“The capacity to develop close and Tom Peters’ enduring relationships is the mark of a leader. Unfortunately, many leaders of major companies believe their job is to create the strategy, organization structure and organizational processes—then they just delegate the work to be done, remaining aloof from the people doing Zagreb/05 June 2008 the work.” —Bill George, Authentic Leadership EXCELLENCE. ALWAYS. To appreciate this presentation [and ensure that it is not a mess], you need Microsoft fonts: NOTE: “Showcard Gothic,” “Ravie,” “Chiller” and “Verdana” Part II Excellence: The Leadership 50 bedrock. 1. Leaders … serve. Organizations exist to serve. Period. Leaders live to serve. Period. The Basic Mechanism. 2. Leadership Is a Mutual Discovery Process. … “Ninety percent of what we call ‘management’ consists of making it difficult for people to get things done.” – Peter Drucker Organizing Genius / Warren Bennis and Patricia Ward Biederman “Groups become great only when everyone in them, leaders and members alike, is free to do his or her absolute best.” “The best thing a leader can do for a Great Group is to allow its members to discover their greatness.” Leaders’ “Mt Everest Test” “free to do his or her absolute best” … “allow its members to discover their greatness.” Quests! Why in the World did you go to Siberia? An emotional, vital, innovative, joyful, creative, entrepreneurial endeavor that elicits maximum Enterprise* ** (*at its best): concerted human potential in the wholehearted service of others.** **Employees, Customers, Suppliers, Communities, Owners, Temporary partners … no less than Cathedrals in which the full and awesome power of the Imagination and Spirit and native Entrepreneurial flair of diverse individuals is unleashed in passionate pursuit of … Excellence. “I have always believed that the purpose of the corporation is to be a blessing to the employees.” * —Boyd Clarke *TP: An “organization” is, in fact and after all is said and done, a/the “house” in which most of us “live” most of the time. The Leadership Types. 3. Great Leaders on White Horses Are Great Talent Developers (Type I Leadership) are the Bedrock Important – but of Organizations that Perform Over the Long Haul. Whoops: Jack didn’t have a vision! 4. But There Are Times When the “visionary” “Type” (Type II Leadership) Matters! “A leader is a dealer in hope.” —Napoleon 5. Find the “Businesspeople”! (Type III Leadership) I.P.M. (Inspired Profit Mechanic) 6. All Organizations Need … the Golden Leadership Triangle. The Golden Leadership Triangle: (1) Talent Fanatic … (2) Visionary … (3) Inspired Profit Mechanic. 7. Leadership Mantra #1: IT ALL DEPENDS! Renaissance Men are … a snare, a myth, a delusion! 8. The Leader Is Rarely/Never the Best Performer. The Leadership Dance. 9. Leaders … SHOW UP! MBWA “A body can pretend to care, but they can’t pretend to be there.” — Texas Bix Bender “It’s always showtime.” —David D’Alessandro, Career Warfare 10. Leaders … LOVE the MESS! “If things seem under control, you’re just not going fast enough.” —Mario Andretti 11. Leaders “We have a ‘strategic’ plan. It’s called doing things.” — Herb Kelleher “This is so simple it sounds stupid, but it is amazing how few oil people really understand that you only find oil if you drill wells. You may think you’re finding it when you’re drawing maps and studying logs, but you have to drill.” Source: The Hunters, by John Masters, Canadian O & G wildcatter 12. Leaders Re -do. Phil Crosby is an idiot! “We made mistakes, of course. Most of them were omissions we didn’t think of when we initially wrote the software. We fixed them by doing it over and over, again and again. We do the same today. While our competitors are still sucking their thumbs trying to make the design perfect, we’re already on prototype version #5. By the time our rivals are ready with wires and screws, we are on version #10. It gets back to planning versus acting: We act from day one; others plan how to plan— for months.” —Bloomberg by Bloomberg 13. BUT … Leaders Know When to Wait. Tex Schramm: The “too hard” box! 14. Leaders Are … Optimists. Hackneyed but none the less LEADERS SEE CUPS AS “HALF FULL.” true: “[Ronald Reagan] radiated an almost transcendent happiness.” Half-full Cups: —Lou Cannon 15. Leaders FOCUS! “Dennis, you need a … ‘To-don’t ’ List !” “I used to have a rule for myself that at any point in time I wanted to have in mind — as it so happens, also in writing, on a little card I carried around with me — the three big things I was trying to get done. Three. Not two. Not four. Not five. Not ten. Three.” — Richard Haass, The Power to Persuade “The one thing you need to know about sustained individual success: Discover what you don’t like doing and stop doing it.” —Marcus Buckingham, The One Thing You Need to Know 16. Leaders … Send V-E-R-Y Clear Signals About What’s Important! “Really Important Stuff”: Roger’s Rule of Three! Robinson/American Express Puckett/Hughes Olsen/Digital Mozilo/Countrywide Milliken/Milliken Welch/GE Danger: S.I.O. (Strategic Initiative Overload) If It Ain’t Broke … Break It. 17. Leaders … FORGET!/ Leaders … DESTROY! 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 “I am often asked by would-be entrepreneurs seeking escape from life within huge corporate structures, ‘How do I build a small firm for Buy a very large one and just wait.” myself?’ The answer seems obvious: —Paul Ormerod, Why Most Things Fail: Evolution, Extinction and Economics 18. BUT … Leaders Have to Deliver, So They Worry About “Throwing the Baby Out with the Bathwater.” “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) 19. Leaders … HONOR THE USURPERS. Saviors-in-Waiting Disgruntled Customers Upstart Competitors Rogue Employees Fringe Suppliers Source: Wayne Burkan, Wide Angle Vision 20. Leaders Make [Lots of] Mistakes – and MAKE NO BONES ABOUT IT! “Fail faster. Succeed sooner.” —David Kelley/IDEO 21. Leaders Make … BIG MISTAKES! “Reward excellent failures. Punish mediocre successes.” —Phil Daniels Create. 22. Leaders Know that THERE’S MORE TO LIFE THAN “LINE EXTENSIONS.” Leaders Love to … CREATE NEW MARKETS. “Acquisitions are about buying market share. Our challenge is to create markets. There is a big difference.” —Peter Job, CEO, Reuters YESBANK* *Commerce Bank 23. Leaders … Make Their Mark / Do Stuff That Matters Leaders … “I never, ever thought of myself as a businessman. I was interested in creating things I would be proud of.” —Richard Branson 24. Leaders Push Their W-a-y Up the Valueadded Chain. Organizations … And the “M” Stands for … ? “Systems Integrator of choice.”/BW Gerstner’s IBM: (“Lou, help us turn ‘all this’ into that long-promised ‘revolution.’ ” ) IBM Global Services* Services Corp.): $55B (*Integrated Systems “Big Brown’s New Bag: UPS Traffic Manager for Corporate America” Aims to Be the —Headline/BW/2004 “Every project we undertake starts with ‘How can we do what has never been done before?’” the same question: —Stuart Hornery, Lend Lease 25. Leaders Push Past Service “Transactions” to … Scintillating Experiences. “Experiences are as distinct from services as services are from goods.” —Joe Pine & Jim Gilmore, The Experience Economy: Work Is Theatre & Every Business a Stage Experience: “Rebel Lifestyle!” “What we sell is the ability for a 43year-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 26. Leaders LOVE the New Technology! Power Tools For Power Strategies/ ARD 40K 27. Needed? Type IV Leadership: Technology Dreamer-True Believer The Golden Leadership Quadrangle: (1) Talent Fanatic … (2) Visionary … (3) Inspired Profit Mechanic … (4) Technology DreamerTrue Believer. Talent. 28. Leaders … DO TALENT! ‘do’ “Leaders people. Period.” —Anon. Brand = Talent. 29. When It Comes TALENT to … Leaders Always Go Berserk! 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 30. Leaders Listen. Leaders Consult. The “One line of code” Theorem: All we-“they”me want is (1) to be consulted, (2) to be taken seriously, (3) a tiny show of appreciation Passion. 31. Leaders … “Sell” PASSION! “People want to be part of something larger than themselves. They want to be part of something they’re really proud of, that they’ll fight for, sacrifice for , trust.” —Howard Schultz, Starbucks (IBD/09.05) “Create a ‘cause,’ not a ‘business.’ ” Gary Hamel: 32. Leaders Know: ENTHUSIASM BEGETS ENTHUSIASM! BZ: “I am a … Dispenser of Enthusiasm!” “Nothing is so contagious as enthusiasm.” —Samuel Taylor Coleridge 33. Leaders Are … in a Hurry “We don’t sell insurance We sell speed.” anymore. Peter Lewis, Progressive “Metabolic Management” 34. Leaders Focus on the SOFT STUFF! “Hard” is “soft.” “Soft” Is “hard.” 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.] The “Job” of Leading. 35. Leaders Know It’s ALL SALES ALL THE TIME. If you don’t LOVE SALES … find another life. (Don’t pretend you’re a “leader.”) 36. Leaders LOVE “POLITICS.” If you don’t LOVE POLITICS … find another life. (Don’t pretend you’re a “leader.”) All success is a Matter of implementation. All implementation is a matter of politics. 37. But … Leaders Also Break a Lot of China. Characteristics of the “Also rans”* “Minimize risk” “Respect the chain of command” “Support the boss” “Make budget” *Fortune, “Most Admired Global Corporations” 38. Leaders Give … RESPECT! “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 He was seriously interested in who you were and what you had to say.” college president. Source: Sara Lawrence-Lightfoot, Respect Amen! “What creates trust, in the end, is the leader’s manifest respect for the followers.” — Jim O’Toole, Leading Change 39. Leaders Say “Thank You.” “The deepest human need to be appreciated.” need is the William James FLOWER FLOWER POWER POWER 40. Leaders Are … Curious. The Three Most Important Letters … WHY? 41. Leadership Is a… Performance. “It is necessary for the President to be the No. 1 actor.” nation’s FDR 42. Leaders … Are The Brand “You must be the change you wish to see in the world.” Gandhi “It’s always showtime.” —David D’Alessandro, Career Warfare 43. Leaders … GREAT STORY! Have a “A key – perhaps the key – to leadership is the effective communication of a story.” Howard Gardner Leading Minds: An Anatomy of Leadership “Leaders don’t just make products and make decisions. Leaders make meaning.” – John Seely Brown Leader Job 1 Paint Portraits of Excellence! Introspection. 44. Leaders … Enjoy Leading. “Tom, you left out one thing …” 45. Leaders LAUGH! 46. Leaders … KNOW THEMSELVES. Individuals (would-be leaders) cannot engage in a liberating mutual discovery process unless they are comfortable with their own skin. (“Leaders” who are not comfortable with themselves become petty control freaks.) Questions: What do others think of you? [Are you sure?] What do you think of you? [Are you sure?] What is your impact on others? [Are you sure?] What is your impact on others? [Are you sure?] What is your impact on others? [Are you sure?] What are the “little things” you (perhaps unconsciously) do that cause people to shrivel—or blossom? [Are you sure?] What do you want? [Are you sure?] Are you aware of your changing moods? [Are you sure?] How fragile is your ego? [Are you sure?] Do you have a true confidant? [Are you sure?] Do you perform brief or not-so-brief self-assessments? Do you talk too much? [Are you sure?] Do you know how to listen? [Are you sure?] Do you listen? [Are you sure?] What is your style of “hashing things out”? Are you perceived as (a) arrogant, (b) abrasive (c) attentive, (d) genuinely interested in people, (e) etc? [Are you sure?] Are you flexible? Have you changed your mind about anything important in a while? Are you comfortable-uncomfortable with folks on the front line? Do you think you’re “in touch with the pulse of things around here”? [Are You Sure?] Are you too emotional/intuitive? Are you too unemotional/rational? Do you spend much time with people who are new to you? [Do you think questions like this are “so much BS”?] 47. But … Leaders have MENTORS. Upon having the Leadership Mantle placed upon one’s head, he/she never shall hear the unvarnished truth again!* (*Therefore, she/he needs one faithful compatriot to lay it on with no jelly.) The End Game. 48. Leaders are … RELENTLESS. “This [adolescent] incident [of getting from point A to point B] is notable not only because it underlines Grant’s fearless horsemanship and his determination, but also it is the first known example of a very important Grant had an extreme, almost phobic dislike of turning back and retracing his steps. peculiarity of his character: If he set out for somewhere, he would get there somehow, whatever the difficulties that lay in his way. This idiosyncrasy would turn out to be one the factors that made him such a formidable general. Grant would always, always press on—turning back was not an option for him.” —Michael Korda, Ulysses Grant Relentless: “One of my superstitions had always been when I started to go anywhere or not to turn back , or stop, to do anything, until the thing intended was accomplished.” —Grant “Success seems to be largely a matter of hanging on after others have let go.” —William Feather, author 49. Leaders ???: “Leadership is the PROCESS of ENGAGING PEOPLE in CREATING a LEGACY of EXCELLENCE.” “LEADERS NEED TO BE THE ROCK OF GIBRALTAR ON ROLLER BLADES.” 50. Leaders Free the Lunatic Within! The greatest danger for most of us is not that our aim is too high and we miss it, but that it is too low and we reach it. Michelangelo Kevin Roberts’ Credo 1. Ready. Fire! Aim. 2. 3. 4. 5. 6. 7. 8. 9. If it ain’t broke ... Break it! Hire crazies. Ask dumb questions. Pursue failure. Lead, follow ... or get out of the way! Spread confusion. Ditch your office. Read odd stuff. 10. Avoid moderation! “You can’t behave in a calm, rational manner. You’ve got to be out there on the lunatic fringe.” — Jack Welch 51. Leaders Relentlessly Pursue … Excellence “Excellence can be obtained if you: ... care more than others think is wise; ... risk more than others think is safe; ... dream more than others think is practical; ... expect more than others think is possible.” Source: Anon. (Posted @ tompeters.com by K.Sriram, November 27, 2006 1:17 AM) Excellence Is a Universal Striving. If Not Excellence, What? people power: talent The 50 “I have always believed that the purpose of the corporation is to be a blessing to the employees.” —Boyd Clarke 1. People First! “How to piss away $500,000 in one easy lesson!!” TP: < CAPEX > People! Our Mission To develop and manage talent; to apply that talent, throughout the world, for the benefit of clients; to do so in partnership; to do so with profit. WPP 2. “Soft” Is “Hard.” Excellence1982: The Bedrock “Eight Basics” 1. 2. 3. 4. 5. 6. 7. 8. A Bias for Action Close to the Customer Autonomy and Entrepreneurship Productivity Through People Hands On, Value-Driven Stick to the Knitting Simple Form, Lean Staff Simultaneous Loose-Tight Properties” 3. FUNDAMENTAL PREMISE: We Are in an Age of Talent/ Creativity/ Intellectual-capital Added. Agriculture Age (farmers) Industrial Age (factory workers) Information Age (knowledge workers) Conceptual Age (creators and empathizers) Source: Dan Pink, A Whole New Mind “Human creativity is the ultimate economic resource.” —Richard Florida, The Rise of the Creative Class 4. Talent “Excellence” in Every Part of Every Organization. Wegmans: #1/100 “Best Companies to Work for”/2005 5. Talent “Excellence” Stretches Far Beyond Our Borders. We become who we hang out with 1 Measure “Strangeness”/Portfolio Quality Staff Consultants Vendors Out-sourcing Partners (#, Quality) Innovation Alliance Partners Customers Competitors (who we “benchmark” against) Strategic Initiatives Product Portfolio (LineEx v. Leap) IS/IT Projects HQ Location Lunch Mates Language Board 6. P.O.T./ Pursuit Of Talent = OBSESSION. “The leaders of Great Groups love talent and know where to find it. They revel in the talent of others.” —Warren Bennis & Patricia Ward Biederman, Organizing Genius PARC’s Bob Taylor: “Connoisseur of Talent” 7. Talent Masters Understand Talent’s Intangibles. A Few Lessons from the Arts Each hired and developed and evaluated in unique ways (23 contributors = 23 unique contributions = 23 pathways = 23 personalities = 23 sets of motivators) Attitude/Enthusiasm/Energy paramount Re-lent-less! “Practice is cool” (G Leonard/Mastery) Team and individual Aspire to EXCELLENCE = Obvious Ex-e-cu-tion Talent = Brand = Duh “The Project” rules Emotional language Bit players. No. B.I.W. (everything) Delta events = Delta rosters (incl leader/s) 8. HR Is “Cool.” Chicago: HRMAC “support function” / “cost center” / “bureaucratic drag” or … Are you … “Rock Stars of the Age of Talent”? 9. HR Sits at The Head Table. A review of Jack and Suzy Welch’s Winning claims there are but two key differentiators that set GE “culture” apart from the herd: First: Separating financial forecasting and performance measurement. Performance measurement based, as it usually is, on budgeting leads to an epidemic of gaming the system. GE’s performance measurement is divorced from budgeting—and instead reflects how you do relative to your past performance and relative to competitors’ performance; i.e., it’s about how you actually do in the context of what happened in the real world, not as compared to a gamed-abstract plan developed last year. Putting HR on a par with finance and marketing. Second: 10. Re-name “HR.” Talent Department “H.R.” to “H.E.D.” ??? Human Enablement Department People Department Center for Talent Excellence Seriously Cool People Who Recruit & Develop Seriously Cool People Etc. 11. There Is an “HR Strategy”/ “HR Vision” EVP/ IBP?* What’s your company’s … *Employee Value Proposition, per Ed Michaels et al., The War for Talent; IBP/Internal Brand Promise per TP EVP/IBP = Remarkable challenge, rapid professional growth, respect, satisfaction, fun, stunning opportunity, exceptional reward, amazing peer group, full membership in Club Adventure, maximized future employability Source: Ed Michaels, The War for Talent; TP 12. Acquire for Talent! Omnicom's acquisitions: “not for “buying talent;” “deepen a size per se”; relationship with a client.” Source: Advertising Age 13. There Is a FORMAL Recruitment Strategy. “Busy Executives Fail To Give Recruiting Attention It Deserves” —Headline, WSJ, 1121.05 C O* *Chief talent acquisition Officer 14. There Is a FORMAL Leadership Development Strategy. Crotonville! DD: 0 to 60mph in a flash (months) 15. There Is a FORMAL STRATEGIC HR Review Process. “In most companies, the Talent Review Process is a farce. At GE, Jack Welch and his two top HR people visit each division for a day. They review the top 20 to 50 people by name. They talk about Talent Pool The Talent Review Process is a contact sport at GE; it has the intensity and the importance of the budget process at most companies.”—Ed Michaels strengthening issues. 16. “People”/ Talent” Reviews Are the FIRST Reviews. 17. HR Strategy = BUSINESS Strategy. Wegmans: #1/100 Best Companies to Work for 84%: Grocery stores “are all alike” 46%: additional spend if customers have an “emotional connection” to a grocery store rather than “are satisfied” (Gallup) “Going to Wegmans is not just shopping, it’s an event.” —Christopher Hoyt, grocery consultant “You cannot separate their strategy as a retailer from their strategy as an employer.” —Darrell Rigby, Bain & Co. Cirque du Soleil! 18. Make it a “Cause Worth Signing Up For.” “People want to be part of something larger than themselves. They want to be part of something they’re really proud of, that they’ll fight for, sacrifice for , trust.” —Howard Schultz, Starbucks (IBD/09.05) 19. Unleash “Their” Full Potential! “We are a ‘Life Success’ Company.” Dave Liniger, founder, RE/MAX “No matter what the situation, [the great manager’s] first response is always to think about the individual concerned and how things can be arranged to help that individual experience success.” —Marcus Buckingham, The One Thing You Need to Know 20. Set Sky High Standards. “The role of the Director is to create a space where the actors and become more than they’ve ever been before, more than they’ve dreamed of being.” actresses can —Robert Altman, Oscar acceptance speech 21. Enlist Everyone in Challenge Century21. “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 Distinct … … or Extinct 22. Pursue the Best! “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 —Ed Michaels, War for Talent 2 years.” 23. Up or Out. 24. Ensure that the Review Process Has INTEGRITY. 25 = 100* * “But what do I do that’s more important than developing people? I don’t do the damn work. They do.”—GK 25. Pay Up! “Top performing companies are two to four times more likely than the rest to pay what it takes prevent losing top performers.” to —Ed Michaels, War for Talent 26. Training I: Train! Train! Train! 27. Training II: 100% “Business People.” New Work SurvivalKit.2008 1. MASTERY! (Best/Absurdly Good at Something!) 2. “Manage” to Legacy (All Work = “Memorable”/“Braggable” WOW Projects!) 3. A “USP”/UNIQUE SELLING PROPOSITION 4. Rolodex Obsession (From vertical/hierarchy/“suck up” loyalty to horizontal/“colleague”/“mate” loyalty) 5. ENTREPRENEURIAL INSTINCT (A sleepless … Eye for Opportunity! 6.CEO/LEADER/BUSINESSPERSON/CLOSER (CEO, Me Inc. 24/7!) 7. Master of Improv (Play a dozen parts simultaneously, from Chief Strategist to Chief Toilet Scrubber) 8. Sense of Humor (A willingness to Screw Up & Move On) 9. Comfortable with Your Skin (Bring “interesting you” to work!) 10. Intense Appetite for Technology (E.g.: How Cool-Active is your Web site? Do you Blog?) 11. EMBRACE “MARKETING” (Your own CSO/Chief Storytelling Officer) 12. PASSION FOR RENEWAL (Your own CLO/Chief Learning Officer) 13. EXECUTION EXCELLENCE! (Show up on time! Leave last!) 28. Training III: 100% LEADERS. 29. Training IV: Boss as Trainerin-Chief. “Workout” = 24 DPY in the Classroom 30. Training V: The REAL Bedrock of the “Talent Thing.” “My wife and I went to a [kindergarten] parent-teacher conference and were informed that our budding refrigerator artist, Christopher, would be receiving a grade of Unsatisfactory in art. We were shocked. How could any child—let alone our child—receive a poor grade in art at such His teacher informed us that he had refused to color within the lines, which was a state requirement for demonstrating ‘grade-level motor skills.’ ” —Jordan Ayan, AHA! a young age? 31. Wide-open Communication: NO BARRIERS. “The organizations we created have become tyrants. They have taken control, holding us fettered, creating barriers that hinder rather than help our businesses. The lines that we drew on our neat organizational diagrams have turned into walls that no one can scale or penetrate or even peer over.” —Frank Lekanne Deprez & René Tissen, Zero Space: Moving Beyond Organizational Limits 32. RESPECT! “What creates trust, in the end, is the leader’s manifest respect for the followers.” — Jim O’Toole, Leading Change “Don’t belittle!” —OD Consultant 33. Embrace the Whole Individual. 34. Build Places of “Grace.” Rodale’s on “Grace” … elegance … charm … loveliness … poetry in motion … kindliness ... benevolence … benefaction … compassion … beauty The Manager’s Book of Decencies: How Small gestures Build Great Companies. —Steve Harrison, Adecco Servant Leadership —Robert Greenleaf One: The Art and Practice of Conscious Leadership —Lance Secretan, founder of Manpower, Inc. 35. MBWA: Visible Leadership! 36. Thank You! “Courtesies of a small and trivial character are the ones which strike deepest in the grateful and appreciating heart.” —Henry Clay 37. Promote for “people skills.” (THE REST IS DETAILS.) “When assessing candidates, the first thing I looked for was energy and enthusiasm for execution. Does she talk about the thrill of getting things done, the obstacles overcome, the role her people played —or does she keep wandering back to strategy or philosophy?” Bossidy, Honeywell/AlliedSignal, in Execution —Larry 38. Honor Youth. “Why focus on these late teens and twentysomethings? 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 39. Provide Early Leadership Assignments. The WOW! Project 40. Create a FORMAL System of Mentoring. W. L. Gore Quad/Graphics 41. Diversity! CM Prof Richard Florida on “Creative “You cannot get a technologically innovative place … unless it’s open to weirdness, eccentricity and difference.” Capital”: Source: New York Times/06.01.2002 42. WOMEN RULE. “AS LEADERS, WOMEN RULE: New Studies find that female managers outshine their male counterparts in almost every measure” TITLE/ Special Report/ BusinessWeek 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. —Judy B. Rosener, America’s Competitive Secret: Women Managers Period??!!* Start: 3 0f 14 18 months later: 10 of 18 (“deep dip”!) *AIM/September 2007 “Forget China, India and the Internet: Economic Growth Is Driven by Women.” —Headline, Economist, April 15, 2006, Leader, page 14 10 UNASSAILABLE REASONS WOMEN RULE Women make [all] the financial decisions. Women control [all] the wealth. Women [substantially] outlive men. Women start most of the new businesses. Women’s work force participation rates have soared worldwide. Women are closing in on “same pay for same job.” Women are penetrating senior ranks rapidly [even if the pace is slow for the corner office per se]. Women’s leadership strengths are exceptionally well aligned with new organizational effectiveness imperatives. Women are better salespersons than men. Women buy [almost] everything—commercial as well as consumer goods. So what exactly is the point of men? 43. Hire (& Protect!) Weird! “Are there enough weird people in the lab these days?” —V. Chmn., pharmaceutical house, to a lab director Why Do I love Freaks? (1) Because when Anything Interesting happens … it was a freak who did it. (Period.) (2) Freaks are fun. (Freaks are also a pain.) (Freaks are never boring.) (3) We need freaks. Especially in freaky times. (Hint: These are freaky times, for you & me & the CIA & the Army & Avon.) (4) A critical mass of freaks-in-our-midst automatically make us-who-are-not-so-freaky at least somewhat more freaky. (Which is a Good Thing in freaky times—see immediately above.) (5) Freaks are the only (ONLY) ones who succeed—as in, make it into the history books. (6) Freaks keep us from falling into ruts. (If we listen to them.) (We seldom listen to them.) (Which is why most organizations are in ruts. Make that chasms.) 44. We Are All Unique. One size NEVER fits all. One size fits Beware Standardized Evals: one. Period. “Never, ever again will I evaluate anyone using a standardized instrument devised by a “professional” in inhuman Resources.” Promise #1: 53 Players = 53 Projects = 53 different success measures. “Things don’t stay the same. You have to understand that not only your business situation changes, but the people you’re working with aren’t the same day to day. Someone is sick. Someone is having a wedding. [You must] gauge the mood, the thinking level of the team that day.” —Coach K [Krzyzewski] 220 workdays = 220 “rosters” Source: Coach K new goal … every game! Source: Coach K 45. Capitalize on Strengths. “The key difference between checkers and chess is that in checkers the pieces all move the same way, whereas in chess all the pieces move differently. … Discover what is unique about each person and capitalize on it.” —Marcus Buckingham, The One Thing You Need to Know “The mediocre manager believes that most things are learnable and therefore that the essence of management is to identify ach person’s weaker areas and eradicate them. The great manager believes the opposite. He believes that the most influential qualities of a person are innate and therefore that the essence of management is to deploy these innate qualities as effectively as possible and so drive performance.” —Marcus Buckingham, The One Thing You Need to Know 46. Bosses “Win People Over.” “Coaching is winning players over.” PJ: 47. GOAL: Voyages of Mutual Discovery. “The organization would ultimately win not because it gave agents more money, but because it gave them a chance for better lives.” —Everybody Wins, Phil Harkins & Keith Hollihan Quests! C O* *Chief quest-meister 48. Foster Independence. “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?’ ” Source: Stan Davis & Christopher Meyer, futureWEALTH 49. En- thus-iasm! “I am a dispenser of enthusiasm.” —Ben Zander 50. Talent = Brand. The Top 5 “Revelations” Better talent wins. Talent management is my job as leader. Talented leaders are looking for the moon and stars. Over-deliver on people’s dreams – they are volunteers. Pump talent in at all levels, from all conceivable sources, all the time. Source: Ed Michaels et al., The War for Talent BRAND = TALENT.