all you need to know* *more or less tom peters/21june2006

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All You Need to Know* *more or less Tom Peters/21June2006

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All You Need to Know* *more or less Tom Peters/21June2006. 25. All You Need to Know* *more or less. Slides at … tompeters.com. Astounding Tales. THREE BILLION NEW CAPITALISTS —Clyde Prestowitz. - PowerPoint PPT Presentation

TRANSCRIPT

Page 1: All You Need to Know* *more or less Tom Peters/21June2006

All You Need to Know*

*more or less

Tom Peters/21June2006

Page 2: All You Need to Know* *more or less Tom Peters/21June2006

25

Page 3: All You Need to Know* *more or less Tom Peters/21June2006

All You Need to Know*

*more or less

Page 4: All You Need to Know* *more or less Tom Peters/21June2006

Slides at …

tompeters.com

Page 5: All You Need to Know* *more or less Tom Peters/21June2006

Astounding Tales

Page 6: All You Need to Know* *more or less Tom Peters/21June2006

THREE BILLION NEW CAPITALISTS

—Clyde Prestowitz

Page 7: All You Need to Know* *more or less Tom Peters/21June2006

“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 8: All You Need to Know* *more or less Tom Peters/21June2006

“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 9: All You Need to Know* *more or less Tom Peters/21June2006

“the metabolically

dominant soldier”

Source: Radical Evolution: The Promise and Peril of Enhancing Our Minds, Our Bodies—and What It Means to Be Human, Joel Garreau

Page 10: All You Need to Know* *more or less Tom Peters/21June2006

ETC.

Page 11: All You Need to Know* *more or less Tom Peters/21June2006

Chicagoland’s

Mystery Disappearances …

Page 12: All You Need to Know* *more or less Tom Peters/21June2006

“New Economy”!

Sergey + Larry >

Harvard/370

Page 13: All You Need to Know* *more or less Tom Peters/21June2006

All You Need to Know*

*more or less

Page 14: All You Need to Know* *more or less Tom Peters/21June2006

Cause

Page 15: All You Need to Know* *more or less Tom Peters/21June2006

“Create a ‘cause,’ not a ‘business.’’

—Gary Hamel

Page 16: All You Need to Know* *more or less Tom Peters/21June2006

“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 Tom Peters/21June2006

“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 Tom Peters/21June2006

Quest

Page 19: All You Need to Know* *more or less Tom Peters/21June2006

“I don’t know.”

Source: Karl Weick

Page 20: All You Need to Know* *more or less Tom Peters/21June2006

“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 Tom Peters/21June2006

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 Tom Peters/21June2006

“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 Tom Peters/21June2006

“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 Tom Peters/21June2006

“We are a ‘life

Success Company”’

—Dave Linegar, founder, RE/MAX

Page 25: All You Need to Know* *more or less Tom Peters/21June2006

Best Story

Page 26: All You Need to Know* *more or less Tom Peters/21June2006

“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 Tom Peters/21June2006

Artist

Page 28: All You Need to Know* *more or less Tom Peters/21June2006

Leader Job One

Paint Portraits of

Excellence!

Page 29: All You Need to Know* *more or less Tom Peters/21June2006

People

Page 30: All You Need to Know* *more or less Tom Peters/21June2006

“Leaders

‘do’ people.” —Anon.

Page 31: All You Need to Know* *more or less Tom Peters/21June2006

Les Wexner:

From sweaters to

people!

Page 32: All You Need to Know* *more or less Tom Peters/21June2006

“Connoisseur of Talent”

Source: Colleague on PARC’s Bob Taylor

Page 33: All You Need to Know* *more or less Tom Peters/21June2006

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

Page 34: All You Need to Know* *more or less Tom Peters/21June2006

“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 35: All You Need to Know* *more or less Tom Peters/21June2006

Brand = Talent.

Page 36: All You Need to Know* *more or less Tom Peters/21June2006

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 37: All You Need to Know* *more or less Tom Peters/21June2006

People II

Page 38: All You Need to Know* *more or less Tom Peters/21June2006

Employees: “Are there enough weird people in the lab

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

Page 39: All You Need to Know* *more or less Tom Peters/21June2006

People III

Page 40: All You Need to Know* *more or less Tom Peters/21June2006

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 41: All You Need to Know* *more or less Tom Peters/21June2006

DD$21M

Page 42: All You Need to Know* *more or less Tom Peters/21June2006

Decency

Page 43: All You Need to Know* *more or less Tom Peters/21June2006

“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 44: All You Need to Know* *more or less Tom Peters/21June2006

Amen!

“What creates trust, in the end,

is the leader’s manifest respect

for the followers.”

— Jim O’Toole, Leading Change

Page 45: All You Need to Know* *more or less Tom Peters/21June2006

“I have always believed that the

purpose of the corporation is to be

a blessing to the employees.” —Boyd Clarke

Page 46: All You Need to Know* *more or less Tom Peters/21June2006

Grace

Page 47: All You Need to Know* *more or less Tom Peters/21June2006

Rodale’s on “Grace” …

elegance … charm … loveliness … poetry in motion … kindliness ..

benevolence … benefaction …

compassion … beauty

Page 48: All You Need to Know* *more or less Tom Peters/21June2006

“Thank you”

Page 49: All You Need to Know* *more or less Tom Peters/21June2006

“The deepest human need is the need to

be appreciated.”—William James

Page 50: All You Need to Know* *more or less Tom Peters/21June2006

“The two most powerful things in existence: a kind

word and a thoughtful gesture.”

—Ken Langone

Page 51: All You Need to Know* *more or less Tom Peters/21June2006

Say it with …

FLOWERS

Page 52: All You Need to Know* *more or less Tom Peters/21June2006

Intangibles

Page 53: All You Need to Know* *more or less Tom Peters/21June2006

“Hard is soft. Soft is

hard.”*

*In Search of Excellence

Page 54: All You Need to Know* *more or less Tom Peters/21June2006

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.] [Otherwise, why bother?

Just read Dilbert. TP’s final words: CYNICISM STINKS.]

Page 55: All You Need to Know* *more or less Tom Peters/21June2006

Intangibles II*(*Bonus)

Page 56: All You Need to Know* *more or less Tom Peters/21June2006

Stating the Obvious: THE PROBLEM IS RARELY THE

PROBLEM.

Page 57: All You Need to Know* *more or less Tom Peters/21June2006

OFTEN AS NOT/MORE OFTEN

THAN NOT THE UNDERLYING

PROBLEM IS IN FACT NOT MUCH OF

A PROBLEM.

Page 58: All You Need to Know* *more or less Tom Peters/21June2006

PERCEPTION IS ALL THERE

IS. PERIOD.*

*From Whole Foods to IBM to the corner deli

Page 59: All You Need to Know* *more or less Tom Peters/21June2006

POWER WORDS!

“I’m sorry.”

Page 60: All You Need to Know* *more or less Tom Peters/21June2006

Relationships (of all varieties): THERE ONCE WAS A TIME WHEN A THREE-MINUTE PHONE

CALL WOULD HAVE AVOIDED SETTING OFF

THE DOWNWARD SPIRAL THAT RESULTED IN A COMPLETE RUPTURE.

Page 61: All You Need to Know* *more or less Tom Peters/21June2006

Self-management

Page 62: All You Need to Know* *more or less Tom Peters/21June2006

“The First step in a ‘dramatic’ ‘organizational

change program’ is obvious—dramatic

personal change!” —RG

Page 63: All You Need to Know* *more or less Tom Peters/21June2006

You = Your

Calendar

Page 64: All You Need to Know* *more or less Tom Peters/21June2006

“You must be the change you

wish to see in the world.”

Gandhi

Page 65: All You Need to Know* *more or less Tom Peters/21June2006

MBWA

Page 66: All You Need to Know* *more or less Tom Peters/21June2006

“You can’t lead a cavalry charge if

you think you look funny on a horse.”

—John Peers, President, Logical Machine Corporation

Page 67: All You Need to Know* *more or less Tom Peters/21June2006

“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 Mask of Command

Page 68: All You Need to Know* *more or less Tom Peters/21June2006

“A body can pretend to

care, but they can’t pretend

to be there.” — Texas

Bix Bender

Page 69: All You Need to Know* *more or less Tom Peters/21June2006

“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 70: All You Need to Know* *more or less Tom Peters/21June2006

Curiosity

Page 71: All You Need to Know* *more or less Tom Peters/21June2006

“Why?”

Page 72: All You Need to Know* *more or less Tom Peters/21June2006

Ears

Page 73: All You Need to Know* *more or less Tom Peters/21June2006

“If you don’t listen, you don’t sell

anything.”

—Carolyn Marland/MD/Guardian Group

Page 74: All You Need to Know* *more or less Tom Peters/21June2006

Conformity

Page 75: All You Need to Know* *more or less Tom Peters/21June2006

“While everything may

be better, it is also

increasingly the same.”—Paul Goldberger on retail, “The Sameness

of Things,” The New York Times

Page 76: All You Need to Know* *more or less Tom Peters/21June2006

“Companies have defined so much

‘best practice’ that they are now more or less identical.” —

Jesper Kunde, Unique Now ... or Never

Page 77: All You Need to Know* *more or less Tom Peters/21June2006

“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

Page 78: All You Need to Know* *more or less Tom Peters/21June2006

“The short road to ruin is to emulate the

methods of your adversary.” — Winston

Churchill

Page 79: All You Need to Know* *more or less Tom Peters/21June2006

Conformity II

Page 80: All You Need to Know* *more or less Tom Peters/21June2006

“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 81: All You Need to Know* *more or less Tom Peters/21June2006

Action

Page 82: All You Need to Know* *more or less Tom Peters/21June2006

“Ninety percent of what we call

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

Drucker

Page 83: All You Need to Know* *more or less Tom Peters/21June2006

“We have a ‘strategic’ plan. It’s

called doing things.”

— Herb Kelleher

Page 84: All You Need to Know* *more or less Tom Peters/21June2006

“Execution is the job of

the business leader.” —Larry Bossidy & Ram

Charan/ Execution: The Discipline of Getting Things Done

Page 85: All You Need to Know* *more or less Tom Peters/21June2006

Action/Bedrock

Page 86: All You Need to Know* *more or less Tom Peters/21June2006

“Realism is the heart of execution.”

—Larry Bossidy & Ram Charan/Execution: The Discipline of Getting Things Done

Page 87: All You Need to Know* *more or less Tom Peters/21June2006

“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 88: All You Need to Know* *more or less Tom Peters/21June2006

Try ItTry ItTry It

Page 89: All You Need to Know* *more or less Tom Peters/21June2006

“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 90: All You Need to Know* *more or less Tom Peters/21June2006

“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 91: All You Need to Know* *more or less Tom Peters/21June2006

Culture of Prototyping

“Effective prototyping may

be the most valuable core competence an

innovative organization can hope to have.”

Michael Schrage

Page 92: All You Need to Know* *more or less Tom Peters/21June2006

Try It/Logic of

Page 93: All You Need to Know* *more or less Tom Peters/21June2006

“We are in a brawl with no rules.” —Paul

Allaire

Page 94: All You Need to Know* *more or less Tom Peters/21June2006

S.A.V.

Page 95: All You Need to Know* *more or less Tom Peters/21June2006

Screw Around Vigorously

Page 96: All You Need to Know* *more or less Tom Peters/21June2006

Screw It Up

Page 97: All You Need to Know* *more or less Tom Peters/21June2006

“Fail faster. Succeed sooner.”

David Kelley/IDEO

Page 98: All You Need to Know* *more or less Tom Peters/21June2006

“Fail. Forward.

Fast.”

–High-tech Exec/PA

Page 99: All You Need to Know* *more or less Tom Peters/21June2006

“FAIL, FAIL AGAIN. FAIL BETTER.”

—Samuel Beckett

Page 100: All You Need to Know* *more or less Tom Peters/21June2006

“Reward excellent failures.

Punish mediocre

successes.”Phil Daniels, Sydney exec

Page 101: All You Need to Know* *more or less Tom Peters/21June2006

Read This!

Richard Farson & Ralph Keyes:

Whoever Makes the Most Mistakes Wins: The Paradox

of Innovation

Page 102: All You Need to Know* *more or less Tom Peters/21June2006

Sam’s Secret

#1!

Page 103: All You Need to Know* *more or less Tom Peters/21June2006

“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 104: All You Need to Know* *more or less Tom Peters/21June2006

4/40

Page 105: All You Need to Know* *more or less Tom Peters/21June2006

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

Page 106: All You Need to Know* *more or less Tom Peters/21June2006

Ex-e-cu-

tion!

Page 107: All You Need to Know* *more or less Tom Peters/21June2006

Ac-count-a-bil-ity!

Page 108: All You Need to Know* *more or less Tom Peters/21June2006

6:15A.M.

Page 109: All You Need to Know* *more or less Tom Peters/21June2006

Dramatic Difference

Page 110: All You Need to Know* *more or less Tom Peters/21June2006

Point of View!/Point of Dramatic Difference!

Page 111: All You Need to Know* *more or less Tom Peters/21June2006

7X. 730A-800P. F12A.*

*’93-’03/10 yr annual return: CB: 29%; WM: 17%; HD: 16%. Mkt Cap: 48% p.a.

Page 112: All You Need to Know* *more or less Tom Peters/21June2006
Page 113: All You Need to Know* *more or less Tom Peters/21June2006

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

and, above all, promote for s.”

—Starbucks middle manager/field

Page 114: All You Need to Know* *more or less Tom Peters/21June2006

“[Immelt] is now identifying technologies with which GE

will … systematically set out to build

entirely new industries” —Strategy+Business, Fall

2005

Page 115: All You Need to Know* *more or less Tom Peters/21June2006

The “Small Guys” Guide: Wallop Wal*Mart16

*Niche-aimed. (Never, ever “all things for all people,” a “mini-Wal*Mart.)

*Never attack the monsters head on! (Instead steal niche business and lukewarm customers.)

*“Dramatically Different” (La Difference ... within our community, our

industry regionally, etc … is as obvious as the end of one’s nose!) (THIS IS WHERE MOST MIDGETS COME UP SHORT.)

*Compete on value/experience/intimacy, not price. (You ain’t gonna beat the behemoths on cost-price in 9.99 out of 10 cases.)

*Emotional bond with Clients, Vendors. (BEAT THE BIGGIES ON EMOTION/CONNECTION!!)

Page 116: All You Need to Know* *more or less Tom Peters/21June2006

Donnelly’s Weatherstrip

Service

Weymouth MA

Page 117: All You Need to Know* *more or less Tom Peters/21June2006

Great Companies … SET THE

AGENDA.*

(Period.)

* “disturb the sleep of …

Page 118: All You Need to Know* *more or less Tom Peters/21June2006

AGENDA SETTERS: “Set the Table”/ Pioneers/ Questors/ Adventurers

US Steel … Ford … Toyota … Sears … GM … ITT … The Gap … Limited …

Wal*Mart … Tesco … P&G … 3M … Intel … IBM … Apple … Nokia …

Cisco … Dell … MCI … Sun … Microsoft … Google … Enron …

Schwab … GE … Laker … Southwest … People Express … Ogilvy … Virgin

… eBay … Amazon … Sony … Amgen … BMW … CNN … Nike

Page 119: All You Need to Know* *more or less Tom Peters/21June2006

“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

Page 120: All You Need to Know* *more or less Tom Peters/21June2006

Create

Page 121: All You Need to Know* *more or less Tom Peters/21June2006

“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 122: All You Need to Know* *more or less Tom Peters/21June2006

“Acquisitions are about buying market

share. Our challenge is to create markets.

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

Page 123: All You Need to Know* *more or less Tom Peters/21June2006

Revenue

Page 124: All You Need to Know* *more or less Tom Peters/21June2006

“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 125: All You Need to Know* *more or less Tom Peters/21June2006

CRO*

*Chief Revenue Officer

Page 126: All You Need to Know* *more or less Tom Peters/21June2006

Top Line, Anyone?

Point (Advertising Age), to Phil Kotler: “Who should the CMO [Chief Marketing Officer] report to?”

Kotler: “Maybe a Chief Revenue Officer—the cost side has been squeezed, now companies have to focus

on top-line growth—or maybe a Chief Customer Officer. (TP: Or maybe both!)

Page 127: All You Need to Know* *more or less Tom Peters/21June2006

SellSellSell

Page 128: All You Need to Know* *more or less Tom Peters/21June2006

. “Everyone lives by selling

something.”

– Robert Louis Stevenson

Page 129: All You Need to Know* *more or less Tom Peters/21June2006

SellSellSell

Page 130: All You Need to Know* *more or less Tom Peters/21June2006

“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 131: All You Need to Know* *more or less Tom Peters/21June2006

Bonus:

TP.27 … on Selling

(Short) (Personal)

Page 132: All You Need to Know* *more or less Tom Peters/21June2006

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 133: All You Need to Know* *more or less Tom Peters/21June2006

“It’s always showtime.”

—David D’Alessandro, Career Warfare

Page 134: All You Need to Know* *more or less Tom Peters/21June2006

Women BuyWomen Lead

Page 135: All You Need to Know* *more or less Tom Peters/21June2006

“Women are the

majority market”

—Fara Warner/The Power of the Purse

Page 136: All You Need to Know* *more or less Tom Peters/21June2006

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 137: All You Need to Know* *more or less Tom Peters/21June2006

10. Women’s Market =

Opportunity No. 1.

Page 138: All You Need to Know* *more or less Tom Peters/21June2006

The Perfect Answer

Jill and Jack buy slacks in black…

Page 139: All You Need to Know* *more or less Tom Peters/21June2006
Page 140: All You Need to Know* *more or less Tom Peters/21June2006

“AS LEADERS, WOMEN

RULE: New Studies find that

female managers outshine their male counterparts in almost every measure”

Title, Special Report/BusinessWeek

Page 141: All You Need to Know* *more or less Tom Peters/21June2006

10.6

Page 142: All You Need to Know* *more or less Tom Peters/21June2006

“To be a leader in consumer

products, it’s critical to have

leaders who represent the population we

serve.” —Steve Reinemund/PepsiCo

Page 143: All You Need to Know* *more or less Tom Peters/21June2006

????????

6/44

Page 144: All You Need to Know* *more or less Tom Peters/21June2006

“Forget China, India and the

Internet: Economic Growth Is Driven

by Women.” —Headline, Economist,

April 15, 2006, Leader, page 14

Page 145: All You Need to Know* *more or less Tom Peters/21June2006

Boomers Buy

Geezers Buy

Page 146: All You Need to Know* *more or less Tom Peters/21June2006

2000-2010 Stats

18-44: -1%

55+: +21%(55-64: +47% )

Page 147: All You Need to Know* *more or less Tom Peters/21June2006

44-65: “New Customer Majority” *

*45% larger than 18-43; 60% larger by 2010Source: Ageless Marketing, David Wolfe & Robert Snyder

Page 148: All You Need to Know* *more or less Tom Peters/21June2006

Value-added

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$55B

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And the “M” Stands for … ?

Gerstner’s IBM: “Systems Integrator of choice.”/BW

(“Lou, help us turn ‘all this’ into that long-promised ‘revolution.’ ” )

IBM Global Services* (*Integrated Systems

Services Corp.): $55B

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And …

MasterCard Advisors

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Value-added II

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“ ‘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 154: All You Need to Know* *more or less Tom Peters/21June2006

Answer: Professional Service Firm/PSF!

Department Head

to …

Managing

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

Page 155: All You Need to Know* *more or less Tom Peters/21June2006

“Game-changing Solutions”: Core Mechanism

PSF (Professional Service Firm “model”)

+

Wow Projects (“Different” vs “Better”)

+

Brand You(“Distinct” or “Extinct”)

Page 156: All You Need to Know* *more or less Tom Peters/21June2006

Answer:

PSF

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Experience

Page 158: All You Need to Know* *more or less Tom Peters/21June2006

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

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$798

Page 160: All You Need to Know* *more or less Tom Peters/21June2006

$415/SqFt$798/SqFt

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Q: “Why did you buy Jordan’s Furniture?”

A: “Jordan’s is

spectacular. It’s all showmanship.

Source: Warren Buffet interview/Boston Sunday Globe

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CXO**Chief eXperience Officer

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Love

Page 164: All You Need to Know* *more or less Tom Peters/21June2006

Kevin Roberts:

Lovemarks!

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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

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“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 167: All You Need to Know* *more or less Tom Peters/21June2006

Focus

Page 168: All You Need to Know* *more or less Tom Peters/21June2006

“Dennis, you need a ‘To-don’t ’

List !”

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“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

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“We will not, I repeat not,

pretend to be ‘all things to all people.’” —CEO, Investec (03.06)

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K.I.S.S.

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450/8

Page 173: All You Need to Know* *more or less Tom Peters/21June2006

Danger: S.I.O.

(Strategic Initiative Overload)

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“I wanted GE to operate with the speed,

informality, and open communication of a corner store. Corner stores often have strategy right. With their limited resources,

they have to rely on laser-like focus on doing one

thing very well.” —Jack

Welch/Fortune/04.05

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Relentless

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“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 peculiarity of his character: Grant had an extreme, almost phobic dislike of turning back and retracing his

steps. 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

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“It is no use saying ‘We are doing our best.’ You have got to succeed in doing

what is necessary.” —WSC

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Change

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

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

Army

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“We eat change for breakfast!

—Harry Quadracci, QuadGraphics

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“I’m not comfortable

unless I’m uncomfortable.

”—Jay Chiat

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“The most successful people are those who are good at

‘plan B.’” —James Yorke,

mathematician, on chaos theory in The New Scientist

Page 183: All You Need to Know* *more or less Tom Peters/21June2006

Change II

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We become who we hang

out with!

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Measure “Strangeness”/Portfolio Quality

StaffConsultants

VendorsOut-sourcing Partners (#, Quality)

Innovation Alliance PartnersCustomers

Competitors (who we “benchmark” against)

Strategic Initiatives Product Portfolio (LineEx v. Leap)

IS/IT ProjectsHQ LocationLunch Mates

LanguageBoard

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“Don’t benchmark, futuremark!

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

not evenly distributed” —William Gibson

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Forget

Page 188: All You Need to Know* *more or less Tom Peters/21June2006

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

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“Forgetting strategy”?

Page 190: All You Need to Know* *more or less Tom Peters/21June2006

BigChange

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No Wiggle Room!

“Incrementalism

is innovation’s worst enemy.”

Nicholas Negroponte

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“Beware of the tyranny of making Small

Changes to Small Things.

Rather, make Big Changes to

Big Things.” —Roger

Enrico, former Chairman, PepsiCo

Page 193: All You Need to Know* *more or less Tom Peters/21June2006

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

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BigBiggerBiggest??????

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“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%)

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“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 197: All You Need to Know* *more or less Tom Peters/21June2006

“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 198: All You Need to Know* *more or less Tom Peters/21June2006

New Economy?!

Genentech09, Amgen09

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

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Agressive

Page 200: All You Need to Know* *more or less Tom Peters/21June2006

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

anxious to win”

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Speed

Page 202: All You Need to Know* *more or less Tom Peters/21June2006

“We don’t sell

insurance anymore.

We sell speed.”

Peter Lewis, Progressive

Page 203: All You Need to Know* *more or less Tom Peters/21June2006

Tempo

Page 204: All You Need to Know* *more or less Tom Peters/21June2006

He who has the quickest

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

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

Page 205: All You Need to Know* *more or less Tom Peters/21June2006

Kevin & Richard

Page 206: All You Need to Know* *more or less Tom Peters/21June2006

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!

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Sir Richard’s Rules:

Follow your passions.Keep it simple.

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

Play.

Page 208: All You Need to Know* *more or less Tom Peters/21June2006

Passion & Enthusiasm

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“Nothing is so contagious

as enthusiasm.”

—Samuel Taylor Coleridge

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“I am a dispenser of

enthusiasm.” —Ben Zander

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Enthusiasm … the

ultimate virus

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“A man without a smiling face

must not open a shop.” —Chinese Proverb*

*Courtesy Tom Morris, The Art of Achievement

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Passion & Enthusiasm II

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“Before you can inspire with emotion, you must be swamped with it yourself. Before you can move their

tears, your own must flow. To convince them,

you must yourself believe.” —Winston Churchill

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Hustle

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“Most important,

he upped the energy level

at Motorola.”

—Fortune on Ed Zander/08.05

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Sunny

Page 218: All You Need to Know* *more or less Tom Peters/21June2006

“A leader is a dealer in

hope.”Napoleon

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Sunny II

Page 220: All You Need to Know* *more or less Tom Peters/21June2006

“Ronald Reagan radiated an

almost transcendent

happiness.” —Lou Cannon

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Aim High

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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

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Dream

Page 224: All You Need to Know* *more or less Tom Peters/21June2006

“the wildest chimera of a moonstruck mind” —The Federalist on TJ’s

Louisiana Purchase

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“Tell me, what is it you plan to

do with your one wild and

precious life?” —Mary Oliver

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No Limits

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“You can’t behave in a calm, rational manner. You’ve got to be out there on the lunatic fringe.”

— Jack Welch

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“You do not merely want to

be the best of the best. You want to be considered the

only ones who do what

you do.” —Jerry Garcia

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Stay Hungry. Stay Foolish.

Steve Jobs

Page 230: All You Need to Know* *more or less Tom Peters/21June2006

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 travelling exhibit

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!