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Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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Page 1: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Tom Peters Seminar2001

We Are in a Brawl with No

Rules!Dublin/26.11.2001

Page 2: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 3: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Uncertainty: We don’t know when things will get back

to normal.

Ambiguity: We no longer know what “normal”

means.

Page 4: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

BMcC: (1) Hierarchy vs. “Network organization.” (2)

NWO = “Doctrine as center of gravity”/source of motivation;

distributed support & decision-making;largely self-organizing; “outside the military sphere.”

Page 5: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“Our military structure today is essentially one

developed and designed by Napoleon.”

Admiral Bill Owens, former Vice Chairman, Joint Chiefs of Staff

Page 6: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

From: Weapon v. Weapon

To: Org structure v. Org structure

Page 7: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“Terror cells are superb, malevolent examples of what Information Age

organizations can be. So how do you kill them? … Soldiers used to idolize Napoleon or Patton. Network-centric warriors admire Wal*Mart for using ‘information superiority’ to crush

rivals. … [ The Navy’s John] Arquilla calls for small, fast, information-

enabled units.” –America’s Secret Weapon, Business 2.0 (DEC2001)

Page 8: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

<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

Page 9: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Structure

Part I: Brand InsidePart II: Brand Outside

Part III: Brand Leadership

Page 10: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

All Slides Available at …

tompeters.comNote: Lavender text in this file is a link.

Page 11: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

7 Rules for Leading/THRIVING in a Recession+

1. It’s ALREADY too late.2. Show up & tell the truth—CREDIBILITY rules.3. Kill with KINDNESS.4. Sharp pencils are imperative—but don’t forget that the CUSTOMER & our TALENT & RISKY INVESTMENTS are still our long-term Bread & Butter.

5. Everything’s different, everything’s the same—it’s the NEW ECONOMY, more than ever, stupid!6. “Use” the trauma to mount the bold initiatives you should have long before mounted: Flux = OPPORTUNITY.7. We’re in a War of Organizational Models—from retail to the Pentagon. IDEAS MATTER MOST.

Page 12: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Part I: Brand InsidePart II: Brand Outside

Part III: Brand Leadership

Page 13: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Forces @ Work I

The Destruction Imperative!

Page 14: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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.Source: Dick Foster & Sarah Kaplan, Creative Destruction: Why

Companies That Are Built to Last Underperform the Market

Page 15: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 16: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

The [New] Ge Way

DYB.com

Page 17: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

The Gales of Creative Destruction

+29M = -44M + 73M

+4M = +4M - 0M

Page 18: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Brand Inside

Brand Org: Lean, Linked,

Internet-driven, Virtual

Page 19: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

White Collar

Revolution!

Page 20: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

108 X 5vs.

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

Page 21: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

The Pincer 5

1. “Destructive” entrepreneurs/ Global Competition

2. “White Collar Robots”

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

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

5. Speed!!

Page 22: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Automation+

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

Page 23: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

IBM’s Project

eLiza!

Page 24: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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

Page 25: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

The Pincer 5

1. “Destructive” entrepreneurs/ Global Competition

2. “White Collar Robots”

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

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

5. Speed!!

Page 26: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Brand Inside

Brand Work: The Professional Service Firm

Model

Page 27: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

So what will be the Basic Building

Block of the New Org?

Page 28: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Every job done in W.C.W. is

also done “outside”

…for profit!

Page 29: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Answer: PSF![Professional Service Firm]

Department Head

to …

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

Page 30: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“P.S.F.”: Summary

H.V.A. Projects (100%)Pioneer Clients

WOW Work (see below)Hot “Talent” (see below)“Adventurous” “culture”

Proprietary Point of View (Methodology)W.W.P.F. (100%)/Outside Clients (25%++)

Page 31: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

BMW’s Designworks/USA:

>50% from outside work

Page 32: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 33: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

(1) Translate departmental affairs 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!

Page 34: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Brand Inside

The Heart of the Value Creation Revolution:

PSF Unbound!

Page 35: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

11SEPT2000: HP bids

$18,000,000,000for

PricewaterhouseCoopersconsulting business!

Page 36: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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

price of entry.”

Ann Livermore, Hewlett-Packard

Page 37: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

HP … Sun … GE … IBM … UPS … UTC …

General Mills … Springs … Anheuser-Busch …

Carpet One … Delphi … Etc. … Etc.

Page 38: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“We want to be the air traffic

controllers of electrons.”

Bob Nardelli, GE Power Systems

Page 39: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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

Page 40: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

New Springs = Turnkey

Collections.Flexible sourcing.

Packaging.Merchandising.

Promotion.Systems & Site mgt.

Page 41: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“The move toward outsourced manufacturing represents an obvious

opportunity for contract manufacturers [such

as Flextronics: $93M to $15B, ’93-’00], but it’s also a potential boon to product innovation. The

future of gadget-making is not about making gadgets; it’s about imagining them.

Someone else makes the imaginary real. ‘All that money that used to go to fund infrastructure is going into design and

innovation,’ says Flex CEO Michael Marks.”Wired/11.2001

Page 42: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Brand Inside

Brand You:

Distinct … or

Extinct

Page 43: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 44: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 45: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Invent. Reinvent. Repeat.

Source: HP banner ad

Page 46: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Brand Inside

Redefining the Work

Itself: The WOW Project

Page 47: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“Reward excellent failures. Punish

mediocre successes.”Phil Daniels, Sydney exec

Page 48: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“Intimidate their [users] imaginations”

… “Where’s the revolution?” –J Allard,

on the Xbox

Page 49: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Brand Inside

WOW Projects for the “Powerless”:

Getting Started … a Personal Perspective

Page 50: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Topic: Boss-free

Implementation of STM /Stuff That

MATTERS!

Page 51: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

World’s Biggest Waste …

Selling “Up”

Page 52: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 53: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

BOTTOM LINE

The Enemy!

Page 54: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 55: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 56: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 57: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Sales2001

Page 58: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

The Sales25: Great Salespeople …

1. Know the product. (Find cool mentors, and use them.)

2. Know the company.3. Know the customer. (Including the customer’s consultants.) (And especially the “corporate culture.”)4. Love internal politics at home and abroad.5. Religiously respect competitors. (No badmouthing, no matter how provoked.)6. Wire the customer’s org. (Relationships at all levels & functions.)7. Wire the home team’s org. and vendors’ orgs. (INVEST Big Time time in relationships at all levels & functions.) (Take junior people in all functions to client meetings.)

Page 59: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Great Salespeople …

8. Never overpromise. (Even if it costs you your job.) 9. Sell only by solving problems-creating profitable opportunities. (“Our product solves these problems, creates these unimagined INCREDIBLE opportunities, and will make you a ton of money—here’s exactly how.”) (IS THIS A “PRODUCT SALE” OR A WOW-ORIGINAL SOLUTION YOU’LL BE DINING OFF 5 YEARS FROM NOW? THAT WILL BE WRITTEN UP IN THE TRADE PRESS?)10. Will involve anybody—including mortal enemies—if it enhances the scope of the problem we can solve and increases the scope of the opportunity we can encompass.11. Know the Brand Story cold; live the Brand Story. (If not, leave.)

Page 60: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Great Salespeople …

12. Think “Turnkey.” (It’s always your problem!)

13. Act as “orchestra conductor”: You are responsible for making the whole-damn-network respond. (PERIOD.)

14. Help the customer get to know the vendor’s organization & build up their Rolodex.15. Walk away from bad business. (Even if it gets you fired.)

16. Understand the idea of a “good loss.” (A bold effort that’s sometimes better than a lousy win.)17. Think those who regularly say “It’s all a price issue” suffer from rampant immaturity & shrunken imagination.18. Will not give away the store to get a foot in the door. 19. Are wary & respectful of upstarts—the real enemy.20. Seek several “cool customers”—who’ll drag you into Tomorrowland.

Page 61: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Great Salespeople …

21. Use the word “partnership” obsessively, even though it is way overused. (“Partnership” includes folks at all levels throughout the supply chain.)22. Send thank you notes by the truckload. (NOT E-NOTES.) (Most are for “little things.”) (50% of those notes are sent to those in our company!) Remember birthdays. Use the word “we.” 23. When you look across the table at the customer, think religiously to yourself: “HOW CAN I MAKE THIS DUDE RICH & FAMOUS & GET HIM-HER PROMOTED?” 24. Great salespeople can affirmatively respond to the query in an HP banner ad: HAVE YOU CHANGED CIVILIZATION TODAY?25. Keep your bloody PowerPoint slides simple!

Page 62: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Brand Inside

Starting a Wow Projects

Epidemic: Demo mania! New Hall of Fame!

Page 63: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Premise: “Ordering” Systemic Change is a Stupid Waste

of Time!

Page 64: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Demos!Stories!Heroes!

Page 65: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

L.B.I.W.D. (Leading

By Inducing Weird Demos)

Page 66: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Demo = Story

“A key – perhaps the key – to leadership is the

effective communication of a story.”

Howard Gardner, Leading Minds: An Anatomy of Leadership

Page 67: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

MBSA!*

*Managing By Story-ing Around/David Armstrong

Page 68: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Leaders aiming to change their world

… troll for & identify palpable heroes, who executed

palpable projects—then 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.)

Page 69: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Boss Advice I: The “Poster Kids” Strategy

Chat up the organization. Develop a tentative list of Pioneers.

Hang with those Pioneers, discover the “stuff I’ve long wanted to do”/Encourage

them to “Do it!”Begin to showcase their developing results

[with your public stamp of approval]. Dip deep[ish] and early - promote a Pioneer into

the [New] Establishment.Incorporate the Pioneers’ work into your Vision

Chatter/Welcome ALL aboard!

Page 70: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Boss Advice II: The “Flypaper” Strategy

“Event Marketing”: Idea Fair/Internal “Tradeshow”/Bragfest. Or: Seminar Series, with

“strange” outsiders/insiders (not the usual suspects); intense Web-based follow-up and community creation

(Neighborhoods of Common Interest).

“Play Fund,” around a topic of importance. Small-ish grants. Easy application process. Short-ish

timeframes. (Gerstner @ American Express re AI.)

“Scholarships” (not the usual suspects). Sabbatical funds (contest?). Placement on customer or supplier

project teams (not the usual suspects).

Page 71: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Each VP a V.C.: Portfolio of high-risk investments;

from all across the company; analog is

Wal*Mart exec merchandising.

Page 72: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Freaks need mentors/

guardians!

Page 73: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Goal of the Year No. 1*: Find-Develop-Mentor

ONE Extraordinary Person.

*CEO, large financial advisory firm, April 2001

Page 74: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Summary

Don’t try to “change the culture”!

Do create flypaper which attracts Mavericks & Pirates!

Let the new culture (which is already lurking around you) find you!

Publicize, at the appropriate moment, the New Hall of Fame; help the New Culture Adherents create & nurture Community!

Page 75: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Brand Inside

Brand Talent: The Great War for Talent

Page 76: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“When land was the scarce resource, nations battled

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

Stan Davis & Christopher Meyer, futureWEALTH

Page 77: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

The Talent Ten

Page 78: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

1. Obsession

P.O.T.* = All Consuming

*Pursuit of Talent

Page 79: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Model 24/7: Sports Franchise GM

Page 80: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

2. Greatness

Only The Best!

Page 81: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 82: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

3. Performance

Up or out!

Page 83: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 84: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Message: Some people are better than other

people. Some people are a helluva lot better than other

people.

Page 85: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

4. Pay

Fork Over!

Page 86: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 87: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

5. Youth

Grovel Before the Young!

Page 88: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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]

Page 89: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

6. Diversity

Mess Rules!

Page 90: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 91: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

7. Women

Born to Lead!

Page 92: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 93: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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

Page 94: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 95: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 96: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

8. Weird

The Cracked Ones Let in the Light!

Page 97: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 98: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“Are there enough weird people in

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

Page 99: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

9. Opportunity

Make It an Adventure!

Page 100: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“H.R.” to “H.E.D.” ???

Human

Enablement

Department

Page 101: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

10. Leading Genius

We are all unique!

Page 102: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Beware Lurking HR Types … One size

NEVER fits all. One size fits one. Period.

Page 103: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

MantraM3

Talent = Brand

Page 104: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

What’s your company’s …

EVP?Employee Value Proposition, per Ed

Michaels et al., The War for Talent

Page 105: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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

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

Page 106: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Brand InsideReprise:

THINK WEIRD: The High Standard

Deviation Enterprise

Page 107: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Saviors-in-Waiting

Disgruntled CustomersOff-the-Scope Competitors

Rogue EmployeesFringe Suppliers

Wayne Burkan, Wide Angle Vision: Beat the Competition by Focusing on Fringe Competitors, Lost Customers, and Rogue Employees

Page 108: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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

Page 109: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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

Page 110: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Employees: “Are there enough weird

people in the lab these days?”

V. Chmn., pharmaceutical house, to a lab director (06.01)

Page 111: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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

Page 112: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

The Top Creators of Shareholder Value

Accept depressed earnings for several quarters to support hot productExpense rather than capitalize new venture costs

Bonuses without caps

Source: Fortune (09.17.201)

Page 113: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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

Page 114: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Tomorrow’s Organizations:

Itinerant Potential Machines

Page 115: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

TALENT POOL TO DIE FOR. Youthful. Insanely energetic. Value creativity. Risk taking is routine. Failing is normal … if you’re stretching. Want to “make their

bones” in “the revolution.”Love the new technologies. Well rewarded. Don’t plan to

be around 10 years from now.

Page 116: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

TALENT POOL PLUS. Seek out and work with “world’s best” as needed (it’s often

needed). “We aim to change the world, and we need gifted colleagues—who well may

not be on our payroll.”

Page 117: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

BRASSY-BUT-GROUNDED-LEADERSHIP. Say “I don’t know”—and then unleash the TALENT.

Have a vision to be DRAMATICALLY DIFFERENT—but don’t expect the co. to be around forever. Will scrap pet projects, and change course 180

degrees—and take a big write-off in the process. NO REGRETS FROM SCREW-UPS WHOSE TIME

HAS NOT-YET-COME. GREAT REGRETS AT TIME & $$$ WASTED ON “ME TOO” PRODUCTS

AND PROJECTS.

Page 118: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

BRASSY-BUT-GROUNDED-LEADERSHIP. (Cont.) “Visionary” leaders matched by leaders with

shrewd business sense: “HOW DO WE TURN A PROFIT ON THIS GORGEOUS IDEA?”

Appreciate “market creation” as much as or more than “market share growth.” ARE

INSANELY AWARE THAT MARKET LEADERS ARE ALWAYS IN PRECARIOUS POSITIONS,

AND THAT MARKET SHARE WILL NOT PROTECT US, IN TODAY’S VOLATILE WORLD,

FROM THE NEXT KILLER IDEA AND KILLER ENTREPRENEUR. (Gates. Ellison. Venter.

McNealy. Walton. Skilling. Case. Etc.)

Page 119: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

ALLIANCE MANIACS. Don’t assume that “the best resides within.” WORK WITH A

SHIFTING ARRAY OF STATE-OF-THE-ART PARTNERS FROM ONE END OF THE “SUPPLY CHAIN” TO THE OTHER.

Including vendors and consultants and … especially … PIONEERING CUSTOMERS …

who will “pull us into the future.”

Page 120: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

TECHNOLOGY-NETWORK FANATICS. Run the whole-damn-company, and relations with all

outsiders, on the Internet … at Internet speed. Reluctant to work with those who don’t share

this (radical) vision.

Page 121: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

POTENTIAL MACHINES-ORGANISMS. Don’t know what’s coming next. But are ready to

jump at opportunities, especially those thatt challenge-overturn our own “way of doing

things.”

Page 122: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Part I: Brand InsidePart II: Brand Outside

Part III: Brand Leadership

Page 123: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Forces @ Work II

The Sameness Trap

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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 125: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“We make over three new product announcements a

day. Can you remember them?

Our customers can’t!”Carly Fiorina

Page 126: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 127: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“Companies have defined so much

‘best practice’ that they are now more or

less identical.”Jesper Kunde, A Unique Moment

Page 128: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Brand Outside

Strategy 1:Use E-Commerce to

Re-invent Everything!

Page 129: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Dell’s OptiPlex Facility

Big Job: 6 to 8 hours.(80,000 per day)

Parts Inventory: 100 square feet.

Page 130: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Cisco!

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

and support from customer self-management: $550M (P.S.: C.Sat e >> C.Sat h)

Page 131: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Secret Cisco: Community!

Customer Engineer Chat Rooms/Collaborative

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

customer collaboration)

Page 132: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 133: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Psych 101: Strongest Force on Earth?

My need to be in perceived control of my universe!

Page 134: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

WebWorld = Everything

Web as a way to run your business’s 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 135: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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

relationship, partnership, organizational and

communications play, made possible by new

technologies.

Page 136: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 137: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 138: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Jargon Bath!

Bureaucracy free …Systemically integrated …

Internet intense …Knowledge based …

Time and location free …“Instantly” responsive …

Customer centric …Mass customization enabled.

Page 139: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Translation …

Bureaucracy free = Flat org, no B.S.Systemically integrated = Whole supply chain

tightly wired/ friction freeInternet intense = Do it all via the Web

Knowledge based = Open accessTime and location free = Whenever, wherever

“Instantly” responsive = Speed demonsCustomer centric = Customer calls the shotsMass customization enabled = Every product

and service rapidly tailored to client requirements

Page 140: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 141: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

I’net …

… allows you to dream dreams

you could never have dreamed

before!

Page 142: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Case: CRM

Page 143: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“CRM has, almost universally, failed

to live up to expectations.”

--Butler Group (UK)

Page 144: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

No! No! No! FT: “The aim [of CRM] is to make customers feel as they did in the pre-

electronic age when service was more personal.”

Rebuttal: (1) Service sucked in the “pre-electronic” age. (2) NewGen believes in the screen! (So do I.)

Page 145: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

One Person’s Opinion

TP to reporter: “Service is MUCH better! Would you go back to bank tellers and phone

operators? Value that I place on a “smile”: 3 on a scale of 10. Value I place on fast & accurate “digital”

response: 11 on a scale of 10!!

Page 146: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

M. Rogers: -5% defections = +25% to +85% profit. Lose

15% to 35% p.a. 69% defect as a result of lousy sales or

service experience. (Q:But is this the point???? A: Yes.

No.)

Page 147: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

CGE&Y (Paul Cole): “Pleasant

Transaction” vs. “Systemic Opportunity.” “Better job

of what we do today” vs. “Re-think overall

enterprise strategy.”

Page 148: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Message CRM: Madness = 600 CRM vendors. ???: “Do it all” or “do

something.” Past: Over-invest in low-value customers. Idea: Better

experience, not off-load work to customer. Relationship = f(dialogue & knowledge & duration). Key: new

attitudes, DESTRUCTION of functional barriers to info & action.

Page 149: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Brand Outside

Strategy 2A:

Women Rule!

Page 150: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

?????????

Home Furnishings … 94%Vacations … 92%

Houses … 91%Consumer Electronics … 51%

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

Bank Account … 89%Health Care … 80%

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????

80%

Page 152: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Riding Lawnmowers

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

80% checks61% bills

53% stock (mutual fund boom)

43% > $500K95% financial decisions/

29% single handed

Page 154: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

$4.8T > Japan

9M/27.5M/$3.6T > Germany

Page 155: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Yeow!

1970 … 1%

2002 … 50%

Page 156: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

OPPORTUNITY

NO. 1!

Page 157: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Carol Gilligan/ In a Different Voice

Men: Get away from authority, familyWomen: Connect

Men: Self-orientedWomen: Other-oriented

Men: RightsWomen: Responsibilities

Page 158: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 159: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 160: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Read This: Barbara & Allan Pease’s

Why Men Don’t Listen & Women Can’t Read Maps

Page 161: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“It is obvious to a woman when another woman is upset, while a man generally has to physically witness

tears or a temper tantrum or be slapped in the face before he even has a clue that anything is going on. Like most female mammals, women are equipped with far more finely tuned

sensory skills than men.” Barbara & Allan Pease, Why Men Don’t Listen & Women Can’t Read Maps

Page 162: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“Resting” State: 30%, 90%: “A woman knows her children’s

friends, hopes, dreams, romances, secret fears, what they are

thinking, how they are feeling. Men are vaguely aware of some short people also living in the house.”

Barbara & Allan Pease, Why Men Don’t Listen & Women Can’t Read Maps

Page 163: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“As a hunter, a man needed vision that would allow him to zero in on targets in the distance … whereas a woman needed eyes

to allow a wide arc of vision so that she could monitor any predators sneaking up on the nest. This is why modern men can find their way effortlessly to a distant pub,

but can never find things in fridges, cupboards or drawers.”

Barbara & Allan Pease, Why Men Don’t Listen & Women Can’t Read Maps

Page 164: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“Female hearing advantage contributes significantly to what is

called ‘women’s intuition’ and is one of the reasons why a woman can read between the lines of what people say. Men, however, shouldn’t despair.

They are excellent at imitating animal sounds.”

Barbara & Allan Pease, Why Men Don’t Listen & Women Can’t Read Maps

Page 165: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Read This Book …

EVEolution: The Eight Truths of Marketing to Women

Faith Popcorn & Lys Marigold

Page 166: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

EVEolution: Truth No. 1

Connecting Your Female Consumers to Each

Other Connects Them to Your Brand

Page 167: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 168: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“Women don’t buy

brands. They join them.”

EVEolution

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Not!!

“Year of the Woman”

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Enterprise Reinvention!

RecruitingHiring/Rewarding/Promoting

Structure Processes

MeasurementStrategyCulture Vision

Leadership

THE BRAND ITSELF!

Page 171: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“Honey, are you sure you have

the kind of money it takes to

be looking at a car like this?”

Page 172: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 173: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 Alto resident … THIS IS EVEN BIGGER THAN

THE INTERNET!

Tom Peters

Page 174: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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 175: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Stupid!

Page 176: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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)

Page 177: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

0

Page 178: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

The Furniture Industry …

doesn’t understand BRANDINGdoesn’t understand FASHIONdoesn’t understand WOMENdoesn’t understand SPEED & RESPONSIVENESS & VALUE-ADDED SERVICESdoesn’t understand EXCITING RETAIL PRESENTATION & “EXPERIENCE” MARKETING.

And is run by old, conservative white guys … who don’t even understand what they don’t understand.

Page 179: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Prescription …

SHE is the Consumer. (PERIOD.)

SHE is the Brand. (PERIOD.)

75% women designers* (*Men CANNOT design for women. PERIOD.)

75% women reps.“Cool” retail spaces in high-rent districts

(à la Ethan Allen).

Match furniture with accessories … i.e., create an “experience.”

FOCUS ON “RELATIONSHIPS-FOR-LIFE”, not “transactions.”

Page 180: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Brand Outside

Strategy 2B:

Welcome to “Old World”!

Page 181: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“ ‘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 182: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Subject: Marketers & Stupidity

“It’s 18-44, stupid!”

Page 183: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Subject: Marketers & Stupidity

Or is it: “18-44 is stupid,

stupid!”

Page 184: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

2000-2010 Stats

18-44: -1%

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

Page 185: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“NOT ACTING THEIR AGE: As Baby Boomers

Zoom into Retirement, Will America Ever Be the

Same?”USN&WR Cover/06.01

Page 186: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Member Growth: 1987 – 1997

18 – 34: 26%35 – 49: 63%

50+: 118%Source: IHRSA

Page 187: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Aging/“Elderly”

$$$$$$$$$$$$“I’m in charge!”

Page 188: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 targets

Ken Dychtwald, Age Power: How the 21st Century Will Be Ruled by the New Old

Page 189: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Stupid!

Page 190: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

No: “Target Marketing”

Yes: “Target

Innovation” & “Target Delivery Systems”

Page 191: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Brand Outside

Strategy 3A:

Design Matters!

Page 192: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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 193: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“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

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Design “is” … WHAT & WHY I LOVE.

LOVE.

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I LOVE my ZYLISS Garlic Peeler!

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Design “is” … WHY I

GET MAD. MAD.

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Wanted: THE DESIGNER OF MY

RADIO SHACK PHONE. Major

Reward!

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Design is never neutral.

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Hypothesis: DESIGN is the principal difference

between love and hate!

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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.

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Message: Men cannot design for women’s needs.

Period.

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Philippe Starck

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“Today the problem is not how to produce more to sell more.

The fundamental question is that of the product’s right to exist. And it is the designer’s right and duty to question the

legitimacy of the product.”

Philippe Starck

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“My main task when I was artistic director at Thompson for four years: to make the company virtuous. Not because there was a desire to do evil, but because they had simply forgotten their

purpose in life—to be of service.”

Philippe Starck

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“I invented the slogan ‘Thompson: From Technology to Love.’ That completely

repositioned the problem. Because now we were saying that technology wasn’t an end in itself, but just a means—and

that the real goal was what had always been there, the original priority,

humanity, whose ultimate criterion is love. That connects back to the idea of the

friendly object, the good object.”

Philippe Starck

Page 206: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

“[At Thompson] I outlawed the word ‘consumer’ in all company meetings, and insisted it be

replaced by the words ‘my friend,’ ‘my wife, ‘my daughter,’ ‘my mother,’ or ‘myself.’ It doesn’t sound the same at all, if you say: ‘It doesn’t

matter, it’s shit, but the consumers will make do with it,’ or if you start over again and say, ‘It’s

shit, but it doesn’t matter, my daughter will make do with it.’ All of a sudden, you can’t get away

with it anymore. There is an enormous task to be done with this kind of symbolic repositioning.”

Philippe Starck

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“Today, 80 per cent of objects are

unnecessarily macho. Yet it is plain: The intelligence of a truly

modern society must be feminine. … Apart from a machine pistol, I can’t think of many objects

which actually need to be extravagantly masculine.”

Philippe Starck

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Brand Outside

Strategy 3B:

It’s the Experience!

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“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

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“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

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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

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The “Experience Ladder”

Experiences Services

Goods Raw Materials

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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

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Message:

“Experience” is the

“Last 80%”

P.S.: “Experience” applies to all work!

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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): $10.001990: Party @ Chuck E. Cheese

(experience economy) $100.00

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Bob Lutz: (1) “I see us as being in the art business. Art,

entertainment and mobile sculpture, which, coincidentally,

also happens to provide transportation.” (2) Focus groups

can be misleading. (“What did you like about that movie

you just saw? Was there enough violence? Was the car chase long

enough?”) (3) Design must be Priority No. 1.

Source: NYT 10.19.01

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Brand Outside

Strategy 4:

BRAND POWER!

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“WHO ARE YOU [these days] ?”

TP to Client

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“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

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“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

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“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!

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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

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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

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The Heart of Branding …

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“WHO ARE WE?”

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WHAT’S OUR

STORY?

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“EXACTLY HOW ARE WE

DRAMATICALLY DIFFERENT?”

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“ WHY DOES IT MATTER TO

THE CLIENT?”

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“EXACTLY HOW DO I PASSIONATELY CONVEY THAT

DIFFERENCE TO THE CLIENT ”

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Part I: Brand InsidePart II: Brand Outside

Part III: Brand Leadership

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The Leadership50

Leading in Totally Screwed

Up Times

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1. Leadership Is a …

Mutual Discovery Process.

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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!

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2. Leaders Cede Control.

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“I don’t know.”

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3. Leaders Try … Not to Screw Things

Up

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“Ninety percent of what we call ‘management’ consists

of actions that make it difficult for people to get

things done.” – P.D. “My goal is not to ‘motivate them.’ It’s to not de-motivate ’em.” – N.D. f’ball coach

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4. 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.

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Whoops: Jack didn’t have a vision!

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5. Great Leaders are …

Great V.C.s.

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“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].”

Fortune (09.17.2001)

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6. But Then Again, There Are Times When This “Cult of Personality”

(Type II Leadership) Stuff Actually Works!

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“A leader is a dealer in hope.”

Napoleon

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7. Find the “Businesspeople”!

(Type III Leadership)

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I.P.M. (Inspired Profit

Mechanic)

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8. All Organizations

Need the Golden Leadership

Triangle.

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The Golden Leadership Triangle: (1) Creator-

Visionary … (2) Talent Fanatic-Mentor-V.C. …

(3) Inspired Profit Mechanic.

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9. Leadership Mantra

#1: IT ALL DEPENDS!

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Renaissance Men are … a snare, a

myth, a delusion!

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10. Leaders LOVE the

MESS!

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11. Leaders

DO!

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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!)

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12. Leaders

Re-do.

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“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)

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13. BUT … Leaders

Know When to Wait.

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Tex Schramm: The “too hard”

box!

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14. Leaders

FOCUS!

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“To Don’t ” List

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Leaders “dump the ones who brung ’em” —Nokia, HP, 3M,

PerkinElmer, Corning, Enron, etc.

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15. Leaders Trust in

TRUST!

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Credibility!

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16. Leaders Infuse the Dreaded-All Important “Evaluation Process”

with CREDIBILITY!

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25 = 100

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Talent-minded leaders: (1) treat the evaluation process strategically; (2) invest enormous amounts of

personal time in it (to give it credibility & amass data); (3)

depend on dialogue & “plain English,” not obscure,

standardized “instruments.”

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17. Leaders

Understand the Ultimate Power of RELATIONSHIPS.

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“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

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18. Leaders

Wire the Joint!

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Winners wire. Losers are

slaves to rank.

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19. Leaders Know …

Women Roar/ Women Rule.

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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

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“Boys are trained in a way that will make

them irrelevant.”Phil Slater

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20. Leaders FORGET!/

Leaders DESTROY!

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“The Word(s)” on Vitality: Gary Hamel

“Sell By” [jettison old crap]

Spin Out [support entrepreneurs]

Spin In [buy young firms]

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21. BUT … Leaders

Have to Deliver, So They Worry About “Throwing the

Baby Out with the Bathwater.”

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“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)

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22. Leaders …

HONOR THE USURPERS.

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Saviors-in-Waiting

Disgruntled CustomersUpstart CompetitorsRogue EmployeesFringe Suppliers

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

Customers, and Rogue Employees

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23. Leaders Make [Lotsa] Mistakes – and MAKE NO BONES

ABOUT IT!

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“Fail faster. Succeed sooner.”

David Kelley/IDEO

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24. Leaders Make BIG MISTAKES!

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“Reward excellent

failures. Punish mediocre successes.”

Phil Daniels, Sydney exec (and, de facto, Jack)

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25. Leaders Honor Mistakes & Create

“Blame-free ‘Cultures.’ ”

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Accountability: YES!Never-ending witch

hunts: NO!

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26. Leaders Set DESIGN SPECS.

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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!

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27. Leaders Send V-E-R-Y Clear Signals About Design Specs!

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Ridin’ with Roger: “What have you done to

DRAMATICALLY IMPROVE quality in the

last 90 days?”

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28. Leaders Know that

THERE’S MORE TO LIFE THAN “LINE EXTENSIONS.” Leaders Love to CREATE NEW

MARKETS.

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No one ever made it into the Business Hall of Fame on a record of

“line extensions.”

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“Acquisitions are about

buying market share. Our challenge is to create markets.

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

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29. Leaders Pursue

DRAMATIC DIFFERENCE!

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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: “intent to purchase” – 100%; “unique” – 0%

to 5%)

Source: Jump Start Your Business Brain, Doug Hall

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30. Leaders Make Their Mark / Leaders

Do Stuff That Matters.

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31. Leaders Push Their

Organizations W-a-y Up the Value-added/

Intellectual Capital Chain

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09.11.2000: HP bids

$18,000,000,000for

PricewaterhouseCoopersConsulting business!

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32. Leaders

LOVE the New Technology!

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I’net …

… allows you to dream dreams

you could never have dreamed

before!

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33. Needed? Type IV Leadership: Technology

Dreamer-True Believer

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The Golden Leadership Quadrangle: (1) Creator-Visionary … (2) Talent

Fanatic-Mentor-V.C. … (3) Inspired Profit Mechanic. (4) Technology Dreamer-True

Believer

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34. When It Comes

to TALENT … Leaders Always Swing

for the Fences!

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Message: Some people are better than other

people. Some people are a helluva lot better than other

people.

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35. Leaders “Manage” Their

EVP/Internal Brand Promise.

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

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

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MantraM3

Talent = Brand

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36. Leaders Know …

“It’s My Fault.”

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You recruited ’em.You hired ’em.

You trained ’em. You evaluated ’em.

You “motivated” ’em.

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37. Leaders Out

Their

PASSION!

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BZ: “I am a … DISPENSER

OF ENTHUSIASM!

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38. Leaders Know It’s ALL SALES ALL THE

TIME.

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TP: If you don’t LOVE SALES … find

another life. (Don’t pretend

you’re a “leader.”)

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39. Leaders

LOVE “POLITICS.”

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TP: If you don’t LOVE POLITICS … find

another life. (Don’t pretend

you’re a “leader.”)

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40. But … Leaders Also

Break a Lot of China

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If you’re not pissing people off, you’re not making

a difference!

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41. Leaders

Give … RESPECT!

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“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

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42. Leaders Say …

“Thank You.”

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“The deepest human need is the

need to be appreciated.”

William James

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43. Leaders …

SHOW UP!

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P.S. …

Mark McCormack: 5,000 miles for a 5

min. meeting.

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44. Leadership Is a …

Performance

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“You must be the change you

wish to see in the world.”

--M.G.

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“It is necessary for the President to be the

nation’s No. 1 actor.”FDR

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45. Leaders Have a

GREAT STORY!

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“A key – perhaps the key – to leadership is the effective

communication of a story.”

Howard Gardner Leading Minds: An Anatomy of Leadership

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46. Leaders Seed & Pursue & Recognize

(Weird) “Demos.”

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L.B.I.W.D. (Leading

By Inducing Weird Demos)

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47. Leaders Focus on the

SOFT STUFF!

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“Soft” Is “Hard”

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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.]

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48. Leaders Are

Graceful.

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“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

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Rodale’s on “Grace” …

elegance … charm … loveliness … poetry in motion … kindliness ..

benevolence … benefaction … compassion … beauty

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49.

Leaders ???:

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“LEADERS NEED TO BE THE ROCK OF GIBRALTAR ON

ROLLER BLADES”

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“Hire smart – go bonkers – have grace – make mistakes – love technology – start all

over again.”

Page 337: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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.

Page 338: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

Juergen Schrempp/DaimlerChrysler

“Digital decision making”/ “The danger of the deadly

wish for harmony”

Page 339: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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.”

Page 340: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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.”

Page 341: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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.”

Page 342: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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.”

Page 343: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

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.”

Page 344: Tom Peters Seminar2001 We Are in a Brawl with No Rules! Dublin/26.11.2001

50. Leaders Know

WHEN TO LEAVE!