Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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Tom Peters’ EXCELLENCE. EXCELLENCE. ALWAYS. ALWAYS. AIM/Adelaide/05 September 2006

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Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006. Slides* at … tompeters.com *also “long”. The Irreducible209+/ Sales122/60TIBs Tom Peters/0607.2006. 1. Hare 1, Tortoise 0. (Hare-y times.) 2. Tempo. (O.O.D.A.) 3. MBWA. 4. Appreciation. (“Motivator” #1.) - PowerPoint PPT Presentation

Transcript of Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Page 1: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Tom Peters’

EXCELLENCEXCELLENCE. ALWAYS.E. ALWAYS.AIM/Adelaide/05 September 2006

Page 2: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Slides* at …

tompeters.com

*also “long”

Page 3: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

The Irreducible209+/Sales122/60TIBs

Tom Peters/0607.2006

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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.)

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EXCELLENCE.

ALL YOU NEED TO KNOW.

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2255

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ExecutionExecution. (Discipline.)Accountability.Accountability.

Action, a Bias for.Action, a Bias for. (S.A.V./R.F.A.)Relentless.Relentless.

Experimentation.Experimentation. (“Innovate or Die.” “He who makes …”)Adaptability.Adaptability. (Plan B; “We eat …”)

“In the moment.”“In the moment.” (Bertolucci.)Senility.Senility.

Exuberance.Exuberance.Fun.Fun.

Technicolor. Wow!Wow! (Extreme Language.)Quest-Adventure.Quest-Adventure.

By Invitation.By Invitation.Talent. Roster.Talent. Roster. ($21M.)

Weird.Weird. (Hangin’ Out + Bottlenecks.)D-squared/“Dramatic Difference.”Dramatic Difference.”

Up-Up-Up the “VA Ladder.”Up-Up-Up the “VA Ladder.” Trifecta: Wow Projects-Brand You-PSF.Trifecta: Wow Projects-Brand You-PSF. (No Option.)

Design.Design.Women.Women.

4-404-40/D.E.A.615. (60TIBs; IRR209.)EXCELLENCE.EXCELLENCE.

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That’s a Big Number ….

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That’s a

BigBig Number

….

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THREE BILLION NEW CAPITALISTS

—Clyde Prestowitz

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“There is no job that

is America’s God-given

right anymore.”

—Carly Fiorina/HP/January2004

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“Deutsche Bank Moves Half of Its Back-office Jobs to India”/

headline/FT/0327 (500 of 900

Research)

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EXCELLENCE.

THE GENERAL’S STORY.DARWIN’S STORY.FORBES’ STORY.PAUL’S SRORY.

JMY STORY.

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““If you don’t If you don’t like change, like change,

you’re going to you’re going to like like irrelevanceirrelevance even less.”even less.” —General Eric

Shinseki, Chief of Staff. U. S. Army

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“It is not the strongest of the

species that survives, nor the most intelligent, but the one most

responsive to change.” —Charles Darwin

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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” significantly

underperformed the market;

just 2 (2%), GE & Kodak, outperformed the market from

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

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(Practical) ImplicationImplication?

“Go for it!”“Go for it!” (Why not—

alternative is slow death, at best)

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Keep Austin Weird

(Kirk Watson)

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““We are in a We are in a brawl with no brawl with no

rules.”rules.” —Paul Allaire

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S.A.V.

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Joe J. Jones Joe J. Jones 1942 – 2006 1942 – 2006

HE WOULDA DONE SOME HE WOULDA DONE SOME

REALLY COOL STUFF REALLY COOL STUFF

BUT …BUT …

HIS BOSS WOULDN’T LET HIM! HIS BOSS WOULDN’T LET HIM!

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EXCELLENCE. STARTERS.HORRORS.

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Radio City Music HallSeptember 2005

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Franchise Lost!

TP: “How many of you [600] really

cravecrave a new Chevy?”

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“Ford, GM and Chrysler do not just make cars expensively … they make bad

cars expensively.” —

Investec analyst, International Herald, 0805.06

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“Not long ago, I heard one studio chief utter the

unthinkable: ‘What would happen if I made a movie I actually looked forward to

seeing?’” —Peter Bart, Editor in Chief, Variety; former

Paramount exec, “Hollywood’s Model Doesn’t Produce Art, or Much Profit” (NYT/0721.06)

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Did one of ’em ever turn to the other and say: “Wow,

I wonder what unimaginable new

tools, otherwise not possible, will be

brought forth for my daughter Alice, age

17, because of this deal?”

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EXCELLENCE. STARTERS.

BASICS.

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P.P.E.E.R.R.E.

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People.Product.

Execution.Enthusiasm.Relentless.Re-invent.Excellence.

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People.Product.

Execution.Enthusiasm.

Relentless.Re-invent.Excellence.

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People.Product.

Execution.Enthusiasm.Relentless.Re-invent.Excellence.

Senility.

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Wanted* ** : Corporate Senility!

*Desperately!** “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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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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EXCELLENCE. THE WORD.

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Synonyms

PurityTranscendence

VirtueEleganceMajesty

Antonyms

Mediocrity

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EXCELLENCE.

GAMECHANGER.

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Excellence1982: The Bedrock “Eight Basics”

1. A Bias for Action2. Close to the Customer3. Autonomy and Entrepreneurship4. Productivity Through People5. Hands On, Value-Driven6. Stick to the Knitting7. Simple Form, Lean Staff8. Simultaneous Loose-Tight Properties”

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ExIn*: 1982-2002/Forbes.com

DJIA: $10,000 yields $85,000 EI: $10,000 yields $140,050

*Forbes/Excellence Index /Basket of 32 publicly traded stocks

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EXCELLENCE.

GAMECHANGER.(MAYBE.)

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Hardball: Are You Playing to Play or Playing to Win? by George Stalk & Rob Lachenauer/HBS Press

“The winners in business have always played hardball.” “Unleash massive and overwhelming force.” “Exploit

anomalies.” “Threaten your competitor’s profit sanctuaries.” “Entice your competitor into retreat.”

Approximately 640 Index entries: Customer/s

(service, retention, loyalty), 4. People (employees, motivation, morale,

worker/s), 0. Innovation (product development, research &

development, new products), 0.

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Them-UsTom Peters/0624.2006

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“Them” “Us”

Strategy EXECUTIONPlanning ActionMarketing Selling/SalesMarkets CustomersCustomers ClientsMicro-segmentation Big Stuff (Women, Boomers)Cost minimization Revenue maximizationSynergy/“Efficiencies” Decentralization“Strategic” supplier Pioneering supplierProcess ProjectEffectiveness ExcellenceMen WomenLeadership Management + LeadershipStandardization Exceptionalism (53 = 53)Big clients COOL clientsPrestigious Board INTERESTING Board

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good words.Bad words.

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Words that may NOT be used in my presence:

“Motivate”

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“In the end, management doesn’t

change culture. Management

invites

the workforce itself to change the culture.”

—Lou Gerstner

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Words that may NOT be used in my presence:

“Market”

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SellSellSellSellSellSell

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EXCELLENCE.

ALWAYS.

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““Why in the Why in the world did world did you go to you go to SSiberiaiberia?”?”

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The Peters Principles: Enthusiasm.

Emotion. Excellence. Energy. Excitement. Service. Growth.

Creativity. Imagination. Vitality. Joy. Surprise. Independence. Spirit. Community. Limitless human potential. Diversity. Profit. Innovation. Design.

Quality. Entrepreneurialism. Wow.

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Business* ** (*at its best): An emotional, vital, innovative, joyful,

creative, entrepreneurial endeavor that elicits

maximum concerted human potential in the

wholehearted service of others.***

**Excellence. Always.***Employees, Customers, Suppliers, Communities, Owners, Temporary partners

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EXCELLENCE.

DEFINED.

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Great Companies … SET THE

AGENDA.*

(PERIOD.)

* “disturb the sleep of …

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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

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TP#1*:

Netscape!

*Where would you rather have worked for those 5 years, Netscape or IBM-HP-Microsoft-Oracle? (Where, 25 years from now, would you

rather to be able to tell someone—e.g., grandchild—that you worked?)

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Built to Last vs Built for Impact

“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

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EXCELLENCE.

YOU & ME.

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“The First step in a ‘dramatic’

‘organizational change program’ is obvious—

dramatic personal change!” —RG

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“Work on me

first.” —Kerry Patterson,

Joseph Grenny, Ron McMillan and Al Switzler/Crucial Conversations

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VALUE VALUE ADDED ADDED

#1#1

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EXCELLENCE.

REVENUE.MATTERS.

MOST.

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“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

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EXCELLENCE.

SELL. SELL.SELL.

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. “Everyone lives by selling

something.”

– Robert Louis Stevenson

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SellSellSellSellSellSell

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CRO*

*Chief Revenue Officer

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Incidentally …Incidentally …

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“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

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VALUE VALUE ADDED ADDED

#2#2

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EXCELLENCE. DRAMATIC.

DIFFERENCE.DOABLE.

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EXCELLENCE.

WANTING.

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This is not a “mature

category.”

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This is an “undistinguishe

d category.”

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EXCELLENCE. DRAMATIC.

DIFFERENCE.DOABLE.

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$798

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$415/SqFt/Wal*Mart$798/SqFt/Whole

Foods

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#1/100

“Best Companies to

Work for”/2005

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Wegmans

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

and, above all, promote for s.”

—Starbucks middle manager/field

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EXCELLENCE.

#1.

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Donnelly’s Donnelly’s Weatherstrip Weatherstrip

ServiceService

Weymouth MA

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EXCELLENCE.

#1T.

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Jim’s GroupJim’s Group

Jim Penman/“Empire Builders”/MT Jan/Feb 2006

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The “Missing 900M”

Will the Boat Sink the Water: The Life of China’s Peasants

—Chen Guidi and Wu Chuntao

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EXCELLENCE. NO EXCUSES.

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Summary:

WallopWal*Mart16*

*Or: Why it’s so absurdly easy to beat a GIANT Company

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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!!)

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What I’ve Learned about

“Small Business”

Tom Peters

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Passion for PRODUCT.OBSESSION With Product.

LOVE The Product.Aim To Be “ONLY ONES WHO DO WHAT WE DO.”

Keep ADDIN’ Stuff.Invest “UNWISELY” in R&D.

Reside Permanently In The DISCOMFORT Zone.“Unhealthy” PARANOIA Is A Good Thing.

Add Clients That PUSH-PULL.SELL. SELL. SELL. SELL.

Go For Broke: CUSTOMER CONTACT PEOPLE.PERFECTION: Customer Contact People.

Hire for ATTITUDE.INVITE On An Adventure. GREAT CFO/Biz Guy-Gal. NASTY CFO/Biz Guy-Gal.

QUADRANGULAR LEADERSHIP: Visionary-Talent Fanatic-Project Manager-I.P.M. (I.P.M. = Inspired Profit Mechanic)

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Small Giants: Companies That

Choose To Be Great Instead Of

Big —by Bo Burlingham

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The Small*Mart Revolution: How Local Businesses Are Beating Local

Competition —Michael Shuman

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I [“Bacteria Man”] HEREBY PLEDGE:

When asked, “What are some examples of companies stepping up to today’s

challenges?” … I will … NEVER NEVER AGAINAGAIN … offer an example of a Giant Company; instead I’ll refer to

Cirque du Soleil, Donnelly’s Weatherstrip Service, 3K tanning salons, 10.6M women-owned businesses (or the

typically/95+% female recipients of micro-lending) …*

*There is more to Biz Life than Giant Cos … LOTS MORE … that “hidden 99%”

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VALUE VALUE ADDED ADDED

#3#3

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EXCELLENCE.

VALUE ADDED.UP THE LADDER.

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EXCELLENCE I.

SOLVE IT.

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$55$55BB

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“Big Brown’s New Bag: UPS

Aims to Be the Traffic Manager for Corporate

America” —Headline/BW/2004

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MasterCard Advisors

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Gamechangging “Solutions”: Bet-the-Company

IBMIBMUPSUPS

XeroxXeroxMasterCardMasterCard

GEGE

BestBuyBestBuy

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I. LAN Installation Co. (3%)

II. Geek Squad. (30%.)

III. Acquired by BestBuy.

IV. Flagship of BestBuy Wholesale “Solutions” Strategy Makeover.

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Huge: Customer Satisfaction versus

Customer

Success

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EXCELLENCE.NECESSITY.

OPPORTUNITY.

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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

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Chicago:

HRMAC

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“support function” / “cost

center”/ “overhead”

or …

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Are you … “Rock Stars of the

Age of Talent”

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EXCELLENCE.

SOLVE IT. NO OPTION.PSF. (PSF++)

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Department Head

to …

Managing

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

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Answer:

PSF

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Core Mechanism:“Game-changing Solutions”

PSF (Professional Service Firm “model”/The Organizing Principle)

+

Brand You(“Distinct” or “Extinct”/The Talent)

+

Wow! Projects (“Different” vs “Better”/The Work)

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The New Enterprise Value-Added Equation/Mark2006

(1) 100% “WOW PROJECTS” (New Org “DNA”/“The Work”)

+ (2) Incredible “TALENT” Transformed into (3) Entrepreneurial “BRAND YOUs” and

(4) Launched on Awesome “QUESTS FOR EXCELLENCE”

= (5) Internal “Rockin’ PSFs” (Staff Depts. Morphed into Wildly

Innovative Professional Service Firms) … (6) Which Coalesce to Transform the FEVP/Fundamental Enterprise

Value Proposition from “Superior Products & Services” to “ENCOMPASSING SOLUTIONS” &

“GAME-CHANGING CLIENT SUCCESS”

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The “PSF35”: Thirty-Five

Professional Service Firm Marks of Excellence

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The PSF35: The Work & The Legacy

1. CRYSTAL CLEAR POINT OF VIEW (E very Practice Group: “If you can’t explain your position in eight words or less, you don’t have a position”—Seth Godin)2. DRAMATIC DIFFERENCE (“We are the only ones who do what we do”—Jerry Garcia)3. Stretch Is Routine (“Never bite off less than you can chew”—anon.)4. Eye-Appetite for Game-changer Projects (Excellence at Assembling “Best Team”—Fast) 5. “Playful” Clients (Adventurous folks who unfailingly Aim to Change the World)6. Small “Uneconomic” Clients with Big Aims7. Life Is Too Short to Work with Jerks (Fire lousy clients)8. OBSESSED WITH LEGACY (Practice Group and Individual: “Dent the Universe”—Steve Jobs)9. Fire-on-the-spot Anyone Who Says, “Law/Architecture/Consulting/ I-banking/ Accounting/PR/Etc. has become a ‘commodity’ ”10. Consistent with #9 above … DO NOT SHY AWAY FROM THE WORD (IDEA) “RADICAL”

Page 116: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Pointed Point of View!

Page 117: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

ATTITUDE.TRANSFORMATION.

PSF.

Page 118: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Purchasing Officer” Thrust #1: Cost (at All Costs*) Minimization

Professional? Or/to: Full Partner-Leader in Lifetime

Value-added Maximization?

(*Lopez: “Arguably ‘Villain #1’ in GM tragedy”/Anon VSE-Spain)

Page 119: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

HCare CIO: “Technology Executive” (workin’ in a hospital)

Or/to: Full-scale, Accountable (life or death)

Member-Partner of XYZ Hospital’s Senior Healing-Services Team (who happens to be a techie)

Page 120: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

PSF Transformation: Credit Department/Trek

Was Is

Credit Dept Financial Services

Hammer on dealers until Make dealers successful so theythey pay CAN pay

AR sold to 3rd party Trek is the commercial financialcommercial co. Company

23 employees 12 employees

Oversee peak AR of $70M Oversee peak AR of $160M

Identify risky dealers Identify opportunities

Cost Center Profit Center

No products Products: Consulting, MC/Visa, Stored value of gift cards, Gift card peripherals, Online payments

Source: John Burke/0330.06

Page 121: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Up, Up, Up,

Up

the Value-added Ladder.

Page 122: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

The Value-added Ladder/Stuff ‘n’ Things

Goods Raw Materials

Page 123: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

The Value-added Ladder/Stuff & Transactions

ServicesGoods

Raw Materials

Page 124: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

The Value-added Ladder/Opportunity-seeking

Gamechanging Gamechanging SolutionsSolutions

ServicesGoods

Raw Materials

Page 125: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE II. EXPERIENCE IT.

Page 126: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Experiences are as distinct

from services as services are from

goods.” —Joe Pine & Jim Gilmore, The Experience Economy:

Work Is Theatre & Every Business a Stage

Page 127: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“The [Starbucks] Fix” Is on …

“We have identified a

‘third place.’ And I

really believe that sets us apart. The third place is that place that’s not work or home. It’s the place our customers

come for refuge.”

Nancy Orsolini, District Manager

Page 128: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Up, Up, Up,

Up

the Value-added Ladder.

Page 129: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

The Value-added Ladder/Memorable Connection

Spellbinding Spellbinding ExperiencesExperiences

Gamechanging SolutionsServicesGoods

Raw Materials

Page 130: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

CCXXOO**Chief eXperience Officer

Page 131: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE III.

DREAM IT.

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Furniture vs. Dreams

“We do not sell ‘furniture’ at

Domain. We sell dreams. This is

accomplished by addressing the half-formed needs in our

customers’ heads. By uncovering these needs, we, in essence, fill in the blanks. We

convert ‘needs’ into ‘dreams.’ Sales are the

inevitable result.” — Judy George,

Domain Home Fashions

Page 133: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

DREAM: “A dream is a complete moment in the life

of a client. Important experiences that tempt the client to commit substantial resources. The essence of

the desires of the consumer. The opportunity to help

clients become what they want to be.”

—Gian Luigi Longinotti-Buitoni

Page 134: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Up, Up, Up,

Up

the Value-added Ladder.

Page 135: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

The Value-added Ladder/Emotion

Dreams Come Dreams Come TrueTrue

Spellbinding Experiences Gamechanging Solutions

ServicesGoods

Raw Materials

Page 136: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

CCDMDM*

*Chief Dream Merchant

Page 137: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Big Blue

Page 138: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

WHAT MATTERS.

Page 139: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“What Isn’t Matter Is

What Matters” —section title, Branded Nation: The Marketing of

Megachurch, College Inc., and Museumworld, James Twitchell

Page 140: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

VA “Teaching Moment”

““Andy pointed to Andy pointed to a molding, about a molding, about halfway up the halfway up the

wall …”wall …”

Page 141: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Relationship to the

China Syndrome?*

*Think “London 1977”

Page 142: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE IV.

LOVE IT.

Page 143: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Brands have run out

of juice. They’re

dead.” —Kevin Roberts/Saatchi &

Saatchi

Page 144: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Kevin Roberts:

Lovemarks!

Page 145: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Tattoo Brand: What % of users would tattoo the brand name on their

body?

Page 146: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 147: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Up, Up, Up,

Up

the Value-added Ladder.

Page 148: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Lovemark Dreams Come True

Spellbinding ExperiencesGamechanging Solutions

ServicesGoods

Raw Materials

Page 149: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Damn it …

Page 150: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Lovemark: IBMUPSPSF

Logistics “Department”HR “Department”

Page 151: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

CCLL OO*

*Chief Lovemark Officer

Page 152: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Up, Up, Up,

Up

the Value-added Ladder.

Page 153: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Ladder2006: 4 of 7!

Lovemark Dreams Come True

Spellbinding ExperiencesGamechanging Solutions

ServicesGoods

Raw Materials

Page 154: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Andy pointed to a molding, about halfway up the

wall …”

Page 155: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

SOUL I.THE STORY.

Page 156: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Storytelling

is the core of culture.”

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

Page 157: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Market Power = Story Power

Page 158: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

CCSTSTOO*

*Chief Storytelling Officer

Page 159: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

SOUL II.DESIGN.

Page 160: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

All Equal Except …

“At Sony we assume that all products of our competitors

have basically the same technology, price, performance

and features. DesiDesiggn is the n is the onlonlyy thin thingg that that

differentiates one differentiates one pproduct from another roduct from another in the marketin the marketpplacelace.”.” —

Norio Ohga

Page 161: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Design is

treated like treated like a religiona religion at

BMW.” —Fortune

Page 162: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“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 Design is the fundamentalfundamental soulsoul

of a man-made of a man-made creation.”creation.” —Steve Jobs

Page 163: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

CCDDOO**Chief Design Officer

Page 164: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE. EVERYWHERE.

Page 165: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

New ZealandSpain

PortugalItaly

IrelandSingapore

TaiwanThailandMalaysia

SINGAPORE Philippines

UAEOmanChile

Romania

Page 166: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Better By Design: A National Strategy

NZ = Design

Excellence

Page 167: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

VALUE VALUE ADDED ADDED

#4#4

Page 168: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

NEW MARKETS.ENORMOUS.

OPPORTUNITIES.

Page 169: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Idiot” is too kind a

word.

Page 170: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“That’s a very diverse* team.”

—Patrick Cescau, CEO, Unilever**

*1 of 14 Board of Directors members is a woman (not an exec); 2 of 7 Exec Team members are … Indians. (Source: FT/24-25 June.)

**Approximately 85% of Unilever’s

products are purchased by … women.

Page 171: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“That’s a

VERY diverse team.”

—Patrick Cescau, CEO, Unilever* **

*1 of 14 Board of Directors members is a woman (not an exec); 2 of 7 Exec Team members are … Indians. (Source: FT/24-25 June.)

**Approximately 85% of Unilever’s products are purchased by … women.

Page 172: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“That’s a

VERYVERY sick

man.”

—Tom Peters

Page 173: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

FOUND.DUH.

Page 174: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“To be a leader in consumer

products, it’s critical to have

leaders who represent the population we

serve.” —Steve Reinemund/PepsiCo

Page 175: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

OPPORTUNITY.

Page 176: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Women are the

majority market”

—Fara Warner/The Power of the Purse

Page 177: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

USA/F.Stats: Short ’n (Very) Sweet

>50% of stock ownership, $13T total wealth (2X in 15 years)

>$7T consumer & biz spending (>50% GDP; > Japan GDP); >80% consumer spdg (Consumer = 70% all spdg)

57% BA degrees (2002); = ed & social strata, no wage gap

60% Internet users; >50% primary users of electronic equipment

>50% biz trips

WimBiz: Employees > F500; 10M+: 33% all US Biz

Pay from 62% in 1980 to 80% today; equal if education, social status, etc are equal

60% work; 46M (divorced, widowed, never married)

Source: Fara Warner, The Power of the Purse

Page 178: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

The Perfect Answer

Jill and Jack buy slacks in black…

Page 179: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006
Page 180: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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.

Page 181: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

10. Women’s Market =

Opportunity No. 1.

Page 182: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Cases!McDonald’s (“mom-centered” to “majority consumer”;

not via kids)

Home Depot (“Do it [everything!] Herself”)

P&G (more than “house cleaner”)

DeBeers (“right-hand rings”/$4B)

AXA FinancialKodak (women = “emotional centers of the household”)

Nike (> jock endorsements; new def sports; majority consumer)

AvonBratz (young girls want “friends,” not a blond stereotype)

Source: Fara Warner/The Power of the Purse

Page 183: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Goldman Sachs in Tokyo has developed an index of 115

companies poised to benefit from women’s increased purchasing

power; over the past decade the value of shares in Goldman’s

basket has risen by 96%, against the Tokyo stockmarket’s rise of

13%.” —Economist, April 15

Page 184: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

OPPORTUNITY.

Page 185: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

10.6

Page 186: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

OPPORTUNITY.

Page 187: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

2000-2010 Stats

18-44: -1%

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

Page 188: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

44-65: “New Customer Majority” *

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

Page 189: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“The New Customer Majority is the only adult

market with realistic prospects for significant

sales growth in dozens of product lines for thousands of companies.” —David Wolfe & Robert Snyder,

Ageless Marketing

Page 190: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Baby-boomer Women: The Sweetest of

Sweet Spots for Marketers” —David Wolfe and

Robert Snyder, Ageless Marketing

Page 191: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Sixty Is the New Thirty”

—Cover/AARP/11.03

Page 192: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

OPPORTUNITY.

Page 193: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Fastest growing demographic:

Single-person Households (>50% in

London, Stockholm, etc)

Source: Richard Scase

Page 194: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

% of homes purchased by single women: 1981, 10%;

2005, 20%

% of homes purchased by single men: 1981, 10%;

2005, 9%

Source: USA Today/02.15.06

Page 195: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Women.Women.Women business owners.Women business owners.

Boomers-Geezers.Boomers-Geezers.Single-person HHs (Urban)Single-person HHs (Urban)

Page 196: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

OPPORTUNITY.

Page 197: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

10 UNASSAILABLE REASONS WOMEN RULE10 UNASSAILABLE REASONS WOMEN RULE

WomenWomen make [all] the financial decisions. make [all] the financial decisions.WomenWomen control [all] the wealth. control [all] the wealth.WomenWomen [substantially] outlive men. [substantially] outlive men.WomenWomen start most of the new businesses. start most of the new businesses.Women’sWomen’s work force participation rates have work force participation rates have soared worldwide.soared worldwide.WomenWomen are closing in on “same pay for same are closing in on “same pay for same job.”job.”WomenWomen are penetrating senior ranks rapidly are penetrating senior ranks rapidly [even if the pace is slow for the corner [even if the pace is slow for the corner office per se].office per se].Women’s Women’s leadership strengths are exceptionally wellleadership strengths are exceptionally well aligned with new organizational effectivenessaligned with new organizational effectiveness imperatives.imperatives.WomenWomen are better salespersons than men. are better salespersons than men.WomenWomen buy [almost] everything—commercial buy [almost] everything—commercial as well as consumer goods.as well as consumer goods.

So what exactly is the economic point of men?So what exactly is the economic point of men?

Page 198: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

VALUE VALUE ADDED ADDED

#5#5

Page 199: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

INNOVATE. OR. DIE.

Page 200: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“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 201: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Acquisitions are about buying market share.

Our challenge is to create

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

Page 202: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Pathetic!

Page 203: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“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 204: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“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 205: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Sluggish + Obese + Unimaginative + More

Sluggish + More Obese + More Unimaginative + Even More Sluggish + Even More

Obese + Even More

Unimaginative = NISSAN + RENAULT + GM = Innovative Challenger for

Toyota????

Page 206: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

??????????????

Crappy Management (GM) + Arrogant-Overstretched

Management (Carlos G) = Great Management

Page 207: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

More than $$$$

#1 R&D

spending, last 25 years?

Page 208: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

GM

Page 209: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“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 210: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Scale?

“Microsoft’s Struggle With

Scale” —Headline, FT, 09.2005

“Troubling Exits at Microsoft” —Cover Story, BW, 09.2005

“Too Big to Move Fast?” —Headline, BW, 09.2005

Page 211: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE. INNOVATION.

THE REAL STORY.

Page 212: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

World Innovation Forum

EVERYTHING YOU THOUGHT YOU KNEW

ABOUT INNOVATION IS WRONG

Tom Peters/New York/0524.2006/Inno.new.LIST.0527

Page 213: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 214: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

MESS.RULES.

Page 215: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

The Mess Is the Message! Period!An Economic Interpretation of the Constitution

of the United States —Charles Beard (1913)

The Box: How the Shipping Container Made the World Smaller and the World Economy Bigger —Marc Levinson

Tube: The Invention of Television —David & Marshall Fisher

Empires of Light: Edison, Tesla, Westinghouse, and the Race to Electrify the World —Jill Jonnes

The Soul of a New Machine —Tracy Kidder

Rosalind Franklin: The Dark Lady of DNA —Brenda Maddox

The Blitzkrieg Myth —John Mosier

Page 216: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“A man of great mediocrity.” —General George Patton about General Omar Bradley …… “A third-rate

general. He never did anything or won any battle that any other general could not have won as well or better.” —General Omar Bradley

about Sir Bernard Montgomery …… “If you want to end the war in any reasonable time, you will

have to remove Ike’s hand from the control of the land battle.” —Sir Bernard Montgomery about General Dwight Eisenhower …… “One thing that

might help win this war is to get someone to shoot King.” —General Dwight Eisenhower about Admiral Ernest King …… “Eisenhower, though

supposed to be running the land war, is on the golf links at Rhiems—entirely detached and

taking practically no part in running the war.” —Sir Alan Brooke …… “If the unhelpful British

attitude continues, then I shall go home.” —General Dwight Eisenhower

Source: David Irving, The War Between the Generals: Inside the Allied High Command

Page 217: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

MINTZBERG.

Page 218: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Recently I asked three corporate executives what decisions they had made in the last year that would not have been

made were it not for their corporate plans. All had difficulty identifying one such decision. Since all of the plans are marked ‘secret’ or ‘confidential,’ I asked

them how their competitors might benefit from possession of their plans. Each

answered with embarrassment that their competitors would not benefit.”

—Russell Ackoff (from Henry Mintzberg, The Rise and Fall of Strategic Planning)

Page 219: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Christensen

Page 220: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Good management was the most powerful reason [leading firms] failed to

stay atop their industries. Precisely because these firms listened to their customers, invested aggressively in

technologies that would provide their customers more and better products of the

sort they wanted, and because they carefully studied market trends and

systematically allocated investment capital to innovations that promised the best

returns, they lost their positions of leadership.”

—Clayton Christensen, The Innovator’s Dilemma

Page 221: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Inno64: Innovation Strategies & Tactics

Page 222: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Parallel universe /Exec Ed v res MBAEnd run regnant powers/JKCFind done deals-practicing mavericks/Stone-ReGoBell curves2016 in 2006Non-industry benchmarkingEverything = PortfolioV.C.s all!Hot language/Wow-Astonish me-Insanely great-immortal-Make something greatLead customers/PW-EmbraerLead suppliers /Top decile R&DWeird alliancesMottos/Paul Arden (“Whatever You Think Think the Opposite”)Hire freaks/Enough weird people?Weird Boards!!!

Page 223: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

InnoTacs

Page 224: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

We become who we hang

out with!

Page 225: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 Location

Lunch MatesLanguage

Board

Page 226: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

futuremark

Page 227: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Don’t benchmark, futuremark!

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

not evenly distributed” —William Gibson

Page 228: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Find ’em!

Page 229: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Somewhere in your organization, groups of

people are already doing things differently and

better. To create lasting change, find these areas of positive deviance and

fan the flames.”

—Richard Pascale & Jerry Sternin, “Your Company’s Secret Change Agents,” HBR

Page 230: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Some people look for things that went wrong and try to fix

them. I look for things that went right, and try to

build off them.” —Bob Stone

(Mr ReGo)

Page 231: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Demos!Demos! Heroes! Heroes! Stories!Stories!

Page 232: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Parallel universe!

Page 233: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“SkunkWorks”/ “ParallelUniverse”

“the 1%

solution”Source: Scott Bedbury (Others: 3M, Google, Shell, NAVFAC)

Page 234: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Venture” fund: Gerstner/Amex, Dow/Marriott, Grove/Intel,

Bedbury/Starbucks

Page 235: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Build a “School on top of a school” (The Parallel

Universe Strategy)

Page 236: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

HEART OF STRATEGY

Page 237: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Under his former boss, Jack Welch, the skills GE prized above all others were cost-cutting, efficiency and deal-making. What mattered was the continual improvement of operations, and that mindset helped the $152 billion industrial and finance behemoth become a marvel of

earnings consistency. Immelt hasn’t turned his back on

the old ways. But in his GE, the new imperatives are

risk-taking, sophisticated

marketing and, above all, innovation.” —BW/2005

Page 238: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Conscious measurement

Page 239: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Innovation Index: How many of your Top 5 Strategic

Initiatives/Key Projects score 8 or higher [out of 10] on a

“Weird”/ “Profound”/ “Wow”/“Game- changer”

Scale?

Page 240: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Clarity

Page 241: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

JackWorld/1@T: (1) Neutron

Jack. (Banish bureaucracy.) (2) “1, 2 or out” Jack. (Lead or leave.) (3) “Workout”

Jack. (Empowerment, GE style.) (4) 6-Sigma Jack. (5) Internet Jack.

(1-5/Throughout) TALENT JACK!

Page 242: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

ACTION “culture”

Page 243: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Excellence1982: The Bedrock “Eight Basics”

1. A Bias for Action2. Close to the Customer3. Autonomy and Entrepreneurship4. Productivity Through People5. Hands On, Value-Driven6. Stick to the Knitting7. Simple Form, Lean Staff8. Simultaneous Loose-Tight Properties”

Page 244: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

tolerate [encourage?]

failure

Page 245: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

““FAIL, FAIL FAIL, FAIL AGAIN. FAIL AGAIN. FAIL BETTER.”BETTER.”

—Samuel Beckett

Page 246: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

““Fail . Forward. Fail . Forward. Fast.”Fast.”

High Tech CEO, Pennsylvania

“Fail faster. “Fail faster. Succeed Succeed Sooner.”Sooner.”

David Kelley/IDEO

Page 247: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

““RewardReward excellent failures.

PunishPunish mediocre

successes.”Phil Daniels, Sydney exec

Page 248: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Sam’s Sam’s Secret Secret

#1!#1!

Page 249: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Read This!

Richard Farson & Ralph Keyes:

Whoever Makes the Most Mistakes Wins: The Paradox

of Innovation

Page 250: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Inno64: Innovation Strategies & Tactics

Page 251: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Parallel universe /Exec Ed v res MBAEnd run regnant powers/JKCFind done deals-practicing mavericks/Stone-ReGoBell curves2016 in 2006Non-industry benchmarkingEverything = PortfolioV.C.s all!Hot language/Wow-Astonish me-Insanely great-immortal-Make something greatLead customers/PW-EmbraerLead suppliers /Top decile R&DWeird alliancesMottos/Paul Arden (“Whatever You Think Think the Opposite”)Hire freaks/Enough weird people?Weird Boards!!!

Page 252: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

VALUE VALUE ADDED ADDED

#6#6

Page 253: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE. INNOVATION. REVOLUTION.

ORGANIZATION.

Page 254: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Excellence: The SE22:

“Origins of Sustainable

Entrepreneurship”

Page 255: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

SE22/Origins of Sustainable Entrepreneurship1. Genetically disposed to Innovations that upset apple carts (3M, Apple,

FedEx, Virgin, BMW, Sony, Nike, Schwab, Starbucks, Oracle, Sun, Fox, Stanford University, MIT)

2. Perpetually determined to outdo oneself, even to the detriment of today’s $$$ winners (Apple, Cirque du Soleil, Nokia, FedEx)

3. Treat History as the Enemy (GE)

4. Love the Great Leap/Enjoy the Hunt (Apple, Oracle, Intel, Nokia, Sony)

5. Use “Strategic Thrust Overlays” to Attack Monster Problems (Sysco, GSK, GE, Microsoft)

6. Establish a “Be on the COOL Team” Ethos. (Most PSFs, Microsoft)

7. Encourage Vigorous Dissent/Genetically “Noisy” (Intel, Apple, Microsoft, CitiGroup, PepsiCo)

8. “Culturally” as well as organizationally Decentralized

(GE, J&J, Omnicom)

9. Multi-entrepreneurship/Many Independent-minded Stars (GE, PepsiCo)

Page 256: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“HOW THE COAST GUARD GETS IT RIGHT” —Headline, Time, 10.31.2005

*Autonomy*Flexibility*“Perhaps the most important distinction of the Coast Guard is that it trusts itself”

Page 257: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Itinerant. Potential. Machines.

Page 258: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

POTENTIAL MACHINES-ORGANISMS. Don’t know what’s

coming next. But are ready to jump at opportunities, especially those that

challenge-overturn our own “way of doing things.”

Page 259: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“ORGANIZATION” = STRATEGY: THE

GUERRILLA ADVANTAGETom Peters/04August2006

Page 260: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Small units … agile … lethal … invisible … guerrilla …

network warfare … distributed … dispersed … mobile .. Flat [hierarchy] …

improvisational … etc.

Page 261: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Crazy Times Call for Crazy

Organizations” —Subtitle, The Tom Peters Seminar (1993)

Page 262: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

VALUE VALUE ADDED ADDED

#7#7

Page 263: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

4/40.

Page 264: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

4/40

Page 265: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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

Page 266: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“‘Decentralization’ is not a piece of paper. It’s not me. It’s either in

your heart, or not.”

—Brian Joffe/BIDvest

Page 267: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Ex-e-cu-

tion!

Page 268: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Execution is the job of

the business leader.” —Larry Bossidy & Ram

Charan/ Execution: The Discipline of Getting Things Done

Page 269: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Execution is a

systematic process of rigorously

discussing hows and whats, tenaciously following through, and

ensuring accountability.” —Larry Bossidy & Ram Charan/ Execution: The Discipline of Getting Things Done

Page 270: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Ac-count-a-bil-ity!

Page 271: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“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 272: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

6:15A.M.

Page 273: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

????????

Work Hard > Work Smart

Page 274: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

A man approached JP Morgan, held up an envelope, and said, “Sir, in my hand I hold a guaranteed formula for success, which I will

gladly sell you for $25,000.”

“Sir,” JP Morgan replied, “I do not know what is in the envelope, however if you show me, and I like it, I give you my word as a

gentleman that I will pay you what you ask.”

The man agreed to the terms, and handed over the envelope.JP Morgan opened it, and extracted a single sheet of paper.

He gave it one look, a mere glance, then handed the piece of paper back to the gent.

And paid him the agreed-upon $25,000 …

Page 275: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

1. Every morning, write a list of the things that need to be done that day.

2. Do them. Source: Hugh MacLeod/tompeters.com/NPR

Page 276: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

DECENTRALIZATION.EXECUTION.

ACCOUTABILITY.6:15A.M.

Page 277: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

VALUE VALUE ADDED ADDED

#7A#7A

Page 278: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

ACTION.ROOTS.

Page 279: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

GRANTNELSON

BOYDBOSSIDYPEROT+

PETERS-WATERMANHAMLET+

11 August 2006

Page 280: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

GRANT

Page 281: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“The only way to whip an army is to go out and fight it.” —Grant

Source: John Mosier, Grant

Page 282: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“recognized the value of momentum … throw

[opponent] off balance … blitzkrieg … traveling light

… headquarters in the saddle” —Jean Edward Smith/GRANT

Page 283: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

"The art of war is simple enough. Find out where

your enemy is. Get at him as soon as you can. Strike at him as hard as you can and as often as you can,

and keep moving on." —Grant, courtesy Richard Cauley at tompeters.com

(original source unknown)

Page 284: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“One of my superstitions had always been when I

started to go anywhere or to do anything, not to turn

back, or stop, until the thing intended was accomplished.” —Grant

Page 285: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

NELSON

Page 286: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

The Nelson Baker’s Dozen

1. Simple-clear scheme (“Plan”) (Not wildly imaginative) (Patton: “A good plan executed with vigor right now tops a ‘perfect’ plan executed next week.”)2. SOARING/BOLD/CLEAR/UNEQUIVOCAL/WORTHY/NOBLE/INSPIRING “GOAL”/“MISSION”/“PURPOSE”/“QUEST”3. “Conversation”: Engagement of All Leaders4. Leeway for Leaders: Select the Best/Dip Deep/Initiative demanded/Accountability swift/Micromanagement absent5. LED BY “LOVE” (Lambert), NOT “AUTHORITY” (Identify with sailors!)6. Instinct/Seize the Moment/“Impetuosity” (Boyd’s “OODA Loops”: React more quickly than opponent, destroy his “world view”)7. VIGOR! (Zander: leader as “Dispenser of Enthusiasm”)8. Peerless Basic Skills/Mastery of Craft (Seamanship)9. Workaholic! (“Duty” first, second, and third)10. LEAD BY CONFIDENT & DETERMINED & CONTINUOUS & VISIBLE EXAMPLE (In Harm’s Way) 11. Genius (“Transform the world to conform to their ideas,” “Triumph over rules”) (Gandhi, Lee-Singapore) , not Greatness (“Make the most of their world”) 12. Luck! (Right time, right place; survivor) (“Lucky Eagle” vs “Bold Eagle”)13. Others principal shortcoming: “ADMIRALS MORE FRIGHTENED OF LOSING THAN ANXIOUS TO WIN”

Source: Andrew Lambert, Nelson: Britannia’s God of War

Page 287: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

On NELSON: “[other] admirals more frightened of losing than

anxious to win”

Page 288: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

BOYD

Page 289: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

He who has the quickest

“O.O.D.A. Loops”* wins!

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

Page 290: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Blitzkrieg is far more than lightning thrusts that most people think of when they hear the term; rather it was all

about high operational tempo and the rapid exploitation of opportunity.” —Robert Coram, Boyd

“Re-arrange the mind of the enemy” —T.E. Lawrence

“Float like a butterfly, sting like a bee” —Ali

BOYD: The Fighter Pilot Who Changed

the Art of War (Robert Coram)

Page 291: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

BOSSIDY

Page 292: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Execution is the job of the

business leader.” —Larry Bossidy & Ram

Charan/ Execution: The Discipline of Getting Things Done

Page 293: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

PEROT+

Page 294: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

READY.FIRE!AIM.

Ross Perot (vs “Aim! Aim! Aim!” /EDS vs GM/1985)

Page 295: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“We have a ‘strategic plan.’ It’s

called doing things.” — Herb Kelleher

Page 296: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“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

Page 297: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

You only find oil if

you drill wells.

Source: The Hunters, by John Masters, Canadian O & G wildcatter

Page 298: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

PETERS-WATERMAN+

Page 299: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

In Search of Excellence/1982/The Bedrock “Eight Basics”

1. A Bias for Action

2. Close to the Customer3. Autonomy and Entrepreneurship4. Productivity Through People5. Hands On, Value-Driven6. Stick to the Knitting7. Simple Form, Lean Staff8. Simultaneous Loose-Tight Properties”

Page 300: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Do it. Fix it. Try it.”

Tom Peters/Business Week/07.1978 (Principal #1/first anticipation of “Excellence”)

Page 301: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

PETERS: THE “ACT. THINK.”CHRONICLES

Page 302: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Think”vs

“Do”

Page 303: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

A>Bvs

B>A

Page 304: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

CK Chesterton: “How do I know what I think until I see what I say?”

Reporter: “Mr Drucker, why are you still giving speeches at 90?” PD: “How else can I figure out what I’m thinking?”

Page 305: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

TP: No plan, total accountability

TK: Perfect plan, no accountability*

*LG & IBM

Page 306: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Experiment fearlessly”

Source: BW0821.06, Type A Organization Strategies/ “How to Hit a Moving Target”—Tactic #1

Page 307: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“We made mistakes, of course. Most of them were omissions we didn’t think of when we

initially wrote the software. We fixed them by doing it over and over, again and again. We

do the same today. While our competitors are still sucking their thumbs trying to make the design perfect, we’re already on prototype

version 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 308: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

HAMLET+

Page 309: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“By indirections

find directions out.” —Hamlet, II. i

Page 310: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“My only goal is to have no goals. The goal, every time, is that film, that very moment.” —Bernardo Bertolucci

Page 311: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

VALUE VALUE ADDED ADDED

#8#8

Page 312: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

BEDROCK.PURPOSE.

Page 313: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“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 314: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“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 315: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Ah, kids: “What is your vision for the future?” “What have you accomplished since your first book?” “Close your eyes and imagine me immediately doing something about what

you’ve just said. What would it be?” “Do you feel you have an obligation to ‘Make the world a

better place’?”

Page 316: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.ENTHUSIASM.

ENERGY. PASSION.

Page 317: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Nothing is so contagious as enthusiasm.”

—Samuel Taylor Coleridge

Page 318: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Enthusiasm, the ultimate

virus.”

Page 319: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Most important,

he upped the energy level at Motorola.” —Fortune on Ed Zander/08.05

Page 320: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Q: “If it were your $50K [life’s savings] and my $50K, what sort of Waiters would we look for?”

A:

“Enthusiasts!”

Page 321: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

DETERMINATION.

Page 322: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

DE-TERM-IN-A-TION

Page 323: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

BLOOD-Y-MIND-ED-

NESS

Page 324: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Bloodyminded: Unreasonably

stubborn

Source: The Random House Dictionary of the English Language

Page 325: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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

doing what is necessary.” —WSC

Page 326: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

““Whenever anything is Whenever anything is being accomplished, I being accomplished, I

have learned, it is being have learned, it is being done by a monomaniac done by a monomaniac

with a mission.”with a mission.” —Peter Drucker

Page 327: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

VALUE VALUE ADDED ADDED

#9#9

Page 328: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

motivational stuff

Page 329: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Do one thing every day that scares you.”

—Eleanor Roosevelt

Page 330: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“ARE YOU BEING REASONABLE? Most

people are reasonable; that’s why they only do

reasonably well.”

Source: Paul Arden, Whatever You Think Think the Opposite

Page 331: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

"The reasonable man adapts himself to the world. The

unreasonable one persists in trying to adapt the world to

himself. Therefore, all progress depends upon the unreasonable man.” —GB Shaw,

Man and Superman: The Revolutionists' Handbook.

Page 332: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“If it’s not fun you’re not doing

it right.”—Fran Tarkenton

Page 333: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“The [Union senior] officers rode past the Confederates smugly without any sign of recognition except by one. ‘When

General Grant reached the line of ragged, filthy, bloody, despairing

prisoners strung out on each side of the bridge, he lifted his hat and held it over his head until he passed the last man of that living funeral cortege. He was the only officer in that whole train

who recognized us as being on the face of the earth.’*”

*quote within a quote from diary of a Confederate soldier

Page 334: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Stop Doing

It!

Page 335: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“The one thing you need to know about sustained individual

success: Discover what you don’t like

doing and stop doing it.” —Marcus Buckingham, The One Thing You Need to Know

Page 336: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Start Doing

It!

Page 337: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“A year from A year from nownow

you may wish you may wish You had You had

started today.”started today.” —Karen Lamb

Page 338: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

ONE WORD+

Page 339: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

ONE WORD+

Drill more wellsDrill more wellsR.F.A.R.F.A.

AccountabilityAccountabilityRealismRealism

DecentralizationDecentralizationExecutionExecution

Action biasAction biasMost mistakes winsMost mistakes wins

6:15am6:15amEnergyEnergy

EnthusiasmEnthusiasmDo>PlanDo>Plan

Act>ThinkAct>ThinkBehavior>AttitudeBehavior>Attitude

PassionPassion

Page 340: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

ONE WORD+

EmotionEmotionIntuitionIntuition

SellSellO.O.D.A.O.O.D.A.IntegrityIntegrity

WeirdWeirdAppreciateAppreciateCelebrateCelebrateRespectRespectListenListen

WanderWanderCalendar rulesCalendar rules

Calendar doesn’t lieCalendar doesn’t lie““To don’tTo don’t

Max priorities = 3Max priorities = 3

Page 341: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

ONE WORD+

5 min/5,000 miles5 min/5,000 milesWomenWomenDecencyDecency

GraceGraceInnovate or DieInnovate or Die

Re-imagineRe-imagineFight irrelevanceFight irrelevance

Just Do ItJust Do ItCare (You Must)Care (You Must)

Flowers (Say It With)Flowers (Say It With)I’m sorryI’m sorry

Thank YouThank YouInsanely GreatInsanely Great

SilenceSilence2-cent candy2-cent candy

Page 342: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

ONE WORD+

MBWAMBWAWhy?Why?PSFPSF

Wow!Wow!! (red)! (red)

Buy a MirrorBuy a MirrorKnow thyselfKnow thyself

InviteInviteQuestQuest

AdventureAdventureTalentTalent

Brand YouBrand YouLovemarkLovemark

ExperienceExperienceDreamketingDreamketing

Page 343: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

ONE WORD+

Gasp-worthyGasp-worthyInsanely greatInsanely great

Different>betterDifferent>betterImpact>longevityImpact>longevity

Dramatic DifferenceDramatic DifferenceOnly ones do what we doOnly ones do what we do

SmileSmile$798$7987-7-77-7-7

Design rulesDesign rulesBeautiful SystemsBeautiful Systems

450/8450/8VP S.O.U.B.VP S.O.U.B.

Women buy allWomen buy allWomen lead betterWomen lead better

Page 344: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

ONE WORD+

Boomers-geezers own allBoomers-geezers own all2.6/212.6/21

25252525

3,000,000,0003,000,000,000(900,000,000)(900,000,000)

26 minutes26 minutes43 hours43 hours

Perception Is All There IsPerception Is All There IsEnthusiasm: The Ultimate VirusEnthusiasm: The Ultimate Virus

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VALUE VALUE ADDED ADDED

#10#10

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EXCELLENCE.

BEDROCK.TALENT.

Page 347: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Brand Brand = =

Talent.Talent.

Page 348: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Organizing Genius / Warren Bennis and Patricia Ward Biederman

“Groups become great only when everyone in them, leaders and

members alike, is free to do his or her absolute best.”

“The best thing a leader can do for a

Great Group is to allow its members to discover their

greatness.”

Page 349: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Leadership’s Mt Everest/Mt Excellence

“free to do his or her absolute best” …

“allow its members to discover their

greatness.”

Page 350: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“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 351: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

CCRROO*

*Chief Recruitment Officer

Page 352: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

CRO/Chief Recruiting Officer: #1 strategic issue in

“commoditized” world, enormous financial services

company. Agent turnover.

15% retention after 4 years. (Industry average is 11% … “because that’s

the way it is” )

Page 353: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

CCQQOO*

*Chief quest-meister

Page 354: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“We are a ‘life

Success Company”’

founder, RE/MAX

Page 355: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“No matter what the situation, [the great manager’s]

first response is always to think about the individual concerned and how things can be arranged to help

that individual experience success.” —Marcus Buckingham,

The One Thing You Need to Know

Page 356: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“The key difference between checkers and

chess is that in checkers the pieces all move the same way, whereas in

chess all the pieces move differently. … Discover

what is unique about each person and capitalize on

it.” —Marcus Buckingham,

The One Thing You Need to Know

Page 357: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 358: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Leaders

‘do’ people.

Period.” —Anon.

Page 359: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Les Wexner: From sweaters to …

people!

Page 360: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“The leaders of Great Groups love talent and

know where to find it. They revel in

the talent of others.” —Warren

Bennis & Patricia Ward Biederman, Organizing Genius

Page 361: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

PARC’s Bob Taylor:

“Connoisseur

of Talent”

Page 362: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Hire very good

people!

Page 363: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“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 364: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

DDDD$21M$21M

Page 365: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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; i.e., 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 366: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

A Few Lessons from the Arts

Each hired and developed and evaluated in unique ways (23 contributors; 23 unique contributions; 23 pathways; 23 personalities; 23 sets of

motivators)

Attitude/Enthusiasm/Energy paramountRe-lent-less!

“Practice is cool” (G Leonard/Mastery)

Team and individual Aspire to EXCELLENCE = Obvious

Ex-e-cu-tionTalent = Brand = Duh“The Project” rulesEmotional language

Bit players. No.B.I.W. (everything)

Delta events = Delta rosters (incl leader/s)

Page 367: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Re-imaginePeople Power:

The Talent50

Page 368: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

50. Talent = Brand.

Page 369: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE. BY

INVITATION.

Page 370: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“In the end, management doesn’t

change culture. Management

invites

the workforce itself to change the culture.”

—Lou Gerstner

Page 371: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“If I could have chosen not to tackle the IBM culture head-on, I probably wouldn’t

have. My bias coming in was toward strategy, analysis and measurement. In comparison, changing the attitude and behaviors of hundreds of thousands of

people is very, very hard. [Yet] I came to see in my time at IBM that

culture isn’t just one aspect of the game—it is the game.” —Lou Gerstner, Who

Says Elephants Can’t Dance

Page 372: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

VALUE VALUE ADDED ADDED #10A#10A

Page 373: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE. WOMEN.

RULE.

Page 374: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“AS LEADERS, WOMEN

RULE: New Studies find that

female managers outshine their male counterparts in almost every measure”

Title, Special Report/BusinessWeek

Page 375: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Women’s Negotiating Strengths

*Ability to put themselves in their counterparties’ shoes*Comprehensive, attentive and detailed communication style*Empathy that facilitates trust-building*Curious and attentive listening*Less competitive attitude*Strong sense of fairness and ability to persuade*Proactive risk manager*Collaborative decision-making

Source: Horacio Falcao, Cover story/May 2006, World Business, “Say It Like a Woman: Why the 21st-century negotiator will need the female touch”

Page 376: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“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 377: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Women

Dominate Economic Growth.

Page 378: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Forget China, India and the

Internet: Economic Growth Is Driven

by Women.” —Headline, Economist,

April 15, 2006, Leader, page 14

Page 379: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Impact! Add It Up!

Primary markets/Everything (“Men

buy things that other men will buy for women. I buy things that women want.”—successful jeweler/F. “Women are the majority market” —Fara Warner/The Power of the Purse. Women as Purchasing Officers, CIOs, etc.)

Greater global workforce participation rate (“bigger contributor to GDP

growth than technology, China, India”—Economist)

Higher wages (more seniority, promotions—even if not

to CEO; greater pay equity—even if not equal)

Business “decision makers” (more

seniority, promotions—even if not to CEO)

Women-owned businesses (answer to

the Glass Ceiling—10.6M in USA; recipients of “micro-lending”—developing world)

Page 380: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

VALUE VALUE ADDED ADDED #10B#10B

Page 381: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE. INDIVIDUAL.BRAND YOU.

Page 382: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“If there is nothing very special about

your work, no matter how hard

you apply yourself you won’t get noticed, and that

increasingly means you won’t get paid much either.” —Michael Goldhaber, Wired

Page 383: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

New Work SurvivalKit.2006

1. Mastery! (Best/Absurdly Good at Something!)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 to horizontal/“colleague”/“mate” loyalty)5. Entrepreneurial Instinct (A sleepless … Eye for Opportunity! E.g.: Small Opp 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!)

Page 384: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

DistinctDistinct … or

… ExtinctExtinct

Page 385: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“To Be somebody or

to Do something”

BOYD: The Fighter Pilot Who Changed the Art of War (Robert Coram)

Page 386: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“You are the storyteller of your own life, and you can create your own legend or

not.” —Isabel Allende

Page 387: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“It’s always

showtime.”

—David D’Alessandro, Career Warfare

Page 388: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“In Tom’s world, it’s always better to try

a swan dive and deliver a colossal belly flop than to

step timidly off the board while holding

your nose.” —Fast Company

/October2003

Page 389: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Life is not a journey to the grave with the

intention of arriving safely in a pretty and well-preserved body—but

rather a skid in broadside, thoroughly used up, totally worn out, and

loudly proclaiming, ‘Wow, what

a ride!’ ” —anon.

Page 390: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

VALUE VALUE ADDED ADDED

#11#11

Page 391: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

BEDROCK.SELF-

MANAGEMENT.

Page 392: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

X.Step #1:Buy a Mirror!

Page 393: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“You must

be the

change you wish to see in the

world.”Gandhi

Page 394: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“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

Page 395: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“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 396: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

MBWAMBWA**HS/25+

Page 397: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

You = Your calendar*

*Calendars NEVER lie!!

Page 398: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Mark McCormack: 5,000 5,000 milesmiles for a 5 for a 5

minmin. meeting. meeting!!

Page 399: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Getting to WOW Through Mastery of …

The Sales25.

Page 400: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Getting Things Done: The

Power &

Implementation34.

Page 401: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Presentation Excellence: The

PresX56

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The Interviewing Excellence: The IntX31

Page 403: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

VALUE ADDED

#12

Page 404: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

LEADING.

Page 405: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Leadership23

Page 406: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Leadership23/ML

1. Enthusiasm. Energy. Exuberance.2. Action. Execution.3. Tempo. Metabolism.4. Relentless.5. Master of Plan B.6. Accountability.7. Meritocracy.8. Leaders “do” people. Mentor. (“Success creation business.”)9. Women. Diversity.10. Integrity. Credibility. Humanity. Grace.11. Realism.12. Cause. Adventures. Quests.

Page 407: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Leadership23/ML

13. Legacy.14. Best story wins.15. On the edge. (“Wildest chimera of a moonstruck mind.”)16. “Reward excellent failures. Punish mediocre successes.”17. Different > Better. (“Only ones who do what we do.”)18. MBWA. Customer MBWA.19. Laughs.20. Repot. Curiosity. Why?21. You = Calendar. “To Don’t.” Two.22. Excellence. Always.23. Nelsonian! (“Other admirals more afraid of losing than anxious to win.”)

Page 408: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EnthusiasmEnergy

ExuberanceVoracious Curiosity

Irritability/Dis-satisfactionRelentlessnessSelf-reliance

“Closer” (Execution)excellence

Page 409: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EnthusiasmEnergy

ExuberanceVoracious Curiosityartistic inclination

Irritability/Dis-satisfactionRelentlessnessSelf-reliance

“Closer” (Execution)engagementexcellence

Page 410: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 411: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Sir Richard’s Rules:

Follow your passions.Keep it simple.

Get the best people to help you.

Re-create yourself.Play.

Source: Fortune on Branson

Page 412: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Let Us March

Tom Peters/0523.06

Page 413: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“In classical times when Cicero had finished

speaking, the people said, ‘How well he spoke,’ but when Demosthenes had finished speaking,

they said, ‘Let us march.’” —Adlai Stevenson

Page 414: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Let us Let us marchmarch.

Page 415: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Message clarity = CALENDAR + MBWA + Language + Perceived

INTENSITY/ENTHUSIASM/ ENERGY + Concrete-Visible

support + Prototypes + Tolerance for Failure/“Good

losses” + Promotions + Tempo + Resilience + Celebration +

Perceived RELENTLESSNESS + Training

Page 416: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

STRETCH.

Page 417: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 418: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

KABOOM.

Page 419: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“Beware of the tyranny of making

Small Changes to Small

Things. Rather,

make BiBigg Changes

to BiBigg Things.”

—Roger Enrico, former Chairman, PepsiCo

Page 420: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 421: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

OFFENSE.

Page 422: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Nelson’s secret:

“[Other] admirals more frightened of losing than

anxious to win”

Page 423: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLENCE.

THRILLS.TRANSCENDENCE.

WOW. NOW.!

Page 424: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Radically Thrilling Language!

““Radically Radically Thrilling.”Thrilling.”

—BMW Z4 (ad)

Page 425: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

CCTTOO**Chief Thrills Officer

Page 426: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

Synonyms

PurityTranscendence

VirtueEleganceMajesty

Antonyms

Mediocrity

Page 427: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

CCTTOO**Chief Transcendence Officer

Page 428: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

“It’s always showtime.”

—David D’Alessandro, Career Warfare

Page 429: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

CCWWOO**Chief WOW Officer

Page 430: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

C!O*Chief ! Officer

Page 431: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

““A year from nowA year from now you may wish you may wish

You had You had started today.”started today.”

—Karen Lamb

Page 432: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXEXCELLE CELLE ALWALWAYSAYS..

Page 433: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

You only find oil if you drill

wells. —T he Hunters, by John Masters,

Canadian O & G wildcatter

Page 434: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

EXCELLE ALWAYS.

Page 435: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

VALUE VALUE ADDED ADDED

#13#13

Page 436: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

The Irreducible209+/Sales122/60TIBs

Tom Peters/0607.2006

Page 437: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

The Irreducible20

9

Page 438: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 439: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 440: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 441: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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. Wegmans.” (No excuses. “Mere” groceries.)43. Less than your best. Cheating.

Page 442: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 443: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 444: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 445: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 446: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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 447: Tom Peters’ EXCELLENCE. ALWAYS. AIM/Adelaide/05 September 2006

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.

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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.)

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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.

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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.)

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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.)

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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.

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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.

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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.

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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.

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

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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.

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GE (more or less):

The Sales122: 122 Ridiculously Obvious Thoughts About Selling Stuff

Tom Peters/0402.2006

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This list was first prepared for GE Energy sales & marketing people in January. It

started with a half-dozen items, and grew like Topsy. Possibly, given its origins, it’s a little tilted toward complex, engineering-

based sales. In any event, it makes a perfect companion to “The Irreducibles209.” This, too, is effectively a list of “irreducibles.”

Tom Peters

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1. “Strategy” overrated, simply “doin’ stuff” underrated. See Kelleher and Bossidy: “We have a ‘strategic plan,’ it’s called doing things.”—Herb Kelleher. “Execution is a systematic process of rigorously discussing hows and whats, tenaciously following through, and ensuring accountability.” —Larry Bossidy & Ram Charan/ Execution: The Discipline of Getting Things Done. Action has its own logic—ask Genghis Khan, Rommel, COL John Boyd, U.S. Grant, Patton, W.T. Sherman.2. What are you personally great at? (Key word: “great.”) Play to strengths! “Distinct or Extinct.” You should aim to be “outrageously good”/B.I.W. at a niche area (or more).3. Are you a “personality,” a de facto “brand” in the industry? The Dr Phil of ...4. Opportunism (with a little forethought) mostly wins. (“Successful people are the ones who are good at Plan B.”)5. Little starts can lead to big wins. Most true winners—think search & Google—start as something small. Many big deals—Disney & Pixar—could have been done as little-er deals if you’d had the guts to jump before the value became obvious.

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6. Non-obvious targets have great potential. Among many other things, everybody goes after the obvious ones. Also, the “non-obvious” are often good Partners for technology experiments.7. The best relationships are often (usually?) not “top to top”! (Often the best: hungry division GMs eager to make a mark.)8. IT’S RELATIONSHIPS, STUPID—DEEP AND FROM MULTIPLE FUNCTIONS.9. In any public-sector business, you must become an avid student of “the politics,” the incentives and constraints, mostly non-economic, facing all of the players. Politicians are usually incredibly logical—if you (deeply!) understand the matrix in which they exist.10. Relationships from within our firm are as important—often more important—as those from outside—again broad is as important as deep. Allies—avid supporters!—within and from non-obvious places may be more important than relationships at the Client organization. Goal: an “insanely unfair ‘market share’” of insiders’ time devoted to your projects!

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“Everyone lives by

selling something.”

—Robert Louis Stevenson

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11. Interesting outsiders are essential to innovative proposal and sales teams. An “exciting” sales-proposal team is as important as a prestigious one.12. Is the proposal-sales team weird enough—weirdos come up with the most interesting, game-changer ideas. Period.13. Lunch with at least one weirdo per month. (Goal: always on the prowl for interesting new stuff.)14. Gratuitous comment: Lunches with good friends are typically a waste of (professional) time. 15. Don’t short-change (time, money, depth) the proposal process. Miss one tiny nuance, one potential incentive that “makes my day” for a key Client player—and watch the whole gig be torpedoed. 16. “Sticking with it” sometimes pays, sometimes not—it takes a lot of tries to forge the best path in. Sometimes you never do, after a literal lifetime. (Ah, life.)17. WOMEN ARE SIMPLY BETTER AT RELATIONSHIPS—don’t get hung up—particularly in tech firms—on what industries-countries “women can’t do.” (Or some such bullshit.)

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18. Work incessantly on your “story”—most economic value springs from a good story (think Perrier)! In sensitive public or quasi-public negotiations, a compelling story is of immense value—politics is about the tension among competing stories. (If you don’t believe me, ask Karl Rove or James Carville.) (“Storytelling is the core of culture.” —Branded Nation: The Marketing of Megachurch, College Inc., and Museumworld, James Twitchell)19. Call this 18A, or 18 repeat: Become a first-rate Storyteller! (“A key – perhaps the key – to leadership is the effective communication of a story.”—Howard Gardner, Leading Minds: An Anatomy of Leadership)20. Risk Assessment & Risk Management is more about stories than advanced math—i.e., brilliant scenario construction.21. Good listeners are good sales people. Period.22. Lousy listeners are lousy sales people. Period. 23. GREAT LISTENERS ARE GREAT SALES PEOPLE. (Listening “skills” are hard to learn and subject to immense effort in pursuit of Mastery. A virtuoso “listener” is as rare as a virtuoso cello player.) (“If you don’t listen, you don’t sell anything.”—Carolyn Marland/MD/Guardian Group)

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24. Things that are funny to me (American) are often-mostly not funny to those in other cultures. (Humor is as fine-edged as it gets, and rarely travels.)25. You don’t know Jack Squat about other peoples’ cultures—especially if you are a typically myopic American. (Like me.)26. Are you a great interviewer? It’s a make or break skill. (Think Barbara Walters’ skill at extracting unwanted truths from pros in persona-protection ... in front of 10s of millions of people.27. Are you a great (not merely “good”) presenter? Mastering presentation skills is a life’s work—with stupendous payoff.28. Work like hell on the Big 2: LISTENING/INTERVIEWING, PRESENTING. These are “the essence of [sales] life”—and usually picked-up in an amateurish fashion. Mistake! (Become a “professional student” of these two areas, achieve Mastery.)29. Are you good at flowers? Think: FLOWER POWER! (see Harvey Mackay’s “Mackay 66”—what you should know about a Client; e.g., birthdays & anniversaries.) (My “flowers budget” is out of control. Hooray for me.)30. You can’t do it all—be clear at what you are good at, bad at, indifferent at. Hubris sucks.

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“If you don’t listen,

you don’t sellanything.”

—Carolyn Marland/Managing Director/

Guardian Group

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31. The point is not to “prove yourself.” (That’s ego-talk.) Let the best person present to the Client—perhaps a “lower level” geek. (“Control freaks” get their just desserts in the long haul—or sooner.)32. The numbers will more or less take care of themselves over the long haul—if the relationship/s is/are solid gold.33. The Gold Standard in selling: INDISPENSABLE to the Client. No other goal is worthy.34. Never stop growing-broadening-deepening the relationship. The key to “indispensability” is to get the Client more and more … and more … and then more … imbedded in “our” web. Hence the so-called “selling process” is only the first step!35. USE THE WORD “WE” … CONSTANTLY & RELIGIOUSLY! (E.g.: “We”—the Client & me—“are going to change the world with this service.”)36. Don’t waste your time on jerks—it’ll rarely work out in the mid- to long-term.37. Genius is walking away from lousy “scores” (deals)—and accepting the attendant heat. Big Business is the premier home to Big Egos overpaying by a factor of 2 to 22 with billion$$$$ at stake. (Think Jerry Levin and AOL Time Warner.)

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38. You haven’t a clue as to how this situation will actually play out—be prepared to move fast in a different direction.39. Keep your word.40. KEEP YOUR WORD.41. Underpromise (i.e., don’t over-promise; i.e., cut yourself a little slack) even if it costs you business—winning is a long-term affair. Over-promising is Sign #1 of a lack of integrity. You will pay the piper. 42. There is such a thing as a “good loss”—if you’ve tested something new and developed good relationships. A half-dozen honorable, ingenious losses over a two-year period can pave the way for a Big Victory in a New Space in year 3.43. It’s a competitive world out there. New, innovative products are harder to sell than old stand-bys. Nonetheless, you will be a long-term star to the extent that you are willing to push the harder-to-sell-at-the-moment Innovative Products that cement long-term Client success (Indispensability!) —even if it means a #s hit this quarter. PART OF YOUR JOB: TAKE CLIENTS ON AN ADVENTURE THAT PUTS THEM AHEAD OF THE GAME CALLED (GAMECHANGING—hopefully) COMPETITIVE ADVANTAGE!

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44. Think “legacy”—what the hell is all this really about for you and the world? (“Tell me, what is it you plan to do with your one wild and precious life?” —Mary Oliver)45. THERE ARE NO “MODERATES” IN THE HISTORY BOOKS! 46. Keep it simple! (Damn it!) No matter how “sophisticated” the product. If you can’t explain it in a phrase, a page, or to your 14-year-old ... you haven’t got it right yet.47. Know more than the next guy. Homework pays. (of course it’s obvious—but in my work it is too often honored in the breach.)48. Regardless of project size, winning or losing invariably hinges on a raft of “little stuff.” Little stuff is and always has been everything!!!!!!!!!!!!!!!!!!!!—or, “one man’s little stuff is another man’s 7.6 Richter deal-breaker.”49. In public settings in particular, face saving is all. When something changes, allow the other guy to come out looking like a winner, especially if he has lost. (Even if you must accept the egg on your face—he will always remember you!)50. Don’t hold grudges. (It is the ultimate in small mindedness—and incredibly wasteful and ineffective. There’s always tomorrow.)

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51. IT’S ALWAYS “THE POLITICS”—wee private-sector deal or giant public sector deal. (Every player, small or large, is angling for something. Master the calculus of advantage.)52. To beat the “turnover problem” in key Client posts amidst long negotiations, invest outrageous amounts of time building a wide & deep set of relationships with mid-level (& lower!!) “plodding” “careerists.” The invisible careerists are the bedrock upon which repeated success is built! (My “Capitol Hill Axiom”: It’s the 24-year-old LA who in the end briefs the Senator right before she goes to the Floor to vote.)53. Speaking of “she”: Gender differences are Enormous—dealing with a woman and dealing with a man are different kettles of fish—you must become an A+ student of gender differences. (E.g.: Men are typically more interested in the short-term “score.” Women are more interested in the long-term consequences.) 54. “LITTLE PEOPLE” OFTEN HAVE BIG FRIENDS.55. This is not war, damn it. All parties can win (or not lose, anyway). And losing bidders can walk away from a deal with increased respect for you and your team.

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56. Never, ever dump on a competitor—the Tom Watson IBM glory-days mantra.57. Never forget the “Law of Cousins!” In developing nations in particular, power brokers at all levels are at least cousins! Consideration for a second cousin can pay off big time.58. Speaking of “favors,” jail sucks.59. Work hard beats work smart. (Mostly.)60. REPEAT: HE/SHE WHO HAS THE MOST-BEST RELATIONSHIPS WINS. RELATIONSHIPS ARE THE ESSENCE OF THE WORK OF THE SALESPERSON. THE HARD ... AND LONG ... WORK OF THE SALESPERSON. 61. Mano v mano “hardball” is seldom the answer—end runs based and patient multi-level relationship building via deeper-wider networks win. 62. If the deal is wired from below, truly wired, than the so-called “big negotiations” are essentially irrelevant.63. If every quarter is a “little better” than the prior quarter—then you are not taking any serious risks. 64. Phones beat email.

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“Nothing is so

contagious asenthusiasm.”

—Samuel Taylor Coleridge

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65. A THREE-MINUTE CALL TODAY CAN AVOID A GAME-LOSER OF A FIASCO NEXT MONTH. There was always a time when a little thing could have been addressed that headed off a subsequent big thing. As to avoiding that call, didn’t someone say, “Pride goeth before the fall”?66. Be hyper-organized about relationship management—you are in the anthropology business. Study the great pols! Brilliant NRM (network relationship management) is not accidental! It is not catch-as-catch can. (Football analogies are cute—but deep political understanding pays the private-school tuition.)67. Obsess on ROIR (Return On Investment In Relationships).68. “THANK YOU” NOTES: World’s highest-return investment!!69. The way to anyone’s heart: Doing a nice thing for their kid. (But, gawd, does this take a gentle touch.)70. Scoring off other people is stupid. Winners are always in the business of creating the maximum # of winners—among adversaries at least as much as among “partners.”71. Your colleagues’ successes are your successes. Period. (Trust me, my greatest personal success—financially as well as artistically—has been creating a bigger pond in which everyone wins, even if my “market share” is down.)

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72. Lend a helping hand, especially when you don’t have the time. E.g. share relationships—the more you give away the more you get in return (just like they say in church). 73. Listen up: “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. (I.e., Respect is Cool.)74. Mentoring is a thrill—and the practical payoff is enormous. The best mentors have the whole world working its buns off for them!75. Hire for enthusiasm. Promote for enthusiasm. Cherish enthusiasm. REMOVE NON-ENTHUSIASTS—THEY ARE CANCERS. (“Nothing is so contagious as enthusiasm.”—Samuel Taylor Coleridge. “A man without a smiling face must not open a shop.”—Chinese Proverb.)76. IT’S ALWAYS YOUR PROBLEM—you sold it to them.

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77. It’s never over: While there may be an excellent service activity in your company, the “relationship” belongs to You! Hence the “aftersales” “moments of truth” are at least as—if not more than*--important to the Continuing Relationship as the sale “transaction” itself. (*I vote for “more than.”) You’ll get your biggest “points” with the Client for being an effective after-the-fact go-between with your company.78. Don’t get too hung up on “systems integration”—first & foremost, the individual bits have got to work.79. For God’s sake don’t over promise on “systems integration”—it’s nigh on impossible to deliver.80. On the other hand … winners clamber Up the Value-added Ladder, and offer ever so much more than “mere” product. ALL SUCCESSFUL SALES PEOPLE ARE IN THE “SOLUTIONS BUSINESS”—no matter how jargony that may sound.

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81. “Systems” / “Solutions” selling means grappling directly with “culture change” in Client organizations. (“The business of selling is not just about matching viable solutions to the customers that require them. It’s equally about managing the change process the customer will need to go through to implement the solution and achieve the value promised by the solution”—Jeff Thull, The Prime Solution: Close the Value Gap, Increase Margins, and Win the Complex Sale) 82. Shit happens. That’s what they pay you for.83. This is not a “GE” or “Ben & Jerry’s” sale—it is a Joe Jones/Jane Jones sale. YOU ARE THE “BRAND” THE CLIENT BUYS—especially over the long haul.84. Duh: You make money, the company makes money—on repeat business.85. Master—yes, you—the “PR” Game. “Word of Mouth” is not accidental! You want Word of Mouth? Make it happen! 86. GOAL #1: MAKE YOUR CLIENT A HERO—YOU ARE NOT THERE TO GET CREDIT. (“Taking credit” is for egomaniacs. And losers.)87. “Decent margins,” over the mid- to long-term, are a product of better relationships, not better “negotiating skill.” (Mostly.)

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“You can’t behavein a calm, rationalmanner. You’ve

got to be out there on

the lunatic fringe.”

—Jack Welch

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88. In the immortal words of ex-GE Vice Chairman Larry Bossidy, more or less, “Realism rocks.” (“Bullshit artist” and “great salesperson,” contrary to conventional wisdom, are Diametric Opposites. “Truthteller” and Great Salesperson is more like it.)89. Be the first to tell the Client bad news (e.g., slipped delivery); his intelligence sources will tell him fast—you want to be there first with your story and to enhance your rep as Truthteller!90. Work like hell to get a reputation as a valued industry expert, to become an industry resource.91. Work the Trade Association angle for all its worth—it may take a decade to pay off—e.g., when you become an officer or are on an important panel or testify Before Congress.92. PAY YOUR DUES IN THE CLIENT ORG AND IN YOUR OWN ORG!93. It’s all bloody tactics.94. You must ... LOVE .... the product! (Period.)95. YOU MUST LOVE THE PRODUCT!96. Don’t over-schedule. “Running late” is inexcusable at any level of seniority; it is the ultimate mark of self-importance mixed with contempt.

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97. Women are better salespeople. (See Addendum.)98. Women alone understand Women.99. Actually, Women by and large understand Men better than Men understand Men.100.Women purchasers buy Stories and recommendations.101. Women take longer to become Loyal purchasers, but then stay Loyal.102. Men buy Stats.103. Men decide fast, but are fickle.104. Men & Women are … VERY, VERY … Different.105. Women buy most things. Consumer. Increasingly, professional goods and services.106. Women’s Market is Opportunity #1.107. Boomers. Many, many. Lots & lots & lots of … $$$.108. Boomers-Geezers are very different purchasers than those in other categories.

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109. It takes time to get to know people. (DUH.)110. The very idea of “efficiency” in relationship development is ... STUPID.111. MBWA (still) rules.112. “Preparing the soil” is the “first 98 percent.” (Or more.)113. WORK THE PHONES!114. Rule 5K-5M: 5K miles for a 5-Minute meeting often makes sense. (Yes, often.) (Even with constrained travel budgets.) (Thanks, super-agent Mark McCormack.)115. Become a student! Study great salespeople! (Including Presidents.) (“Natural” is a little bit true—but then Naturals are always the ones who study hardest—e.g., Jerry Rice.)116. Become a student! Yes, you can study Relationship Building. So, study … 117. Beware complexifiers and complicators. (Truly “smart people” ... Simplify things.)

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118. The smartest guy in the room rarely wins—alas, he usually is aware he’s the smartest guy. (And needn’t waste his time on that “soft relationship crap.”)119. Be kind. It works.120. Be especially kind when there are screw-ups. (There’s plenty of time later to Play the Great Accountability Game.)121. Presidents never tire of being treated like Presidents.

122. Luck matters. So: Good luck!

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ADDENDUM: Women Rock … as Salespersons (From Item #98.)

And the answers are?

“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

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Tom’s

60TIBs**TIB = This I Believe

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1. TECHNICOLOR RULES! (Passion Moves Mountains!)2. Audacity Matters!3. Revolution Now!4. Question Authority! (& Hire Disrespectful People.) 5. Disorganization Wins! (LOVE THE MESS!)

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6. Think 3M: Markets Matter Most. ONLY EXTREME COMPETITION STAVES OFF STALENESS. (You can take the boy out of Silicon Valley, but you can’t take Silicon Valley out of the boy!)7. Three Hearty Cheers for Weirdos. (Bill Gates, Steve Jobs, Larry Ellison, Scott McNealy, Craig Venter et al.) 8. Message 2003: Technology Change (Info-sciences, Biosciences) Is in Its Infancy! (WE AIN’T SEEN NOTHIN’ YET!)9. Everything Is Up For Grabs! Volatility Is Thy Name! (Forever & Ever. Amen.) RE-INVENT … OR DIE! 10. Big Sucks. (Mostly.) (VERY Mostly.)

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11. “Permanence” Is a Snare & a Delusion. (Forget “Built to Last.” It’s Yesterday’s Idea.)12. Kaizen” (Continuous Improvement) Is … Dangerous.13. DESTRUCTION RULES!14. Forget It! (“Learning” = Easy. “Forgetting” = Nigh on Impossible.) 15. Innovation Is Easy: Hang Out with Freaks. (Employees, Board Members, Customers, Suppliers, Alliance Partners, Consultants.)

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16. Boring Begets Boring. (Cool Begets Cool.)17. Think “Portfolio.” (We’re All V.C.s.)18. Perception Is All There Is. (“Insiders” … ALWAYS … overestimate the Radicalism of What They’re Up To.)19. Action … ALWAYS … Takes Precedence. Think: R.F!A./Ready. Fire! Aim. (REWARD SUCCESS. REWARD FAILURE. PUNISH … INACTION.) 20. He Who Makes & Tests the Quickest & Coolest Prototypes Reigns!

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21. Haste Makes Waste. (SO GO WASTE!)22. Screw-ups are … the … Mark of Excellence. (“Do It Right the First Time” Is a Very Stupid Idea.) 23. Play Hard! Play Now! (Cherish Play!)24. TALENT TIME! (He/She Who Has the Best “Roster” Rules!)25. Re-do Education. Totally. (FOSTER CREATIVITY … NOT UNIFORMITY.) (THE NOISIEST CLASSROOM WINS.)

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26. Diversity’s Hour Is Now!27. SHE … Is the Best Leader!28. MARKETING MANTRA: Embrace the “BIG THREE” Demographics. (1) SHE … is the Customer. (For everything.) (2) Rapidly Aging Boomers Have … ALL THE MONEY. (3) Green … Matters. (TRILLIONS OF $$$$$ Are at Stake.) (NOBODY … Gets It.) (Mere “Programs” Will Not Suffice.)29. Re-boot Healthcare. (UNDERSTATEMENT.)30. WHAT ARE WE SELLING? “Experiences” & “Solutions” > “Quality” & “Satisfaction.” (The Traditional Value-added Equation Is Being Set on Its Ear.)

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31. DESIGN = New Seat of the Soul. 32. Branding Is for … EVERYONE. He Who Has the … BEST STORY … Takes Home the Marbles.33. DRAMATIC DIFFERENCE = Only Difference.34. WORDS/Language Matters … a Lot. (E.g.: Three Hearty Cheers for “Wow”!)35. WHAT MATTERS IS STUFF THAT MATTERS. (Query #1: “Are You Proud of It?”)

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36. eALL. (IS/IT: Half-way = No Way.)37. DREAM … Big! DREAM … Enormous. DREAM … Gargantuan. (These Are XXXL Times.)38. THINK MIKE! (Michelangelo: “The greatest danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it.”)39. There Is Only … ONE BIG ISSUE. Cross- functional Communication.40. Stop Doing Dumb Shit. (SYSTEMATIZE THE PROCESS OF “UN-DUMBING.”)

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41. Beautiful Systems Are … BEAUTIFUL.42. The … WHITE-COLLAR REVOLUTION … Will Devour Everything in Its Path. 43. Take Charge of Your Destiny! BrandYou Moment! DISTINCT … OR EXTINCT!44. “Powerlessness” Is a State of Mind! Think: King. Gandhi. De Gaulle.45. Pursue Adventure … in Every Task.

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46. EXCELLENCE … Is a State of Mind. (Excellence Takes a Minute.) (No Bull.)47. SHOW UP! (If You Care, You’re There.)48. YOUR CALENDAR KNOWS ALL. (You = Calendar.) (Mind Your “TO DON’T” List.)49. LIFE IS SALES. (The Rest Is Details.)50. Boss Mantra #1: “I DON’T KNOW.” (“I Don’t Know” = Permission to Explore.)

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51. Management Role 1: GET OUT OF THE WAY. (Clear the Way.) (“Manager” = Hurdle Removal Professional.)52. Epitaph from Hell: “He Woulda Done Some Truly Cool Stuff … But His Boss Wouldn’t Let Him.”53. Change Takes However Long You Think It Takes. (Eschew … “Incrementalism.”)54. Respect! (Rule 1: Don’t Belittle!)55. “Thank You” Trumps All!

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56. Integrity Matters! Integrity = Credibility. (Dennis K. Is a Jerk.)57. SOFT IS HARD. HARD IS SOFT. (Numbers Are Soft. People Are Not.)58. Try Sunny! (Sunny Begets Sunny. Gloomy Begets Gloomy.)59. DISPENSE ENTHUSIASM!60. FUN …Is Not a 4-Letter Word. So, too … JOY. (And … GRACE.)

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EXCELLE ALWAYS.