all you need to know* *more or less (and in addition to the other speakers at glas)

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All You Need to Know* *more or less (and in addition to the other speakers at GLAS) Tom Peters/Global Leaders Africa Summit/Johannesburg/21June2006

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All You Need to Know* *more or less (and in addition to the other speakers at GLAS) Tom Peters/Global Leaders Africa Summit/Johannesburg/21June2006. 25. All You Need to Know* *more or less (and in addition to the other speakers at GLAS). Slides at … tompeters.com. The Irreducible209. - PowerPoint PPT Presentation

TRANSCRIPT

Page 1: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

All You Need to Know*

*more or less (and in addition to the other speakers at GLAS)

Tom Peters/Global Leaders Africa Summit/Johannesburg/21June2006

Page 2: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

2255

Page 3: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

All You Need to Know*

*more or less (and in addition to the other speakers at GLAS)

Page 4: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Slides at …

tompeters.com

Page 5: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

The Irreducible20

9

Page 6: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

A frustrated participant at a seminar for investment bankers in Mauritius listened impatiently to my explanation of differences of opinion among me, Mike Porter,

Gary Hamel, Jim Collins, etc. Finally, he’d had enough. “What, if anything,” he asked,

“do you believe ‘for sure’?” I mumbled something, but his query started rumbling

around in my mind. Three days later, wandering on a Sunday in London, the idea of “the irreducibles” occurred to

me—and I started jotting down notes on stuff I do indeed believe “for sure.” Before

I knew it, a few days later, the list had grown to 209 items. Hence “The Irreducible209” that follows.

Tom Peters

Page 7: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

1. Hare 1, Tortoise 0. (Hare-y times.)2. Tempo. (O.O.D.A.)3. MBWA.4. Appreciation. (“Motivator” #1.) (Can’t be faked. Good.)5. Decency.6. Hurry.7. Time out.8. One matters. 9. Big change. Short time. (Alt not work.)10. Excellence. Always.11. Passion. Energy. Hustle. Enthusiasm. Exuberance. (Move mountains. No alt.)12. You must care.13. Emotion.14. Hard is soft. (Soft is hard.)

Page 8: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Astounding Tales

Page 9: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

THREE BILLION NEW CAPITALISTS

—Clyde Prestowitz

Page 10: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“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

Page 11: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“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

Page 12: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

ETC.

Page 13: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

All You Need to Know*

*more or less

Page 14: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Cause

Page 15: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Create a ‘cause,’ not a ‘business.’’

—Gary Hamel

Page 16: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“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)

Page 17: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“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

Page 18: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Quest

Page 19: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“I don’t know.”

Source: Karl Weick

Page 20: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“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.”

Source: Organizing Genius/Warren Bennis & Patricia Ward Biederman

Page 21: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Leadership’s Mt Everest

“free to do his or her absolute

best” …

“allow its members to

discover their greatness.”

Page 22: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“The role of the Director is to create a

space where the actor or actress can become more than they’ve ever been before, more than

they’ve dreamed of being.” —Robert Altman, Oscar

acceptance

Page 23: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“In the end, management doesn’t

change culture. Management

invites

the workforce itself to change the culture.”

—Lou Gerstner

Page 24: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“We are a ‘life

Success Company”’

—Dave Linegar, founder, RE/MAX

Page 25: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Best Story

Page 26: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Storytelling

is the core of culture.”

—Branded Nation: The Marketing of Megachurch, College Inc., and Museumworld, James Twitchell

Page 27: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

People

Page 28: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Leaders

‘do’ people.” —Anon.

Page 29: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Les Wexner:

From sweaters to

people!

Page 30: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Connoisseur of Talent”

Source: Colleague on PARC’s Bob Taylor

Page 31: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“We believe companies can increase their market cap 50 percent in 3 years. Steve Macadam at Georgia-

Pacific changed 20 of his 40 box plant managers to put more talented, higher paid

managers in charge. He

increased profitability from $25 million to $80

million in 2 years.” —Ed Michaels, War for Talent

Page 32: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Brand = Talent.

Page 33: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

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

Page 34: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

People II

Page 35: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Employees: “Are there enough weird people in the lab

these days?”V. Chmn., pharmaceutical house, to a lab director

Page 36: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

People III

Page 37: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

A review of Jack and Suzy Welch’s Winning claims there are but two key differentiators that set GE “culture” apart from the herd:

First: Separating financial forecasting and performance measurement. Performance measurement based, as it usually is, on budgeting leads to an epidemic of gaming the system. GE’s performance measurement is divorced from budgeting—and instead reflects how you do relative to your past performance and relative to competitors’ performance; ie it’s about how you actually do in the context of what happened in the real world, not as compared to a gamed-abstract plan developed last year.

Second: Putting HR on a par with finance and marketing.

Page 38: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

DD$21M

Page 39: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Decency

Page 40: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“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

Page 41: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“The deepest human need is the need to

be appreciated.”—William James

Page 42: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“The two most powerful things in existence: a kind

word and a thoughtful gesture.”

—Ken Langone

Page 43: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Thank you”

Page 44: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Intangibles

Page 45: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Hard is soft. Soft is

hard.”*

*In Search of Excellence

Page 46: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Self-management

Page 47: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“The First step in a ‘dramatic’ ‘organizational

change program’ is obvious—dramatic

personal change!” —RG

Page 48: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“You must be the change you

wish to see in the world.”

Gandhi

Page 49: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

You = Your

Calendar

Page 50: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

MBWA

Page 51: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“A body can pretend to

care, but they can’t pretend

to be there.” — Texas

Bix Bender

Page 52: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“You can’t lead a cavalry charge if

you think you look funny on a horse.”

—John Peers, President, Logical Machine Corporation

Page 53: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“To change minds effectively, leaders make particular use

of two tools: the stories that they tell

and the lives that they

lead.” —Howard Gardner, Changing Minds

Page 54: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Conformity

Page 55: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“To grow, companies need to break out of a

vicious cycle of competitive

benchmarking and imitation.” —W. Chan Kim & Renée Mauborgne,

“Think for Yourself —Stop Copying a Rival,” Financial Times/08.11.03

Page 56: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“The short road to ruin is to emulate the

methods of your adversary.” — Winston

Churchill

Page 57: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Conformity II

Page 58: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“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

Page 59: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Action

Page 60: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Ninety percent of what we call

‘management’ consists of making it difficult for people to get things done.” – Peter

Drucker

Page 61: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“We have a ‘strategic’ plan. It’s

called doing things.”

— Herb Kelleher

Page 62: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Execution is the job of

the business leader.” —Larry Bossidy & Ram

Charan/ Execution: The Discipline of Getting Things Done

Page 63: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Action/Bedrock

Page 64: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“GE has set a standard of candor.

… There is no puffery. … There isn’t an ounce of

denial in the place.” —

Kevin Sharer, CEO Amgen, on the “GE mystique” (Fortune)

Page 65: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Try ItTry ItTry It

Page 66: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“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 (80%)

Page 67: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“We made mistakes. 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 No. 5. By the time our rivals are ready with wires and screws, we are on

version No. 10. It gets back to planning versus acting: We

act from day one; others plan how to plan—for months.”

—Bloomberg by Bloomberg

Page 68: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Screw It Up

Page 69: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Fail. Forward.

Fast.”

–High-tech Exec/PA

Page 70: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Reward excellent failures.

Punish mediocre

successes.”Phil Daniels, Sydney exec

Page 71: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Sam’s Secret

#1!

Page 72: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Tom, very simple. Sam was

not afraid to fail.” —David Glass to TP, on the occasion of

Sam’s induction into The Sales & Marketing Hall of Fame

Page 73: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

4/40

Page 74: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

De-cent-ral-iz-a-tion!

Page 75: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Ex-e-cu-

tion!

Page 76: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Ac-count-a-bil-ity!

Page 77: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

6:15A.M.

Page 78: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Create

Page 79: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“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)

Page 80: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“[Immelt] is now identifying technologies with which GE

will … systematically set out to build

entirely new industries” —Strategy+Business, Fall

2005

Page 81: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Acquisitions are about buying market

share. Our challenge is to create markets.

There is a big difference.” —Peter Job, CEO, Reuters

Page 82: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

What “We” Know “For Sure” About Innovation

Big mergers [by & large] don’t workScale is over-rated

Strategic planning is the last refuge of scoundrelsFocus groups are counter-productive“Built to last” is a chimera (stupid)

Success kills“Forgetting” is impossible

Re-imagine is a charming idea“Orderly innovation process” is an oxymoronic phrase

(= Believed only by morons with ox-like brains)“Tipping points” are easy to identify … long after they will do you any good

“Facts” aren’tAll information making it to the top is filtered

to the point of danger and hilarity“Success stories” are the illusions of egomaniacs (and “gurus”)

If you believe the memoirs of CEOs you should be institutionalized“Herd behavior” (XYZ is “hot”) is ubiquitous

… and amusing“Top teams” are “Dittoheads”

CEOs have little effect on performance“Expert” prediction is rarely better than rolling the dice

Page 83: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Revenue

Page 84: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Analysts … preferred cost cutting, as long as they could see two or three years of EPS growth. I preached revenue and the analysts’ eyes would glaze

over. Now revenue is ‘in’ because so many got caught, and

earnings went to hell. They said, ‘Oh my gosh, you need revenues to

grow earnings over time.’

Well, Duh!” —Dick Kovacevich, Wells

Fargo

Page 85: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

CRO*

*Chief Revenue Officer

Page 86: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

SellSellSell

Page 87: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

. “Everyone lives by selling

something.”

– Robert Louis Stevenson

Page 88: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

SellSellSell

Page 89: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“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

Page 90: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Bonus:

TP.27 … on Selling

(Short) (Personal)

Page 91: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Out-prepare!! (huge time commitment!)Learn the “culture”Practice!Care-EmpathyListen-Empathetic listening (SC)“Listen”-Body languageK.I.S.S. (1-page summary. 1 = 1.)Enthusiasm-ENERGY-“Authenticity”!!OBVIOUS belief in productSelling: Solution-Success-Experience-Dream come true-Love-Dramatic DifferenceSelling: Better STORY! (“Best story wins”)Selling: Yourself! (Brand you)“Obvious” Wow!No exaggeration!Spell out commitments!SIMPLE timelineSell “inside”-First! Thorough!Relationships-“Way down”!!Time!!!! (Eg, build trust)Ooze integrityIntroduce to rest of team, esp “mechanics”SBWA (5K for 5M)Remember: Close!Gotta-make-a-profit (be ready to walk away!)“Good loss”Don’t dis competitors!!Make her-him-target SUCCESSFUL (in a personal way)

Page 92: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Women BuyWomen Lead

Page 93: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Women are the

majority market”

—Fara Warner/The Power of the Purse

Page 94: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

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.

Page 95: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

The Perfect Answer

Jill and Jack buy slacks in black…

Page 96: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)
Page 97: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

10. Women’s Market =

Opportunity No. 1.

Page 98: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“AS LEADERS, WOMEN

RULE: New Studies find that

female managers outshine their male counterparts in almost every measure”

Title, Special Report/BusinessWeek

Page 99: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

10.6

Page 100: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Forget China, India and the

Internet: Economic Growth Is Driven

by Women.” —Headline, Economist,

April 15, 2006, Leader, page 14

Page 101: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Value-added

Page 102: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

$55B

Page 103: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

And …

MasterCard Advisors

Page 104: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Value-added II

Page 105: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“ ‘Disintermediation’ is overrated. Those who fear disintermediation should in fact be afraid of

irrelevance—disintermediation is just another way

of saying that … you’ve become

irrelevant to your customers.”

—John Battelle/Point/Advertising Age/07.05

Page 106: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Answer: Professional Service Firm/PSF!

Department Head

to …

Managing

Partner, IS [HR, R&D, etc.] Inc.

Page 107: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Game-changing Solutions”: Core Mechanism

PSF (Professional Service Firm “model”)

+

Wow Projects (“Different” vs “Better”)

+

Brand You(“Distinct” or “Extinct”)

Page 108: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Experience

Page 109: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)
Page 110: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“It’s simple, really, Tom. Hire for s,

and, above all, promote for s.”

—Starbucks middle manager/field

Page 111: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

CXO**Chief eXperience Officer

Page 112: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Love

Page 113: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Kevin Roberts:

Lovemarks!

Page 114: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Top 10 “Tattoo Brands”*

Harley .… 18.9%Disney .... 14.8

Coke …. 7.7Google .... 6.6Pepsi .... 6.1Rolex …. 5.6Nike …. 4.6

Adidas …. 3.1Absolut …. 2.6

Nintendo …. 1.5

*BRANDsense: Build Powerful Brands through Touch, Taste, Smell, Sight, and Sound, Martin Lindstrom

Page 115: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“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 meaning

of design. Design is the fundamental soul of a man-made creation.”

Steve Jobs

Page 116: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Focus

Page 117: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Dennis, you need a ‘To-don’t ’

List !”

Page 118: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“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

Page 119: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

K.I.S.S.

Page 120: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

450/8

Page 121: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Danger: S.I.O.

(Strategic Initiative Overload)

Page 122: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Change

Page 123: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“If you don’t like change, you’re going to like

irrelevance even less.” —General Eric Shinseki, Chief of Staff. U. S.

Army

Page 124: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“I’m not comfortable

unless I’m uncomfortable.

”—Jay Chiat

Page 125: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“The most successful people are those who are good at

‘plan B.’” —James Yorke,

mathematician, on chaos theory in The New Scientist

Page 126: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Change II

Page 127: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

We become who we hang

out with!

Page 128: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Measure “Strangeness”/Portfolio Quality

StaffConsultants

VendorsOut-sourcing Partners (#, Quality)

Innovation Alliance PartnersCustomers

Competitors (who we “benchmark” against)

Strategic Initiatives Product Portfolio (LineEx v. Leap)

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Page 129: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Don’t benchmark, futuremark!

” Impetus: “The future is already here; it’s just

not evenly distributed” —William Gibson

Page 130: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Change III/BigChange

Page 131: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

No Wiggle Room!

“Incrementalism

is innovation’s worst enemy.”

Nicholas Negroponte

Page 132: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Beware of the tyranny of making Small

Changes to Small Things.

Rather, make Big Changes to

Big Things.” —Roger

Enrico, former Chairman, PepsiCo

Page 133: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Five MYTHS About Changing Behavior

*Crisis is a powerful impetus for change*Change is motivated by fear*The facts will set us free

*Small, gradual changes are always easier to make and sustain*We can’t change because our brains become “hardwired” early in life

Source: Fast Company/05.2005

Page 134: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

BigBiggerBiggest??????

Page 135: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“I don’t believe in

economies of scale. You don’t get better by being bigger. You get worse.” —

Dick Kovacevich/Wells Fargo/Forbes/08.04 (ROA: Wells, 1.7%;

Citi, 1.5%; BofA, 1.3%; J.P. Morgan Chase, 0.9%)

Page 136: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“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

Page 137: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“I am often asked by would-be entrepreneurs seeking escape from life within huge corporate structures, ‘How do I build a small firm for myself?’ The

answer seems obvious: Buy a very large one and just wait.”

—Paul Ormerod, Why Most Things Fail: Evolution, Extinction and Economics

Page 138: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

New Economy?!

Genentech09, Amgen09

> Merck09 (70K-3/394B-5)

Page 139: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Agressive

Page 140: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Nelson’s secret: “[Other] admirals more frightened of losing than

anxious to win”

Page 141: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Tempo

Page 142: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

He who has the quickest

O.O.D.A. Loops* wins!

*Observe. Orient. Decide. Act. / Col. John Boyd

Page 143: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Kevin & Richard

Page 144: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

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!

Page 145: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Sir Richard’s Rules:

Follow your passions.Keep it simple.

Get the best people to help you.Re-create yourself.

Play.

Page 146: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Passion & Enthusiasm

Page 147: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Nothing is so contagious

as enthusiasm.”

—Samuel Taylor Coleridge

Page 148: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“I am a dispenser of

enthusiasm.” —Ben Zander

Page 149: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Enthusiasm … the

ultimate virus

Page 150: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“A man without a smiling face

must not open a shop.” —Chinese Proverb*

*Courtesy Tom Morris, The Art of Achievement

Page 151: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Hustle

Page 152: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Most important,

he upped the energy level

at Motorola.”

—Fortune on Ed Zander/08.05

Page 153: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Sunny

Page 154: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“A leader is a dealer in

hope.”Napoleon

Page 155: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Sunny II

Page 156: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Ronald Reagan radiated an

almost transcendent

happiness.” —Lou Cannon

Page 157: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Aim High

Page 158: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

The greatest dangerfor most of us

is not that our aim istoo high

and we miss it,but that it is

too lowand we reach it.

Michelangelo

Page 159: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Dream

Page 160: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

“Tell me, what is it you plan to

do with your one wild and

precious life?” —Mary Oliver

Page 161: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

HTSH: Engage!*

Commit! Engage! Try! Fail! Get up! Try again! Fail again! Try again! But never,

ever stop moving on! Progress for humanity is engendered by those who join and savor the fray by giving one

hundred percent of themselves to their dreams! Not by those timid souls who

remain glued to the sidelines, stifled by tradition, and fearful of losing face or

giving offense to the reigning authorities.

Key words: Commit! Engage! Try! Fail! Persist!

*HTST/Hands That Shape Humanity, Tom Peters’ contribution to a Bishop Tutu Foundation traveling exhibit

Page 162: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

!

Page 163: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

The Irreducible20

9

Page 164: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

A frustrated participant at a seminar for investment bankers in Mauritius listened impatiently to my explanation of differences of opinion among me, Mike Porter,

Gary Hamel, Jim Collins, etc. Finally, he’d had enough. “What, if anything,” he asked,

“do you believe ‘for sure’?” I mumbled something, but his query started rumbling

around in my mind. Three days later, wandering on a Sunday in London, the idea of “the irreducibles” occurred to

me—and I started jotting down notes on stuff I do indeed believe “for sure.” Before

I knew it, a few days later, the list had grown to 209 items. Hence “The Irreducible209” that follows.

Tom Peters

Page 165: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

1. Hare 1, Tortoise 0. (Hare-y times.)2. Tempo. (O.O.D.A.)3. MBWA.4. Appreciation. (“Motivator” #1.) (Can’t be faked. Good.)5. Decency.6. Hurry.7. Time out.8. One matters. 9. Big change. Short time. (Alt not work.)10. Excellence. Always.11. Passion. Energy. Hustle. Enthusiasm. Exuberance. (Move mountains. No alt.)12. You must care.13. Emotion.14. Hard is soft. (Soft is hard.)

Page 166: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

15. Men. Women. Different. Contend. Connect.16. Women. Buy. All. (RU listening?)17. Quality. (“Mind-blowing.” Beyond 6-Sigma.)18. Re-invent. Re-pot. (Required.)19. Jaywalk.20. Big change. Small # of people. (Always.)21. Experiment. Now.22. Failure. Normal. 23. Most failures, most success. (Fail. Forward. Fast.) 24. “Reward excellent failures. Punish mediocre successes.”25. Women leaders. (Altered times.) 26. Extremism. (Good business. Bad politics.)27. Innovation source. Only. Extreme irritation.28. Smile.

Page 167: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

29. You must care.30. Mentor. (Highest ROI.)31. Best “roster” wins.32. Wow. (Okay in biz.)33. We all have customers. (Biz. Personal.)34. All contacts = Experiences.35. Cirque du Soleil. (Peerless.)36. Leaders create space for growth.37. Quests. (Only.)38. High aspirations, “high” results. (Self-fulfilling prophecy.)39. Attitude 1, Skills 0. (Mostly.) (Attitude 1, Skill 0.3?)40. Sometimes: Skill 1, Attitude 0.1.41. Must “love,” not “like.”42. Wegman’s.” (No excuses. “Mere” groceries.)43. Less than your best. Cheating.

Page 168: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

44. Brand You. (No alt.)45. Self-sufficiency. (Biggest LT turn-on.)46. In the moment.47. The moment wins.48. Tomorrow = Never. 49. Action 1, Plan 0.1.50. “Execution” can be a “system.”51. Realism.52. Own up. Move on.53. Accountability.54. Work hard > Work smart. (Mostly.)55. Feedback. Necessary. Fast. (R.F.A. in “RFA times.”)56. Customers. Listen. Lead. (Paradox.)57. “On stage.” Always. (GW, FDR, RG = Supreme actors.)

Page 169: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

58. Master statistical analysis.59. Excellence = Set the table.60. Legacy. (Will it have mattered?)61. “Great.” (Why not?)62. Radicals rule. (Think … Olympics.)63. !!! = Good.64. Red 1, Brown 0. (Red times.)65. Talk. Listen. (“Big 2.” Master.)66. Politics. (Normal-inevitable state of affairs. Master.)67. Student. Forever.68. “Why?” (Question #1.)69. Don’t belittle.70. Respect.71. All we have: this moment. (“Moments matter most”?) 72. Now. (Procrastination. Death.)

Page 170: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

73. Exercise.74. Paint. (Leader. Portraits of Excellence.)75. Best story wins.76. “You must be the change you wish to see in the world.”77. Two “big ones.” Max. (Priorities.)78. No “I” in Team. (“I” in Win.)79. “I” in Win. (No “I” in Team.)80. Different 1, Better 0. (Better = 0.1)81. Imitation = Mistake. (Learn, from who?)82. Choose/battle the “right” competitor.83. Schools. Creativity. Entrepreneurship. (Not.)84. MBAs. Creativity. Entrepreneurship. Leadership. (Not.)85. Design. Under-rated. Wildly. (Still.) (Everything.)

Page 171: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

86. You = Calendar. (Calendar. Never. Lies.)87. Laugh.88. Handshake. (Quantity. Quality.)89. Don’t fold your hands in front of your

chest. Ever. (Never.)90. Grace. (“Works” in biz.)91. Weird. Wins. (Weird times.)92. Crazy times. Crazy orgs.93. Internet. All.94. Women. Boomers-Geezers. Market. All.95. Passion. (Repeat. So what?)96. Energy. (Repeat. So what?)97. Hustle. (Repeat. So what?)98. Enthusiasm. (Repeat. So what?)99. Exuberance. (Repeat. So what?)100. Smile. (Repeat. So what?)101. Care. (Repeat. So what?)

Page 172: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

102. Simplicity. Redundancy. Resilience. Bloody- mindedness. Visible optimism. (Success.) 103. Act. (Repeat. So what?) 104. Appreciate. (Repeat. So what?)105. Fun. (Biz. Why not?)106. Joy. (Biz. Why not?)107. Sales = Life.108. Marketing = Life.109. Long-term. “Top line.”110. Great company = Creates the most individual success stories. (RE/MAX)111. Talent first, performance byproduct.112. Sustained Wow* 1, “Shareholder value,” 0.2 (*Product, People.)113. Commitment, by invitation only.114. Creativity, by invitation only. 115. HR = #1. (Ought to.)116. Face-to-face. (5K miles, 5 minutes.)

Page 173: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

117. Negotiation. Make all winners. (Save face.)118. Grace makes enemies friends.119. Network.120. Invest in relationships. (Think ROIR. Return On Investment in Relationships.)118. Relationship investment. Forethought. Calendar item. Intensity.119. Innovation. Easy. (Hang out with weird.)120. Weird = Win. (Weird times.)121. “The bottleneck is at the top of the bottle.”122. Good Board = Weird Board. (At least, surprising.)123. No contention, no progress.

Page 174: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

124. “Crucial conversations.” “Crucial confrontations.” (Study. Learn. Do.)125. Honest feedback.126. Gaspworthy. Yes. 127. “Insanely great.”128. “Astonish me.”129. “Make it immortal.”130. “Will you remember it in 20 years?”131. No small opportunities. (Reframe.)132. One playmate, one playpen = Enough.133. End run. Sensible.134. Allies are there for the finding.135. Find successes. Build on successes. (Pos > Neg. Encourage > Fix.)136. Somebody’s doing it today. Find ’em.137. Someone is living 2016 in 2006. (Find ’em. Study ’em.)

Page 175: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

138. Don’t “benchmark,” “futuremark.” (2016. Happening. Somewhere.)139. “PMA.” It works.140. There are no experts. (You are the expert.)141. Life is short. 142. “Sustained success.” Fat chance. Make today matter. (“Sustained.” Ha.)143. Collaborate. (Networked world.)144. Go solo. (Individual. Unit of Intellectual Capital.)145. There are no “perfect” plans. (Do. Wins.)146. Plans motivate. (Right or wrong. Sense of purpose.)147. Never rest.148. Get some sleep.149. Winning = Embracing paradox.150. Ambiguity = Opportunity.

Page 176: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

151. Resilience.152. Relentless-ness.153. None. Above. Comeuppance. (GM. Sears. U.S. Steel. DEC.)154. Be yourself. Period.155. Never work with jerks. Including customers. (Life. Too short.)156. Under-promise, over-deliver.157. Talent. (Powerful word.)158. “Customer = Anyone whose actions affect your results.”159. Competition stinks. (Seek the soft spots where you can dominate.)160. K.I.S.S./Keep It Simple, Stupid.161. Beauty. (Good biz word.)162. “See the beauty in a hamburger bun.” (Go. Ray.)

Page 177: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

163. Own up. Quick. ( Denial. Cancer.)164. Celebrate. Often.165. 78 people = 78 approaches. (Each. Unique.)166. Weed. Ceaselessly. (Prune. Stupid. Rules. Non-stop.)167. Get out of the way. (You = The problem.)168. Smile. Sunny. Optimism. (If it kills you.)169. Flowers. (Cheery workplace.)170. Enjoy. (Or get the hell.)171. Be intolerant of “sour.” (1 = Major pollution)172. No “quick trigger” on promotion. (Too important.)173. Evaluation = Lots of study-time.174. Evaluation = “Life or death” to evaluee.175. “360” evaluation. No fad.176. Exit when you’re done. (Done. Sooner than you think.)

Page 178: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

177. Today. Now. My Project. Am. Is. I. Period.178. “Beautiful” systems. (Good biz phrase. Not oxymoron.)179. Build on strengths > Fix weaknesses.180. “To don’t” = “To do.” (“To don’t” > “To do” ?)181. Leaders “Do” People. (Period.)182. Leaders enjoy leading.183. Serious leadership training = Serious.184. Priorities. Obvious. (Or else.)185. 5 “Priorities” = 0 Priorities. (3 “Priorities” = 0 Priorities?)186. People. First. Last. Always.187. It. Is. Always. The. People.

Page 179: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

188. Handshake. (Quantity. Quality.)189. Don’t fold your hands in front of your chest. Ever. (Never.)190. Simplicity. Redundancy. Resilience. Bloody-mindedness. Visible optimism. (Success.) (Repeat.)191. Employee Entrance = Guest Entrance.192. Put the customer SECOND. (Thanks, Hal.)193. Flowers. (Or did I say that before? No matter if I did.)194. Big Mergers don’t work. Small acquisitions can/do work—if you don’t screw with their energy.

Page 180: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

195. Instinctively “head for the front line.” (In all contexts.)196. Success = DDMMPR/"D-squared, M-squared, PR” = DramDiff + Money-Financial Acumen + Good “Marketing” Instincts + Stellar People + Resilience (The “fab five”: What. Every. Small. Biz. Needs.) (Big too.)197. Core Mechanism (“Game-changing Solutions”): PSF (Professional Service Firm “model”) + Wow! Projects (“Different” vs “Better”) + Brand You (“Distinct” or “Extinct”)198. 2011/2016 has already happened. Find it.

Page 181: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

199. Kids “know” kids. Oldies “know” oldies. Women “know” women. (Staff accordingly.)200. Everybody is my customer.201. Cosset “vendors.”202. I want to run a Housekeeping department. (And you?)203. The military doesn’t follow the “military model.” (Initiative = Excellence.)204. No such thing as “going to absurd lengths” to serve the Customer. (HSM & Lefties.)205. Forget the “customer.” All = “Clients.”206. It takes decades to get over “sleights.” (So don’t sleight.)207. Don’t “dumb down.” Ever.

Page 182: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

208. NO LESS THAN EXCELLENCE. EVER.209. EXCELLENCE. ALWAYS.

Page 183: All You Need to Know* *more or less (and in addition to the other speakers at GLAS)

Work In Progress

XXX. One size fits. One. Only. (Evaluations. Period.)XXX. Teaching. Individualized. Only. (6 billion people = 6 billion learning trajectories.) (Montessori.)XXX. First impression. Matters. Shapes all that comes. Hard to overcome. (Understatement.)XXX. Jerks. Don’t work with. (Life = Too short.)XXX. Manage [the hell out of] first impressions.XXX. Last impression. Matters. Dominates memory. Hard to overcome. (Understatement.)XXX. Manage [the hell out of] last impressions.XXX. Plain English.XXX. K.I.S.S. (450/8.)XXX. $798. $55,000,000,000. 3,000,000,000. 7AM-7PM. 6:15AM.XXX. Donnelly Weatherstrip rules.XXX. Managers do things right. Leaders do the right thing. NOT.