Welcome to Starbucks World: An Age of Economic Survival & Value-added Based on Imagination & Emotion* (*Or: Not Your Father’s Cuppa Coffee) Tom Peters/12.14.2004.

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Presentation transcript:

Welcome to Starbucks World: An Age of Economic Survival & Value-added Based on Imagination & Emotion* (*Or: Not Your Father’s Cuppa Coffee) Tom Peters/

Re-imagine! Not Your Father’s World I.

26 m

43 h

W (460 terabytes) = 2 X I

Re-imagine! Not Your Father’s World II.

“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/ )

“We’re now entering a new phase of business where the group will be a franchising and management company where brand management is central.” —David Webster, Chairman, InterContinental Hotels Group “InterContinental will now have far more to do with brand ownership than hotel ownership.” —James Dawson of Charles Stanley (brokerage) Source: International Herald Tribune, 09.16, on the sacking of CEO Richard North, whose entire background is in finance

Re-imagine! Not Their Father’s World.

“One Singaporean worker costs as much as … 3 … in Malaysia 8 … in Thailand 13 … in China 18 … in India.” Source: The Straits Times/

“Thaksinomics” (after Thaksin Shinawatra, PM)/ “Bangkok Fashion City”: “managed asset reflation” (add to brand value of Thai textiles by demonstrating flair and design excellence) Source: The Straits Times/

Re-imagine! Not Tom Watson’s World.

“The ‘surplus society’ has a surplus of similar companies, employing similar people, with similar educational backgrounds, coming up with similar ideas, producing similar things, with similar prices and similar quality.” Kjell Nordström and Jonas Ridderstråle, Funky Business

And the “M” Stands for … ? Gerstner’s IBM: “Systems Integrator of choice.” (BW) IBM Global Services: $35B

WHAT CAN BROWN DO FOR YOU?

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

2/50 3Q04

Re-imagine! Kevin Roberts’ World.* (*As seen by Tom Peters)

Experience+ Ladder Dreams Come True Awesome Experiences Game-changing Solutions Services Goods Raw Materials

“The sun is setting on the Information Society—even before we have fully adjusted to its demands as individuals and as companies. We have lived as hunters and as farmers, we have worked in factories and now we live in an information-based society whose icon is the computer. We stand facing the fifth kind of society: the Dream Society. … Future products will have to appeal to our hearts, not to our heads. Now is the time to add emotional value to products and services.” —Rolf Jensen/The Dream Society:How the Coming Shift from Information to Imagination Will Transform Your Business

“Human creativity is the ultimate economic resource.” —Richard Florida, The Rise of the Creative Class

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.”

Yes!!!!!!!!!!!!!!!!! “free to do his or her absolute best” … “allow its members to discover their greatness.”

“Reward excellent failures. Punish mediocre successes.” Phil Daniels, Sydney exec (and, de facto, Jack)

!