talent50_101305_184
TRANSCRIPT
-
7/28/2019 talent50_101305_184
1/189
-
7/28/2019 talent50_101305_184
2/189
The CreativeAge is awide-open game.
Richard Florida, The Rise of the Creative Class
-
7/28/2019 talent50_101305_184
3/189
There is no jobthat is AmericasGod-given rightanymore. Carly Fiorina/HP/01.08.2004
-
7/28/2019 talent50_101305_184
4/189
Importance of Success Factors by VariousGurus/(Unreliable) Estimates by Tom Peters
Strategy Systems People Passion
Porter 50% 20 20 10
Drucker 30% 35 20 15
Bennis 25% 20 30 25
Peters 15% 20 35 30
-
7/28/2019 talent50_101305_184
5/189
MP: If the strategy is right, then itis axiomatic that the humanresources concerns will simplytake care of themselves.
PD: People are idiots. Vat ve need aresystems, systems, systems!
TP: If youve got great people who givea s___, who needs a plan?WB: I lean toward Tom, but could weall cool off a little bit?
-
7/28/2019 talent50_101305_184
6/189
Hardball : Are You Playing to Play o r Playing to Win?
by George Stalk & Rob Lachenauer/HBS PressThe winners in business have always played hardball. Unleash massive and
overwhelming force. Exploit anomalies. Threaten your competitors profit
sanctuaries. Entice your competitor into retreat.
Approximately 640 Index entries:Customer/s(service,
retention , loyalty),4. Peop le (employ ees, motivat ion, m orale, worker/s) ,0.
Innovation (prod uct development, research & development, new pro duc ts),0
-
7/28/2019 talent50_101305_184
7/189
1. PeopleFirst!
-
7/28/2019 talent50_101305_184
8/189
When land was the productive
asset, nat ions batt led
over i t.The same is
happen ing now fortalented people.
Stan Davis & Christopher Meyer, futureWEALTH
-
7/28/2019 talent50_101305_184
9/189
Whoops :Jack
didnt have a vision!*
*GE = Talent Machine (Ed Michaels)
-
7/28/2019 talent50_101305_184
10/189
Leadersdo people.P-e-r-i-o-d.Anon.
-
7/28/2019 talent50_101305_184
11/189
ea ersdopeople.
-
7/28/2019 talent50_101305_184
12/189
Talent!
Tina Brown: The first thing isto hire enough talentthat a critical mass ofexcitement starts to
grow.Source: Business2.0
-
7/28/2019 talent50_101305_184
13/189
Headhunter Excellence?
(CEO Performance vs S&P 500)
Korn Ferry/Tom Neff: +1.1%Heidrick & Struggles/
Gerry Roche: -5.2%
-
7/28/2019 talent50_101305_184
14/189
2. Soft IsHard.
-
7/28/2019 talent50_101305_184
15/189
Message: Leadership is
all about love![Passion,Enthusiasms, Appet i te for L i fe,
Engagement, Comm itment, Great
Causes & Determ ination to Make aDamn Difference, Shared Adventu res,
B izarre Failu res, Grow th , Insatiable
Appeti te fo r Change.][Otherwise, why bo ther?Just read Dilbert. TPs final words: CYNICISM SUCKS.]
-
7/28/2019 talent50_101305_184
16/189
-
7/28/2019 talent50_101305_184
17/189
3. FUNDAMENTALPREMISE: We Are in an Age
of Talent/Creativity/
Intellectual-capital Added.
-
7/28/2019 talent50_101305_184
18/189
Human creativityis the ultimateeconomicresource. Richard Florida,The Rise of the Creative Class
-
7/28/2019 talent50_101305_184
19/189
Age of AgricultureIndustrial Age
Age of Information IntensificationAge of Creation Intensification
Source: Murikami Teruyasu, Nomura Research Institute
-
7/28/2019 talent50_101305_184
20/189
Agriculture Age (farmers)Industrial Age (factory workers)
Information Age (knowledge workers)Conceptual Age(creators and empathizers)
Source: Dan Pink, A Whole New Mind
-
7/28/2019 talent50_101305_184
21/189
-
7/28/2019 talent50_101305_184
22/189
My wife and I went to a [kindergarten] parent-teacherconference and were informed that our budding
refrigerator artist, Christopher, would be receiving a
grade of Unsatisfactory in art. We were shocked. Howcould any childlet alone our childreceive a poor
grade in art at such a young age? His teacher
informed us that he had refused toco lor w i th in the l ines, which was a
state requ irement for
demonstrating grade-level motorski l ls. Jordan Ayan, AHA!
-
7/28/2019 talent50_101305_184
23/189
15 Leading Biz Schools
Design/Core: 0Design/Elective: 1Creativity/Core:
0Creativity/Elective: 4Innovation/Core: 0
Innovation/Elective: 6Source: DMI/Summer 2002
Research by Thomas Lockwood
-
7/28/2019 talent50_101305_184
24/189
4. TalentExcellence in
Every Part of
Every Organization.
-
7/28/2019 talent50_101305_184
25/189
Wegmans: #1/100 Best Companies to Work for
84%: Grocery stores are all alike46%: additional spend if customers have an emotional
connection to a grocery store rather than are satisfied
(Gallup)
Going to Wegmans is not just shopping, its an event. Christopher Hoyt, grocery consultant
You canno t separate their strategy as
a retai ler from their s trategy as an
employer.Darrell Rigby, Bain & Co.
-
7/28/2019 talent50_101305_184
26/189
5. P.O.T./ PursuitOf Talent =
OBSESSION.
-
7/28/2019 talent50_101305_184
27/189
The leaders of Great
Groups love talentand know where to find it.
They revel in thetalent of others.Warren Bennis & Patricia Ward Biederman, Organizing Genius
-
7/28/2019 talent50_101305_184
28/189
PARCs Bob Taylor:
Connoisseurof Talent
-
7/28/2019 talent50_101305_184
29/189
Les Wexner:Fromsweaters to people!
-
7/28/2019 talent50_101305_184
30/189
6. Talent MastersUnderstand Talents
Intangibles.
-
7/28/2019 talent50_101305_184
31/189
Visibly energetic/Passionate/Enthusiastic about everything
Engaging/Inspires others. (Inspires the interviewer!)Lovesmesses & pressure.
Impatient/ Action fanatic.A finisher.
Exhibits: Fat WOW Project Portfolio. (Loves to talk about her work.Smart.
Curious/ Eclectic interests/ A li t t le (or more) weird.Well-developed sense of humor/ Fun to be around.
******
No. 1 re bosses: Exceptional talent selection & developmentrecord. (Former co-workers: Did you visibly grow while
working with X? /How has the department/team grownon a world-class scale during Xs tenure?)
-
7/28/2019 talent50_101305_184
32/189
Q:If it were your $50K[lifes savings] and my $50K,what sort of Waiterswould we look for?
A:Enthusiasts!
-
7/28/2019 talent50_101305_184
33/189
7. HR IsCool.
-
7/28/2019 talent50_101305_184
34/189
Chicago:
HRMAC
-
7/28/2019 talent50_101305_184
35/189
support function / cost
center / bureaucraticdrag
or
-
7/28/2019 talent50_101305_184
36/189
Are youRockStars of theAge of Talent
-
7/28/2019 talent50_101305_184
37/189
HR doesnt tend to hirea lot of independentthinkers or people whostand up as moralcompasses. Garold Markle,
Shell Offshore HR Exec (FC/08.05)
-
7/28/2019 talent50_101305_184
38/189
8. HR Sits atThe Head
Table.
-
7/28/2019 talent50_101305_184
39/189
DD$21M
-
7/28/2019 talent50_101305_184
40/189
9. Re-nameHR.
-
7/28/2019 talent50_101305_184
41/189
TalentDepartment
-
7/28/2019 talent50_101305_184
42/189
People Department
Center for Talent Excellence
Seriously Cool People Who Recruit& Develop Seriously Cool People
Etc.
H R to H E D ???
-
7/28/2019 talent50_101305_184
43/189
H.R. to H.E.D. ???
Human
Enablement
Department
-
7/28/2019 talent50_101305_184
44/189
10. There Is an
HR Strategy/
HR Vision
-
7/28/2019 talent50_101305_184
45/189
Our Mission
To develop and manage talen t;to apply that talent,
throughout the world,for the benefit of clients;to do so in partnership;
to do so with profit.WPP
-
7/28/2019 talent50_101305_184
46/189
Omnicom very simply isabout talent. Its aboutthe acquisition of talent,providing theatmosphere so talent is
attracted to it. John Wren
-
7/28/2019 talent50_101305_184
47/189
Whats your companys
EVP?Employee Value Proposition, per Ed
Michaels et al.,The War for Talen t;
IBP/Internal Brand Promiseper TP
-
7/28/2019 talent50_101305_184
48/189
EVP = Chal lenge,p rofess ional g row th ,
respec t, sat isfac t ion ,opportun ity , reward
Source: Ed Michaels et al., The War for Talent
-
7/28/2019 talent50_101305_184
49/189
11. Acquirefor Talent!
-
7/28/2019 talent50_101305_184
50/189
Omnicom's acquisitions:not for
size per se; buying
talent;deepen arelationship with
a client.Source: Adver t is ing Age
-
7/28/2019 talent50_101305_184
51/189
12. There Is aFORMALRecruitment
Strategy.
-
7/28/2019 talent50_101305_184
52/189
Cirque duSoleil!
-
7/28/2019 talent50_101305_184
53/189
Cirque du Soleil: Talent(12
ful l-t ime scouts,database of20,000). R&D (40% of profits; 2X avg corp).
Controls (shows are profit centers; partners like Disneyoffset costs; $100M on $500M). Scarcity builds
buzz/brand (1 new show per year. People tell me wereleaving money on the table by not duplicating our shows.
Theyre right.Daniel Lamarre, president).
Source: The Phantasmagoria Factory/Business 2.0/1-2.2004
-
7/28/2019 talent50_101305_184
54/189
13. There Is aFORMAL LeadershipDevelopment
Strategy.
-
7/28/2019 talent50_101305_184
55/189
14. There is a WorldClass LeadershipDevelopment
CENTER.
-
7/28/2019 talent50_101305_184
56/189
Crotonvi l le!**No B-schools!
-
7/28/2019 talent50_101305_184
57/189
DD: 0 to 60mph
in a flash(months)
-
7/28/2019 talent50_101305_184
58/189
Getting to WOWThrough Mastery of
The Sales25.
-
7/28/2019 talent50_101305_184
59/189
Getting Things Done:The
Power &Implementation34.
-
7/28/2019 talent50_101305_184
60/189
PresentationExcellence: The
PresX56
-
7/28/2019 talent50_101305_184
61/189
The Interviewing
Excellence: TheIntX31
-
7/28/2019 talent50_101305_184
62/189
15. There Is aFORMALSTRATEGIC HR
Review Process.
-
7/28/2019 talent50_101305_184
63/189
16. The Top100, andEvery Units Top10, Are
ConsciouslyManaged.
In most companies, the Talent Review Process is a
-
7/28/2019 talent50_101305_184
64/189
farce. At GE, Jack Welch and his two top HR peoplevisit each division for a day. They review the top 20 to
50 people by name. They talk about Talent Pool
strengthening issues.The Talent Review
Process is a contact sport at
GE; i t has the in tensi ty and the
impo r tance of the budget
process at most companies.Ed Michaels
-
7/28/2019 talent50_101305_184
65/189
17. People/Talent ReviewsAre the FIRST
Reviews.
-
7/28/2019 talent50_101305_184
66/189
18. HR Strategy =BUSINESS Strategy.
-
7/28/2019 talent50_101305_184
67/189
19. Make it a
Cause WorthSigning Up For.
-
7/28/2019 talent50_101305_184
68/189
G.H.:Create acause,nota business.
-
7/28/2019 talent50_101305_184
69/189
20. UnleashTheir Full
Potential!
Organizing Genius/ Warren Bennisand Patricia Ward Biederman
-
7/28/2019 talent50_101305_184
70/189
Groups become great only when
everyone in them, leaders and
members alike, is f ree to do h is or
her abso lute best.
The best thing a leader can do for a
Great Group is to al low its
members to discover thei rgreatness.
Yes!!!!!!!!!!!!!!!!!
-
7/28/2019 talent50_101305_184
71/189
free to do his or herabsolute best allow its membersto discover their
greatness.
Firms will not manage the careers
-
7/28/2019 talent50_101305_184
72/189
of their employees.They w i l l
p rov ide oppo rtun i ties to enable
the employee to develop
ident i ty and adap tab i l ity andthus be in charge of h is or her
own career.
Tim Hall et al., The New Protean Career Contract
-
7/28/2019 talent50_101305_184
73/189
RE/MAX: A LifeSuccessCompanySource: Everybody Wins, Phil Harkins & Keith Hollihan
-
7/28/2019 talent50_101305_184
74/189
Ye gads: Thomas Stanley has not
-
7/28/2019 talent50_101305_184
75/189
on ly found no correlat ion between
success in schoo l and an abi li ty toaccumulate wealth, hes actually
found a negat ive co rrelat ion .It seemsthat school-related evaluations are poor predictors of economicsuccess, Stanley concluded. What did predict success was a
willingness to take risks. Yet the success-failure standards ofmost schools penalized risk takers. Most educational systemsreward those who play it safe. As a result, those who do well in
school find it hard to take risks later on.
Richard Farson & Ralph Keyes, Whoever Makes th e Most Mistakes Wins
-
7/28/2019 talent50_101305_184
76/189
21. Set SkyHigh
Standards.
From 1, 2 or youre out [JW]
-
7/28/2019 talent50_101305_184
77/189
to
Best Talen tin
each industry segment tobu i ld best p rop r ietary
intangibles[EM]Source: Ed Michaels, War for Talent
-
7/28/2019 talent50_101305_184
78/189
22. EnlistEveryone inChallenge
Century21.
If there is nothing
-
7/28/2019 talent50_101305_184
79/189
very spec ial abou tyour wo rk ,no matter how
hard you apply yourself you wontget noticed, and that increasinglymeans you wont get paid much
either.Michael Goldhaber, Wired
-
7/28/2019 talent50_101305_184
80/189
Dist inct
or Ext inct
New Work SurvivalKit.2005
1. Mastery!(Best/Absurdly Good at Something!)2 Manage to Legacy (All Work = Memorable/Braggable WOW Projects!)
-
7/28/2019 talent50_101305_184
81/189
2. Manage to Legacy(All Work = Memorable/Braggable WOW Projects!)3. A USP/Unique Selling Proposition(R.POV8: Remarkable Point of
View captured in 8 or less words)
4. Rolodex Obsession(From vertical/hierarchy/suck up loyalty tohorizontal/colleague/mate loyalty)
5. Entrepreneurial Instinct(A sleepless Eye for Opportunity! E.g.: SmallOpp for Independent Action beats faceless part of Monster Project)
6. CEO/Leader/Businessperson/Closer(CEO, Me Inc. Period! 24/7!)7. Master of Improv(Play a dozen parts simultaneously, from
Chief Strategist to Chief Toilet Scrubber)8. Sense of Humor(A willingness to Screw Up & Move On)9. Comfortable with Your Skin(Bring interesting you to work!)10. Intense Appetite for Technology(E.g.: How Cool-Active is your
Web site? Do you Blog?)
11. Embrace Marketing(Your own CSO/Chief Storytelling Officer)
12. Passion for Renewal(Your own CLO/Chief Learning Officer)13. Execution Excellence!(Show up on time! Leave last!)
-
7/28/2019 talent50_101305_184
82/189
23. Pursuethe Best!
Differentiation is all about
-
7/28/2019 talent50_101305_184
83/189
being extreme, rewarding thebest and weeding out theineffective. You build strongteams by treating individualsdifferently. Just look at the waybaseball teams pay 20-gamewinning pitchers and 40-plushomerun hitters.Jack Welch
-
7/28/2019 talent50_101305_184
84/189
best person inthe worldArthur Blank
Did We Say Talent Matters?
-
7/28/2019 talent50_101305_184
85/189
The top software developers are more
productive than average softwaredevelopers not by a factor of 10X or 100X,
or even 1,000X,
but10,000X.Nathan Myhrvold, former Chief Scientist, Microsoft
-
7/28/2019 talent50_101305_184
86/189
THE HEART OF CELERA IS THEWORLDS LARGEST PRIVATE SUPERCOMPUTER FED 24 HOURS A DAY BY SEQUENCING
ROBOTS AND CREATED-PROGRAMMED-
CONTROLLED BY A DOZEN GREATMINDS.
Source: Juan Enriquez/Asthe Future Catches You
-
7/28/2019 talent50_101305_184
87/189
24. Up orOut.
We believe companies can increase their market cap
50 percent in 3 years Steve Macadam at Georgia-
-
7/28/2019 talent50_101305_184
88/189
50 percent in 3 years. Steve Macadam at Georgia
Pacificchanged 20 o f h is 40box p lant managers to put
more talen ted , h igher paidmanagers in charge.He increasedprofitability from $25 million to $80 million in 2
years.
Ed Michaels, War for Talent
Ensure that
-
7/28/2019 talent50_101305_184
89/189
25. Ensure that
the Review
Process Has
INTEGRITY.
-
7/28/2019 talent50_101305_184
90/189
25 =100*
* But what do I do thats more important than developingpeople? I dont do the damn work. They do.
-
7/28/2019 talent50_101305_184
91/189
26. Pay Up!
Top performing companies are
-
7/28/2019 talent50_101305_184
92/189
p p g p
two to four times more likelythan the rest to pay what
it takesto prevent losingtop performers.
Ed Michaels, War for Talent (05.17.00)
Costco
-
7/28/2019 talent50_101305_184
93/189
*$17/hour (42% aboveSams); very good healthplan; low t/o, low shrinkage
*Low margins (When I started, Sears, Roebuck
was the Costco of the country, but they allowedsomeone to come in under themJim Sinegal)
Source: How Costco Became the Anti-Wal*Mart/NYT/07.17.05
-
7/28/2019 talent50_101305_184
94/189
27. Training I:Train! Train!Train!
-
7/28/2019 talent50_101305_184
95/189
3 Weeks in May
-
7/28/2019 talent50_101305_184
96/189
3 Weeks in May
Training & Prep: 187
Work: 41(Other: 17)
-
7/28/2019 talent50_101305_184
97/189
1%
vs.
367%
Divas do it. Violinists do it.
-
7/28/2019 talent50_101305_184
98/189
Sprinters do it. Golfers do it.Pilots do it. Soldiers do it.Surgeons do it. Cops do it.
Astronauts do it.Why dont
businesspeop le do i t?
Knowledge becomes obsolete
i dibl f Th
-
7/28/2019 talent50_101305_184
99/189
incredibly fast. The
cont inu ing pro fess ional
educat ion o f adu lts is the
No. 1 indus try in the nex t 30
years mostly on line.
Peter Drucker, Business 2.0
Edward Jones Training Machine*
-
7/28/2019 talent50_101305_184
100/189
146 hours/employee/year
New hires: 4X avg.3.8% of payroll
* #1, The 100 Best Companies To Work For/Fortune/01.2003
-
7/28/2019 talent50_101305_184
101/189
28. Training II:
100% BusinessPeople.
-
7/28/2019 talent50_101305_184
102/189
29. Training III:100%LEADERS.
I start with the
-
7/28/2019 talent50_101305_184
103/189
premise that thefunction of leadershipis to produce moreleaders, not morefollowers. Ralph Nader
-
7/28/2019 talent50_101305_184
104/189
30. Training IV:Boss as Trainer-in-Chief.
-
7/28/2019 talent50_101305_184
105/189
Workout = 24
DPY in theClassroom
-
7/28/2019 talent50_101305_184
106/189
31. OpenCommunication:NO BARRIERS.
The organizations we created have
become tyrants. They have takent l h ldi f tt d ti
-
7/28/2019 talent50_101305_184
107/189
control, holding us fettered, creatingbarriers that hinder rather than help
our businesses. The l ines that we
drew on our neat organ izat ionaldiagrams have turned into wal ls
that no one can scale or penetrate
or even peer over.Frank Lekanne Deprez &Ren Tissen, Zero Space: Moving Beyond Organizational Limits
-
7/28/2019 talent50_101305_184
108/189
32. Respect!
-
7/28/2019 talent50_101305_184
109/189
What creates trust,in the end, is theleaders manifestrespect for the
followers.Jim OToole, Leading Change
It was much later that I realized Dads secret. He
gained respect by giving it. He talked and listenedto the fourth-grade kids in Spring Valley who
-
7/28/2019 talent50_101305_184
110/189
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 wasseriously interested inwho you were andwhat you had to say.Sara Lawrence-Lightfoot, Respect
-
7/28/2019 talent50_101305_184
111/189
33. Embracethe Whole
Individual.
-
7/28/2019 talent50_101305_184
112/189
34. BuildPlaces ofGrace.
My favorite word is grace
-
7/28/2019 talent50_101305_184
113/189
whether its amazinggrace,saving grace, graceunder
fire, GraceKelly. How we livecontributes to beauty whetherits how we treat other people or
the environment.Celeste Cooper, designer
Rodaleson Grace
-
7/28/2019 talent50_101305_184
114/189
elegance charm loveliness poetry in
motion kindliness ..benevolence benefaction
compassion beauty
-
7/28/2019 talent50_101305_184
115/189
35. MBWA*:VisibleLeadership!
*Managing By Wandering Around
The first and greatest
-
7/28/2019 talent50_101305_184
116/189
imperative ofcommand is to bepresent in person. Thosewho impose risk must beseen to share it.John Keegan,The Mask o f Command
36
-
7/28/2019 talent50_101305_184
117/189
36. ThankYou!
-
7/28/2019 talent50_101305_184
118/189
The deepest human needis theneed to beappreciated.
William James
-
7/28/2019 talent50_101305_184
119/189
37. Promote forpeople skills.(THE REST IS
DETAILS.)
33 Div is ion Tit les . 26
League Pennan ts . 14
-
7/28/2019 talent50_101305_184
120/189
g
World Series :Earl Weaver0.Tom Kelly0. Jim Leyland0.
Walter Alston1AB. TonyLaRussa132 games, 6 seasons.
Tommy LasordaP, 26 games.
Sparky Anderson1 season.
When assessing candidates, the first
thing I looked for was energy and
-
7/28/2019 talent50_101305_184
121/189
enthusiasm for execution. Does shetalk about the thr i l l of gett ing
things done, the obstacles
overcome, the role her peop leplayedor does she keep wandering
back to strategy or philosophy?Larry Bossidy, Honeywell/AlliedSignal, in Execut ion
-
7/28/2019 talent50_101305_184
122/189
38. HonorYouth.
Why focus on these late teens and twenty-
somethings? Because they are the f irs t
young who are both in a posi tion to
-
7/28/2019 talent50_101305_184
123/189
y g p
change the world , and are actual ly
do ing so . For the first time in history,children are more comfortable, knowledgeable
and literate than their parents about aninnovation central to society. The Internet has
triggered the first industrial revolution in historyto be led by the young.
The Econom ist
-
7/28/2019 talent50_101305_184
124/189
39. Provide Early
LeadershipAssignments.
-
7/28/2019 talent50_101305_184
125/189
TheWOW!Project
-
7/28/2019 talent50_101305_184
126/189
Your Current Project?
1. Another days work/Pays the
-
7/28/2019 talent50_101305_184
127/189
rent.4. Of value.7. Pretty Damn Cool/Definitely
subversive.10.WE A IM TO CHANGE THE
WORLD.(Insane!/Insanely
Great!/WOW!)
-
7/28/2019 talent50_101305_184
128/189
40. Create aFORMAL Systemof Mentoring.
-
7/28/2019 talent50_101305_184
129/189
W. L. Gore
Quad/Graphics
-
7/28/2019 talent50_101305_184
130/189
41. Diversity!
Diversi tydef ines the healthand wealth o f nat ions in a new
-
7/28/2019 talent50_101305_184
131/189
century. Mighty is the mongrel. The hybrid is hipThe impure, the mlange, the adulterated, the
blemished, the rough, the black-and-blue, the mix-and-match these people are inheriting the earth.
Mixing is the new norm. Mixing trumps isolation. Itspawns creativity, nourishes the human spirit, spurs
economic growth and empowers nations.
G. Pascal Zachary, The Global Me:New Cosmopol i tans and the Competi t ive Edge
CM Prof Richard Florida on Creative
Capital:
-
7/28/2019 talent50_101305_184
132/189
Cap ta You cannot get atechnologically innovativeplace unless its open toweirdness, eccentricity anddifference.
Source: New York Times
Where do good new ideas come
from? Thats simple! From
-
7/28/2019 talent50_101305_184
133/189
differences. Creat iv i ty comes
from un likely juxtaposi t ions.
The best way to maximize differenceis to mix ages, cultures and
disciplines.
Nicholas Negroponte
Duh!
We want our associate population to
mirror ou r customer populat ion at
-
7/28/2019 talent50_101305_184
134/189
p p
every level, from the execu t ive su ite al l
the way to the retai l f loor.In the marketplace,basically what I want to do is draw a concentric circle around
every one of our 2,300 stores, and I want the assortment in thatstore to match the ethnicity of the neighborhood its in. Some
neighborhoods are all Hispanic, so we can put in a full Hispanicformat. Thats what Super Saver is. All the signage is in both
languages. Theres a 100 percent Spanish-speaking staff in the
store.Larry Johnston, CEO, Albertsons
42
-
7/28/2019 talent50_101305_184
135/189
42. WOMENRULE.*
*Duh.
AS LEADERS, WOMEN
RULE:New Studies find
-
7/28/2019 talent50_101305_184
136/189
that female managersoutshine their male
counterparts in almostevery measure
Title, Special Report, Business Week
Womens Strengths Match New EconomyImperatives: Link [rather than rank] workers;
favor interactive-collaborative leadership style[empowerment beats top-down decision making]
-
7/28/2019 talent50_101305_184
137/189
sustain fruitful collaborations; comfortable withsharing information; see redistribution of power
as victory, not surrender; favor multi-dimensionafeedback; value technical & interpersonal skills,individual & group contributions equally; readilyaccept ambiguity; honor intuition as well as pure
rationality; inherently flexible; appreciate
cultural diversity.Source: Judy B. Rosener,Americas Competitive Secret
U.S. G.B. E.U. Ja.
-
7/28/2019 talent50_101305_184
138/189
M.Mgt. 41% 29% 18% 6%T.Mgt. 4% 3% 2%
-
7/28/2019 talent50_101305_184
139/189
3. Women are under-represented in our leadershipranks.
4. Women and men are different.5. Womens strengths match the New Economys
leadership needsto a striking degree.6. Women are also the principal purchasers of goods
and servicesretail and commercial.7. Ergo, women are a large part of the answer to the
War for Talent issue/opportunity.
-
7/28/2019 talent50_101305_184
140/189
43. Hire (&Protect!)Weird!
Are thereenough
-
7/28/2019 talent50_101305_184
141/189
weird peop leinthe lab these days?V. Chmn., pharmaceutical house, to a lab director
The Cracked Ones Let in the Light
Our business needs a massive
-
7/28/2019 talent50_101305_184
142/189
transfusion of talent, andtalent, I believe, is most likely tobe found among non-conformists, dissentersand rebels.David Ogilvy
Deviants, Inc. Deviance tells
the sto ry o f every mass
-
7/28/2019 talent50_101305_184
143/189
market ever created . Whatstarts out weird and dangerous
becomes Americas next big corporate
payday. So are you looking for the nextmass market idea? Its out there way
out there.
Source: Ryan Matthews & Watts Wacker, Fast Company(03.02)
Saviors-in-Waiting
-
7/28/2019 talent50_101305_184
144/189
Disgruntled CustomersOff-the-Scope Competitors
Rogue EmployeesFringe Suppliers
Wayne Burkan, Wide Angle Vision : Beat the Comp et it ion by Focu sing o nFr inge Compet i tors, Los t Custom ers, and Rogue Emp loyees
Why Do I love Freaks?(1) Because when Anything Interesting happens it was a freak
who did it. (Period.)(2) Freaksare fun. (Freaks are also a pain.) (Freaks are never
b i )
-
7/28/2019 talent50_101305_184
145/189
boring.)(3) We need freaks. Especially in freaky times. (Hint: These arefreaky times, for you & me & the CIA & the Army & Avon.)(4) A critical mass offreaks-in-our-midstautomatically make us-who-are-not-so-freaky at least somewhat more freaky. (Which is
a Good Thing in freaky timessee immediately above.)(5) Freaksare the only (ONLY) ones who succeedas in, make itinto the history books.(6) Freakskeep us from falling into ruts. (If we listen to them.)(We seldom listen to them.) (Which is why most of usand our
organizationsare in ruts. Make that chasms.)
-
7/28/2019 talent50_101305_184
146/189
44. CherishBoldness!
A focus on cost-cutting and efficiency hashelped many organizations weather the
downturn, but this approach will ultimately
d th b l t
-
7/28/2019 talent50_101305_184
147/189
render them obsolete.Only theconstant pursuit ofinnovation can ensurelong-term success.Daniel
Muzyka, Dean, Sauder School of Business, Univ of British
Columbia (FT/09.17.04)
GH (+TP):
-
7/28/2019 talent50_101305_184
148/189
Get bettervsGet different
Franchise Lost
TP:
-
7/28/2019 talent50_101305_184
149/189
How many ofyou [600]reallycrave a new
NYC/IIR/061205
No Wiggle Room!
-
7/28/2019 talent50_101305_184
150/189
Incrementalismis innovationsworst enemy.Nicholas Negroponte
Beware of thetyranny of making
-
7/28/2019 talent50_101305_184
151/189
Small Changes to SmallThings. Rather, makeBig Changes to BigThings. Roger Enrico, former Chairman, PepsiCo
-
7/28/2019 talent50_101305_184
152/189
Acquisitions are about
buying market share. Our
-
7/28/2019 talent50_101305_184
153/189
chal lenge is to
create markets .There is a big difference.
Peter Job, CEO, Reuters
Wealth in this new regimeflows directly from
-
7/28/2019 talent50_101305_184
154/189
innovation, notoptimization. That is,wealth is not gained byperfecting the known, but byimperfectly seizing theunknown. Kevin Kelly, New Rules for the New Econ om y
I dont believe ineconomies of scale.You
-
7/28/2019 talent50_101305_184
155/189
dont get better bybeing bigger. Youget worse.Dick Kovacevich/
Wells Fargo/Forbes08.2004 (ROA: Wells, 1.7%;
Citi, 1.5%; BofA, 1.3%; J.P. Morgan Chase, 0.9%)
Reward
-
7/28/2019 talent50_101305_184
156/189
excellent failures.Punish mediocresuccesses.
Phil Daniels, Sydney exec
The First step in a
-
7/28/2019 talent50_101305_184
157/189
dramatic organizationalchange program isobviousdramaticpersonal change! LH/RG/??
Every project we undertake startswith the same question:How
-
7/28/2019 talent50_101305_184
158/189
can we do whathas never beendone before?
Stuart Hornery, Lend Lease
This is the true joy of Life, the beingused for a purpose recognized byyourself as a mighty one the being
-
7/28/2019 talent50_101305_184
159/189
a force of Nature instead of afeverish, selfish little clod ofailments and grievancescomplaining that the world willnot devote itself to making youhappy. GB Shaw/Man and Superman
45 W A All
-
7/28/2019 talent50_101305_184
160/189
45. We Are AllUnique.
Beware Standardized Evals: One
i NEVER fit
-
7/28/2019 talent50_101305_184
161/189
size NEVER fits
all. One size fits
one Period
48 Players =
48 Projects =
-
7/28/2019 talent50_101305_184
162/189
48 Projects =
48 dif ferentsuccessmeasures.
46 B
-
7/28/2019 talent50_101305_184
163/189
46. BossesWin People
Over.
WHAT AN IDIOT: Instead
-
7/28/2019 talent50_101305_184
164/189
WHAT AN IDIOT: Insteadof employees being in the drivers
seat, now were in the drivers
seat.
PJ:
-
7/28/2019 talent50_101305_184
165/189
Coachingis winningplayers over.
47. GOAL:Voyages of
-
7/28/2019 talent50_101305_184
166/189
Voyages of
MutualDiscovery.
I am inalterably opposed toorganization change,
empowerment, motivation. The
goal: to awaken the laten t talen t
-
7/28/2019 talent50_101305_184
167/189
goal: to awaken the laten t talen talready w ith in , by provid ing
oppor tun i t ies wor thy o f the
individuals investment of her or
his most precious resources
t ime and emot ional comm itment .
I dont
-
7/28/2019 talent50_101305_184
168/189
I don t
know.
-
7/28/2019 talent50_101305_184
169/189
Quests!
Organizing Genius/ Warren Bennisand Patricia Ward Biederman
Groups become great only when
everyone in them, leaders and
members alike is f ree to do h is or
-
7/28/2019 talent50_101305_184
170/189
members alike, is f ree to do h is or
her abso lute best.
The best thing a leader can do for aGreat Group is to al low its
members to discover thei r
greatness.
Yes!!!!!!!!!!!!!!!!!free to do his or her
-
7/28/2019 talent50_101305_184
171/189
absolute best allow its membersto discover their
greatness.
48 Foster
-
7/28/2019 talent50_101305_184
172/189
48. FosterIndependence.
You must realize that how you invest your human
capital matters as much as how you invest yourfinancial capital. Its rate of return determines your
future options. Take a job for what i t teaches you ,f f
-
7/28/2019 talent50_101305_184
173/189
no t for what i t pays. Ins tead o f a potent ial
employer asking, Where do you see yourself in
5 years? youll ask, If I invest my mental assets
w ith you for 5 years, how much w i ll they
appreciate?How much w i ll my po r t fo l io ofcareer options grow?
Stan Davis & Christopher Meyer, futureWEALTH
THE rise up and fleeSTREET
-
7/28/2019 talent50_101305_184
174/189
your cubicle STREETJOURNAL
Adventures in Capitalism
-
7/28/2019 talent50_101305_184
175/189
Thriv ing in 24/7(Sally Helgesen)
START AT THE CORE. Nimbleness only possible if welocate our inner voice, take regular inventory of
where we are.
LEARN TO ZIGZAG. Think gigs. Think lifelong
-
7/28/2019 talent50_101305_184
176/189
g g g
learning. Forget old loyalty. Work on optimism.
CREATE OUR OWN WORK. Articulate your value.
Integrate your passions. I.D. your market. Run yourown business.
WEAVE A STRONG WEB OF INCLUSION. Build yourown support network. Master the art of looking
people up.
49
-
7/28/2019 talent50_101305_184
177/189
.Enthusiasm!
BZ:
-
7/28/2019 talent50_101305_184
178/189
I am a Dispenser ofEnthusiasm!
Most important,
he upped the
-
7/28/2019 talent50_101305_184
179/189
he upped theexcitement level at
Motorola.Fortuneon Ed Zander/08.05
Before you can inspire withemotion, you must beswamped with it yourself.
-
7/28/2019 talent50_101305_184
180/189
Before you can move theirtears, your own must flow. Toconvince them, you mustyourself believe. Winston Churchil
A man without
-
7/28/2019 talent50_101305_184
181/189
a smiling facemust not open ashop. Chinese Proverb**Courtesy Tom Morris, The Art of Ac hievement
A leader is a
dealer in
-
7/28/2019 talent50_101305_184
182/189
dealer in
hope.Napoleon
New Economy Biz Degree Programs
MBA(Master of Business Administration)MMM1(Master of Metaphysical Management)
MMM2 (Master of Metabolic Management)
-
7/28/2019 talent50_101305_184
183/189
MGLF (Master of Great Leaps Forward)MTD (Master of Talent Development)
W/MwGTDw/oC (Woman/Man Who Gets ThingsDone without Certificate)
DE(Docto r of Enthus iasm )
50 Talent =
-
7/28/2019 talent50_101305_184
184/189
50. Talent =Brand.
The Top 5 Revelations
Better talent wins.
Talent management is my job as leader.
Talented leaders are looking for the moonand stars
-
7/28/2019 talent50_101305_184
185/189
and stars.
Over-deliver on peoples dreams they are
volunteers.
Pump talent in at all levels, from allconceivable sources, all the time.
Source: Ed Michaels et al., The War for Talent
-
7/28/2019 talent50_101305_184
186/189
Brand =Talent.
51 Bonus
-
7/28/2019 talent50_101305_184
187/189
51. Bonus.Free the LunaticWithin!
The greatest dangerfor most of usis not that our aim istoo high
-
7/28/2019 talent50_101305_184
188/189
and we miss it,but that it istoo lowand we reach it.
Michelangelo
You cant behavein a calm, rational
-
7/28/2019 talent50_101305_184
189/189
in a calm, rationalmanner. Youve gotto be out there onthe lunatic fringe.
Jack Welch