Download presentation
Presentation is loading. Please wait.
Published byValentine Goodman Modified over 8 years ago
1
Tom Peters/ SouthAfrica2002 Leading in Totally Screwed-Up Times 12August2002/Johannesburg
2
“If you don’t like change, you’re going to like irrelevance even less.” —General Eric Shinseki, Chief of Staff, U. S. Army
3
Tom’s 15 TIBs 1. Technicolor. 2. Passion. 3. Action/R.F!A. 4. Screw-ups. 5. Mess. 6. Revolution. 7. eALL. 8. Forgetting/Destruction. 9. Daring. 10. Talent. 11. Talent+/Diversity. 12. Talent++/Women. 13. Design. 14. Experiences. 15. New Demographics/Women/Aging/Green.
4
The Context.
5
“There will be more confusion in the business world in the next decade than in any decade in history. And the current pace of change will only accelerate.” Steve Case
6
The Leadership 50
7
The Basic Premise.
8
1. Leadership Is a … Mutual Discovery Process.
9
Leaders-Teachers Do Not “Transform People”! Instead leaders-mentors-teachers (1) provide a context which is marked by (2) access to a luxuriant portfolio of meaningful opportunities (projects) which (3) allow people to fully (and safely, mostly—caveat: “they” don’t engage unless they’re “mad about something”) express their innate curiosity and (4) engage in a vigorous discovery voyage (alone and in small teams, assisted by an extensive self-constructed network) by which those people (5) go to-create places they (and their mentors-teachers- leaders) had never dreamed existed—and then the leaders-mentors-teachers (6) applaud like hell, stage “photo-ops,” and ring the church bells 100 times to commemorate the bravery of their “followers’ ” explorations!
10
1A. Leaders … Cede Control.
11
“I don’t know.”
12
1B. Leaders Try … Not to Screw Things Up
13
“ Ninety percent of what we call ‘management’ consists of making it difficult for people to get things done.” – P.D.
14
The Leadership Types.
15
2. Great Leaders on Snorting Steeds Are Important – but Great Talent Developers (Type I Leadership) are the Bedrock of Organizations that Perform Over the Long Haul.
16
25/8/53* (*Damn it!)
17
Whoops: Jack didn’t have a vision!
18
2A. “Just One”: Great Leading = Great Mentoring.
19
T.A.: 3
20
2B. Great Leaders are … Great V.C.s.
21
“Basically [Omnicom’s John] Wren makes aggressive bets on entrepreneurs and gives them tremendous autonomy, on the assumption that the risk-taking will pay off in new ideas, connections, businesses, and, yes, revenues and profits. … ‘Omnicom operates like a venture-capital firm,’ says Sir Martin Sorrell [of WPP].” Business 2.0 (09.17.2001)
22
3. But Then Again, There Are Times When This “Cult of Personality” (Type II Leadership) Stuff Actually Works!
23
“A leader is a dealer in hope.” Napoleon (+TP’s writing room pics)
24
4. Find the “Businesspeople”! (Type III Leadership)
25
I.P.M. (Inspired Profit Mechanic)
26
4A. All Organizations Need the Golden Leadership Triangle.
27
The Golden Leadership Triangle: (1) Creator- Visionary … (2) Talent Fanatic-Mentor-V.C. … (3) Inspired Profit Mechanic.
28
5. Leadership Mantra #1: IT ALL DEPENDS!
29
Renaissance Men are … a snare, a myth, a delusion!
30
5A. The Leader Is Rarely/Never the Best Performer.
31
33 Division Titles. 26 League Pennants. 14 World Series: Earl Weaver—0. Tom Kelly—0. Jim Leyland—0. Walter Alston—1AB. Tony LaRussa—132 games, 6 seasons. Tommy Lasorda—P, 26 games. Sparky Anderson—1 season.
32
The Leadership Dance.
33
6. Leaders … SHOW UP!
34
Rudy!
35
P.S. … Mark McCormack: 5,000 miles for a 5 min. meeting !
36
6A. Leaders … LOVE the MESS!
37
“I’m not happy unless I’m uncomfortable.” — Jay Chiat
38
“If things seem under control, you’re just not going fast enough.” Mario Andretti
39
7. Leaders DO!
40
The Kotler Doctrine: 1965-1980: R.A.F. (Ready.Aim.Fire.) 1980-1995: R.F.A. (Ready.Fire!Aim.) 1995-????: F.F.F. (Fire!Fire!Fire!)
41
Read It Closely: “We don’t sell insurance anymore. We sell speed.” Peter Lewis, Progressive
42
7A. Leaders Re -do.
43
“If Microsoft is good at anything, it’s avoiding the trap of worrying about criticism. Microsoft fails constantly. They’re eviscerated in public for lousy products. Yet they persist, through version after version, until they get something good enough. Then they leverage the power they’ve gained in other markets to enforce their standard.” Seth Godin, Zooming Seth Godin
44
“Sony Electronics has a well- earned reputation for persistence. The company’s first entry into a new field often isn’t very good. But, as it has shown in laptops, Sony will keep trying until it gets it right.” Business Week (5/01)
45
“If it works, it’s obsolete.” —Marshall McLuhan
46
7B. Leaders Are PLAYFUL.
47
“You can’t be a serious innovator unless and until you are ready, willing and able to seriously play. ‘Serious play’ is not an oxymoron; it is the essence of innovation.” Michael Schrage, Serious Play Michael Schrage
48
8. BUT … Leaders Know When to Wait.
49
Tex Schramm: The “too hard” box!
50
Leaders know when to … RETREAT.
51
Axioms: (1) Pick your battles carefully. (2) Sometimes inaction promotes sorting out & preserves options.
52
9. Leaders … DELIVER!
53
9A. Leaders KNOW They Can Make a Difference!
54
“Leaders don’t ‘want to’ win. Leaders ‘need to’ win.” #49
55
“It is no use saying ‘We are doing our best.’ You have got to succeed in doing what is necessary.” — WSC
56
“When assessing candidates, the first thing I looked for was energy and enthusiasm for execution. Does she talk about the thrill of getting things done, the obstacles overcome, the role her people played—or does she keep wandering back to strategy or philosophy?” —Larry Bossidy, Honeywell/AlliedSignal, in Execution
57
9B. Leaders Are … Optimists.
58
Hackneyed but none the less true: LEADERS SEE CUPS AS “HALF FULL.”
59
Half-full Cups: “[Ronald Reagan] radiated an almost transcendent happiness.” Lou Cannon, George (08.2000)
60
10. BUT … Leaders Are Realists/Leaders Win Through LOGISTICS!
61
The “Gus [Pagonis] Imperative”!
62
11. Leaders FOCUS!
63
“To Don’t ” List
64
11A. Leaders … Set CLEAR DESIGN SPECS.
65
Danger: S.I.O. (Strategic Initiative Overload)
66
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. (Throughout) TALENT JACK!
67
11B. Leaders … Send V-E-R-Y Clear Signals About Design Specs!
68
Ridin’ with Roger: “What have you done to DRAMATICALLY IMPROVE quality in the last 90 days?”
69
It’s Relationships, Stupid.
70
12. Leaders Trust in TRUST !
71
Credibility !
72
12A. Leaders Infuse the Dreaded-All Important “Evaluation Process” with CREDIBILITY!
73
25 = 100
74
13. Leaders … Understand the Ultimate Power of RELATIONSHIPS.
75
“Women speak and hear a language of connection and intimacy, and men speak and hear a language of status and independence. Men communicate to obtain information, establish their status, and show independence. Women communicate to create relationships, encourage interaction, and exchange feelings.” Judy Rosener, America’s Competitive Secret Judy Rosener
76
“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
77
14. Leaders Know … Women Roar/ Women Rule.
78
“AS LEADERS, WOMEN RULE: New Studies find that female managers outshine their male counterparts in almost every measure” Title, Special Report, Business Week, 11.20.00
79
Women’s Strengths Match New Economy Imperatives: Link [rather than rank] workers; favor interactive-collaborative leadership style [empowerment beats top-down decision making]; sustain fruitful collaborations; comfortable with sharing information; see redistribution of power as victory, not surrender; favor multi-dimensional feedback; value technical & interpersonal skills, individual & group contributions equally; readily accept ambiguity; honor intuition as well as pure “rationality”; inherently flexible; appreciate cultural diversity Source: Judy B. Rosener, America’s Competitive Secret
80
If It Ain’t Broke … Break It.
81
15. Leaders … FORGET!/ Leaders … DESTROY!
82
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
83
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
84
“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
85
Whaddaboutheproduct? 20 of 26 7 of top 10*
86
*P&G: Declining domestic sales in 20 of 26 categories; 7 of top 10 categories. (The “billion- dollar” problem.) Source: Advertising Age 01.21.2002/BofA Securities
87
Primary Obstacles to “Marketing-driven Change” 1. Fear of “cannibalism.” 2. “Excessive cult of the consumer”/ “customer driven”/ “slavery to demographics, market research and focus groups.” 3.Creating “sustainable advantage.” Source: John-Marie Dru, Disruption
88
Leaders “dump the ones who brung ’em” — Nokia, HP, 3M, PerkinElmer, Corning, etc.
89
Cortez!
90
Jim & Tom. Joined at the hip. Not.
91
The [New] G e Way DYB.com
92
16. BUT … Leaders Have to Deliver, So They Worry About “Throwing the Baby Out with the Bathwater.”
93
“Damned If You Do, Damned If You Don’t, Just Plain Damned.” Subtitle in the chapter, “Own Up to the Great Paradox: Success Is the Product of Deep Grooves/ Deep Grooves Destroy Adaptivity,” Liberation Management (1992)
94
“Organize” for … performance & customer satisfaction. “Disorganize” for … renewal & innovation.
95
17. Leaders … HONOR THE USURPERS.
96
Saviors-in-Waiting Disgruntled Customers Upstart Competitors Rogue Employees Fringe Suppliers Wayne Burkan, Wide Angle Vision
97
CUSTOMERS: “Future- defining customers may account for only 2% to 3% of your total, but they represent a crucial window on the future.” Adrian Slywotzky, Mercer Consultants
98
COMPETITORS: “The best swordsman in the world doesn’t need to fear the second best swordsman in the world; no, the person for him to be afraid of is some ignorant antagonist who has never had a sword in his hand before; he doesn’t do the thing he ought to do, and so the expert isn’t prepared for him; he does the thing he ought not to do and often it catches the expert out and ends him on the spot.” Mark Twain
99
Employees: “Are there enough weird people in the lab these days?” V. Chmn., pharmaceutical house, to a lab director (06.01)
100
Suppliers: There is an ominous downside to strategic supplier relationships. An SSR supplier is not likely to function as any more than a mirror to your organization. Fringe suppliers that offer innovative business practices need not apply.” Wayne Burkan, Wide Angle Vision: Beat the Competition by Focusing on Fringe Competitors, Lost Customers, and Rogue Employees
101
17A. Leaders … HANG OUT WITH FREAKS!
102
The Cracked Ones Let in the Light “Our business needs a massive transfusion of talent, and talent, I believe, is most likely to be found among non-conformists, dissenters and rebels.” David Ogilvy
103
Deviants, Inc. “Deviance tells the story of every mass market ever created. What starts out weird and dangerous becomes America’s next big corporate payday. So are you looking for the next mass market idea? It’s out there … way out there.” Source: Ryan Matthews & Watts Wacker, Fast Company (03.02)
104
WEIRD IDEAS THAT WORK: (1) Hire slow learners (of the organizational code). (1.5) Hire people who make you uncomfortable, even those you dislike. (2) Hire people you (probably) don’t need. (3) Use job interviews to get ideas, not to screen candidates. (4) Encourage people to ignore and defy superiors and peers. (5) Find some happy people and get them to fight. (6) Reward success and failure, punish inaction. (7) Decide to do something that will probably fail, then convince yourself and everyone else that success is certain. (8) Think of some ridiculous, impractical things to do, then do them. (9) Avoid, distract, and bore customers, critics, and anyone who just wants to talk about money. (10) Don’t try to learn anything from people who seem to have solved the problems you face. (11) Forget the past, particularly your company’s success. Bob Sutton, Weird Ideas That Work: 11½ Ideas for Promoting, Managing, and Sustaining Innovation Bob Sutton
105
Leaders know … WE BECOME WHO WE HANG WITH!
106
Message: TAKE SOMEONE NEW & WEIRD TO LUNCH TODAY OR TOMORROW. [Inundate yourself with weird.]
107
18. Leaders Make [Lotsa] Mistakes – and MAKE NO BONES ABOUT IT!
108
Sam’s Secret #1!
109
“Fail faster. Succeed sooner.” David Kelley/IDEO David KelleyIDEO
110
Fail. Forward. Fast. –High-tech Exec
111
“The Silicon Valley of today is built less atop the spires of earlier triumphs than upon the rubble of earlier debacles. ” —Newsweek/ Paul Saffo (03.02)
112
Read This! Richard Farson & Ralph Keyes: Whoever Makes the Most Mistakes Wins: The Paradox of Innovation
113
18A. Leaders Make … BIG MISTAKES!
114
“Reward excellent failures. Punish mediocre successes.” Phil Daniels, Sydney exec (and, de facto, Jack)
115
18B. Leaders Honor Mistakes & Create “Blame-free ‘Cultures.’ ”
116
Winning By Acknowledging Failures Wernher Von Braun, the Redstone missile engineer who “confessed” & the bottle of champagne. Award to the sailor on the Carl Vinson—for reporting the lost tool. Amy Edmondson & the successful nursing units with the highest reported adverse drug events. Source: Karl Weick & Kathleen Sutcliffe, Managing the Unexpected
117
Accountability: YES! Never-ending witch hunts: NO!
118
Create.
119
19. Leaders Know that THERE’S MORE TO LIFE THAN “LINE EXTENSIONS.” Leaders Love to CREATE NEW MARKETS.
120
“Acquisitions are about buying market share. Our challenge is to create markets. There is a big difference.” Peter Job, CEO, Reuters
121
No one ever made it into the Business Hall of Fame on a record of “line extensions.”
122
20. Leaders Pursue DRAMATIC DIFFERENCE!
123
1 st Law Mktg Physics: OVERT BENEFIT (Focus: 1 or 2 > 3 or 4/“One Great Thing.” Source #1: Personal Passion) 2 ND Law: REAL REASON TO BELIEVE (Stand & Deliver!) 3 RD Law: DRAMATIC DIFFERENCE (Execs Don’t Get It: “intent to purchase” – 100%; “unique” – 0% to 5%) Source: Jump Start Your Business Brain, Doug HallDoug Hall
124
“They [consumer goods company] have acquired a bunch of products, which is what everyone is doing. But what’s the point, the message, the story line, the Big Idea that makes ‘it’ all hang together?” —Exec, major consumer goods company
125
20A. Leaders … Make Their Mark / Leaders … Do Stuff That Matters
126
“I never, ever thought of myself as a businessman. I was interested in creating things I would be proud of.” —Richard Branson
127
The greatest danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it. Michelangelo
128
Trends.
129
21. Leaders “Get” the … Big3 Trends
130
Trends I: Women Roar.
131
????????? Home Furnishings … 94% Vacations … 92% (Adventure Travel … 70%/ $55B travel equipment) Houses … 91% D.I.Y. (“home projects”) … 80% Consumer Electronics … 51% Cars … 60% (90%) All consumer purchases … 83% Bank Account … 89% Health Care … 80%
132
2/3rds working women/ 50+% working wives > 50% 80% checks 61% bills 53% stock (mutual fund boom) 43% > $500K 95% financial decisions/ 29% single handed
133
$4.8T > Japan 9M/27.5M/$3.6T > Germany
134
Carol Gilligan/ In a Different Voice Men: Get away from authority, family Women: Connect Men: Self-oriented Women: Other-oriented Men: Rights Women: Responsibilities
135
FemaleThink/ Popcorn “Men and women don’t think the same way, don’t communicate the same way, don’t buy for the same reasons.” “He simply wants the transaction to take place. She’s interested in creating a relationship. Every place women go, they make connections.”Popcorn
136
Read This Book … EVEolution: The Eight Truths of Marketing to Women Faith Popcorn & Lys Marigold Faith Popcorn
137
EVEolution: Truth No. 1 Connecting Your Female Consumers to Each Other Connects Them to Your Brand
138
“The ‘Connection Proclivity’ in women starts early. When asked, ‘How was school today?’ a girl usually tells her mother every detail of what happened, while a boy might grunt, ‘Fine.’ ” EVEolution
139
“Women don’t buy brands. They join them.” EVEolution
140
Not ! “Year of the Woman”
141
“Honey, are you sure you have the kind of money it takes to be looking at a car like this?”
142
STATEMENT OF PHILOSOPHY: I am a businessperson. An analyst. A pragmatist. The enormous social good of increased women’s power is clear to me; but it is not my bailiwick. My “game” is haranguing business leaders about my fact-based conviction that women’s increasing power – leadership skills and purchasing power – is the strongest and most dynamic force at work in the American economy today. Dare I say it as a long-time Palo Alto resident … THIS IS EVEN BIGGER THAN THE INTERNET! Tom Peters
143
Ad from Furniture /Today (04.01): “MEET WITH THE EXPERTS!: How Retailing’s Most Successful Stay that Way” Presenting Experts: M = 16 ; F = ?? (94% = 272)
144 0
145
Stupid: “Amazing, now that I think about it. A bunch of guys --developers, architects, contractors, engineers, bankers--sitting around designing shopping centers. And the ‘end users’ will be overwhelmingly women!”
146
Stupid!
147
F.Y.I.
148
“Women Beat Men at Art of Investing” Source: Miami Herald, reporting on a study by Profs. Terrance Odean and Brad Barber, UC Davis (Cause: Guys are “in and out” of stocks more often; women choose carefully and hold on for the long term)
149
Investment Club Returns Women-only clubs 1997 … 17.9% Mixed … 17.3% Men-only … 15.6% Source: National Assoc. Investors
150
Value Line: Top State* Investment Clubs 2000 8 … All male 19 … Coed 22 … All FEMALE * VT & Maine not included; D.C. included
151
“Customer is King”: 4,440 “Customer is Queen”: 29 Source: Steve Farber/Google search/04.2002
152
No : “Target Marketing” Yes : “Target Innovation” & “Target Delivery Systems”
153
Trends II: Boomer Bonanza/ Godzilla Geezer.
154
Subject: Marketers & Stupidity “ It’s 18-44, stupid!”
155
Subject: Marketers & Stupidity Or is it: “18-44 is stupid, stupid!”
156
2000-2010 Stats 18-44: -1% 55+: +21% (55-64: +47%)
157
50+ $7T wealth (70%)/$2T annual income 50% all discretionary spending 79% own homes/40M credit card users 41% new cars/48% luxury cars $610B healthcare spending/ 74% prescription drugs 5% of advertising targets Ken Dychtwald, Age Power: How the 21 st Century Will Be Ruled by the New Old
158
“Marketers attempts at reaching those over 50 have been miserably unsuccessful. No market’s motivations and needs are so poorly understood.” — Peter Francese, founding publisher, American Demographics
159
“ ‘Age Power’ will rule the 21 st century, and we are woefully unprepared.” Ken Dychtwald, Age Power : How the 21 st Century Will Be Ruled by the New Old
160
No : “Target Marketing” Yes : “Target Innovation” & “Target Delivery Systems”
161
Trends III: Green = $$$$$$
162
“Of all the ways the company will be judged over the next decade, none will be greater than our response to the issue of climate change.” William Clay FORD Jr.
163
And #3: GREEN?????: 50% to 36%: Protect Environment > Economic Growth. 58% to 34%: Protect Plants & Animals > Preserve Private Property Rights.
164
E.g.: Genetically Altered Food Would eat: M, 71%; F, 50% Give to children: M, 59%; F, 37% Pay more for non-altered: M, 35%; F, 47% Source: www.pulse.org & USA Today
165
No : “Target Marketing” Yes : “Target Innovation” & “Target Delivery Systems”
166
Women’s/Aging/Green Market: Why Tough? Encompassing! Attitude! CULTURAL!
167
New Model.
168
22. Leaders … Understand the Enormity of the White Collar Revolution.
169
108 X 5 vs. 8 X 1 = 540 vs. 8 (-98.5%)
170
E.g. … Jeff Immelt: 75% of “admin, back room, finance” “digitalized” in 3 years. Source: BW (01.28.02)
171
IBM’s Project eLiza!* * “Self-bootstrapping”/ “Artilects”
172
Deep Blue Redux*: 2,240 EKGs … 1,120 heart attacks. Hans Ohlin (50 yr old chief of coronary care, Univ of Lund/SW) : 620. Lars Edenbrandt’s software: 738. *Only this time it matters!
173
“Unless mankind redesigns itself by changing our DNA through altering our genetic makeup, computer- generated robots will take over the world.” – Stephen Hawking, in the German magazine Focus
174
23. Leaders … Turn All Departments into “PSFs.”
175
So what will be the Basic Building Block of the New Org?
176
Every job done in W.C.W. is also done “outside” …for profit!
177
Answer: PSF! [Professional Service Firm] Department Head to … Managing Partner, HR [IS, etc.] Inc.
178
eHR*/PCC** *All HR on the Web **Productivity Consulting Center Source: E-HR: A Walk through a 21 st Century HR Department, John Sullivan, IHRIM
179
Model PSF …
180
(1) Translate ALL departmental activities into discrete W.W.P.F. “Products.” (2) 100% go on the Web. (3) Non-awesome are outsourced (75%??). (4) Remaining “Centers of Excellence” are retained & leveraged to the hilt!
181
“Typically in a mortgage company or financial services company, ‘risk management’ is an overhead, not a revenue center. We’ve become more than that. We pay for ourselves, and we actually make money for the company.” —Frank Eichorn, Director of Credit Risk Data Management Group, Wells Fargo Home Mortgage (Source: sas.com)
182
24. Leaders Push Their Organizations W-a-y Up the Value-added/ Intellectual Capital Chain
183
The Big Day!
184
09.11.2000: HP bids $18,000,000,000 for PricewaterhouseCoopers Consulting business!
185
“These days, building the best server isn’t enough. That’s the price of entry.” Ann Livermore, Hewlett-Packard
186
Gerstner’s IBM: Systems Integrator of choice. Global Services: $35B. Pledge/’99: Business Partner Charter. 72 strategic partners, aim for 200. Drop many in-house programs/products. (BW/12.01).
187
“You are headed for commodity hell if you don’t have services.” —Lou Gerstner on IBM’s coming revolution (1997)
188
“We want to be the air traffic controllers of electrons.” Bob Nardelli, GE Power Systems
189
“Customer Satisfaction” to “Customer Success” “We’re getting better at [Six Sigma] every day. But we really need to think about the customer’s profitability. Are customers’ bottom lines really benefiting from what we provide them?” Bob Nardelli, GE Power Systems
190
Keep In Mind: Customer Satisfaction versus Customer Success
191
Was: “Big Iron” Transformer Dudes Division. Is: Air Traffic Controllers of Electrons.
192
Was: Bunch of Guys Who Make Circuit Breakers Division. Is: GE Industrial Systems.
193
Nardelli’s goal ($50B to $100B by 2005): “… move Home Depot beyond selling ‘goods’ to selling ‘home services.’ … He wants to capture home improvement dollars wherever and however they are spent.” E.g.: “house calls” (At-Home Service: $10B by ’05?) … “pros shops” (Pro Set) … “home project management” (Project Management System … “a deeper selling relationship”). Source: USA Today/06.14.2002
194
E.g. … UTC/Otis + Carrier: boxes to “integrated building systems”
195
“UPS wants to take over the sweet spot in the endless loop of goods, information and capital that all the packages [it moves] represent.” ecompany.com/06.01 (E.g., UPS Logistics manages the logistics of 4.5M Ford vehicles, from 21 mfg. sites to 6,000 NA dealers)
196
“No longer are we only an insurance provider. Today, we also offer our customers the products and services that help them achieve their dreams, whether it’s financial security, buying a car, paying for home repairs, or even taking a dream vacation.”—Martin Feinstein, CEO, Farmers Group
197
“VISIONS OF A BRAND-NAME OFFICE EMPIRE. Sam Zell is not a man plagued by self doubt. Mr. Zell controls public companies that own nearly 700 office buildings in the United States. … Now Mr. Zell says he will transform the real estate market by turning those REITs into national brands. … Mr. Zell believes [clients] will start to view those offices as something more than a commodity chosen chiefly by price and location.” –New York Times (12.16.2001)
198
Omnicom: 57% (of $6B) from marketing services
199
25. Leaders … Demolish Stovepipes!
200
“The organizations we created have become tyrants. They have taken control, holding us fettered, creating barriers that hinder rather than help our businesses. The lines that we drew on our neat organizational diagrams have turned into walls that no one can scale or penetrate or even peer over.” —Frank Lekanne Deprez & René Tissen, Zero Space: Moving Beyond Organization Limits.
201
“In an era when terrorists use satellite phones and encrypted email, US gatekeepers stand armed against them with pencils and paperwork, and archaic computer systems that don’t talk to each other.” Boston Globe (09.30.2001)
202
“Once devised in Riyadh, the tasking order took hours to get to the Navy’s six aircraft carriers—because the Navy had failed years earlier to procure the proper communications gear that would have connected the Navy with its Air Force counterparts. … To compensate for the lack of communications capability, the Navy was forced to fly a daily cargo mission from the Persian Gulf and Red Sea to Riyadh in order to pick up a computer printout of the air mission tasking order, then fly back to the carriers, run photocopy machines at full tilt, and distribute the documents to the air wing squadrons that were planning the next strike.” –Bill Owens, Lifting the Fog of War
203
The … Solutions 25.
204
1. It’s the (OUR!) organization, stupid! 2. Friction free! 3. No STOVEPIPES! 4. “Stovepiping” is a F.O.—Firing Offense. 5. ALL on the web! (ALL = ALL.) 6. Open access! 6. Project Managers rule! (E.g.: Control the purse strings and evals.) 7. VALUE-ADDED RULES! (Services Rule.) (Experiences Rule.) (Brand Rules.) 8. SOLUTIONS RULE! (We sell SOLUTIONS. Period. We sell PRODUCTIVITY & PROFITABILITY. Period.) 9. Solutions = “Our ‘culture.’ ” 10. Partner with B.I.C. (Best-In-Class). Period.
205
12. All functions contribute equally—IS, HR, Finance, Purchasing, Engineering, Logistics, Sales, Etc. 13. Project Management can come from any function. 14. WE ARE ALL IN SALES. PERIOD. 15. We all invest in “wiring” the customer organization. 16. WE ALL “LIVE THE BRAND.” (Brand = Solutions. That MAKE MONEY FOR OUR CUSTOMER- PARTNER.) 17. We use the word “PARTNER” until we all want to barf! 18. We NEVER BLAME other parts of our organization for screw-ups. 19. WE AIM TO REINVENT THIS INDUSTRY! 20. We hate the word-idea “COMMODITY.”
206
21. We believe in “High tech, High touch.” 22. We are DREAMERS. 23. We deliver. (PROFITS.) (CUSTOMER SUCCESS.) 24. If we play the “SOLUTIONS GAME” brilliantly, no one can touch us! 25. Our TEAM needs 100% I.C.s (Imaginative Contributors). This is the ULTIMATE “All Hands” affair!
207
Innovation & Speed’s “New Basics”* 1. XFTs are the “culture.” 2. Project-centric. 3. Open “talent market.” 4. “Cause-based” projects. 5. Ubiquitous “open systems.” IS—at home & throughout supply chain. Web based. 6. F-L-A-T. *Innovation, Speed, CRM, “Experience”/ “Solution” demand this
208
KEY WORDS: Partners with our Customers in creating Memorable, Value-added Solutions/ Successes/ Experiences. WHICH REQUIRES: Total Enterprise Responsiveness … beyond functional walls.
209
“Ebusiness is about rebuilding the organization from the ground up. Most companies today are not built to exploit the Internet. Their business processes, their approvals, their hierarchies, the number of people they employ … all of that is wrong for running an ebusiness.” Ray Lane, Kleiner Perkins
210
[ Words to Live By … “Hierarchy is an organization with its face toward the CEO and its ass toward the customer.” Kjell Nordstrom and Jonas Ridderstrale, Funky Business]
211
“Supply Chain” 2000: “When Joe Employee at Company X launches his browser, he’s taken to Company X’s personalized home page. He can interact with the entire scope of Company X’s world – customers, other employees, distributors, suppliers, manufacturers, consultants. The browser – that is, the portal – resembles a My Yahoo for Company X and hooks into every network associated with Company X. The real trick is that Joe Employee, business partners and customers don’t have to be in the office. They can log on from a cell phone, Palm Pilot, pager or home office system.” Red Herring (09.2000)
212
26. Leaders Know that the “HVA/Solutions Revolution” rests upon: Experiences … Dream Fulfillment … Design.
213
A World of Scintillating/ Awesome/ WOW “Experiences.”
214
“ Experiences are as distinct from services as services are from goods.” Joseph Pine & James Gilmore, The Experience Economy: Work Is Theatre & Every Business a Stage
215
“Club Med is more than just a ‘resort’; it’s a means of rediscovering oneself, of inventing an entirely new ‘me.’ ” Source: Jean-Marie Dru, Disruption
216
“Guinness as a brand is all about community. It’s about bringing people together and sharing stories. ” — Ralph Ardill, Imagination, in re Guinness Storehouse
217
Experience: “Rebel Lifestyle!” “What we sell is the ability for a 43-year-old accountant to dress in black leather, ride through small towns and have people be afraid of him.” Harley exec, quoted in Results-Based Leadership
218
The “Experience Ladder” Experiences Services Goods Raw Materials
219
Bob Lutz: “I see us as being in the art business. Art, entertainment and mobile sculpture, which, coincidentally, also happens to provide transportation.” Source: NYT 10.19.01
220
“Car designers need to create a story. Every car provides an opportunity to create an adventure. … “The Prowler makes you smile. Why? Because it’s focused. It has a plot, a reason for being, a passion.” Freeman Thomas, co-designer VW Beetle; designer Audi TT
221
Hmmmm(?): “Only” Words … Story Adventure Smile Focus Plot Passion
222
“Most executives have no idea how to add value to a market in the metaphysical world. But that is what the market will cry out for in the future. There is no lack of ‘physical’ products to choose between.” Jesper Kunde, A Unique Moment [on the excellence of Nokia, Nike, Lego, Virgin et al.]
223
Experiences+: Embracing the “Dream Business.”
224
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
225
Common Products “Dream” Products Maxwell House Starbucks BVD Victoria’s Secret Payless Ferragamo Hyundai Ferrari Suzuki Harley Davidson Atlantic City Acapulco New Jersey California Carter Kennedy Conners Pele CNN Millionaire Source: Gian Luigi Longinotti-Buitoni
226
Building the Creative Organization Choose a creator: The cultural leader who gives the company an aesthetic point of view. Hire eclectically: Hire collaborators with different cultures and past histories in order to balance rigor with emotion. Prepare vertically: Develop a rigorous understanding of the product and the client. Develop horizontally: Promote curiosity in unrelated disciplines. Lead emotionally: Engender passionate dedication through vision and freedom. Build for the long haul: Creativity requires a lifetime commitment. Source: Gian Luigi Longinotti-Buitoni
227
Emotional Design that Interprets Dreams “Zero defects”: Only the starting point. Love at first sight. Design for the five senses. Develop to expand the Main Dream. Design so as to seduce through the peripheral senses. Source: Gian Luigi Longinotti-Buitoni
228
The marketing of Dreams (Dreamketing) Dreamketing: Touching the clients’ dreams. Dreamketing: The art of telling stories and entertaining. Dreamketing: Promote the dream, not the product. Dreamketing: Build the brand around the main dream. Dreamketing: Build the “buzz,” the “hype,” the “cult.” Source: Gian Luigi Longinotti-Buitoni
229
The [Mostly Ignored] “Soul” of “Experiences”: Design Rules!
230
Design’s place in the universe.
231
All Equal Except … “At Sony we assume that all products of our competitors have basically the same technology, price, performance and features. Design is the only thing that differentiates one product from another in the marketplace.” Norio Ohga
232
“Design is treated like a religion at BMW.” Fortune
233
“We don’t have a good language to talk about this kind of thing. In most people’s vocabularies, design means veneer. … But to me, nothing could be further from the meaning of design. Design is the fundamental soul of a man-made creation.” Steve Jobs
234
Bottom Line.
235
Design “is” … WHAT & WHY I LOVE. LOVE.
236
Design “is” … WHY I GET MAD. MAD.
237
Design is never neutral.
238
Hypothesis: DESIGN is the principal difference between love and hate!
239
THE BASE CASE: I am a design fanatic. Though not “artistic,” I love “cool stuff.” But it goes [much] further, far beyond the personal. Design has become a professional obsession. I SIMPLY BELIEVE THAT DESIGN PER SE IS THE PRINCIPAL REASON FOR EMOTIONAL ATTACHMENT [or detachment] RELATIVE TO A PRODUCT OR SERVICE OR EXPERIENCE. Design, as I see it, is arguably the #1 DETERMINANT of whether a product-service-experience stands out … or doesn’t. Furthermore, it’s another “one of those things” that damn few companies put – consistently – on the front burner.
240
Message (?????): Men cannot design for women’s needs.
241
“Perhaps the macho look can be interesting … if you want to fight dinosaurs. But now to survive you need intelligence, not power and aggression. Modern intelligence means intuition—it’s female. ” Source: Philippe Starck, Harvard Design Magazine (Summer 1998)
242
Technology.
243
27. Leaders LOVE the New Technology!
244
100 square feet
245
WebWorld = Everything Web as a way to run your business’s innards Web as connector for your entire supply-demand chain Web as “spider’s web” which re-conceives the industry Web/B2B as ultimate wake-up call to “commodity producers” Web as the scourge of slack, inefficiency, sloth, bureaucracy, poor customer data Web as an Encompassing Way of Life Web = Everything (P.D. to after-sales) Web forces you to focus on what you do best Web as entrée, at any size, to World’s Best at Everything as next door neighbor
246
Message: eCommerce is not a technology play! It is a relationship, partnership, organizational and communications play, made possible by new technologies.
247
Message: There is no such thing as an effective B2B or Internet-supply chain strategy in a low-trust, bottlenecked- communication, six-layer organization.
248
“There’s no use trying,” said Alice. “One can’t believe impossible things.” “I daresay you haven’t had much practice,” said the Queen. “When I was your age, I always did it for half an hour a day. Why, sometimes I’ve believed as many as six impossible things before breakfast.” Lewis Carroll
249
I’net … … allows you to dream dreams you could never have dreamed before!
250
“Suppose—just suppose—that the Web is a new world we’re just beginning to inhabit. We’re like the earlier European settlers in the United States, living on the edge of the forest. We don’t know what’s there and we don’t know exactly what we need to do to find out: Do we pack mountain climbing gear, desert wear, canoes, or all three? Of course while the settlers may not have known what the geography of the New World was going to be, they at least knew that there was a geography. The Web, on the other hand, has no geography, no landscape. It has no distance. It has nothing natural in it. It has few rules of behavior and fewer lines of authority. Common sense doesn’t hold here, and uncommon sense hasn’t yet emerged.” David Weinberger, Small Pieces Loosely Joined David Weinberger
251
28. Needed? Type IV Leadership: Technology Dreamer-True Believer
252
The Golden Leadership Quadrangle: (1) Creator- Visionary … (2) Talent Fanatic-Mentor-V.C. … (3) Inspired Profit Mechanic. (4) Technology Dreamer-True Believer
253
Talent.
254
29. When It Comes to TALENT … Leaders Always Swing for the Fences!
255
From “1, 2 or you’re out” [JW] to … “Best Talent in each industry segment to build best proprietary intangibles” [EM] Source: Ed Michaels, War for Talent (05.17.00)Ed Michaels
256
Message: Some people are better than other people. Some people are a helluva lot better than other people.
257
30. Leaders Don’t Create “Followers”: THEY CREATE LEADERS!
258
“I start with the premise that the function of leadership is to produce more leaders, not more followers.” — Ralph Nader
259
Brand You, Big Time! I AM AN ARMY OF ONE
260
31. Leaders “Win Followers Over”
261
WHAT AN IDIOT: “Instead of employees being in the driver’s seat, now we’re in the driver’s seat.”
262
PJ: “Coaching is winning players over.”
263
32. Leaders “Manage” Their EVP/ Internal Brand Promise.
264
MantraM3 Talent = Brand
265
EVP = Challenge, professional growth, respect, satisfaction, opportunity, reward Source: Ed Michaels et al., The War for Talent
266
33. Leaders LOVE KIDS.
267
“Why focus on these late teens and twenty- somethings? Because they are the first young who are both in a position to change the world, and are actually doing so. … For the first time in history, children are more comfortable, knowledgeable and literate than their parents about an innovation central to society. … The Internet has triggered the first industrial revolution in history to be led by the young.” The Economist [12/2000]
268
8 Minutes * —Dr. Sugata Mira, NIIT/ New Delhi/ 1999** *Ignorance to Surfing **And then there’s oya yubi sedai, the “thumb generation”
269
33A. Leaders Pursue Poets!
270
Gardner’s MI7: Logical- mathematical, Linguistic, Spatial, Musical, Bodily-kinesthetic, Interpersonal, Intrapersonal.
271
Passion.
272
34. Leaders … Out Their PASSION!
273
G.H.: “Create a ‘cause,’ not a ‘business.’ ”
274
“Vision is a love affair with an idea.” —Boyd Clarke & Ron Crossland, The Leader’s Voice
275
“Apple opposes, IBM solves, Nike exhorts, Virgin enlightens, Sony dreams, Benetton protests. … Brands are not nouns but verbs.” Source: Jean-Marie Dru, Disruption
276
!
277
35. Leaders Know: ENTHUSIASM BEGETS ENTHUSIASM!
278
BZBZ: “I am a … Dispenser of Enthusiasm!”
279
35A. Leaders Watch Their … LANGUAGE!
280
Language matters!
281
36. Leaders Focus on the SOFT STUFF!
282
“Soft” Is “Hard ” - ISOE
283
Message: Leadership is all about love! [Passion, Enthusiasms, Appetite for Life, Engagement, Commitment, Great Causes & Determination to Make a Damn Difference, Shared Adventures, Bizarre Failures, Growth, Insatiable Appetite for Change.] [Otherwise, why bother? Just read Dilbert. TP’s final words: CYNICISM SUCKS.]
284
36A. Leaders Know … “Culture Change” Takes But a Minute. (No Bull!)
285
What Do I “Do” First? One Minute Excellence!* *Thomas Watson
286
Culture Change is not “Corporate.” Culture Change is not a “Program.” Culture change does not take “Years.” Culture Change does not start “Today.” Culture Change starts Right Now! Culture Change Lives in the Moment! Culture Change is Entirely in Your Hands!
287
The “Job” of Leading.
288
37. Leaders Know It’s ALL SALES ALL THE TIME.
289
TP: If you don’t LOVE SALES … find another life. (Don’t pretend you’re a “leader.”) (See TP’s The Project50.)
290
37A. Leaders LOVE “POLITICS.”
291
TP: If you don’t LOVE POLITICS … find another life. (Don’t pretend you’re a “leader.”)
292
38. But … Leaders Also Break a Lot of China
293
If you’re not pissing people off, you’re not making a difference!
294
Characteristics of the “Also rans”* “Minimize risk” “Respect the chain of command” “Support the boss” “Make budget” *Fortune, article on “Most Admired Global Corporations”
295
Joe J. Jones 1942 – 2002 HE WOULDA DONE SOME REALLY COOL STUFF BUT … HIS BOSS WOULDN’T LET HIM!
296
39. Leaders Give … RESPECT!
297
“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
298
“It is impossible to claim that all good teachers use similar techniques: some lecture nonstop and others speak very little; some stay close to their material and others loose the imagination; some teach with the carrot and others with the stick. But in every instance, good teachers share one trait: a strong sense of personal identity infuses their work. ‘Dr. A is really there when he teaches.’ ‘Mr. B has such enthusiasm for his subject.’ ‘You can tell that this is really Prof. C’s life.’ ” Parker Palmer, The Courage to Teach
299
40. Leaders Say “ Thank You.”
300
“The deepest human need is the need to be appreciated.” William James
301
“The two most powerful things in existence: a kind word and a thoughtful gesture.” Ken Langone, CEO, Invemed Associates [from Ronna Lichtenberg, It’s Not Business, It’s Personal] Lichtenberg
302
40A. Leaders Are … Graceful.
303
“My favorite word is grace – whether it’s amazing grace, saving grace, grace under fire, Grace Kelly. How we live contributes to beauty – whether it’s how we treat other people or the environment.” Celeste Cooper, designer
304
Rodale’s on “Grace” … elegance … charm … loveliness … poetry in motion … kindliness.. benevolence … benefaction … compassion … beauty
305
41. Leaders LISTEN!
306
See Stephen! (Empathetic Listening)
307
41A. Leaders Are … Curious.
308
TP/08.2001: The Three Most Important Letters … WHY?
309
42. Leadership Is a … Performance.
310
“It is necessary for the President to be the nation’s No. 1 actor.” FDR
311
“You can’t lead a cavalry charge if you think you look funny on a horse.” —John Peers, President, Logical Machine Corporation
312
43. Leaders … Are The Brand
313
“WHO ARE YOU [these days] ?” TP to Client
314
The BRAND lives (OR DIES) in the “minutiae” of the leader’s moment- to-moment actions.
315
“You must be the change you wish to see in the world.” Gandhi
316
“We are in the twilight of a society based on data. As information and intelligence become the domain of computers, society will place more value on the one human ability that cannot be automated: emotion. Imagination, myth, ritual - the language of emotion - will affect everything from our purchasing decisions to how we work with others. Companies will thrive on the basis of their stories and myths. Companies will need to understand that their products are less important than their stories.” Rolf Jensen, Copenhagen Institute for Future Studies
317
44. Leaders … Have a GREAT STORY!
318
“A key – perhaps the key – to leadership is the effective communication of a story.” Howard Gardner Leading Minds: An Anatomy of Leadership
319
“Stories of identity – narratives that help individuals think about and feel who they are, where they come from, and where they are headed – constitute the single most powerful weapon in the leader’s arsenal.” Howard Gardner, Leading Minds: An Anatomy of Leadership
320
“Early in my career in the law I learned that … he who has the best story wins.” JQ Adams/A Hopkins to T Joadson/M Freeman
321
MB S A!* *Managing By Story-ing Around/David Armstrong
322
45. Leaders Seed & Pursue & Recognize (Weird) “Demos.”
323
“Some people look for things that went wrong and try to fix them. I look for things that went right and try to build on them.” —Bob Stone/ Mr. Rego/ Confessions of an Uncivil Servant
324
Leaders aimed on changing their world identify palpable heroes, who executed palpable projects —they point to these people and say to the masses, “See, here it is, done by one of your own.” (And then they “deep-dip” a few of those heroes to demo their seriousness.)
325
REAL Org Change: Demos & Models (“Model Installations,” “ReGo Labs”)/ Heroes (mostly extant: “burned to reinvent gov’t”)/ Stories & Storytellers (Props!)/ Chroniclers (Writers, Videographers, Pamphleteers, Etc.)/ Cheerleaders & Recognition (Pos>>Neg, Volume)/ New Language (Hot/Emotional/WOW)/ Seekers (networking mania)/ Protectors / Support Groups / End Runs—“Pull Strategy” (weird alliances, weird customers, weird suppliers, weird alumnae-JKC)/ Field “Real People” Focus (3 COs) (long way away)/ Speed (O.O.D.A. Loops—act before the “bad guys” can react) C.f., Bob Stone, Confessions of an Uncivil Servant
326
Each VP a V.C.: Portfolio of high-risk investments in people & ideas from all across the company.
327
Introspection.
328
46. Leaders … Enjoy Leading.
329
Warren’s “Whoops Moment” …
330
“Warren, I know you want to ‘be’ president. But do you want to ‘do’ president?”
331
46A. Leaders … KNOW THEMSELVES.
332
Individuals (would-be leaders) cannot engage in a liberating mutual discovery process unless they are comfortable with their own skin. (“Leaders” who are not comfortable with themselves become petty control freaks.)
333
46B. But … Leaders have MENTORS.
334
The Gospel According to TP: Upon having the Leadership Mantle placed upon thine head, thou shalt never hear the unvarnished truth again!* (*Therefore, thy needs one faithful compatriot to lay it on with no jelly.)
335
47. Leaders LAUGH!
336
47A. But … Leaders Know “It’s My Fault.”
337
You recruited ’em. You hired ’em. You trained ’em. You evaluated ’em. You “motivated” ’em.
338
47B. Leaders Don’t Scapegoat / Allow Scapegoating.
339
“When a plane crashes, they ask, ‘What happened?’ In medicine they ask: ‘Whose fault was it?’ ” — James Bagian, M.D. & former astronaut, now working with the VHA.
340
48. Leaders … Take Breaks.
341
Zombie! Zombie!
342
The End Game.
343
49. Leaders ??? :
344
“Leadership is the PROCESS of ENGAGING PEOPLE in CREATING a LEGACY of EXCELLENCE.”
345
“ ‘It’s only business, not personal’ … IT ALWAYS IS PERSONAL.”
346
“Hire smart – go bonkers – have grace – make mistakes – love technology – start all over again.”
347
“LEADERS NEED TO BE THE ROCK OF GIBRALTAR ON ROLLER BLADES”
348
Bonus: Boss Talk
349
Branding: Kevin Roberts: “The great brands have mystery and sensuality. Apple is the most sensual product since the vibrator.”/ Tina Brown: “You should be able to throw a magazine on the floor at any page and know whose magazine it is.”/
350
The Perils of “Me-too”: Stephen Hardis (Eaton): “Don’t have your resources trapped in areas that are inherently zero-sum games with a very marginal return.”/ Phil Condit (Boeing): “Just doing what your competitor does is the biggest opportunity to lose money. Douglas and Lockheed built tri-jets to the identical specs and beat each other silly.”
351
Jeff Bezos: “It’s easy to let the in- box side of your life overwhelm you, so you become a totally reactive person. The only remedy I know is to set aside some fraction of your time as your own. I use Tuesdays and Thursdays as my proactive days, when I try not to schedule meetings.”
352
Jeff Bezos: “I'm often encouraging people to go faster, even if it means a worse initial product. I want us to start learning. The cost of trying to avoid mistakes is huge in terms of speed.”
353
Robert Miller (Federal-Mogul), on Turnarounds: (1) Tell the truth. Play it straight. (2) Make decisions. Don’t study things to death. (3) Listen to your customers. They are usually more perceptive than you are about what needs to be done.
354
Juergen Schrempp/DaimlerChrysler “Digital decision making”/ “the danger of the deadly wish for harmony”
355
Boss Talk/WSJ Provide a simple, clear, exciting & energizing focus. Obsess on TALENT. Speed > Perfection. (Clarity, motivation, rapid adjustment.) Leap > Line extension. (Beware “me-too,” perfecting yesterday.) Tell the truth. Control your calendar. Get out of the office. Listen to customers face-to-face—at their place.
356
50. Leaders Know WHEN TO LEAVE!
357
Thank You !
Similar presentations
© 2024 SlidePlayer.com Inc.
All rights reserved.