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2tompeters! company
The 4th information revolution . . .
• 3000 BC Mesopotamia
• 1300 BC China
• 1450 AD Germany
3tompeters! company
The Technology is here!!!!!!!
“Information technology is now, but just now, capable of revolutionizing white collar work the same way earlier technologies revolutionized the farm and the factory. Hold onto your hats white collar workers, nothing will ever be the same.”
6tompeters! company
“There’s going to be a fundamental change in the
global economy unlike anything we have had
since the cavemen began bartering.”
Arnold Baker, Chief Economist, Sandia National Laboratory
7tompeters! company
“The period 2000-2002 will bring the single greatest
change in worldwide economic and business
conditions since we came down from the trees.”David Schneider & Grady Means,
MetaCapitalism
8tompeters! company
“It used to be that the big ate the small.
Now the fast eat the slow.”
Geoff Yang, IVP/ (Institutional Venture Partners)
10tompeters! company
“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)
14tompeters! company
“ALL OF THESE ‘CONVERSATIONS’ TODAY ABOUT ‘THE WEB’ WILL APPEAR SO BLOODY DAMN SILLY AND PEDESTRIAN TEN … FIVE? … THREE? …YEARS FROM NOW.”
— Tom Peters (11-99)
P.S.: Read Ray Kurzweil’s The Age of Spiritual Machines: When Computers Exceed Human Intelligence
19tompeters! company
Banking Industry
“Banking is necessary.
Banks are not.”Dick Kovacevich,
Norwest/ Wells
26tompeters! company
Sales People
“We are not seeing the death of sales people, but the death of sales forces.”
Neil RackhamHuthwaite Associates
31tompeters! company
Purchasing at Bentonville
• Facts - 75%/5%
• Decision - 8 or 100
• Policy - No sales people allowed
32tompeters! company
February 27, 2000, Announcement
Ford, GM & Daimler-Chrysler, arch enemies for nearly a century - create an Internet supplier Marketplace/Virtual Marketspace.
38tompeters! company
“Education over the internet is going to be so big, it’s going to make E-mail usage look like a rounding error .”
John ChambersCEO, Cisco Systems Inc.
Education
39tompeters! company
“My best guess is that these schools will be about as successful as Digital Equipment was in competition with Dell.”
Clayton ChristensenHarvard Business School
Education
43tompeters! company
“UPS used to be a trucking company with technology. Now it’s a technology company
with trucks.”Forbes (1-00), on UPS’s $11B spent on IS in the 90s; UPS was Forbes’ “Company of the Year”
47tompeters! company
E R P
WWW.
White Collar Revolution
DilbertWhite Collar Robots
Talent Wars
Work/LifeBalance
New Work: Core Model
48tompeters! company
White Collar Revolution
New Employee
New Organization
New Work
New Work: Core Model
50tompeters! company
White Collar Revolution
New EmployeePSF 1.0PSF 1.0
New Work
New Work: Core Model
51tompeters! company
White Collar Revolution
Brand YouProfessionalBrand You
ProfessionalPSF 1.0
New Work
New Work: Core Model
52tompeters! company
White Collar Revolution
Brand YouProfessional
PSF 1.0
WOW!ProjectsWOW!
Projects
New Work: Core Model
53tompeters! company
White Collar Revolution
New Employee
New Organization
New Work
New Work: Core Model
54tompeters! company
Five Transformations
Departments to Professional Services Firms
Managers to Leaders at all Levels
Customer Service to Customer Experience
Work assignments to WOW!Projects
Employees to Brand YOU Professionals
55tompeters! company
Our View of the World
Invent the New World of Work
White Collar Revolution
The Work Matters!
Our Vision is to . . .
Why? . . . Because . . .
Because we are in the middle of a . . .
Five Transformations
Which requires . . .
59tompeters! company
“What’s in the shortest supply now are great teams led by great leaders.”
John Doer, venture capitalist
60tompeters! company
“The real test of quality in the early part of the next century is going to be what I call the
quality of leadership.”
Bob Galvin, Chairperson Executive Committee, Motorola
65tompeters! company
“You really got to me. So many of our information technology projects take on a life of their own, and I know they’ll never end up as more than ‘mediocre successes.’ ”
CEO, F100 financial services company (10-98)
66tompeters! company
“Reward excellent failures. Punish
mediocre successes.”
Phil Daniels, Sydney exec
73tompeters! company
“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
74tompeters! company
“The fundamental unit of the new economy is not the corporation, but the individual.
Tasks aren’t assigned and controlled through a stable chain of command but are carried out autonomously by independent
contractors - e-lancers - who join together in fluid and temporary networks to sell goods
and services. When the job is done, the network dissolves and its members become independent again, circulating through the economy, seeking the next assignment.”
Malone & Laubaucher, The Dawn of the E-Lance Economy
75tompeters! company
“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
“The New Protean Career Contract”
76tompeters! company
Is Your Work Worth Paying For?
“What do (or could) you deliver that would make it worthwhile to pay you
money every month? What can you do that would make them say of your pay, ‘Boy, that’s money well spent! Did that
person ever add value to what our customers get for their money!’”
William Bridges, Creating You & Co.
81tompeters! company
“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
82tompeters! company
Customer Service• On time delivery
• Failure rate
• Defects per 1000
• Absence of defect or complaint
• Return Rate
• Satisfaction
83tompeters! company
In many industries the correlation between
customer satisfaction and repeat business is zero.
85tompeters! company
About Quality
“Quality is conformance to requirements, not
goodness.”
Phil Crosby
86tompeters! company
Satisfy … Conform to Requirements … Exceed
Expectations …Delight! … WOW! … Lust! … ONLY ONES WHO DO
WHAT WE DO!
Satisfy … Conform to Requirements … Exceed
Expectations …Delight! … WOW! … Lust! … ONLY ONES WHO DO
WHAT WE DO!
89tompeters! company
Experience Evolution
• Enduring Products
• Loyal Buyers
• Single Offerings
• Meet Expressed
Needs
• Improved Value
• Info Poor Customers
• Ephemeral Products
• Fickle Buyers
• Mass Customization
• Meet Unimagined
Needs
• Startling Value
• Info Rich Customers
92tompeters! company
“Meaning from work comes form doing great work, not from talking about how meaningful
work should be.”