney exec (and, de facto, Jack)
9. TALENT
TIME! (He/She Who
Has the Best “Roster”
Rules!)
From “1, 2 or you’re out” [JW]
to …
“Best Talent in each
industry segment to build
best proprietary
intangibles” [EM]
Source: Ed Michaels, War for Talent (05.17.00)
25/8/53*
(*Damn it!)
10. Diversity’s
Hour Is Now!
“Diversity defines the health
and wealth of nations in a new
century. Mighty is the mongrel. The hybrid is hip.
The impure, the mélange, the adulterated, the
blemished, the rough, the black-and-blue, the mixand-match – these people are inheriting the earth.
Mixing is the new norm. Mixing trumps isolation. It
spawns creativity, nourishes the human spirit, spurs
economic growth and empowers nations.”
G. Pascal Zachary, The Global Me:
New Cosmopolitans and the Competitive Edge
SHE
11.
… Is
the Best Leader!
“AS LEADERS, WOMEN
RULE: New Studies find
that female managers
outshine their male
counterparts in almost
every measure”
Title, Special Report, Business Week, 11.20.00
Women’s Strengths Match New Economy
Imperatives: Link [rather than rank] workers;
favor interactive-collaborative leadership style
[empowerment beats top-down decision making];
sustain fruitful collaborations; comfortable with
sharing information; see redistribution of power
as victory, not surrender; favor multi-dimensional
feedback; value technical & interpersonal skills,
individual & group contributions equally; readily
accept ambiguity; honor intuition as well as pure
“rationality”; inherently flexible; appreciate
cultural diversity
Source: Judy B. Rosener, America’s Competitive Secret:Women Managers
eALL.
12.
(IS/IT:
Half-way = No Way.)
square feet
“Ebusiness is about rebuilding
the organization from the
ground up. Most companies today
are not built to exploit the Internet.
Their business processes, their
approvals, their hierarchies, the
number of people they employ … all of
that is wrong for running an
ebusiness.”
Ray Lane, Kleiner Perkins
13. The … WHITECOLLAR REVOLUTION
… Will Devour
Everything in Its Path.
E.g. …
Jeff Immelt: 75% of “admin, back
room, finance” “digitalized” in
years.
Source: BW (01.28.02)
IBM’s Project
eLiza!*
* “Self-bootstrapping”/ “Artilects”
14. Take Charge of
Your Destiny!
BrandYou Moment!
DISTINCT … OR
EXTINCT!
“If there is nothing
very special about
your work, no matter how
hard you apply yourself, you
won’t get noticed, and that
increasingly means you won’t
get paid much either.”
Michael Goldhaber, Wired
Brand You, Big Time!
I AM AN
ARMY OF
ONE
“Unless mankind redesigns
itself by changing our DNA
through altering our genetic
makeup, computergenerated robots will take
over the world.” – Stephen
Hawking, in the German magazine Focus
15. SHOW
UP! (If You Care,
You’re There.)
16. YOUR
CALENDAR KNOWS
ALL.
(You = Calendar.)
“To
Don’t ”
List
Danger:
S.I.O.
(Strategic
Initiative Overload)
17. Management
Role 1:
GET OUT OF
THE WAY. (Clear the Way.)
(“Manager” = Hurdle Removal
Professional.)
“Ninety percent of what
we call ‘management’
consists of making it
difficult for people to get
things done.” – P.D.
18. Avoid the …
Epitaph
from Hell.
Joe J. Jones
1942 – 2002
HE WOULDA DONE SOME
REALLY COOL STUFF
BUT …
HIS BOSS WOULDN’T
HIM!
LET
19. WHAT MATTERS IS
STUFF THAT
MATTERS.
“I never, ever thought of myself
I was
interested in creating
things I would be
proud of.” —Richard Branson
as a businessman.
“Create a
‘cause,’ not a
‘business.’ ”
G.H.:
20. DISPENSE
ENTHUSIASM
!
BZ: “I am a …
Dispenser of
Enthusiasm!”
“A leader is a
dealer in
hope.”
Napoleon
(+TP’s writing room pics)
21. LOVE THE
MESS!
SHOOT FOR THE
STARS!
“Let’s make a
dent in the
universe.”
Steve Jobs
The greatest danger
for most of us
is not that our aim is
too high
and we miss it,
but that it is
too low
and we reach it.
Michelangelo
“If things seem
under control,
you’re just not
going
fast enough.”
Mario Andretti
Short Takes!
Tom Peters’
The
Talent50
02.20.2003
“If you don’t like
change, you’re going
to like irrelevance
even less.” —General Eric
Shinseki, Chief of Staff, U. S. Army
“IT MAY SOMEDAY BE SAID THAT THE 21ST
CENTURY BEGAN ON SEPTEMBER 11, 2001. …
“Al-Qaeda represents a new and
profoundly dangerous kind of
organization—one that might be called
a ‘virtual state.’ On September 11 a virtual
state proved that modern societies are
vulnerable as never before.”—Time/09.09.2002
“The deadliest strength of America’s new adversaries
is their very fluidity, Defense Secretary Donald
Rumsfeld believes. Terrorist networks, unburdened by
fixed borders, headquarters or conventional forces, are
free to study the way this nation responds to threats
and adapt themselves to prepare for what Mr. Rumsfeld
is certain will be another attack. …
“ ‘Business as usual won’t do it,’ he said. His
answer is to develop swifter, more lethal ways to
fight. ‘Big institutions aren’t swift on their feet in
adapting but rather ponderous and clumsy and
slow.’ ”—The New York Times/09.04.2002
From:
To:
Weapon v.
Weapon
Org structure v.
Org structure
“Our military structure
today is essentially one
developed and
designed by
Napoleon.”
Admiral Bill Owens, former Vice Chairman, Joint Chiefs of Staff
Eric’s Army
Flat.
Fast.
Agile.
Adaptable.
Light … But Lethal.
Talent/ “I Am An Army Of One.”
Info-intense.
Network-centric.
1. People
First!
“When land was the scarce
resource, nations battled
over it. The same is
happening now for
talented people.”
Stan Davis & Christopher Meyer, futureWEALTH
Talent!
Tina Brown: “The
first thing
to do is to hire enough
talent that a critical mass
of excitement starts to
grow.”
Source: Business2.0/12.2002-01.2003
Whoops: Jack
didn’t have a vision!*
*GE = “Talent Machine” (Ed Michaels)
2. Soft Is
Hard.
“Soft” Is
“Hard”
- ISOE
3. FUNDAMENTAL
PREMISE: We Are in an
Age
of Talent/ Creativity/
Intellectual-capital
Added.
Age of Agriculture
Industrial Age
Age of Information Intensification
Age of Creation Intensification
Source: Murikami Teruyasu, Nomura Research Institute
Experience: “Rebel Lifestyle!”
“What we sell is the ability for
a 43-year-old accountant to
dress in black leather, ride
through small towns and have
people be afraid of him.”
Harley exec, quoted in Results-Based Leadership
WHAT CAN BROWN DO FOR YOU?
4. Talent
“Excellence” in
Every Part of the
Organization.
5. P.O.T./
Pursuit Of
Talent =
OBSESSION.
Model
25/8/53
Sports Franchise GM*
*48 = $500M
“The leaders of Great
Groups love talent and know
where to find it. They revel in
the talent of others.”
Warren Bennis & Patricia Ward Biederman,
Organizing Genius
PARC’s Bob Taylor:
“Connoisseur
of Talent”
Les Wexner: From
sweaters to people!
6. Talent Masters
Understand Talent’s
Intangibles.
Visibly energetic/ Passionate/ Enthusiastic … about
everything.
Engaging/ Inspires others. (Inspires the
interviewer!)
Loves messes & pressure.
Impatient/ Action fanatic.
A finisher.
Exhibits: Fat “WOW Project” Portfolio. (Loves to talk about
her work.)
Smart.
Curious/ Eclectic interests/ A little (or more) weird.
Well-developed sense of humor/ Fun to be around.
******
No. 1 re bosses: Exceptional talent selection & development
record. (Former co-workers: “Did you visibly grow while
working with X?” / “How has the department/team grown
on a ‘world-class’ scale during X’s tenure?”)
7. HR Is
“Cool.”
Chicago
November 1999:
HRMAC
“support function” / “cost
center” / “bureaucratic
drag”
or …
Are you “Rock
Stars of the
Age of Talent”
Have you
changed
civilization
today?
Source: HP banner ad
8. HR Sits at
The Head
Table.
DD$21M
9. Re-name
“HR.”
Talent
Department
People Department
Center for Talent Excellence
Seriously Cool People Who Recruit
& Develop Seriously Cool People
Etc.
10. There Is
an “HR
Strategy.”
11. There Is a
FORMAL
Recruitment
Strategy.
The NFL
Standard!
12. There Is a
FORMAL Leadership
Development
Strategy.
13. There is a
“World Class”
Leadership
Development
CENTER.
DD: 0 to 60 in a
flash (months)
14. There Is a
FORMAL STRATEGIC
HR Review Process.
15. The “Top100,”
and Every Unit’s
Top10, Are
Consciously
Managed.
“In most companies, the Talent Review
Process is a farce. At GE, Jack Welch and
his two top HR people visit each division
for a day. They review the top 20 to 50
people by name. They talk about Talent
Pool strengthening issues. The Talent
Review Process is a contact sport at GE; it
has the intensity and the importance of the
budget process at most companies.”—Ed
Michaels
16. “People”/
Talent” Reviews
Are the FIRST
Reviews.
17.
HR Strategy =
Business Strategy.
18. Make it a
“Cause Worth
Signing Up For.”
“Create a
‘cause,’ not a
‘business.’ ”
G.H.:
Leaders don’t just make products
and make decisions.
Leaders make
meaning.
– John Seeley Brown
19. Set Sky
High
Standards.
From “1, 2 or you’re out” [JW]
to …
“Best Talent in each
industry segment to build
best proprietary
intangibles” [EM]
Source: Ed Michaels, War for Talent
20. Enlist
Everyone in
Challenge
Century21.
“If there is nothing
very special about
your work, no matter how
hard you apply yourself, you
won’t get noticed, and that
increasingly means you won’t
get paid much either.”
Michael Goldhaber, Wired
108 X 5
vs.
8X1
= 540 vs. 8 (-98.5%)
IBM’s Project
eLiza!*
* “Self-bootstrapping”/ “Artilects”
E.g. …
Jeff Immelt: 75% of “admin, back
room, finance” “digitalized” in
years.
Source: BW (01.28.02)
BW Cover/02.2003
“IS YOUR JOB NEXT? A
New Round of GLOBALIZATION Is
Sending Upscale Jobs Offshore.
They Include Chip Design, Basic
Research—even Financial
Analysis. Can America Lose These
Jobs and Still Prosper?”
21. Pursue
the Best!
“Differentiation is all about being
extreme, rewarding the best and
weeding out the ineffective. … You
build strong teams by treating
individuals differently. Just look at
the way baseball teams pay 20game winning pitchers and 40-plus
homerun hitters.”—Jack Welch
“best person in
the world” —Arthur
Blank
22. Up or
Out.
“We believe companies can increase their
market cap 50 percent in 3 years. Steve
changed 20 of
his 40 box plant managers to put
more talented, higher paid
managers in charge. He increased
Macadam at Georgia-Pacific
profitability from $25 million to $80 million
in 2 years.”
Ed Michaels, War for Talent
Message: Some
people are
better than other
people. Some people
are a helluva lot
better than other
people.
23. Ensure that
the Review
Process Has
INTEGRITY.
25 = 100*
* “But what do I do that’s more important than developing
people? I don’t do the damn work. They do.”
24. Fork
Over!
“Top performing companies are
two to four times more likely
than the rest to pay
what
it takes to prevent losing
top performers.”
Ed Michaels, War for Talent (05.17.00)
25. Training I:
Train! Train!
Train!
3 Weeks in May
“Training” & Prep: 187
“Work”: 41
(“Other”: 17)
1%
vs.
367%
Divas do it. Violinists do it.
Sprinters do it. Golfers do it.
Pilots do it. Soldiers do it.
Surgeons do it. Cops do it.
Astronauts do it. Why don’t
businesspeople do it?
“Knowledge becomes obsolete
incredibly fast. The
continuing professional
education of adults is the
No. 1 industry in the next 30
years … mostly on line.”
Peter Drucker,
Business 2.0 (22August2000)
Edward Jones’ Training Machine*
146 hours/employee/year
New hires: 4X avg.
3.8% of payroll
* #1, “The 100 Best Companies To Work
For”/Fortune/01.2003
26. Training II:
100% “Business
People.”
27. Training III:
100%
LEADERS.
“I start with the
premise that the
function of leadership
is to produce more
leaders, not more
followers.”—Ralph Nader
Brand You, Big Time!
I AM AN
ARMY OF
ONE
28. Training IV:
Boss as Trainerin-Chief.
Workout = 24
DPY in the
Classroom
29. Open
Communication I:
NO BARRIERS.
“The organizations we created have
become tyrants. They have taken
control, holding us fettered, creating
barriers that hinder rather than help
our businesses. The lines that we
drew on our neat organizational
diagrams have turned into walls
that no one can scale or penetrate
or even peer over.” —Frank Lekanne Deprez &
Rene Tissen, Zero Space: Moving Beyond Organization Limits.
“Dawn Meyerreicks, CTO of the Defense Intelligence Systems Agency, made
one of the most fateful military calls of the 21st century. After 9/11 … her office
quickly leased all the available transponders covering Central Asia. The
implications should change everything about U.S. military thinking in the
years ahead.
“The U.S. Air Force had kicked off its fight against the Taliban with an
ineffective bombing campaign, and Washington was anguishing over whether
to send in a few Army divisions. Donald Rumsfeld told Gen. Tommy Franks to
give the initiative to 250 Special Forces already on the ground. They used
satellite phones, Predator surveillance drones, and GPS- and laser-based
targeting systems to make the air strikes brutally effective.
“In effect, they ‘Napsterized’ the battlefield by cutting out the middlemen
(much of the military’s command and control) and working directly with the
real players. … The data came in so fast that HQ revised operating procedures
to allow intelligence analysts and attack planners to work directly together.
Their favorite tool, incidentally, was instant messaging over a secure
network.”—Ned Desmond/“Broadband’s New Killer App”/Business 2.0/
OCT2002
30. Open
Communication II:
Share (ALL)
Information.
m-“On” or Out of the Loop
“Managers in Finland always keep
their phones on. Customers expect
fast reactions. And if you can’t reach a
superior, you make many decisions
yourself—managers who want to
influence decisions of subordinates
must keep their phones open.” —Risto
Linturi, Finnish m-guru, in Howard Rheingold’s Smart
Mobs
31. Respect!
“It was much later that I realized Dad’s
secret. He gained respect by giving it. He
talked and listened to the fourth-grade kids
in Spring Valley who shined shoes the
same way he talked and listened to a
bishop or a college president. He
was
seriously interested in who you
were and what you had to say.”
Sara Lawrence-Lightfoot, Respect
“Leaders are living
individuals whom
employees smell,
feel, touch their
presence.”
#49
32. Embrace
the Whole
Individual.
33. Build
Places of
“Grace.”
“My favorite word is grace –
grace,
saving grace, grace under
fire, Grace Kelly. How we live
whether it’s amazing
contributes to beauty – whether
it’s how we treat other people or
the environment.”
Celeste Cooper, designer
Rodale’s on “Grace” …
elegance … charm …
loveliness … poetry in
motion … kindliness ..
benevolence … benefaction
… compassion … beauty
34. MBWA:
The “Rudy
Rule.”
“The first and greatest
imperative of command
is to be present in
person. Those who
impose risk must be
seen to share it.” —John
Keegan, The Masks of Command
35. Thank
You!
“The deepest human
need to
be appreciated.”
need is the
William James
“The two most powerful things
a kind
word and a
thoughtful
gesture.”
in existence:
Ken Langone, CEO, Invemed Associates [from Ronna
Lichtenberg, It’s Not Business, It’s Personal]
36. Promote for
“people skills.”
(THE REST IS
DETAILS.)
33 Division Titles. 26
League Pennants. 14
World Series: Earl Weaver—0.
Tom Kelly—0. Jim Leyland—0.
Walter Alston—1AB. Tony
LaRussa—132 games, 6 seasons.
Tommy Lasorda—P, 26 games.
Sparky Anderson—1 season.
37. Honor
Youth.
“Why focus on these late teens and twentysomethings? Because they are the first
young who are both in a position to
change the world, and are actually
doing so. … For the first time in history,
children are more comfortable, knowledgeable
and literate than their parents about an
innovation central to society. … The Internet has
triggered the first industrial revolution in history
to be led by the young.”
The Economist [12/2000]
8 Minutes*
—Dr. Sugata Mira, NIIT/ New Delhi/
1999**
*Ignorance to Surfing
**And then there’s oya yubi sedai, the “thumb generation”
38. Provide Early
Leadership
Assignments.
39. Create a
FORMAL System
of Mentoring.
W. L. Gore
Quad/Graphics
40. Diversity!
“Diversity defines the health
and wealth of nations in a new
century. Mighty is the mongrel. The hybrid is hip.
The impure, the mélange, the adulterated, the
blemished, the rough, the black-and-blue, the mixand-match – these people are inheriting the earth.
Mixing is the new norm. Mixing trumps isolation. It
spawns creativity, nourishes the human spirit, spurs
economic growth and empowers nations.”
G. Pascal Zachary, The Global Me:
New Cosmopolitans and the Competitive Edge
CM Prof Richard Florida on
“Creative Capital”: “You cannot
get a technologically
innovative place unless it’s
open to weirdness,
eccentricity and difference.”
Source: New York Times/06.01.2002
“Where do good new ideas come
from? That’s simple! From
differences. Creativity comes
from unlikely juxtapositions.
The best way to maximize differences
is to mix ages, cultures and
disciplines.”
Nicholas Negroponte
Duh!
“We want our associate population to mirror our
customer population at every level, from the executive
suite all the way to the retail floor. In the marketplace,
basically what I want to do is draw a concentric circle
around every one of our 2,300 stores, and I want the
assortment in that store to match the ethnicity of the
neighborhood it’s in. Some neighborhoods are all
Hispanic, so we can put in a full Hispanic format. That’s
what Super Saver is. All the signage is in both
languages. There’s a 100 percent Spanish-speaking
staff in the store.”—Larry Johnston, CEO, Albertson’s
41. WOMEN
RULE.*
*Duh.
“AS LEADERS, WOMEN
RULE: New Studies find
that female managers
outshine their male
counterparts in almost
every measure”
Title, Special Report, Business Week, 11.20.00
“American women possess leadership
abilities that are particularly effective in
today’s organizations, yet their abilities
remain undervalued and underutilized.
In the future, what will distinguish one
organization and one country from
another will be its use of human
resources. Today human resource
utilization is not only a matter of social
justice but a bottom-line issue.”
Judy Rosener, America’s Competitive Secret
Women’s Strengths Match New Economy
Imperatives: Link [rather than rank] workers;
favor interactive-collaborative leadership style
[empowerment beats top-down decision making];
sustain fruitful collaborations; comfortable with
sharing information; see redistribution of power
as victory, not surrender; favor multi-dimensional
feedback; value technical & interpersonal skills,
individual & group contributions equally; readily
accept ambiguity; honor intuition as well as pure
“rationality”; inherently flexible; appreciate
cultural diversity.
Source: Judy B. Rosener, America’s Competitive Secret
“TAKE THIS QUICK QUIZ: Who manages more things
at once? Who puts more effort into their appearance?
Who usually takes care of the details? Who finds it
easier to meet new people? Who asks more
questions in a conversation? Who is a better
listener? Who has more interest in communication
skills? Who is more inclined to get involved?
Who encourages harmony and agreement? Who
has better intuition? Who works with a longer ‘to do’
list? Who enjoys a recap to the day’s events?
Who is better at keeping in touch with others?”
Source: Selling Is a Woman’s Game: 15 Powerful Reasons Why
Women Can Outsell Men, Nicki Joy & Susan Kane-Benson
“Investors are looking more and more
for a relationship with their financial
advisers. They
want someone
they can trust, someone who
listens. In my experience, in general,
women may be better at these
relationship-building skills than are
men.”
Hardwick Simmons, CEO, Prudential Securities
“Thank you”
17 Men: 8
4 Women: 19
“Women speak and hear a language of
connection and intimacy, and men
speak and hear a language of status
and independence. Men communicate
to obtain information, establish their
status, and show independence.
Women communicate to create
relationships, encourage interaction,
and exchange feelings.”
Judy Rosener, America’s Competitive Secret
63 of 2,500 top earners in F500
8% Big 5 partners
14% partners at top 250 law firms
43% new med students; 26% med
faculty; 7% deans
Source: Susan Estrich, Sex and Power
Opportunity!
U.S.
M.Mgt.
41%
T.Mgt.
4%
Peak Partic. Age 45
% Coll. Stud.
52%
G.B. E.U. Ja.
29% 18% 6%
3%
2%
<1%
22
27
19
50% 48% 26%
Source: Judy Rosener, America’s Competitive Secret
Ass Of The Year2002 (?): Maurice Greenberg, A.I.G., on
the Company’s New (All Male) Leadership Team
“In a lot of countries of the world, it
would be very difficult for a woman to
be a good CEO. … I have a
responsibility to do the best we can for
shareholders.” * **
*Source: New York Times/05.05.02
**Wouldn’t you love to watch him tell that … face-toface … to Margaret Thatcher or Carly Fiorina? (I would.)
“Deloitte was doing a great job of hiring highperforming women; in fact, women often earned
higher performance ratings than men in their first
years with the firm. Yet the percentage of women
decreased with step up the career ladder. … Most
women weren’t leaving to raise families; they
had weighed their options in Deloitte’s maledominated culture and found them wanting.
Many, dissatisfied with a culture they perceived as
endemic to professional service firms, switched
professions.”
Douglas McCracken, “Winning the Talent War for Women” [HBR]
“The process of assigning plum
accounts was largely unexamined. …
Male partners made assumptions:
‘I wouldn’t put her on that kind of
company because it’s a tough
manufacturing environment.’ ‘That
client is difficult to deal with.’ ‘Travel
puts too much pressure on women.’ ”
Douglas McCracken, “Winning the Talent War for
Women” [HBR]
Goldsmith College research (UK): Gender
stereotypes re-enforced. Men who extoll
successes rewarded, women not. Men
who face interviewer head on upgraded;
women who look at floor or use sidelong
glances do better. Women who nod
repeatedly do better, not men. Men who
give long answers score well, women who
give short answers do well. (College grads
seeking jobs; HR interviewers—2 M, 2F.)
Source: The Observer/ London/ 01.12.2003
The Core Argument
1. We are in a War for Talent.
2. The war will intensify.
3. Women are under-represented in our leadership
ranks.
4. Women and men are different.
5. Women’s strengths match the New Economy’s
leadership needs—to a striking degree.
6. Women are also the principal purchasers of goods
and services—retail and commercial.
7. Ergo, women are a large part of “the answer” to the
War for Talent issue/opportunity.
42. Diversity Starts
on the Board of
Directors.
“Would Congress [the
Boardroom] be a different
place if half the members
were women?”
From Sex and Power, Susan Estrich
Norwegian Law: Boards must have
at least
women.
43. Hire (&
Protect)
Weird.
enough
weird people in
“Are there
the lab these days?”
V. Chmn., pharmaceutical house, to a lab director (06.01)
The Cracked Ones Let in the Light
“Our business needs a massive
transfusion of talent, and talent, I
believe, is most likely to be found
among non-conformists,
dissenters and rebels.”
David Ogilvy
“Deviance tells
the story of every mass
market ever created. What
Deviants, Inc.
starts out weird and dangerous
becomes America’s next big corporate
payday. So are you looking for the next
mass market idea? It’s out there … way
out there.”
Source: Ryan Matthews & Watts Wacker, Fast Company (03.02)
Saviors-in-Waiting
Disgruntled Customers
Off-the-Scope Competitors
Rogue Employees
Fringe Suppliers
Wayne Burkan, Wide Angle Vision: Beat the Competition by Focusing on
Fringe Competitors, Lost Customers, and Rogue Employees
“Rumsfeld values
mavericks and tries
to protect and
promote them.” —
Newsweek/ 09.16.02
44. Cherish
Boldness!
No Wiggle Room!
“Incrementalism
is innovation’s
worst enemy.”
Nicholas Negroponte
“In the modern military, risk is
anathema to rising stars, who
cannot afford any slip-ups on
their records. ‘Zero defects’ and
‘zero tolerance’ are common
bywords.”—Newsweek/09.16.02
“Reward excellent
failures. Punish
mediocre
successes.”
Phil Daniels, Sydney exec
45. We Are All
Unique.
Beware Lurking HR Types …
One size
NEVER fits all.
One size fits
one. Period.
48 Players =
48 Projects =
48 different success
measures.
46. Bosses
“Win People
Over.”
WHAT AN IDIOT: “Instead
of employees being in the driver’s
seat, now we’re in the driver’s
seat.”
“Coaching
is winning
players over.”
PJ:
47. GOAL:
Voyages of
Mutual
Discovery.
I am inalterably opposed to
“organization change,”
“empowerment,” “motivation.” The
goal: to awaken the latent talent
already within, by providing
opportunities worthy of the
individual’s investment of her or
his most precious resources …
time and emotional commitment.
Leaders-Teachers Do Not “Transform People”!
Instead leaders-mentors-teachers (1) provide a
context which is marked by (2) access to a luxuriant
portfolio of meaningful opportunities (projects) which
(3) allow people to fully (and safely, mostly—caveat: “they”
don’t engage unless they’re “mad about something”) express
their innate curiosity and (4) engage in a vigorous
discovery voyage (alone and in small teams, assisted by an
extensive self-constructed network) by which those people
(5) go to-create places they (and their mentors-teachersleaders) had never dreamed existed—and then the
leaders-mentors-teachers (6) applaud like hell, stage
“photo-ops,” and ring the church bells
100 times to commemorate the bravery of their
“followers’ ” explorations!
“Firms will not ‘manage the
careers’ of their employees. They
will provide opportunities to
enable the employee to develop
identity and adaptability and
thus be in charge of his or her
own career.”
Tim Hall et al., “The New Protean Career Contract”
“H.R.” to “H.E.D.” ???
Human
Enablement
Department
48. Foster
Independence.
“You must realize that how you invest your
human capital matters as much as how you
invest your financial capital. Its rate of return
determines your future options. Take a job for
what it teaches you, not for what it pays.
Instead of a potential employer asking,
‘Where do you see yourself in 5 years?’
you’ll ask, ‘If I invest my mental assets with
you for 5 years, how much will they
appreciate? How much will my portfolio of
career options grow?’ ”
Stan Davis & Christopher Meyer, futureWEALTH
THE rise up and flee
your cubicle STREET
JOURNAL
Adventures in Capitalism
THE I work for a
company called Me
STREET JOURNAL
Adventures in Capitalism
Thriving in 24/7 (Sally Helgesen)
START AT THE CORE. Nimbleness only possible if we
“locate our inner voice,” take regular inventory of
where we are.
LEARN TO ZIGZAG. Think “gigs.” Think lifelong
learning. Forget “old loyalty.” Work on optimism.
CREATE OUR OWN WORK. Articulate your value.
Integrate your passions. I.D. your market. Run your
own business.
WEAVE A STRONG WEB OF INCLUSION. Build your
own support network. Master the art of “looking
people up.”
49.
Enthusiasm!
BZ: “I am a …
Dispenser of
Enthusiasm!”
“A leader is a
dealer in
hope.”
Napoleon
(+TP’s writing room pics)
50. Talent =
Brand.
What’s your company’s …
Employee Value Proposition, per Ed
Michaels et al., The War for Talent
EVP = Challenge,
professional growth,
respect, satisfaction,
opportunity, reward
Source: Ed Michaels et al., The War for Talent
The Top 5 “Revelations”
Better talent wins.
Talent management is my job as leader.
Talented leaders are looking for the moon
and stars.
Over-deliver on people’s dreams – they are
volunteers.
Pump talent in at all levels, from all
conceivable sources, all the time.
Source: Ed Michaels et al., The War for Talent
MantraM3
Talent = Brand
Short Takes!
Tom Peters’
Re-Imagine!
Business Excellence
in a Disruptive Age
REI100/23October2004
Slides at …
tompeters.com
Re-imagine!
Summer 2004:
Not Your Father’s
World I.
“China’s size does not merely
enable low-cost manufacturing; it
forces it. Increasingly, it is what
Chinese businesses and
consumers choose for themselves
that determines how the American
economy operates.” —Ted Fishman/“The
Chinese Century”/
The New York Times Magazine /07.04.04
“When the Silk Road Gets
Paved”/Forbes Global/09.04
Express highways: 168 miles in ’89 …
18,500 in ’03 … 51,000 in ’08 (v. U.S.
Interstate: 46,500)
Implications: $200M Intel plant in
Chengdu (pop. 9.9M); 1/3rd Shanghai
wage rate
International Herald Tribune
p.1/600
foreign R&D labs
in China, 200 new
per year
/09.13.2004:
60,000*
*New factories in China opened by foreigners/2000-2003/
Edward Gresser, Progressive Policy Institute/Wall Street Journal 09.27.04
“Reuters Plans
To Triple Jobs at
Site In India”
—Headline/
New York Times/ World Business/10.08.04/
10% of total workforce in Bangalore by 2006
Level 5 (top)
ranking/Carnegie Mellon
Software Engineering
Institute: 35 of 70
companies in world are
from India
Source: Wired/02.04
“When I was growing up, my
parents used to say to me:
‘Finish your dinner—people in
China are starving.’ I, by contrast,
find myself wanting to say to my
daughters: ‘Finish your
homework—people in China
and India are starving for
your job.’ ” —Thomas Friedman/06.24.2004
Re-imagine!
Summer 2004:
Not Your Father’s
World II.
“A focus on cost-cutting and
efficiency has helped many
organizations weather the downturn,
but this approach will ultimately
render them obsolete. Only the
constant pursuit of innovation can
ensure long-term success.” —Daniel Muzyka,
Dean, Sauder School of Business, Univ of British Columbia (FT/09.17.04)
“We’re now entering a new phase of
business where the group will be a
franchising and management company
where brand management is central.” —David
Webster, Chairman, InterContinental Hotels Group
“InterContinental will now have far more to
do with brand ownership than hotel
ownership.” —James Dawson of Charles Stanley (brokerage)
Source: International Herald Tribune, 09.16, on the sacking of CEO Richard North,
whose entire background is in finance
“We have to move up the value
chain and focus increased efforts
on becoming a knowledge-based,
entrepreneurial economy if we are
to prosper in the medium to long
term.” —Tony Dromgoole, Chief Executive, Irish
Management Institute
My Story.
A Coherent Story: Context-Solution-Bedrock
Context1: Intense Pressures (China/Tech/Competition)
Context2: Painful/Pitiful Adjustment (Slow, Incremental, Mergers)
Solution1: New Organization
(Technology, Web+ Revolution,
Virtual-“BestSourcing,”“PSF” “nugget”)
Solution2: No Option: Value-added Strategy
(ServicesSolutions-Experiences-DreamFulfillment “Ladder”)
Solution3: “Aesthetic” “VA” Capstone
Solution4: New Markets (Women, ThirdAge)
(Design-Brands)
Bedrock1: Innovation (New Work, Speed, Weird, Revolution)
Bedrock2: Talent (Best, Creative, Entrepreneurial, Schools)
Bedrock3: Leadership (Passion, Bravado, Energy, Speed)
1. Re-imagine
Everything: All
Bets Are Off.
Jobs
New Technology
Globalization
Security
“Income Confers No
Immunity as Jobs
Migrate”
—Headline/USA Today/02.04
“One Singaporean worker
costs as much as …
3 … in Malaysia
8 … in Thailand
13 … in China
18 … in India.”
Source: The Straits Times/08.18.03
“Thaksinomics” (after Thaksin
Shinawatra, PM)/ “Bangkok
Fashion City”/ “managed asset
reflation” (add to brand value of
Thai textiles by demonstrating flair
and design excellence)
Source: The Straits Times/03.04.2004
Jobs
Technology
Globalization
Security
E.g. …
Jeff Immelt: 75% of “admin, back
room, finance” “digitalized” in
years.
Source: BW (01.28.02)
Jobs
Technology
Globalization
Security
“Asia’s rise is the economic event
of our age. Should it proceed as it
has over the last few decades, it
will bring the two centuries of
global domination by Europe and,
subsequently, its giant North
American offshoot to an end.”
—Financial Times (09.22.2003)
“The world has arrived at a rare strategic
inflection point where nearly half its
population—living in China, India and
Russia—have been integrated into the
global market economy, many of them
highly educated workers, who can do
just about any job in the world. We’re
talking about three billion
people.” —Craig Barrett/Intel/01.08.2004
Jobs
Technology
Globalization
Security
“This is a dangerous world and
it is going to become more dangerous.”
“We may not be
interested in chaos but
chaos is interested
in us.”
Source: Robert Cooper, The Breaking of Nations:
Order and Chaos in the Twenty-first Century
“If you don’t like
change, you’re
going to like
irrelevance even
less.”
—General Eric Shinseki, Chief of Staff. U. S. Army
2. Re-imagine
Permanence:
The Emperor Has
No Clothes!
Forbes100 from 1917 to 1987: 39
members of the Class of ’17 were alive
in ’87; 18 in ’87 F100; 18 F100
“survivors” underperformed the market
by 20%; just 2 (2%), GE & Kodak,
outperformed the market 1917 to 1987.
S&P 500 from 1957 to 1997: 74 members of the Class of ’57 were
alive in ’97; 12 (2.4%) of 500 outperformed the market from 1957
to 1997.
Source: Dick Foster & Sarah Kaplan, Creative Destruction: Why
Companies That Are Built to Last Underperform the Market
BUILT TO … DETERIORATE!
“When it comes to investing, I am old school. Buy a good stock, stick it in
the drawer and when you check back years later the stock should be
worth more. There’s only one problem. When I checked the drawer
recently it was full of clunkers, including Lucent, down 94 percent from its
1999 high. Maybe once upon a time buy and hold was a viable strategy.
Today, it no longer makes sense.”—Charles Stein/ “Investment Strategies
Must Shift with Realities”/Boston Globe/10.10.04
A sample of Stein’s “Blue Chip-turned-clunker” examples: Fannie Mae
(featured in Collins’ Good to Great). Coke. (“Clunker,” make that “Stinker.”)
Merck. (The mightiest fall—stock down 63 percent since 2000; tumble
preceded Vioxx) Uh … Microsoft. (“Microsoft’s stock price is no higher
today than it was in 1998.”)
“It is not clear there is such a thing as a ‘Blue Chip,’” Shawn Kravetz,
president of Boston-based hedge fund Esplanade Capital, told Stein.
“Kravetz’s point is a serious one,” Stein continues. “Greatness is not
permanent. … This process of creative destruction isn’t new. But with the
world moving ever faster, and with competition on steroids, the quaint
notion of buying and holding is hopelessly out of step.”
“Good management was the
most powerful reason [leading
firms] failed to stay atop their
industries. Precisely because these firms
listened to their customers, invested aggressively in
technologies that would provide their customers more
and better products of the sort they wanted, and
because they carefully studied market trends and
systematically allocated investment capital to
innovations that promised the best returns, they lost
their positions of leadership.”
Clayton Christensen, The Innovator’s Dilemma
“The corporation as we know it,
which is now 120 years old, is
not likely to survive the
next 25 years. Legally and
financially, yes, but not
structurally and economically.”
Peter Drucker, Business 2.0
“Acquisitions are about
buying market share.
Our challenge is to
create markets. There
is a big difference.”
Peter Job, CEO, Reuters
3. Re-imagine
Organizing I:
IS/IT Leads the
(Virtual) Way!
Productivity!
McKesson 2002-2003:
Revenue … +$7B
Employees … +500
Source: USA Today/06.14.04
“Ebusiness is about rebuilding
the organization from the
ground up. Most companies today
are not built to exploit the Internet.
Their business processes, their
approvals, their hierarchies, the
number of people they employ … all of
that is wrong for running an
ebusiness.”
Ray Lane, Kleiner Perkins
“Organizations will
still be critically
important in the
world, but as
‘organizers,’ not
‘employers’!” — Charles Handy
Ford: “Vehicle
brand
owner” (“design, engineer, and
market, but not actually make”)
Source: The Company, John Micklethwait & Adrian Wooldridge
07.04/TP In Nagano …
Revenue: $10B
FTE: 1*
*Maybe
“Don’t own nothin’
if you can help it.
If you can, rent
your shoes.”
F.G.
Not “out sourcing”
Not “off shoring”
Not “near shoring”
Not “in sourcing”
but …
“Best Sourcing”
4. Re-imagine the
Organizing II: The
Professional Service
Firm (“PSF”)
Imperative.
Sarah:
Papa:
“ Papa, what do
you do?”
“I’m ‘overhead.’ ”
Sarah:
“ Daddy, what do
you do?”
“I’m a
‘bureaucrat.’ ”
Papa:
Sarah:
Papa:
“ Daddy, what do
you do?”
“I manage a ‘cost
center.’ ”
Answer: PSF!
[Professional Service Firm]
Department Head
to …
Managing Partner,
HR [IS, etc.] Inc.
“Typically in a mortgage company or
financial services company, ‘risk
management’ is an overhead, not a
revenue center. We’ve become more
We pay for
ourselves, and we
actually make money
for the company.” —Frank Eichorn,
than that.
Director of Credit Risk Data Management Group, Wells Fargo
Home Mortgage (Source: sas.com)
5. Re-imagine Business’
Basic Value Proposition:
PSFs Unbound/ The
“Solutions Imperative.”
“The ‘surplus society’ has a surplus of
similar companies, employing
similar people, with similar
educational backgrounds, coming up
with similar ideas, producing
similar things, with similar prices
and similar quality.”
Kjell Nordström and Jonas Ridderstråle, Funky Business
And the “M” Stands for … ?
“Systems
Integrator of
choice.”
IBM Global Services: $35B
Gerstner’s IBM:
(BW)
Rainmaker-in-Chief
“[Sam] Palmisano’s strategy is to
expand tech’s borders by pushing
users—and entire industries—
toward radically different business
models. The payoff for IBM would be access
to an ocean of revenue—Palmisano estimates it
at $500 billion a year—that technology
companies have never been able to touch.”
—Fortune/06.14.04
New York-Presbyterian: 7-year,
$500M consulting (systemic)
and equipment contract with
GE Medical Systems
Source: NYT/07.18.2004
“Big Brown’s New
Bag: UPS Aims to Be
the Traffic Manager
for Corporate
America”
—Headline/BW/07.19.2004
“SCS”/Supply Chain
Solutions: 750 locations;
$2.5B; fastest growing
division; 19 acquisitions,
including a bank
Source: Fast Company/02.04
6. Re-imagine
Enterprise as
Theater I: A World
of Scintillating
“Experiences.”
“Experiences are as
distinct from services
as services are from
goods.”
Joseph Pine & James Gilmore, The Experience Economy:
Work Is Theatre & Every Business a Stage
“Club Med
is more
than just a ‘resort’; it’s a
means of rediscovering
oneself, of inventing an
entirely new ‘me.’ ”
Source: Jean-Marie Dru, Disruption
“The [Starbucks] Fix” Is on …
“We have identified a ‘third
place.’ And I really believe that
sets us apart. The third place is
that place that’s not work or
home. It’s the place our
customers come for refuge.”
Nancy Orsolini, District Manager
Experience: “Rebel Lifestyle!”
“What we sell is the ability for
a 43-year-old accountant to
dress in black leather, ride
through small towns and have
people be afraid of him.”
Harley exec, quoted in Results-Based Leadership
WHAT CAN BROWN DO FOR YOU?
The “Experience Ladder”
Experiences
Services
Goods
Raw Materials
One company’s answer:
CXO*
*Chief eXperience Officer
“Most executives have no
idea how to add value to a
market in the metaphysical
world. But that is what the market
will cry out for in the future. There
is no lack of ‘physical’ products to
choose between.”
Jesper Kunde, Unique Now ... or Never [on the
excellence of Nokia, Nike, Lego, Virgin et al.]
6A. Re-imagine
Enterprise as
Theater II:
Embracing the
“Dream Business.”
DREAM: “A dream is a complete
moment in the life of a client.
Important experiences that tempt
the client to commit substantial
resources. The essence of the
desires of the consumer. The
opportunity to help clients become
what they want to be.” —Gian Luigi
Longinotti-Buitoni
“The sun is setting on the Information Society—even before we
have fully adjusted to its demands as individuals and as
companies. We have lived as hunters and as farmers, we have
worked in factories and now we live in an information-based
We stand
facing the fifth kind of society: the
Dream Society. … The Dream Society is emerging
society whose icon is the computer.
this very instant—the shape of the future is visible today. Right
now is the time for decisions—before the major portion of
consumer purchases are made for emotional, nonmaterialistic
reasons. Future products will have to appeal to our hearts, not to
our heads. Now is the time to add emotional value to products
and services.” —Rolf Jensen/The Dream Society:How the Coming Shift from
Information to Imagination Will Transform Your Business
Experience Ladder/TP
Dreams Come True
Awesome Experiences
Solutions
Services
Goods
Raw Materials
Six Market Profiles
1. Adventures for Sale
2. The Market for Togetherness, Friendship
and Love
3. The Market for Care
4. The Who-Am-I Market
5. The Market for Peace of Mind
6. The Market for Convictions
Rolf Jensen/The Dream Society: How the Coming Shift from
Information to Imagination Will Transform Your Business
Six Market Profiles
1. Adventures for Sale/IBM
2. The Market for Togetherness, Friendship
and Love/IBM
3. The Market for Care/IBM
4. The Who-Am-I Market/IBM
5. The Market for Peace of Mind/IBM
6. The Market for Convictions/IBM
Rolf Jensen/The Dream Society: How the Coming Shift from
Information to Imagination Will Transform Your Business
Rogaine.
Help Keep Your Hair.
Help Keep Your Confidence.
Source: Ad on the side of a bus/Dublin/10.04
Product:
Solution:
Rogaine.
Help Keep Your Hair.
Help Keep Your
Confidence.
Dream-come-true:
Source: Ad on the side of a bus/Dublin/10.04
’70s: Cost (BCG’s “cost curves”)
’80s: TQM-CI (Japan)
’90s: Service
’00s: Solutions/Experiences
’10s: Dream Fulfillment
7. Re-imagine the
“Soul” of Enterprise:
Design Rules!
All Equal Except …
“At Sony we assume that all products of
our competitors have basically the same
technology, price, performance and
Design is the only
thing that differentiates one
product from another in the
marketplace.”
features.
Norio Ohga
“Design is treated
like a religion at
BMW.”
Fortune
“We don’t have a good language to talk
about this kind of thing. In most people’s
vocabularies, design means veneer. … But
to me, nothing could be further from the
Design is
the fundamental
soul of a man-made creation.”
meaning of design.
Steve Jobs
“Having spent a century or more focused on other
goals—solving manufacturing problems, lowering
costs, making goods and services widely available,
increasing convenience, saving energy—we are
increasingly engaged in making our world special.
More people in more aspects of life are drawing
pleasure and meaning from the way their persons,
places and things look and feel. Whenever we have the
chance, we’re adding sensory, emotional appeal to
ordinary function.” — Virginia Postrel, The Substance of Style: How
the Rise of Aesthetic Value Is Remaking Commerce, Culture and
Consciousness
“The lowliest household tool has become an object of color,
texture, personality, whimsy, even elegance. Dozens, probably
hundreds, of distinctively designed toilet-brush sets are
available—functional, flamboyant, modern, mahogany. For
about five bucks, you can buy Rubbermaid’s basic plastic bowl
brush with caddy, which comes in seven different colors, to hide
the bristles and keep the drips off the floor. For $8 you can take
home a Michael Graves brush from Target, with a rounded blue
handle and translucent white container. At $14 you can have an
OXO brush, sleek and modern in a hard, shiny white plastic
holder that opens as smoothly as the bay door on a sciencefiction spaceship. For $32, you can order Philippe Starck’s
Excalibur brush, whose hilt-like handle creates a lid when
sheathed in its caddy. At $55 there’s Stefano Giovannoni’s
Merdolino brush for Alessi … Cross the $100 barrier, and you
can find all sorts …” —Virginia Postrel, The Substance of Style: How the
Rise of Aesthetic Value Is Remaking Commerce, Culture and Consciousness
DESIGN IS INEVITABLE!
DESIGN IS THE DIFFERENCE!
DESIGN RULES!
8. Re-imagine the
Fundamental Selling
Proposition: “It” all adds
up to …
THE BRAND
(THE STORY).
“WHO ARE
WE?”
“WHAT’S
OUR
STORY?”
“WHAT’S
THE
DREAM?”
“We are in the twilight of a society based on data. As
information and intelligence become the domain of
computers, society will place more value on the one
human ability that cannot be automated: emotion.
Imagination, myth, ritual - the language of emotion will affect everything from our purchasing decisions
Companies will
thrive on the basis of their stories
and myths. Companies will need to understand
to how we work with others.
that their products are less important than
their stories.”
Rolf Jensen, Copenhagen Institute for Future Studies
Story > Brand
“In Denmark, eggs from free-range hens have
conquered over 50 percent of the market. Consumers
do not want hens to live their lives in small, confining
cages. They are willing to pay 15 percent to 20 percent
more for the story about animal ethics. This is classic
Dream Society logic. Both kind of eggs are similar in
quality, but consumers prefer eggs with the better
story. After we debated the issue and stockpiled 50
other examples, the conclusion became evident:
Stories and tales speak directly to the heart rather than
the brain. After a century where society was marked by
science and rationalism, the stories and values are
returning to the scene.” —Rolf Jensen/The Dream Society: How the
Coming Shift from Information to Imagination Will Transform Your Business
Market Power =
Story Power =
Dream Power
Kevin Roberts*:
Lovemarks!
*CEO/Saatchi & Saatchi
9. Re-imagine the
Roots of Innovation:
THINK WEIRD … the
High Value Added
Bedrock.
FLASH:
Innovation
is easy
!
Saviors-in-Waiting
Disgruntled Customers
Off-the-Scope Competitors
Rogue Employees
Fringe Suppliers
Wayne Burkan, Wide Angle Vision: Beat the Competition by Focusing on
Fringe Competitors, Lost Customers, and Rogue Employees
CUSTOMERS: “Futuredefining customers may
account for only 2% to 3%
of your total, but they
represent a crucial
window on the future.”
Adrian Slywotzky, Mercer Consultants
COMPETITORS: “The
best swordsman
in the world doesn’t need to fear
the second best swordsman in the
world; no, the person for him to be afraid of is
some ignorant antagonist who has never had a
sword in his hand before; he doesn’t do the
thing he ought to do, and so the expert isn’t
prepared for him; he does the thing he ought not
to do and often it catches the expert out and
ends him on the spot.”
Mark Twain
“Researchers asked subjects to count the number of
times ballplayers with white shirts pitched a ball back
and forth in a video. Most subjects were so thoroughly
engaged in watching white shirts that they failed to
notice a black gorilla that wandered across the scene
and paused in the middle to beat his chest. They had
their noses buried in their work that they didn’t even
see the gorilla.
“What gorillas are moving through your field of vision
while you are so hard at work that you fail to see them?
Will some of these 800-pound gorillas ultimately
disrupt your game?” —Jerry Wind and Colin Crook, The
Power of Impossible Thinking: If You Can Think Impossible
Thoughts, You Can Do Impossible Things
“To grow, companies
need to break out of a
vicious cycle of
competitive
benchmarking and
imitation.” —W. Chan Kim & René
Mauborgne, “Think for Yourself —Stop Copying a Rival,”
Financial Times/08.11.03
“This is an essay about what it takes to create and sell something
remarkable. It is a plea for originality, passion, guts and daring. You can’t be
remarkable by following someone else who’s remarkable. One way to figure
out a theory is to look at what’s working in the real world and determine what
the successes have in common. But what could the Four Seasons and Motel
6 possibly have in common? Or Neiman-Marcus and Wal*Mart? Or Nokia
(bringing out new hardware every 30 days or so) and Nintendo (marketing
the same Game Boy 14 years in a row)? It’s like trying to drive looking in the
The thing that all these companies
have in common is that they have nothing in
common. They are outliers. They’re on the fringes. Superfast or
rearview mirror.
superslow. Very exclusive or very cheap. Extremely big or extremely small.
The reason it’s so hard to follow the leader is this: The leader is the leader
precisely because he did something remarkable. And that remarkable thing
is now taken—so it’s no longer remarkable when you decide to do it.” —Seth
Godin, Fast Company/02.2003
“How do dominant
companies lose there
position? Two-thirds of
the time, they pick the
wrong competitor to
worry about.”
—Don Listwin, CEO,
Openwave Systems/WSJ/06.01.2004 (commenting on Nokia)
Kodak …. Fuji
GM …. Ford
Ford …. GM
IBM …. Siemens, Fujitsu
Sears … Kmart
Xerox …. Kodak, IBM
Employees: “Are there
enough weird
people in the lab these
days?”
V. Chmn., pharmaceutical house, to a lab director
Why Do I love Freaks?
(1) Because when Anything Interesting happens … it was a freak
who did it. (Period.)
(2) Freaks are fun. (Freaks are also a pain.) (Freaks are never
boring.)
(3) We need freaks. Especially in freaky times. (Hint: These are
freaky times, for you & me & the CIA & the Army & Avon.)
(4) A critical mass of freaks-in-our-midst automatically make uswho-are-not-so-freaky at least somewhat more freaky. (Which is
a Good Thing in freaky times—see immediately above.)
(5) Freaks are the only (ONLY) ones who succeed—as in, make it
into the history books.
(6) Freaks keep us from falling into ruts. (If we listen to them.)
(We seldom listen to them.) (Which is why most of us—and our
organizations—are in ruts. Make that chasms.)
Boards: “Extremely contentious
boards that regard dissent as an
obligation and that treat no
subject as undiscussable” —Jeffrey
Sonnenfeld, Yale School of Management
“The Bottleneck is at the
Top of the Bottle”
“Where are you likely to find people with the
least diversity of experience, the largest
investment in the past, and the greatest
reverence for industry dogma?
At the top!”
— Gary Hamel, “Strategy or Revolution”/
Harvard Business Review
Measure “Strangeness”/Portfolio Quality
Staff
Consultants
Board
Vendors
Out-sourcing Partners (#, Quality)
Innovation Alliance Partners
Customers
Competitors (who we “benchmark” against)
Strategic Initiatives
Product Portfolio (LineEx v. Leap)
IS/IT
HQ Location
Lunch Mates
Language
The Re-imagineer’s Credo … or,
Pity the Poor Brown*
Technicolor Times demand …
Technicolor Leaders and Boards who recruit …
Technicolor People who are sent on …
Technicolor Quests to execute …
Technicolor (WOW!) Projects in partnership with …
Technicolor Customers and …
Technicolor Suppliers all of whom are in pursuit of …
Technicolor Goals and Aspirations fit for …
Technicolor Times.
*WSC
Kevin Roberts’ Credo
1. Ready. Fire! Aim.
2. If it ain’t broke ... Break it!
3. Hire crazies.
4. Ask dumb questions.
5. Pursue failure.
6. Lead, follow ... or get out of the way!
7. Spread confusion.
8. Ditch your office.
9. Read odd stuff.
10. Avoid moderation!
10. Re-imagine the
Customer I: Trends Worth
Trillion$$$ …
Women Roar.
?????????
Home Furnishings … 94%
Vacations … 92% (Adventure Travel … 70%/ $55B travel equipment)
Houses … 91%
D.I.Y. (major “home projects”) … 80%
Consumer Electronics … 51% (66% home computers)
Cars … 68% (90%)
All consumer purchases … 83%
Bank Account … 89%
Household investment decisions … 67%
Small business loans/biz starts … 70%
Health Care … 80%
Business Purchasing Power
Purchasing mgrs. & agents: 51%
HR: >>50%
Admin officers: >50%
Source: Martha Barletta, Marketing to Women
91% women:
ADVERTISERS DON’T
UNDERSTAND US.
(58% “ANNOYED.”)
Source: Greenfield Online for Arnold’s Women’s Insight Team
(Martha Barletta, Marketing to Women)
Read This Book …
EVEolution:
The Eight Truths of
Marketing to Women
Faith Popcorn & Lys Marigold
FemaleThink/ Popcorn & Marigold
“Men and women don’t think the
same way, don’t communicate the
same way, don’t buy for the same
reasons.”
“He simply wants the transaction to
take place. She’s interested in
creating a relationship. Every place
women go, they make connections.”
EVEolution: Truth No. 1
Connecting Your Female
Consumers to Each
Other Connects Them to
Your Brand
“The ‘Connection Proclivity’ in
women starts early. When asked,
‘How was school today?’ a girl
usually tells her mother every
detail of what happened, while a
boy might grunt, ‘Fine.’ ”
EVEolution
“Women don’t buy
They
join them.”
brands.
EVEolution
2.6
vs.
Enterprise Reinvention!
Recruiting
Hiring/Rewarding/Promoting
Structure
Processes
Measurement
Strategy
Culture
Vision
Leadership
THE BRAND ITSELF!
1. Men and women are different.
2. Very different.
3. VERY, VERY DIFFERENT.
4. Women & Men have a-b-s-o-l-u-t-e-l-y
nothing in common.
5. Women buy lotsa stuff.
6. WOMEN BUY A-L-L THE STUFF.
7. Women’s Market = Opportunity No. 1.
8. Men are (STILL) in charge.
9. MEN ARE … TOTALLY, HOPELESSLY
CLUELESS ABOUT WOMEN.
10. Women’s Market = Opportunity No. 1.
“Five Clichés of Women (as Portrayed
by Advertisers) …
Perfect Mum
Alpha Female
Fashionista
Beauty Bunny
Great Granny”
Source: The Independent /09.29.04 (on forthcoming
“First London ‘Think Pink’ Conference”)
“Unilever brand Dove’s use of six generously
proportioned ‘real women’ to promote its skinfirming preparations must qualify as one of the
most talked-about marketing decisions taken
this summer. It was also one of the most
successful: Since the campaign broke, sales of
the firming lotion have gone up 700 percent in
the UK, 300 percent in Germany and 220 percent
in the Netherlands.” —Financial Times/09.29.04
“In Dove Ads,
Normal Is the New
Beautiful” —Headline,
Advertising Age/09.27.04
11. Re-imagine the
Customer II: Trends Worth
Boomer
Bonanza/ Godzilla
Geezer.
Trillion$$$ …
2000-2010 Stats
18-44: -1%
55+: +21%
(55-64: +47%)
44-65: “New
Consumer
Majority” *
*45% larger than 18-43; 60% larger by 2010
Source: Ageless Marketing, David Wolfe & Robert Snyder
“The New Consumer
Majority is the only adult
market with realistic
prospects for significant
sales growth in dozens of
product lines for thousands
of companies.” —David Wolfe & Robert
Snyder, Ageless Marketing
50+
$7T wealth (70%)/$2T annual income
50% all discretionary spending
79% own homes/40M credit card users
41% new cars/48% luxury cars
$610B healthcare spending/
74% prescription drugs
5% of advertising targets
Ken Dychtwald, Age Power: How the 21st
Century Will Be Ruled by the New Old
“Focused on assessing the
marketplace based on lifetime
value (LTV), marketers may
dismiss the mature market as
headed to its grave. The reality is
that at 60 a person in the U.S. may
enjoy 20 or 30 years of life.” —Carol
Morgan & Doran Levy, Marketing to the Mindset of Boomers and
Their Elders
“Marketers attempts at
reaching those over 50 have
been miserably
unsuccessful. No market’s
motivations and needs are
so poorly understood.”—Peter
Francese, founding publisher, American Demographics
Possession Experiences /“Desires for
things”/Young adulthood/to 38
Catered Experiences/ “Desires to be
served by others”/Middle adulthood
Being Experiences/“Desires for
transcending experiences”/Late
adulthood
Source: David Wolfe and Robert Snyder/Ageless Marketing
“ ‘Age Power’ will
st
21
rule the
century,
and we are woefully
unprepared.”
Ken Dychtwald, Age Power: How the 21st
Century Will Be Ruled by the New Old
No: “Target Marketing”
Yes:
“Target
Innovation” & “Target
Delivery Systems”
Bonus.
The Hunch of a Lifetime: An Emergent (Market) Nexus
I have a sense/hunch there’s an interesting nexus among several of the ideas
about New Market Realities that I promote … namely Women-Boomers-WellnessGreen-Intangibles. Each one drives the Fundamental (Traditional) Economic Value
Proposition toward the “softer side”: From facts- & figures-obsessed males
toward relationship-oriented Women. From goods-driven youth toward
“experiences”-craving Boomers. From quick-fix & pill-popping “healthcare”
toward a holistically inclined “Wellness Revolution.” From mindless exploitation of
the Earth’s resources toward increased awareness of the fragility and
preciousness of our Environment. From “goods” and “services” toward Design& Creativity-rich Intangibles-Experiences-Dreams Fulfilled. This so-called “softer
side”—as the disparate likes of IBM’s Sam Palmisano and Harley-Davidson’s Rich
Teerlink teach us—is now & increasingly “where the loot is,” damn near all the
loot. That is, the “softer side” has become the Prime Driver of tomorrow’s “hard”
economic value. Furthermore, each of the Five Key Ideas (Women-BoomersWellness-Green-Intangibles) feeds off and complements the other four. Dare I use
the word “synergy”? Perhaps. (Or: Of course!) I can imagine an enterprise defining
its raison d’etre in terms of these Five Complementary Key Ideas. (HINT: DAMN
FEW DO TODAY.)
An Emergent Nexus
Men …………………………….……………….... Women
Youth ………………………………… Boomers/Geezers
“Fix It”Healthcare………………... Wellness/Prevention
Exploit-the-Earth ……...... Preserve/Cherish the Planet
Tangibles ……………………………………… Intangibles
12. Re-imagine
Excellence I: The
Talent
Obsession.
Brand =
Talent.
Agriculture Age (farmers)
Industrial Age (factory workers)
Information Age (knowledge workers)
Conceptual Age (creators and
empathizers)
Source: Dan Pink, A Whole New Mind
From “1, 2 or you’re out” [JW]
to …
“Best Talent in each
industry segment to build
best proprietary
intangibles” [EM]
Source: Ed Michaels, War for Talent
“The leaders of Great
Groups love talent and know
where to find it. They revel in
the talent of others.”
Warren Bennis & Patricia Ward Biederman,
Organizing Genius
“In most companies, the Talent Review
Process is a farce. At GE, Jack Welch and
his two top HR people visit each division
for a day. They review the top 20 to 50
people by name. They talk about Talent
Pool strengthening issues. The Talent
Review Process is a contact sport at GE; it
has the intensity and the importance of the
budget process at most companies.” —Ed
Michaels
DD$21M
Did We Say “Talent Matters”?
“The top software developers
are more productive than
average software developers
not by a factor of 10X or 100X,
or even 1,000X,
but 10,000X.” —Nathan Myhrvold,
former Chief Scientist, Microsoft
What’s your company’s …
EVP?
Employee Value Proposition, per Ed
Michaels et al., The War for Talent;
IBP/Internal Brand Promise per TP
EVP = Challenge,
professional growth,
respect, satisfaction,
opportunity, reward
Source: Ed Michaels et al., The War for Talent
Our Mission
To develop and manage talent;
to apply that talent,
throughout the world,
for the benefit of clients;
to do so in partnership;
to do so with profit.
WPP
12A. Re-imagine
Excellence II: Meet the
New Boss … Women
Rule!
“AS LEADERS, WOMEN
RULE: New Studies find
that female managers
outshine their male
counterparts in almost
every measure”
Title, Special Report/BusinessWeek
“On average, women and men
possess a number of different innate
skills. And current trends suggest
that many sectors of the twentyfirst-century economic community
are going to need the natural
talents of women.”
Helen Fisher, The First Sex: The Natural Talents of
Women and How They Are Changing the World
Women’s Strengths Match New Economy
Imperatives: Link [rather than rank] workers;
favor interactive-collaborative leadership style
[empowerment beats top-down decision making];
sustain fruitful collaborations; comfortable with
sharing information; see redistribution of power
as victory, not surrender; favor multi-dimensional
feedback; value technical & interpersonal skills,
individual & group contributions equally; readily
accept ambiguity; honor intuition as well as pure
“rationality”; inherently flexible; appreciate
cultural diversity.
Source: Judy B. Rosener, America’s Competitive Secret: Women Managers
Opportunity!
U.S.
M.Mgt.
41%
T.Mgt.
4%
Peak Partic. Age 45
% Coll. Stud.
52%
G.B. E.U. Ja.
29% 18% 6%
3%
2%
<1%
22
27
19
50% 48% 26%
Source: Judy Rosener, America’s Competitive Secret
13. Re-imagine
Excellence III: New
Education for
A New World
Agriculture Age (farmers)
Industrial Age (factory workers)
Information Age (knowledge workers)
Conceptual Age (creators and
empathizers)
Source: Dan Pink, A Whole New Mind
“My wife and I went to a [kindergarten] parentteacher conference and were informed that our
budding refrigerator artist, Christopher, would be
receiving a grade of Unsatisfactory in art. We
were shocked. How could any child—let alone
our child—receive a poor grade in art at such a
young age? His teacher informed us that he
had refused to color within the lines, which
was a state requirement for demonstrating
‘grade-level motor skills.’ ”
Jordan Ayan, AHA!
Ye gads: “Thomas Stanley has not only found no
correlation between success in school and an
ability to accumulate wealth, he’s actually found
a negative correlation. ‘It seems that schoolrelated evaluations are poor predictors of
economic success,’ Stanley concluded. What did
predict success was a willingness to take risks.
Yet the success-failure standards of most
schools penalized risk takers. Most educational
systems reward those who play it safe. As a
result, those who do well in school find it hard to
take risks later on.”
Richard Farson & Ralph Keyes, Whoever Makes the Most Mistakes Wins
14. Re-imagine Leadership
for Totally Screwed Up
Times:
The Passion
Imperative.
Start a
Crusade!
“Create a
‘cause,’ not
a ‘business.’ ”
G.H.:
“Beware of the
tyranny of making
Small Changes to Small
Things. Rather, make
Big Changes to Big
Things.”
—Roger Enrico, former Chairman, PepsiCo
“A key – perhaps the key –
to leadership is
the effective
communication
of a story.”
Howard Gardner
Leading Minds: An Anatomy of Leadership
Make It a
Grand
Adventure!
“Ninety percent of what
we call ‘management’
consists of making it
difficult for people to
get things done.” – Peter Drucker
“I don’t
know.”
Quests!
Organizing Genius / Warren Bennis
and Patricia Ward Biederman
“Groups become great only when
everyone in them, leaders and
members alike, is free to do his or
her absolute best.”
“The best thing a leader can do for a
Great Group is to allow its
members to discover their
greatness.”
Yes!!!!!!!!!!!!!!!!!
“free to do his or her
absolute best” …
“allow its members
to discover their
greatness.”
Insist on
Speed &
Excellence!
The Kotler Doctrine:
1965-1980: R.A.F.
(Ready.Aim.Fire.)
1980-1995: R.F.A.
(Ready.Fire!Aim.)
1995-????: F.F.F.
(Fire!Fire!Fire!)
“Reward
excellent
failures. Punish
mediocre successes.”
Phil Daniels, Sydney exec (and, de facto, Jack)
Dispense
Enthusiasm!
BZ: “I am a …
Dispenser of
Enthusiasm!”
“Nothing is so
contagious as
enthusiasm.”
—Samuel Taylor Coleridge
“You must be
the change you
wish to see in
the world.”
Gandhi
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MMM1 (Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
W/MwGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
15 “Leading” Biz Schools
Design/Core: 0
Design/Elective: 1
Creativity/Core: 0
Creativity/Elective: 4
Innovation/Core: 0
Innovation/Elective: 6
Source: DMI/Summer 2002
Hardball: Are You Playing to Play or Playing to Win? by
George Stalk & Rob Lachenauer/HBS Press
“The winners in business have always played hardball.”
“Unleash massive and overwhelming force.” “Exploit
anomalies.” “Threaten your competitor’s profit sanctuaries.”
“Entice your competitor into retreat.”
Approximately 640 Index entries: Customer/s (service,
retention, loyalty),
4.
People (employees, motivation, morale, worker/s), 0.
Innovation (product development, research & development, new products), 0.
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MMM1 (Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
W/MwGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
“Most executives have no
idea how to add value to
a market in the
metaphysical world. But
that is what the market will cry
out for in the future. There is no
lack of ‘physical’ products to
choose between.”
Jesper Kunde, Unique Now ... or Never [on the excellence of Nokia, Nike, Lego, Virgin
et al.]
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MMM1 (Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
W/MwGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
“Strategy meetings held once
or twice a year” to “Strategy
meetings needed several
times a week”
Source: New York Times on Meg Whitman/eBay
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MMM1 (Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
W/MwGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
Have you
changed
civilization
today?
Source: HP banner ad
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MMM1 (Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
W/MwGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MMM1 (Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
W/MwGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
“When assessing candidates, the first
thing I looked for was energy and
enthusiasm for execution. Does she
talk about the thrill of getting things
done, the obstacles overcome, the role
her people played—or does she keep
wandering back to strategy or
philosophy?” —Larry Bossidy,
Honeywell/AlliedSignal, in Execution
New Economy Biz Degree Programs
MBA (Master of Business Administration)
MMM1 (Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
MGLF (Master of Great Leaps Forward)
MTD (Master of Talent Development)
W/MwGTDw/oC (Guy/Gal Who Gets Things Done
without Certificate)
DE (Doctor of Enthusiasm)
“You can’t behave
in a calm, rational
manner. You’ve got
to be out there on
the lunatic fringe.”
— Jack Welch
Importance of Success Factors by Various
“Gurus”/Estimates by Tom Peters
Strategy Systems Passion Execution
Porter
50%
20
15
15
Drucker
35%
30
15
20
Bennis
25%
20
30
25
Peters
15%
20
35
30
“In Tom’s world it’s always
better to try a swan
dive and deliver a
colossal belly flop than to
step timidly off the
board while holding your
nose.” —Fast Company /October2003