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To appreciate this presentation [and insure that it is not a mess], you need Microsoft fonts: NOTE: “Showcard Gothic,” “Ravie,” “Chiller” and “Verdana” Excellence: The Leadership 50 Tom Peters/Flexirent/18.02.2008 Slides at … tompeters.com bedrock. 1. Leaders … serve. Organizations exist to serve. Period. Leaders live to serve. Period. “I have always believed that the purpose of the corporation is to be a blessing to the employees.” —Boyd Clarke Cause Space (worthy of commitment) (room for/encouragement for initiative) Decency (respect, humane) Cause Space Decency servant leadership (worthy of commitment) (room for/encouragement for initiative-adventures) (respect, grace, integrity, humane) Servant Leadership —Robert Greenleaf The Manager’s Book of Decencies: How Small gestures Build Great Companies. —Steve Harrison Hostmanship: The Art of Making People Feel Welcome —Jan Gunnarsson & Olle Blohm The SPEED of Trust: The One Thing that Changes Everything —Stephen M.R. Covey The Dream Manager —Matthew Kelly The Customer Comes Second —Hal Rosenbluth Nicole Lyder Marcia Neilson The Basic Mechanism. 2. Leadership Is a Mutual Discovery Process. … “Ninety percent of what we call ‘management’ consists of making it difficult for people to get things done.” – Peter Drucker 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’ “Mt Everest Test” “free to do his or her absolute best” … “allow its members to discover their greatness.” The Dream Manager —Matthew Kelly E.g.: “An organization can only become the-best-version-of-itself to the extent that the people who drive that organization are striving to become better-versions-of-themselves.” “A company’s purpose is to become the-best-version-of-itself. The question is: What is an employee’s purpose? Most would say, ‘to help the company achieve its purpose’—but they would be wrong. That is certainly part of the employee’s role, but an employee’s primary purpose is to become thebest-version-of-himself or –herself. … When a company forgets that it exists to serve customers, it quickly goes out of business. Our employees are our first customers, and our most important customers.” Quests! … no less than Cathedrals in which the full and awesome power of the Imagination and Spirit and native Entrepreneurial flair of diverse individuals is unleashed in passionate pursuit of … Excellence. The Leadership Types. 3. Great Leaders on White Horses Are Great Talent Developers (Type I Leadership) are the Bedrock Important – but of Organizations that Perform Over the Long Haul. Whoops: Jack didn’t have a vision! 4. But There Are Times When the “visionary” “Type” (Type II Leadership) Matters! “A leader is a dealer in hope.” —Napoleon 5. Find the “Businesspeople”! (Type III Leadership) I.P.M. (Inspired Profit Mechanic) 6. All Organizations Need … the Golden Leadership Triangle. The Golden Leadership Triangle: (1) Talent Fanatic … (2) Visionary … (3) Inspired Profit Mechanic. 7. Leadership Mantra #1: IT ALL DEPENDS! Renaissance Men are … a snare, a myth, a delusion! 8. The Leader Is Rarely/Never the Best Performer. “Tom, you left out one thing …” The Leadership Dance. 9. Leaders … SHOW UP! MBWA “A body can pretend to care, but they can’t pretend to be there.” — Texas Bix Bender “It’s always showtime.” —David D’Alessandro, Career Warfare 10. Leaders … LOVE the MESS! “If things seem under control, you’re just not going fast enough.” —Mario Andretti 11. Leaders “We have a ‘strategic’ plan. It’s called doing things.” — Herb Kelleher “This is so simple it sounds stupid, but it is amazing how few oil people really understand that you only find oil if you drill wells. You may think you’re finding it when you’re drawing maps and studying logs, but you have to drill.” Source: The Hunters, by John Masters, Canadian O & G wildcatter 12. Leaders Re -do. Phil Crosby is an idiot! “We made mistakes, of course. Most of them were omissions we didn’t think of when we initially wrote the software. We fixed them by doing it over and over, again and again. We do the same today. While our competitors are still sucking their thumbs trying to make the design perfect, we’re already on prototype version #5. By the time our rivals are ready with wires and screws, we are on version #10. It gets back to planning versus acting: We act from day one; others plan how to plan— for months.” —Bloomberg by Bloomberg 13. BUT … Leaders Know When to Wait. Tex Schramm: The “too hard” box! 14. Leaders Are … Optimists. Hackneyed but none the less LEADERS SEE CUPS AS “HALF FULL.” true: “[Ronald Reagan] radiated an almost transcendent happiness.” Half-full Cups: —L ou Cannon 15. Leaders FOCUS! “Dennis, you need a … ‘To-don’t ’ List !” “I used to have a rule for myself that at any point in time I wanted to have in mind — as it so happens, also in writing, on a little card I carried around with me — the three big things I was trying to get done. Three. Not two. Not four. Not five. Not ten. Three.” — Richard Haass, The Power to Persuade “The one thing you need to know about sustained individual success: Discover what you don’t like doing and stop doing it.” —Marcus Buckingham, The One Thing You Need to Know 16. Leaders … Send V-E-R-Y Clear Signals About What’s Important! “Really Important Stuff”: Roger’s Rule of Three! Robinson/American Express Puckett/Hughes Olsen/Digital Mozilo/Countrywide Milliken/Milliken Welch/GE Danger: S.I.O. (Strategic Initiative Overload) If It Ain’t Broke … Break It. 17. Leaders … FORGET!/ Leaders … DESTROY! 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 “I am often asked by would-be entrepreneurs seeking escape from life within huge corporate structures, ‘How do I build a small firm for Buy a very large one and just wait.” myself?’ The answer seems obvious: —Paul Ormerod, Why Most Things Fail: Evolution, Extinction and Economics 18. BUT … Leaders Have to Deliver, So They Worry About “Throwing the Baby Out with the Bathwater.” Conrad Hilton, at a gala celebrating his life, was asked, “What was the most important lesson you’ve learned in you long and distinguished career?” His immediate answer: “remember to tuck the shower curtain inside the bathtub” “Damned If You Do, Damned If You Don’t, Just Plain Damned.” Subtitle in the chapter, “Own Up to the Great Paradox: Success Is the Product of Deep Grooves/ Deep Grooves Destroy Adaptivity,” Liberation Management (1992) 19. Leaders … HONOR THE USURPERS. Saviors-in-Waiting Disgruntled Customers Upstart Competitors Rogue Employees Fringe Suppliers Source: Wayne Burkan, Wide Angle Vision 20. Leaders Make [Lots of] Mistakes – and MAKE NO BONES ABOUT IT! “Fail faster. Succeed sooner.” —David Kelley/IDEO Fail. Forward. Fast. –High-tech Exec 21. Leaders Make … BIG MISTAKES! “Reward excellent failures. Punish mediocre successes.” —Phil Daniels Create. 22. Leaders Know that THERE’S MORE TO LIFE THAN “LINE EXTENSIONS.” Leaders Love to … CREATE NEW MARKETS. “Acquisitions are about buying market share. Our challenge is to create markets. There is a big difference.” —Peter Job, CEO, Reuters YESBANK* *Commerce Bank 23. Leaders … Make Their Mark / Leaders … Do Stuff That Matters “I never, ever thought of myself as a businessman. I was interested in creating things I would be proud of.” —Richard Branson 24. Leaders Push Their W-a-y Up the Valueadded Chain. Organizations … $60B IBM Global Services: 25. Leaders Push Past Service “Transactions” to … Scintillating Experiences. Q: “Why did you buy Jordan’s Furniture?” A: “Jordan’s is It’s all showmanship.” spectacular. Source: Warren Buffet interview/Boston Sunday Globe/12.05.04 “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 26. Leaders LOVE the New Technology! Power Tools For Power Strategies/ ARD 40K 27. Needed? Type IV Leadership: Technology Dreamer-True Believer The Golden Leadership Quadrangle: (1) Talent Fanatic … (2) Visionary … (3) Inspired Profit Mechanic … (4) Technology DreamerTrue Believer. Talent. 28. Leaders … DO TALENT! ‘do’ “Leaders people. Period.” —Anon. Brand = Talent. 29. When It Comes to TALENT … Leaders Always Go Berserk! 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 30. Leaders Don’t Create “Followers”: THEY CREATE LEADERS! “I start with the premise that the function of leadership is to produce more leaders, not more followers.”—Ralph Nader Passion. 31. Leaders … “Sell” PASSION! “People want to be part of something larger than themselves. They want to be part of something they’re really proud of, that they’ll fight for, sacrifice for , trust.” —Howard Schultz, Starbucks (IBD/09.05) “Create a ‘cause,’ not a ‘business.’ ” Gary Hamel: 32. Leaders Know: ENTHUSIASM BEGETS ENTHUSIASM! BZ: “I am a … Dispenser of Enthusiasm!” “Nothing is so contagious as enthusiasm.” —Samuel Taylor Coleridge 33. Leaders Are … in a Hurry “We don’t sell insurance We sell speed.” anymore. Peter Lewis, Progressive “Metabolic Management” 34. Leaders Focus on the SOFT STUFF! “Hard” is “soft.” “Soft” Is “hard.” Message: Leadership is all about love! [Passion, Enthusiasms, Appetite for Life, Engagement, Commitment, Great Causes & Determination to Make a Damn Difference, Shared Adventures, Bizarre Failures, Growth, Insatiable Appetite for Change.] The “Job” of Leading. 35. Leaders Know It’s ALL SALES ALL THE TIME. If you don’t LOVE SALES … find another life. (Don’t pretend you’re a “leader.”) 36. Leaders LOVE “POLITICS.” If you don’t LOVE POLITICS … find another life. (Don’t pretend you’re a “leader.”) 37. But … Leaders Also Break a Lot of China. Characteristics of the “Also rans”* “Minimize risk” “Respect the chain of command” “Support the boss” “Make budget” *Fortune, “Most Admired Global Corporations” 38. Leaders Give … 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 He was seriously interested in who you were and what you had to say.” college president. Source: Sara Lawrence-Lightfoot, Respect Amen! “What creates trust, in the end, is the leader’s manifest respect for the followers.” — Jim O’Toole, Leading Change 39. Leaders Say “Thank You.” “The deepest human need to be appreciated.” need is the William James 40. Leaders Are … Curious. The Three Most Important Letters … WHY? 41. Leadership Is a… Performance. “It is necessary for the President to be the No. 1 actor.” nation’s FDR 42. Leaders … Are The Brand “You must be the change you wish to see in the world.” Gandhi “It’s always showtime.” —David D’Alessandro, Career Warfare 43. Leaders … Have a GREAT STORY! “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 Leader Job 1 Paint Portraits of Excellence! Introspection. 44. Leaders … Enjoy Leading. “Warren, I know you want to ‘be’ president. But do you want to ‘do’ president?” 45. Leaders LAUGH! 46. Leaders … KNOW THEMSELVES. Individuals (would-be leaders) cannot engage in a liberating mutual discovery process unless they are comfortable with their own skin. (“Leaders” who are not comfortable with themselves become petty control freaks.) Questions: What do others think of you? [Are you sure?] What do you think of you? [Are you sure?] What is your impact on others? [Are you sure?] What is your impact on others? [Are you sure?] What is your impact on others? [Are you sure?] What are the “little things” you (perhaps unconsciously) do that cause people to shrivel—or blossom? [Are you sure?] What do you want? [Are you sure?] Are you aware of your changing moods? [Are you sure?] How fragile is your ego? [Are you sure?] Do you have a true confidant? [Are you sure?] Do you perform brief or not-so-brief self-assessments? Do you talk too much? [Are you sure?] Do you know how to listen? [Are you sure?] Do you listen? [Are you sure?] What is your style of “hashing things out”? Are you perceived as (a) arrogant, (b) abrasive (c) attentive, (d) genuinely interested in people, (e) etc? [Are you sure?] Are you flexible? Have you changed your mind about anything important in a while? Are you comfortable-uncomfortable with folks on the front line? Do you think you’re “in touch with the pulse of things around here”? [Are You Sure?] Are you too emotional/intuitive? Are you too unemotional/rational? Do you spend much time with people who are new to you? [Do you think questions like this are “so much BS”?] 47. But … Leaders have MENTORS. Upon having the Leadership Mantle placed upon one’s head, he/she never shall hear the unvarnished truth again!* (*Therefore, she/he needs one faithful compatriot to lay it on with no jelly.) The End Game. 48. Leaders are … RELENTLESS. “This [adolescent] incident [of getting from point A to point B] is notable not only because it underlines Grant’s fearless horsemanship and his determination, but also it is the first known example of a very important Grant had an extreme, almost phobic dislike of turning back and retracing his steps. peculiarity of his character: If he set out for somewhere, he would get there somehow, whatever the difficulties that lay in his way. This idiosyncrasy would turn out to be one the factors that made him such a formidable general. Grant would always, always press on—turning back was not an option for him.” —Michael Korda, Ulysses Grant Relentless: “One of my superstitions had always been when I started to go anywhere or not to turn back , or stop, to do anything, until the thing intended was accomplished.” —Grant “Success seems to be largely a matter of hanging on after others have let go.” —William Feather, author 49. Leaders ???: “Leadership is the PROCESS of ENGAGING PEOPLE in CREATING a LEGACY of EXCELLENCE.” “LEADERS NEED TO BE THE ROCK OF GIBRALTAR ON ROLLER BLADES.” 50. Leaders Free the Lunatic Within! 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 Kevin Roberts’ Credo 1. Ready. Fire! Aim. 2. 3. 4. 5. 6. 7. 8. 9. If it ain’t broke ... Break it! Hire crazies. Ask dumb questions. Pursue failure. Lead, follow ... or get out of the way! Spread confusion. Ditch your office. Read odd stuff. 10. Avoid moderation! “You can’t behave in a calm, rational manner. You’ve got to be out there on the lunatic fringe.” — Jack Welch 51. Leaders Relentlessly Pursue … Excellence “Excellence can be obtained if you: ... care more than others think is wise; ... risk more than others think is safe; ... dream more than others think is practical; ... expect more than others think is possible.” Source: Anon. (Posted @ tompeters.com by K.Sriram, November 27, 2006 1:17 AM) Attending to the “Last 98%”: The New Management “Science,” or … “Hard Is Soft, Soft Is Hard” Tom Peters/18.02.2008 S = f( ___ ) Success Is a Function of … S = f(#&DR; -2L, -3L, 4L; I&E) Number and depth of relationships 2, 3, and 4 levels down, inside and outside the organization S = f(SD>SU) Sucking down is more important than sucking up—the idea is to have the entire organization working for you. S = f(#non-FF, #non-FL) Number of friends, number of lunches with people not in my function S = f(#FF) Number of friends in the finance function-organization S = f(OF) Oddball friends S = f(PDL) Purposeful, deep listening—this is very hard S + f(#EODD3MC) Number of end-of-the-day difficult (you’d rather avoid) “3-minutecalls” that soothe raw feelings, mend fences, etc S = f(UFP, UFK, OAPS) Unsolicited favors performed, UFs involving co-workers’ kids, overt acts politeness-solicitude toward co-workers’ spouses, parents, etc. S = f(#TN + #C) Number of thank you notes sent, number of people consulted about an issue-decision (courtesy Roger Rosenblatt) S = f(SU) Showing up (Woody Allen, Deleware’s ridiculous influence on the U.S. Constitution) S = f(1D) Seeking the assignment of writing first drafts, minutes, etc (1787) S = f(#SEAs) Number of solid relationships with Executive Assistants S = f(%UL/w-m) % useful lunches per week, month S = f(FG,FOC-BOF, CMO) Favors given, favors owed collectively, balance of favors, conscious management thereof S = f(CPRM, TS) Conscious-planned Relationship management, time spent thereon S = f(TN/d, FG/m, AA/d) Thank you notes per Day, flowers given per Month, Acts of Appreciation per Day S = f(PT100%A“T”S, E“NMF”—TTT) Proactive, timely, 100% apologies for “tiny” screw-ups, even if not my fault (it always takes two to tango) S = f(AMR, NBS-SG) Acceptance of mutual responsibilities for all affairs, no blameshifting, scape-goating S = f(APLSLFCT) Awareness, perception of little snubs—and lightening fast correction thereof S = f(G) Grace S = f(GA) Grace toward adversary S = f(GW) Grace toward the wounded in bureaucratic firefights S = f(PD) Purposeful decency S = f(TSPD, TSP-L1) Time spent on promotion decisions, especially for 1st level managers S = f(%“SS”, H-PD) % soft stuff involved in Hiring, Promotion decisions S = (TWA, P, NP) Time wandering around, purposeful, non-planned S = f(SBS) Slack built into Schedule S= f(TSHR) Time spent … Hurdle Removing S = f(%TM“TSS,” PM“TSS,” D“TD”“TSS”) % of time, measured, on This Soft Stuff, purposeful management of this Soft Stuff, daily “to do” concerning “this Soft Stuff” S = f(MB“TSS”MR) Purposeful management of this Soft Stuff by people reporting to me S = f(EC, MMO) Emotional connection, mgt & maintenance of S = f(IMDOP) Investment in Mastery of detailed organization processes S = f(H-TS) Time spent on Hiring S = f(%TM“TSS,” PM“TSS,” D“TD”“TSS”) % of time, measured, on This Soft Stuff, purposeful management of this Soft Stuff, daily “to do” concerning “this Soft Stuff” Q: But where’s the beef? A: This is the beef! “Hard” is “soft.” “Soft” Is “hard.”