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X04: Excellence Found2004! Tom Peters

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1 X04: Excellence Found2004! Tom Peters 11.02.2004

2 And the Winner is … 1. Audacity of Vision 2. Innovation/R&D/Design 3
And the Winner is … 1. Audacity of Vision 2. Innovation/R&D/Design 3. Talent Acquisition & Development 4. Resultant “Experience” 5. Strategic Alliances 6. Operations 7. Financial Management 8. Overall/Sustaining Excellence 9. “Wow!”

3 Cirque du Soleil!

4 Cirque du Soleil: Talent (12 full-time scouts, database of 20,000)
Cirque du Soleil: Talent (12 full-time scouts, database of 20,000). R&D (40% of profits; 2X avg corp). Controls (shows are profit centers; partners like Disney offset costs; $100M on $500M). Scarcity builds buzz/brand (1 new show per year. “People tell me we’re leaving money on the table by not duplicating our shows. They’re right.”—Daniel Lamarre, president). Source: “The Phantasmagoria Factory”/Business 2.0/

5 Ex2004 Cirque du Soleil Infosys Build-A-Bear Griffin Health Services Corporation

6 Infosys/Planet-warping Aspirations … “By making the Global Delivery Model both legitimate and mainstream, we have brought the battle to our territory. That is, after all, the purpose of strategy. We have become the leaders, and incumbents [IBM, Accenture] are followers, forever playing catch-up. … However, creating a new business innovation is not enough for rules to be changed. The innovation must impact clients, competitors, investors, and society. We have seen all this in spades. Clients have embraced the model and are demanding it in even greater measure. The acuteness of their circumstance, coupled with the capability and value of our solution, has made the choice not a choice. Competitors have been dragged kicking and screaming to replicate what we do. They face trauma and disruption, but the game has changed forever. Investors have grasped that this is not a passing fancy, but a potential restructuring of the way the world operates and how value will be created in the future.” —Narayana Murthy, chairman’s letter, Infosys Annual Report 2003

7 +49%/profits +52%/revenue Source: WSJ/10. 13
+49%/profits +52%/revenue Source: WSJ/ /“Infosys 2nd-Period Profit Rose Amid Demand for Outsourcing”

8 Build-A-Bear to 2004: $0 to $300M --Maxine Clark/CEO (25 yrs May Dept Stores) --Build-A-Bear Workshops --Engagement! (“Where Best Friends Are Made”) --Theater! --

9 Best Web Site? buildabear.com

10 Griffin Health Services Corporation/ Griffin Hospital/ Planetree Alliance

11 “It was the goal of the Planetree Unit to help patients not only get well faster but also to stay well longer.” —Putting Patients First, Susan Frampton, Laura Gilpin, Patrick Charmel

12 “Those of us working in healthcare have an obligation to be of service in this world, to be bringers of light and hope. Our work is spiritual by its nature, as the Planetree model has acknowledged for decades.” “Our definition of spirituality is coming into a right relationship with all that is, establishing a loving, nurturing, caring relationship. Planetree’s has been to refocus our attention on the power of relationships, and, in particular, the mind-body-spirit relationship essential to healing. It has opened a door that will never be closed.” —Leland Kaiser, “Holistic Hospitals” Source: Putting Patients First, Susan Frampton, Laura Gilpin, Patrick Charmel

13 The 9 Planetree Practices 1. The Importance of Human Interaction 2
The 9 Planetree Practices 1. The Importance of Human Interaction 2. Informing and Empowering Diverse Populations: Consumer Health Libraries and Patient Information 3. Healing Partnerships: The Importance of Including Friends and Family 4. Nutrition: The Nurturing Aspect of Food 5. Spirituality: Inner Resources for Healing 6. Human Touch: The Essentials of Communicating Caring Through Massage 7. Healing Arts: Nutrition for the Soul 8. Integrating Complementary and Alternative Practices into Conventional Care 9. Healing Environments: Architecture and Design Conducive to Health Source: Putting Patients First, Susan Frampton, Laura Gilpin, Patrick Charmel

14 “Planetree is about human beings caring for other human beings
“Planetree is about human beings caring for other human beings.” —Putting Patients First, Susan Frampton, Laura Gilpin, Patrick Charmel (“Ladies and gentlemen serving ladies and gentlemen”—4S credo)


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