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Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

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Page 1: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Tom Peters Seminar2001

Rollercoaster Days:

Learning to … Rock & Roll!

Portland/6.21.2001

Page 2: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

More at … tompeters.comSlides from this seminar;

Master Presentation, for in-depth; annotated Special Presentations

[Women Rule!, Design!, etc.].“Cool Friends” (referenced in seminar).

Discussions re this stuff.Calendar of events.

Lavender text in this file is a link.

Page 3: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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

Page 4: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

<1000A.D.: paradigm shift: 1000s of years1000: 100 years for paradigm shift

1800s: > prior 900 years1900s: 1st 20 years > 1800s

2000: 10 years for paradigm shift 21st century: 1000X tech change than 20th

century (“the ‘Singularity,’ a merger between humans and computers that is so rapid and profound it represents a rupture

in the fabric of human history”)

Ray Kurzweil, talk april2001

Page 5: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Forbes100 from 1917 to 1987: 39 members of the Class of ’17 were alive in ’87; 18 are in ’87 F100; the 18 F100 “survivors” underperformed the market by

20%; 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

Page 6: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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 7: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“We are in a

brawl with no rules.”

Paul Allaire

Page 8: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

S.A.V.

Page 9: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

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!)

Page 10: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Read It Closely: “We don’t sell

insurance anymore. We sell speed.”

Peter Lewis, Progressive

Page 11: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Structure

Part I: Brand InsidePart II: Brand Outside

Part III: Brand Leadership

Page 12: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Part I: Brand InsidePart II: Brand Outside

Part III: Brand Leadership

Page 13: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Forces @ Work I

The Destruction Imperative!

Page 14: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

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

Page 15: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“When asked to name just one big merger that had lived up to expectations, Leon

Cooperman, former cochairman of Goldman Sachs’ Investment Policy

Committee, answered: I’m sure there are success stories

out there, but at this moment I draw a blank.”

Mark Sirower, The Synergy Trap

Page 16: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Acquisitions are about buying market share.

Our challenge is to create markets. There is a big difference.”

Peter Job, CEO, Reuters

Page 17: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Our ideal acquisition is a small startup that has a great technology product on the drawing board that is going to come out in six to twelve months.

We buy the engineers and the next generation product. …”

John Chambers, Cisco

Page 18: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Lessons from the Bees!

“Since merger mania is now the rage, what lessons can the bees teach us? A simple one: Merging is not in

nature. [Nature’s] process is the exact opposite: one of growth, fragmentation and dispersal. There is no

megalomania, no merging for merging’s sake. The point is that unlike corporations, which just get bigger, bee colonies know when the time has come to split up into

smaller colonies which can grow value faster. What the bees are telling us is that the corporate

world has got it all wrong.”David Lascelles, Co-director of The Centre for the

Study of Financial Innovation [UK]

Page 19: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“The corporation as we know it, which is now 120 years old, is

not likely to survive the next 25 years. Legally and

financially, yes, but not structurally and economically.”

Peter Drucker, Business 2.0 (08.00)

Page 20: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Built to Last v. Built to Flip

“The problem with Built to Last is that it’s a romantic notion. Large companies are

incapable of ongoing innovation, of ongoing flexibility. Increasingly, successful businesses will be

ephemeral. They will be built to yield something of value – and once that

value has been exhausted, they will vanish.”Fast Company (03-00)

Page 21: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

The Gales of Creative Destruction

+29M = -44M + 73M

+4M = +4M - 0M

Page 22: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

The [New] Ge Way

DYB.com

Page 23: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Inside

Brand Org: Lean, Linked,

Internet-driven, Virtual

Page 24: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Headline: “Bank of America to Cut … 10,000 Jobs”

“Middle-level and senior managers are expected to be

the principal targets of the job cutbacks.”

Source: The New York Times (07.29.2000)

Page 25: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

White Collar

Revolution!

Page 26: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

108 X 5vs.

8 X 1= 540 vs. 8 (-98.5%)

Page 27: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

The Pincer 5

“Destructive” entrepreneurs/ Global Competition

“White Collar Robots”

THE INTERNET! [E.g.: GM + Ford + DaimlerChrysler]

Global Outsourcing [E.g.: India, Mexico]

Speed!!

Page 28: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“A bureaucrat is an expensive

microchip.”Dan Sullivan, consultant and

executive coach

Page 29: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Automation+

75% of what we do: 40 “expert” decision rules!

Page 30: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

IBM’s Project eLiza!

Page 31: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

The Pincer 5

“Destructive” entrepreneurs/ Global Competition

“White Collar Robots”

THE INTERNET! [E.g.: GM + Ford + DaimlerChrysler]

Global Outsourcing [E.g.: India, Mexico]

Speed!!

Page 32: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Assetless Company”

John Bryan, CEO, on selling all Sara Lee’s manufacturing

Page 33: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Don’t own nothin’ if you can help it. If you can, rent your

shoes.”F.G.

Page 34: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Inside

Brand Work: The Professional Service

Firm Model & The WOW Project

Page 35: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

So what will be the Basic Building

Block of the New Org?

Page 36: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Every job done in W.C.W. is

also done “outside”

…for profit!

Page 37: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Answer: PSF![Professional Service Firm]

Department Head

to …

Managing Partner, HR [IS, etc.] Inc.

Page 38: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

11 September 2000

Page 39: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

09.11.2000: HP bids

$18,000,000,000for

PricewaterhouseCoopersConsulting business!

Page 40: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

[“These days, building the best server isn’t enough. That’s the

price of entry.”

Ann Livermore, Hewlett-Packard]

Page 41: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

HP … Sun … GE … IBM … UPS … UTC …

General Mills … Springs … Anheuser-Busch …

Carpet One … Etc. … Etc.

Page 42: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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)

Page 43: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“ ‘Architecture’ is becoming a commodity.

Winners will be ‘Turnkey Facilities Management’

providers.”SMPS Exec

Page 44: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

eHR*/PCC***All HR on the Web

**Productivity Consulting Center

Source: E-HR: A Walk through a 21st Century HR Department, John Sullivan, IHRIM

Page 45: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

100% goes on the Web.

Non-awesome is outsourced.

Centers of Excellence are leveraged to the hilt!

Page 46: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Maybe one [or more] of your “PSFs” becomes the tail that wags the

dog called Market Cap????? [E.g.: engineering-

IS-logistics-customer service]

Page 47: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

The Raw Material …

The WOW Project!

Page 48: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Reward excellent failures. Punish

mediocre successes.”

Phil Daniels, Sydney exec

Page 49: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Learn not to be careful.”

Photographer Diane Arbus to her students (Careful = The sidelines,

per Harriet Rubin in The Princessa)

Page 50: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Words: WOW! Insanely great! BHAG (Big Hairy

Audacious Goal). Make Something Great.

Astonish Me. Make It Immortal.

Page 51: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message/Query: Are Your Projects as “Mad” as

the Mad Times Demand?

Page 52: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message/Query: Do You Understand the Full

Potential of Your “Business”/PSF?

Page 53: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Inside

Brand You: Distinct …

or Extinct

Page 54: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“New Economy changes how

firms treat layoffs”

Headline, USA Today (03.19.2001)

Page 55: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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 56: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Minimum New Work SurvivalSkillsKit2001

MasteryRolodex Obsession (vert. to horiz. “loyalty”)

Entrepreneurial InstinctCEO/Leader/Businessperson/Closer

Mistress of ImprovSense of Humor

Intense Appetite for TechnologyGroveling Before the Young

Embracing “Marketing”Passion for Renewal

Page 57: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“You must realize that how you invest your human capital matters as much as how you

invest your financial capital. Its rate of return determines your future options. Take a job for what it teaches you, not for what it pays. Instead of a potential employer asking, ‘Where do you see yourself in 5 years?’

you’ll ask, ‘If I invest my mental assets with you for 5 years, how much will they

appreciate? How much will my portfolio of career options grow?’ ”

Stan Davis & Christopher Meyer, futureWEALTH

Page 58: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Invent. Reinvent. Repeat.

Source: HP banner ad

Page 59: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Inside

Brand Action:Getting Started … a

Personal Perspective

Page 60: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

The following slide begins the “Boss-Free Implementation of

Stuff That Matters” Section. The slides in this section are heavily

annotated.

Use Normal or Notes Page View to access the notes.

Page 61: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Topic: Boss-free

Implementation of STM /Stuff That

MATTERS!

Page 62: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

World’s Biggest Waste …

Selling “Up”

Page 63: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

THE IDEA: Model F4

Find a Fellow

Freak Faraway

Page 64: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Heart of the Matter

F2F!/K2K!/1@T/R.F!A.*

*Freak to Freak/Kook to Kook/One at a Time/ Ready.Fire!Aim.

Page 65: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

THE NUGGET

Do Something. Do Anything.

Get Going.Now.

Page 66: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Opportunity ALWAYS Knocks

VFCJ* “Strategy”

*Volunteer For Crappy Jobs

Page 67: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Is It …

“The Oh-Hell-I-Wish-It-Were-Over Memorial Day picnic”

or

“The First Annual Seriously

Kewl Celebration of Our Incredible Staff”

Page 68: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Is It …

Wrestle the damn Safety Manual into line with the ridiculous new OSHA Regs?

Or …

A stealth opportunity to address the War for Talent via … a thoroughgoing review

of how safety and environmental issues contribute to making this a

Great Place to Work?

Page 69: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Reframers’ Rules:

Rule 1: Never accept an

assignment as given! (Please.)

Rule 2: You’re never so powerful as when you are “powerless”!

Rule 3: Every “small” project contains the entire

enterprise DNA!

Page 70: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

THE SOFT STUFF

Connect!

Page 71: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message: It’s Community

Organizing, stupid!

See: Saul Alinsky’s Rules for Radicals

Page 72: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message to “scientists”: It AIN’T about the science. It’s

NEVER about the science. It’s ALWAYS

about the PASSION for the IDEA.

Page 73: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Politics Rules!

Page 74: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Project Team Golden Leadership Triangle

(1) Champion-Maniac. (2) Implementer-Pol.

(3) Schedule & Budgets Fanatic.

Page 75: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

BOTTOM LINE

The Enemy!

Page 76: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Joe J. Jones Joe J. Jones 1942 – 2001 1942 – 2001

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!

Page 77: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

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 78: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Characteristics of the “Also rans”*

“Minimize risk”“Respect the chain of

command”“Support the boss”

“Make budget”

*Fortune, article on “Most Admired Global Corporations”

Page 79: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“The Main crisis in school today is

irrelevance.”

Daniel Pink, Free Agent Nation

Page 80: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Our education system is a second-rate, factory-style organization, pumping out

obsolete information in obsolete ways. [Schools] are simply not

connected to the future of the kids they’re responsible for.”

Alvin Toffler, Business 2.0 (09.00)

Page 81: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Schools were designed by Horace Mann, E.I. Thorndike, and others to be instruments of the scientific management of a mass population. Schools are intended to produce, through the

application of formulas, formulaic human beings whose behavior can be predicted and controlled. To a very great extent, schools succeed in doing

this. Bu in a society that is increasingly fragmented, in which the only genuinely

successful people are independent, self-reliant, and individualistic, he products of school and

‘schooling’ are irrelevant.”

A Different Kind of Teacher, John Taylor Gatto

Page 82: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Inside

Brand Talent: The Great War for Talent

Page 83: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

The Case

Page 84: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“When land was the scarce resource, nations battled

over it. The same is happening now for talented people.”

Stan Davis & Christopher Meyer, futureWEALTH

Page 85: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“We have transitioned from an asset-based strategy

to a talent-based strategy.”

Jeff Skilling, CEO, Enron

Page 86: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

The Talent Ten

Page 87: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

1. Obsession

P.O.T.* = All Consuming

*Pursuit of Talent

Page 88: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

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)

Page 89: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Model 24/7: Sports Franchise GM

Page 90: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

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.

Page 91: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

2. Greatness

Only The Best!

Page 92: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Home Depot: 7 new growth initiatives ($20B to $100B in 5-7 years)

Arthur Blank: BEST PERSON IN THE WORLD TO HEAD

EACH INITIATIVEE.g.: COO of IKEA to head

international expansion

Ed Michaels, War for Talent (05.17.00)

Page 93: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

3. Performance

Up or out!

Page 94: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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 (05.17.00)

Page 95: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message: Some people are better than other

people. Some people are a helluva lot better than other

people.

Page 96: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

4. Pay

Fork Over!

Page 97: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Top performing companies are two to four times more likely

than the rest to pay what it takes to prevent losing

top performers.”

Ed Michaels, War for Talent (05.17.00)

Page 98: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

So-so plant manager, $1M per year. Pay: $110,000 plus $60,000. Top plant manager,

$3-4M per year. Pay: $135,000 plus $90,000. Net:

$2-3M for $50K.

Source: Ed Michaels et al., The War for Talent, re Georgia-Pacific

Page 99: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

What gets measured gets done. What gets

paid for gets done more. What gets paid

a lot for gets done a lot more.

Page 100: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

5. Youth

Grovel Before the Young!

Page 101: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Talented people are less likely to wait their turn. We used to

view young people as trainees; now they are authorities. Arguably

this is the first time the older generation can – and must – leverage the younger generation very early in their careers.”

Ed Michaels, War for Talent (05.17.00)

Page 102: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Enron

COO: Louise Kitchen, F, 29; created

EnronOnline as “Skunk Works”

Page 103: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

6. Diversity

Mess Rules!

Page 104: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Diversity defines the health and wealth of nations in a new century.

Mighty is the mongrel. … The hybrid is hip. The impure, the mélange, the adulterated, the

blemished, the rough, the black-and-blue, the mix-and-match – these people are inheriting

the earth. Mixing is the new norm. Mixing trumps isolation. It spawns creativity,

nourishes the human spirit, spurs economic growth

and empowers nations.”

G. Pascal Zachary, The Global Me: New Cosmopolitans and the Competitive Edge

Page 105: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

7. Women

Born to Lead!

Page 106: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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

Page 107: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

The New Economy …

Shout goodbye to “command and control”!

Shout goodbye to hierarchy!

Shout goodbye to “knowing one’s place”!

Page 108: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Women’s Stuff = New Economy Match

Improv skillsRelationship-centric

Less “rank consciousness”Self determinedTrust sensitive

IntuitiveNatural “empowerment freaks” [less

threatened by strong people]Intrinsic [motivation] > Extrinsic

Page 109: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Women’s Strengths: Link [rather than rank] workers; favor interactive-collaborative

leadership style [empowerment > top-down decision making]; sustain fruitful collaborations;

comfortable with sharing information; see redistribution of power as victory, not surrender;

favor multi-dimensional feedback; value interpersonal & technical skills, group &

individual 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

Page 110: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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 111: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Investors are looking more and more for a relationship with their

financial advisers. They want someone they can trust, someone who listens. In my experience, in general, women may be better at these relationship-building skills

than are men.”

Hardwick Simmons, CEO, Prudential Securities

Page 112: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Boys are trained in a way that will make

them irrelevant.”

Phil Slater

Page 113: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

It’s Girls, Stupid!

1996: 8.4M women, 6.7M men in college (est: 9.2 to 6.9 in 2007); more women than men in

high-level math and science courses

More girls in student govt., honor societies; girls read more books, outperform boys in artistic and musical ability, study abroad in

higher numbers

Boys do rule: crime, alcohol, drugs, failure to do homework (4:1)

Source: The Atlantic Monthly (May2000)

Page 114: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Okay, you think I’ve gone tooooo far.

How about this: DO ANY OF YOU SUFFER

FROM TOO MUCH TALENT?

Page 115: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

63 of 2,500 top earners in F500

8% Big 5 partners

14% partners at top 250 law firms

43% new med students; 26% med

faculty; 7% deans

Source: Susan Estrich, Sex and Power

Page 116: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

8. Weird

The Cracked Ones Let in the Light!

Page 117: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

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

Page 118: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Axiom: Never hire anyone without an aberration in their

background!

Page 119: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Are there enough weird people in

the lab these days?”V.Chmn., pharmaceutical house, to a lab director (06.01)

Page 120: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Would Craig Venter (Luciano Benneton)

come to work for us?

Page 121: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

9. Opportunity

Make It an Adventure!

Page 122: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Firms will not ‘manage the careers’ of their employees. They

will provide opportunities to enable the employee to develop

identity and adaptability and

thus be in charge of his or her own career.”

Tim Hall et al., “The New Protean Career Contract”

Page 123: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“H.R.” to “H.E.D.” ???

Human

Enablement

Department

Page 124: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

10. Leading Genius

We are all unique!

Page 125: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Beware Lurking HR Types … One size

NEVER fits all. One size fits one. Period.

Page 126: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

48 Players = 48 Projects =

48 different success measures

Page 127: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Why Don’t Most Biz Mgrs. Think This Way?

“Coaching is winning players over.” *

Phil Jackson

*Not: “planning,” “implementing,” “clear communication,” “getting the org chart right.”

Page 128: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

ObsessionGreatness

PerformancePay

Youth DiversityWomenWeird

OpportunityLeading Genius

Page 129: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

MantraM3

Talent = Brand

Page 130: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

What’s your company’s …

EVP?Employee Value Proposition, per Ed Michaels et al., The War for Talent

Page 131: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

EVP = Challenge, professional growth, respect, satisfaction, opportunity, reward

Source: Ed Michaels et al., The War for Talent

Page 132: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

HR Folks: YOU – not

“marketing” - “OWN” THE “BRAND PROMISE”!

(If you wish.)

Page 133: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Titles!

Manager HRIS to Manager Human Capital

Assets or Manager Employee Marketing*

*IHRIM.link (2-3.2001)

Page 134: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand InsideReprise:

THINK WEIRD: The High Standard

Deviation Enterprise

Page 135: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Saviors-in-Waiting

Disgruntled CustomersFringe CompetitorsRogue Employees

Edge SuppliersWayne Burkan, Wide Angle Vision: Beat the

Competition by Focusing on Fringe Competitors, Lost Customers, and Rogue

Employees

Page 136: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Corporate consciousness is predictably centered around the

mainstream. The best customers, biggest competitors, and model

employees are almost invariably the focus of attention.”

Wayne Burkan, Wide Angle Vision: Beat the Competition by Focusing on Fringe Competitors,

Lost Customers, and Rogue Employees

Page 137: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Button-down Org H.S.D.E. .

• Acquire for market share• Suck up to biggest customers• Pursue “strategic vendors”• Bigger is better• Accept assignments as given• Hire 4.0s from “top schools”• Promote when they’ve “paid

their dues”• Appoint a “prestigious” board

• Hang out with my pals• R.A.F.• Be “professional” at all

times/Honor thine elders

• Acquire for innovation• Partner with cool customers• Seek out pioneering vendors• Break it up … to refresh• Reframe all tasks to innovate• Hire “intriguing,” wherever• Promote tomorrow if the work

product is weird and WOW• Appoint an interesting,

headstrong board• Take a freak to lunch today• F.F.F.• Stay loose, stay cool/The hell

with thine elders

Page 138: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“But don’t we need some

grout between the tiles?”

Page 139: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Our Journey

Page 140: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Part I: Brand InsidePart II: Brand Outside

Part III: Brand Leadership

Page 141: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Forces @ Work I

The Destruction Imperative!

Page 142: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Inside

Brand Org: Lean, Linked,

Internet-driven, Virtual

Page 143: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Inside

Brand Work: The Professional Service

Firm Model & The WOW Project

Page 144: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Inside

Brand You: Distinct …

or Extinct

Page 145: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Inside

Brand Action:Getting Started … a

Personal Perspective

Page 146: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Inside

Brand Talent: The Great War for Talent

Page 147: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand InsideReprise:

THINK WEIRD: The High Standard

Deviation Enterprise

Page 148: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Part I: Brand InsidePart II: Brand Outside

Part III: Brand Leadership

Page 149: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Forces @ Work II

The Sameness Trap

Page 150: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Quality Not Enough!

“While everything may be better, it is also increasingly the

same.”Paul Goldberger on retail, “The Sameness

of Things,” The New York Times

Page 151: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“We make over three new product announcements a

day. Can you remember them?

Our customers can’t!”Carly Fiorina

Page 152: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“The ‘surplus society’ has a surplus of

similar companies, employing

similar people, with similar educational backgrounds, working in

similar jobs, coming up with similar

ideas, producing similar things, with

similar prices and similar quality.”

Kjell Nordstrom and Jonas Ridderstrale, Funky Business

Page 153: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Companies have defined so much ‘best practice’

that they are now more or less identical.”

Jesper Kunde, A Unique Moment

Page 154: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

10X/10X

Page 155: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 1:Use E-Commerce to

Re-invent Everything!

Page 156: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

OVERVIEW

Page 157: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Cisco!

90% of $20B (=$50M/day)Annual savings in service

and support from customer self-management: $550M

Page 158: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

1400X*

*Enron/Price a structured trade: 30 per day (’99); 30 per minute (’00)

Page 159: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

COMMUNITY SERVICES!

Page 160: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Secret Cisco: Community!

C.Sat e >> C.Sat H

Customer Engineer Chat Rooms/Collaborative

Design ($1B “free” consulting) (45,000 customer problems a week solved via

customer collaboration)

Page 161: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Welcome to D.I.Y. Nation: “Changes in business processes will emphasize self service. Your costs as a business

go down and perceived service goes up because

customers are conducting it themselves.” Ray Lane, Oracle

Page 162: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Anne Busquet/ American Express

Not: “Age of the Internet”

Is: “Age of Customer Control”

Page 163: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“The Age of the

Never Satisfied Customer”

Regis McKenna

Page 164: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

RADICAL STRATEGIES

REQUIRED

Page 165: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

WebWorld = Everything

Web as a way to run your business’ innardsWeb 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 LifeWeb = Everything (P.D. to after-sales)

Web forces you to focus on what you do bestWeb as entrée, at any size, to World’s Best at Everything

as next door neighbor

Page 166: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message: eCommerce is not a technology play! It is a

relationship, partnership, organizational and

communications play, made possible by new

technologies.

Page 167: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message: There is no such thing as an effective B2B or

Internet-supply chain strategy in a low-trust,

bottlenecked-communication, six-layer

organization.

Page 168: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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

Page 169: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

A DREAMER’S MEDIUM!

Page 170: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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

Page 171: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

I’net …

… allows you to dream dreams

you could never have dreamed

before!

Page 172: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 1A:Healthcare et al.:

Embracing ane-Led Age of

Self-Determination

Page 173: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“The Web enables total transparency. People with

access to relevant information are beginning to challenge any type of

authority. The stupid, loyal and humble customer, employee, patient

or citizen is dead.”

Kjell Nordstrom and Jonas Ridderstrale, Funky Business

Page 174: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Impact #1(?):

Healthcare

Page 175: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

HealthCare2001

Consumerism X Demographics X

IS/Internet X Info Consolidators X Genetics & Devices

= YIKES!

Page 176: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

1. Consumerism (Patient-centric Healthcare)

Page 177: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“A seismic shift is underway in healthcare. The Internet is

delivering vast knowledge and new choices to consumers—raising their

expectations and, in many cases, handing them the controls.

[Healthcare] consumers are driving radical, fundamental change.”

Deloitte Research, “Winning the Loyalty of the eHealth Consumer”

Page 178: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Consumer Imperatives

ChoiceControl (Self-care, Self-management)

Shared Medical Decision-makingCustomer Service

InformationBranding

Source: Institute for the Future

Page 179: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“No one currently ‘owns’ the eHealth Consumer. It’s an

open playing field.”Deloitte Research, “Winning the Loyalty

of the eHealth Consumer”

Page 180: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“We find that eHealth consumers are willing to

pay – and even switch health plans – for the services they

most want.”Deloitte Research, “Winning the Loyalty

of the eHealth Consumer”

Page 181: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Savior for the Sick”

vs.

“Partner for Good Health”

Source: NPR 08.15.00

Page 182: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message: Patients aren’t.

Consumers [will] rule.

Page 183: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

2. Demographics: The BOOMERS Reach 55!

Page 184: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Boomer World

“From jogging to plastic surgery, from vegetarian diets

to Viagra, they are fighting to preserve their youth and

defy the effects of gravity.”M.W.C. Howgill, “Healthcare Consumerism, the

Information Revolution and Branding”

Page 185: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message Boomer: (1) “There are

l-o-t-s of us.” (2) “We have

the $$$$$$. (3) “We’re/I’m in charge!” (4) “We’ll take no

guff from from anyone.”

(5) “We know the emperor has no clothes.”

Page 186: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

3. The IS/Web REVOLUTION

Page 187: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Info Revolution

Consumerism (research, consultation, B2C, etc.)

Clinical Info Systems (guidelines and outcome measurement, etc.)

100% Web-based (internal) SystemsElectronic Medical Records

Patient-physician email-consultationTelehealth-Remote Monitoring

(biosensors, home testing, etc.)

Telemedicine (consultation, invasive treatment, “global medical village,” etc.)

Page 188: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“We’re in the Internet age, and the average

patient can’t email their doctor.”

Donald Berwick, Harvard Med School

Page 189: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Henry Lowe, U. of Pitt. School of

Medicine: “Broadband, Internet-based,

‘multimedia’ electronic medical

records”

Page 190: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Without being disrespectful, I consider the U.S. healthcare

delivery system the largest cottage industry in the world. There are

virtually no performance measurements and no

standards. Trying to measure performance … is the next revolution in healthcare.”

Richard Huber, former CEO, Aetna

Page 191: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Practice variation is not caused by ‘bad’ or ‘ignorant’ doctors. Rather, it is a natural

consequence of a system that systematically tracks neither its processes nor its outcomes,

preferring to presume that good facilities, good intentions and good training lead automatically

to good results. Providers remain more comfortable with the habits of a guild, where

each craftsman trusts his fellows, than with the demands of the information age.”

Michael Millenson, Demanding Medical Excellence

Page 192: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“A healthcare delivery system characterized by idiosyncratic

and often ill-informed judgments must be restructured

according to evidence-based medical practice.”Demanding Medical Excellence: Doctors and

Accountability in the Information Age, Michael Millenson

Page 193: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“As unsettling as the prevalence of inappropriate care is the enormous amount of

what can only be called ignorant care. A surprising 85% of everyday medical

treatments have never been scientifically validated. … For instance, when family

practitioners in Washington were queried about treating a simple urinary tract infection, 82

physicians came up with an extraordinary 137 strategies.”

Demanding Medical Excellence: Doctors and Accountability in the Information Age, Michael Millenson

Page 194: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

CDC 1998: 90,000 killed and 2,000,000 injured

from nosocomial [hospital-caused] drug

errors & infections

Page 195: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Patient by patient, problem by problem—drug reactions, hospital

caused infections—Salt Lake City’s LDS Hospital has attacked treatment-

caused injuries and deaths. One of the secrets of LDS’s success is a custom-

built clinical computer system that may serve as a national model for how

to save patient lives.”Demanding Medical Excellence: Doctors and Accountability

in the Information Age, Michael Millenson

Page 196: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message: (1) Effective &

encompassing use of IT is the healthcare revolution. (2) Get on

all-the-way on board or get discarded. (3) The situation as

it stands is pathetic.

Page 197: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

4. The “Consolidators”

Page 198: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

WebMD (or heirs

& assigns)

Page 199: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“America has twice as many hospitals and physicians as

it needs.”Med Inc., Sandy Lutz, Woodrin Grossman

& John Bigalke

Page 200: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message: Somebody is

gonna get this right!

Page 201: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

5. Genetics & Devices

Page 202: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Genetics & Devices

Pharmacogenomics (“mini”busters, rational drug design, personalized medicine,

gene therapy, vaccines--20% to 50% prescriptions not work)

Neural Stem Cells

Minimally invasive surgeryAdvanced imaging

Page 203: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Pharmacogenomics: End of Blockbusters by End-of-Decade (Reuters/5-22)

Barrie James, Pharma Strategy Consulting: “We’re moving from a blunderbuss approach to laser-

guided munitions, and it marks a sea change for the industry. The implications for existing

business models are devastating.” Allen Roses, SVP Genetic Research, GlaxoSmithKline:

“minibuster.” Rob Arnold, Euro head of life sciences, PWC: “Once you start dealing with minority

treatments, small biotechs who are more nimble and don’t need $500-million-a-year drugs to make

money could be at a real advantage.”

Page 204: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“BIG DRUG MAKERS TRY TO POSTPONE

CUSTOM REGIMENS. Most drugs don’t work well for about half the patients for whom they are

prescribed, and experts believe genetic differences are part of the reason. The

technology for genetic testing is now in use,. But the technique threatens to be so disruptive to the

business of big drug companies—it could limit the market for some of their blockbuster

products—that many of them are resisting its widespread use.”

The Wall Street Journal (06.18.2001)

Page 205: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Genetics & Devices

Pharmacogenomics (“mini”busters, rational drug design, personalized medicine,

gene therapy, vaccines--20% to 50% prescriptions not work)

Neural Stem Cells

Minimally invasive surgeryAdvanced imaging

Page 206: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Imagine the day that your surgeon performs your heart bypass sitting at a computer thousands of miles from the

operating table. That day may come sooner than you think.”

Newsweek (06.25.01)

Page 207: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“There is no question in my mind that the future of heart

surgery is in robotics.”

Dr. Robert Michler, OSU Med Center, upon the FDA’s approval of robotic partial-

bypass surgery

Page 208: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message pharacogenomics:

(1) There is a drug revolution

coming. Pretty damn fast. (2) My

bet: Most Big Pharma will get run over!

Page 209: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message Summary: (1) An unparalleled time for

imagination and bold action. (2) A time of unprecedented

opportunities. (3) A time

of unprecedented risk.

Page 210: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 2A:

Women Rule!

Page 211: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

?????????

Home Furnishings … 94%Vacations … 92%

Houses … 91%Consumer Electronics … 51%

Cars … 60% (90%)All consumer purchases … 83%

Bank Account … 89%Health Care … 80%

Page 212: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

????

80%

Page 213: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Riding Lawnmowers

Page 214: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

2/3rds working women/50+% working wives > 50%

80% checks61% bills

53% stock (mutual fund boom)

43% > $500K95% financial decisions/

29% single handed

Page 215: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Women … 50+% of Web users; 6 of 10 new users; 83% of wired women are primary decision makers for family

healthcare, finances, education.

Source: Business Week; Jupiter Communications

Page 216: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

$4.8T > Japan

9M/27.5M/$3.6T > Germany

Page 217: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

New golfers … 37%Basketball … 13.5M

1 in 27 (’70) … 1 in 3 (’96)

Page 218: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

1874?

Page 219: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

1874 … Jock Strap1977 … Jogbra

1977 ... 25K

1996 … 42M

Page 220: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Yeow!

1970 … 1%

2002 … 50%

Page 221: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

OPPORTUNITY

NO. 1!*[* No shit!]

Page 222: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Carol Gilligan/ In a Different Voice

Men: Get away from authority, familyWomen: Connect

Men: Self-orientedWomen: Other-oriented

Men: RightsWomen: Responsibilities

Page 223: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

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.”

Page 224: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Men seem like loose cannons. Men always move faster through a store’s

aisles. Men spend less time looking. They usually don’t like asking where things are.

You’ll see a man move impatiently through a store to the section he wants,

pick something up, and then, almost abruptly he’s ready to buy. … For a

man, ignoring the price tag is almost a sign of virility.”

Paco Underhill, Why We Buy* (*Buy this book!)

Page 225: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Women and Healthcare

Women are … more dissatisfied, frustrated by the way they are treated and spoken down to by physicians, seek more information, are more pressed for

time … and make 75% of health care decisions and control 2/3 of health care $

$$$ [and constitute 2/3 of health care employees].

Source: Patricia Braus, Marketing Healthcare to Women

Page 226: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Women and Financial Advisors

Women want … a plan, to be listened to, to be taken seriously, to read about it, to think about it.

Women do not want … an in-your-face sales pitch

Source: Kathleen Boyle, Wheat Boyle Butcher Singer

Page 227: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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)

Page 228: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Value Line: Top State* Investment Clubs 2000

8 … All male19 … Coed

22 … All FEMALE

* VT & Maine not included; D.C. included

Page 229: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

JBQ: Stop Treating Women Investors Like Idiots!

“Why all this focus on women and our lack of investment guts? A far greater problem, it seems to

me, is trigger-happy speculation, mostly by men. The kind of guys whose family savings went south

with the dot-coms. Imagine a list of their money mistakes: Shoot from the hip. Overtrade their

accounts. Believe they’re smarter than the market. Think with their mouse rather than their brain.

Praise their own genius when stocks go up. Hide their mistakes from their wives.”

Source: Newsweek 01.08.01

Page 230: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Marketing to Women: Help Them Save Time!

80% … work86% … cook

58% … run errands with kids38% … take child to school

21% … go to the gym21% … take outside classes

Page 231: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

How Many Gigs You Got, Man?

“Hard to believe … Different criteria”

“Every research study we’ve done indicates that women really care about the relationship with their

vendor.”

Robin Sternbergh/ IBM

Page 232: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Read This Book …

EVEolution: The Eight Truths of Marketing to Women

Faith Popcorn & Lys Marigold

Page 233: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

EVEolution: Truth No. 1

Connecting Your Female Consumers to Each

Other Connects Them to Your Brand

Page 234: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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

Page 235: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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

Page 236: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

[“I only really understand myself, what I’m really thinking and feeling, when I’ve talked it over with my circle of female

friends. When days go by without that connection, I feel

like a radio playing in an empty room.”

Anna Quindlen]

Page 237: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

What If …

“What if ExxonMobil or Shell dipped into their credit card database to help commuting women

interview and make a choice of car pool partners?”

“What if American Express made a concerted effort to connect up female empty-nesters

through on-line and off-line programs, geared to help women re-enter the workforce with today’s

skills?”

EVEolution

Page 238: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Women don’t buy

brands. They join them.”

Faith Popcorn, EVEolution

Page 239: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Not!!

“Year of the Woman”

Page 240: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Enterprise Reinvention!

RecruitingHiring/Rewarding/Promoting

Structure Processes

MeasurementStrategyCulture Vision

Leadership

THE BRAND ITSELF!

Page 241: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Honey, are you sure you have

the kind of money it takes to

be looking at a car like this?”

Page 242: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

THIS JUST MIGHT BE THE BIGGEST

“THING” IN THIS SEMINAR.

[PLEASE: THINK ABOUT IT!]

Page 243: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Psssst! Wanna see my “porn” collection?

Page 244: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

27 March 2000: email to TP from Shelley Rae Norbeck

“I make 1/3rd more money than my husband does. I have as much financial

‘pull’ in the relationship as he does. I’d say this is also true of most of my women

friends. Someone should wake up, smell the coffee and kiss our asses long enough

to sell us something! We have money to

spend and nobody wants it!”

Page 245: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

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 Altan … THIS IS EVEN BIGGER THAN THE

INTERNET!

Tom Peters

Page 246: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“If we are single, they say we couldn’t catch a man. If we are

married, they say we are neglecting him. If we are divorced,

they say we couldn’t keep him. If we are widowed, they say we

killed him.”

Kathleen Brown, on the joys of female political candidacy

Page 247: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Ad from Furniture /Today (04.01):“MEET WITH THE EXPERTS!: How

Retailing’s Most Successful Stay that Way”

Presenting Experts: M = 16;

F = ??(272?)

Page 248: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

0

Page 249: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 2B:

Welcome to “Old World”!

Page 250: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“ ‘Age Power’ will rule the 21st century, and we are woefully

unprepared.”Ken Dychtwald, Age Power: How the 21st

Century Will Be Ruled by the New Old

Page 251: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Subject: Marketers & Stupidity

“It’s 18-44, stupid!”

Page 252: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Subject: Marketers & Stupidity

Or is it: “18-44 is stupid,

stupid!”

Page 253: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

2000-2010 Stats

18-44: -1%

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

Page 254: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

[ Member Growth: 1987 – 1997

18 – 34: 26%35 – 49: 63%

50+: 118%Source: IHRSA]

Page 255: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Aging/“Elderly”

$$$$$$$$$$$$“I’m in charge!”

Page 256: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

50+

$7T wealth (70%)/$2T annual income50% all discretionary spending

79% own homes/40M credit card users41% new cars/48% luxury

$610B healthcare spending/74% prescription drugs

5% of advertising targetsKen Dychtwald, Age Power: How the 21st

Century Will Be Ruled by the New Old

Page 257: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“NOT ACTING THEIR AGE: As Baby Boomers

Zoom into Retirement, Will America Ever Be the

Same?”USN&WR Cover/06.01

Page 258: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message: WHAT AN [overlooked] OPPORTUNITY!

Page 259: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 2C:

Welcome to “Green World”!

Page 260: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

And #3: GREEN?????: 50% to 36%: Protect Environment >

Economic Growth.

58% to 34%: Protect Plants & Animals > Preserve Private

Property Rights.

Page 261: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

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

Page 262: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

No: “Target Marketing”

Yes: “Target

Innovation” & “Target Delivery Systems”

Page 263: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 3A:

Design Matters!

Page 264: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

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

Page 265: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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

Page 266: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Unconventional [Design] Messages

Not about ... “Lumpy Objects”!

Not about ... $79,000 objects

Page 267: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

The I.D. [International Design] Forty*

Airstream … Alfred A. Knopf … Apple Computer … Amazon.com …

Bloomberg … Caterpillar … CNN … Disney … FedEx … Gillette … IBM … Martha Stewart … New Balance …

Nickelodeon … Patagonia … The New York Yankees … 3M … Etc.

* List No. 1, 1999

Page 268: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Unconventional [Design] Messages

Not about ... “Lumpy Objects”!

Not about ... $79,000 objects

Page 269: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Design Transforms even the [Biggest] Corporations!

TARGET … “the champion of America’s new design democracy” (Time) “Marketer of the Year 2000”

(Advertising Age)

Page 270: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Design “is” … WHAT & WHY I LOVE.

LOVE.

Page 271: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

I LOVE my ZYLISS Garlic Peeler!

Page 272: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Design “is” … WHY I

GET MAD. MAD.

Page 273: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Wanted: Dead [preferably] or Alive: THE DESIGNER OF MY RADIO SHACK

PHONE. Major Reward!

Page 274: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Design is never neutral.

Page 275: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Hypothesis: DESIGN is the principal difference

between love and hate!

Page 276: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

THE BASE CASE: I am a design fanatic. Personally, though not “artistic,” I’m a cool-stuff guy. I love what

I love and I hate what I hate. [Openly.] 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 “one of those things” …

that damn few companies put – consistently – on the front burner.

Page 277: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message:“Services” are Not Intangible!

You “give off” hundreds of design cues … daily!

YOU ARE A DESIGNER!

Page 278: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

First Steps: “Beauty Contest”!

• Select one form/document: invoice, air bill, sick leave policy, customer returns-claim form

• Rate the selected doc on a scale of 1 to 10 [1 = Bureaucratica Obscuranta/ Sucks; 10 = Work of Art] on three dimensions: Beauty, Grace, Clarity

• Re-invent!• Repeat, with a new selection, every 15

working days.

Page 279: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Pursue radical

simplicity!

Page 280: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

The Complexity Conundrum

Complex problems call for complex systems. (True.)

Complexifiers take refuge behind complex systems. (Complexifiers complexify complex systems.)

Those who make the history books are simplifiers. (E.g., Gordon Bell: 500 v. 50.)

If you can’t explain it in one page, it ain’t worth explaining.

Page 281: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Compare 10 order forms or data fields at a Web site.

Save great and awful junk mail.

Go on a <$10 shopping spree.

Pay attention to signage. (And instruction manuals.)

Start a notebook. NOW.

Page 282: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Design Rules! [Literally]

Palm Beach County’s U.C.B.* [*Utterly Confusing Ballot]

Page 283: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 3B:

It’s the Experience!

Page 284: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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

Page 285: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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 286: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

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

Page 287: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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

Page 288: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Hmmmm(?): “Only” Words …

StoryAdventure

Smile Focus

PlotPassion

Page 289: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Plot

Williams Sonoma = 5 [was 10]Crate & Barrel = 8

Sharper Image = 9+Smith & Hawken = 8+

Garnet Hill = 9L.L. Bean = 4 [was 9+]

Colonial Williamsburg = ?

Page 290: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

The “Experience Ladder”

Experiences Services

Goods Raw Materials

Page 291: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

1940: Cake from flour, sugar (raw materials economy): $1.00

1955: Cake from Cake mix (goods economy): $2.00

1970: Bakery-made cake (service economy): $10.00

1990: Party @ Chuck E. Cheese (experience economy) $100.00

Page 292: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message: “Experience” is the

“Last 80%”“Experience” applies to

all work!

Page 293: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

HP Revisited

PWC Consultants lead Business Re-invention Process (“Experience

Economy”)

Fabulous Customer Service (“Service Economy”)

Terrific Servers (“Goods Economy”)

Page 294: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Experience”: Home to [tomorrow’s]

Market Cap!

Page 295: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Client: “We’re not like Nike! We sell paper clips , 9mm bolts, who can be bothered?”

JK: “The whole world can be bothered if you brand

them well. Nike does not actually sell shoes. Nike sells the experience of using Nikes, the feeling of being a winner. And they

condense the message into just three words:

Just Do It! It is a question of being the only one, of offering the market

something unique.”

Source: Jesper Kunde, A Unique Moment

Page 296: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 3C:

BRAND POWER!

Page 297: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“WHO ARE YOU [these days] ?”

TP to Client

Page 298: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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

Page 299: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Most companies tend to equate branding with the company’s marketing. Design a new marketing

campaign and, voila, you’re on course. They are wrong. The task is much bigger. It is about fulfilling our potential … not about a new logo, no matter how

clever. WHAT IS MY MISSION IN LIFE? WHAT DO I WANT TO CONVEY TO PEOPLE? HOW DO

I MAKE SURE THAT WHAT I HAVE TO OFFER THE WORLD IS ACTUALLY UNIQUE? The brand has to give of itself, the company has to give of itself, the management has to give of itself. To

put it bluntly, it is a matter of whether – or not – you want to be … UNIQUE … NOW.”

Jesper Kunde, A Unique Moment

Page 300: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“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.]

Page 301: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand = You Must Care!

“Success means never letting the competition

define you. Instead you have to define yourself based on a point of view you care deeply

about.” Tom Chappell, Tom’s of Maine

Page 302: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“You do not merely want to be the best of the best. You

want to be considered the only ones who do

what you do.”

Jerry Garcia

Page 303: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“A great company is defined defined by the fact that it is not compared

to its peers.”Phil Purcell, Morgan Stanley

Page 304: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“Brand Promise” Exercise: (1) Who Are WE? (poem/novella/song, then 25

words.) (2) List three ways in which we are UNIQUE … to our Clients.

(3) Who are THEY (competitors)? (ID, 25 words.)

(4) List 3 distinct “us”/”them” differences. (5) Try “results” on your teammates. (6) Try ’em on a friendly Client. (7) Big Enchilada:

Try ’em on a skeptical Client!

Page 305: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

1st Law Mktg Physics: OVERT BENEFIT (Focus: 1 or 2 > 3 or 4/“One Great Thing.”

Source #1: Personal Passion)

2ND Law: REAL REASON TO BELIEVE (Stand & Deliver!)

3RD Law: DRAMATIC DIFFERENCE (Execs Don’t Get It: See the next slide.)

Source: Jump Start Your Business Brain, Doug Hall

Page 306: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

2 Questions

“How likely are you to purchase this new product or service?” (95%

to 100% weighting by execs)

“How unique is this new product or service?” (0% to 5%*)

*No exceptions in 20 years – Doug Hall, Jump Start Your Business Brain

Page 307: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Message: REAL Branding is personal. REAL Branding is integrity. REAL

Branding is consistency & freshness. REAL Branding is the answer to WHO

ARE WE? WHY ARE WE HERE? REAL Branding is why I/you/we [all] get out of bed in the morning. REAL Branding can’t be faked. REAL Branding is a systemic, 24/7, all departments,

all hands affair.

Page 308: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“WHO ARE WE?”

Page 309: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

WHAT’S OUR

STORY?

Page 310: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“EXACTLY HOW ARE WE DRAMATICLY DIFFERENT?”

Page 311: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“ WHY DOES IT MATTER TO

THE CLIENT?”

Page 312: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

“EXACTLY HOW DO I PASSIONATELY CONVEY THAT

DIFFERENCE TO THE CLIENT ”

Page 313: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Our Journey

Page 314: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Part I: Brand InsidePart II: Brand Outside

Part III: Brand Leadership

Page 315: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Forces @ Work II

The Sameness Trap

Page 316: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 1:Use E-Commerce to

Re-invent Everything!

Page 317: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 1A:Healthcare et al.:

Embracing ane-Led Age of

Self-Determination

Page 318: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 2A:

Women Rule!

Page 319: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 2B:

Welcome to “Old World”!

Page 320: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 2C:

Welcome to “Green World”!

Page 321: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 3A:

Design Matters!

Page 322: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 3B:

It’s the Experience!

Page 323: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Outside

Strategy 3C:

BRAND POWER!

Page 324: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Part I: Brand InsidePart II: Brand Outside

Part III: Brand Leadership

Page 325: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Brand Leadership

Passion Rules!

Page 326: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

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.]

Page 327: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Gary Hamel: “Create a Cause,

not a ‘business.’ ”

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Ben Zander: “I am a dispenser of

enthusiasm.”

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Gandhi: “You must be the change

you wish to see in the world.”

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Lucille Ball: “I’d rather regret the things I

have done than the things I have

not.”

Page 331: Tom Peters Seminar2001 Rollercoaster Days: Learning to … Rock & Roll! Portland/6.21.2001

Emile Zola: “If you ask me what I have come to

do in this world, I who am an artist, I will reply, I am here

to live my life out loud.”

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Steve Jobs:“Let’s make a

dent in the universe.”