Mass Mutual Long #2

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LONG/482
Tom Peters’
EXCELLENCE.
ALWAYS.
MassMutual/Leaders Conference 2006
Washington/29July
Slides* at …
tompeters.com
*also “final” and “long #1”
“The [Union senior] officers rode past the
Confederates smugly without any sign
of recognition except by one. ‘When
General Grant reached the line of
ragged, filthy, bloody, despairing
prisoners strung out on each side of
the bridge, he lifted his hat and held it
over his head until he passed the last
man of that living funeral cortege. He
was the only officer in that whole train
who recognized us as being on the
face of the earth.’*”
*quote within a quote from diary of a Confederate soldier
The
Irreducible209+
A frustrated participant at a seminar for investment bankers in Mauritius listened
impatiently to my explanation of differences of opinion among me, Mike Porter,
“What,
if anything,” he asked,
“do you believe ‘for
sure’?”
Gary Hamel, Jim Collins, etc. Finally, he’d had enough.
I mumbled something, but his query started rumbling
around in my mind. Three days later, wandering on a Sunday in London, the idea of
“the irreducibles” occurred to
me—and I started jotting down notes on stuff I do indeed believe “for sure.” Before
I knew it, a few days later, the list had grown to 209 items. Hence “The
Irreducible209” that follows.
Tom Peters
The
Irreducible209+/
Sales122
EXCELLENCE.
THE BASICS.
This is not about …
“customer centrism”
“integrated marketing”
etc.
etc.
etc.
It is about …
It is about …
sellin’ a whole lotta stuff and
having customers go bananas
with love to the point that
they tell every damn friend they
have and then start buttonholing
strangers on trains and planes
and busses.
The “Age of”
Yikes!
THREE
BILLION NEW
CAPITALISTS
—Clyde Prestowitz
“There is no job that
is America’s God-given
right anymore.”
—Carly Fiorina/HP/January2004
“Deutsche Bank Moves Half of Its
Back-office Jobs to India”/
(500
of 900
Research)
headline/FT/0327
EXCELLENCE.
THE GENERAL’S
STORY. (AND
THE ADMIRAL’S)
“If you don’t like
change, you’re
going to like
irrelevance even
less.”
—General Eric Shinseki, Chief of Staff. U. S. Army
“[Other]
admirals more
frightened of
losing than anxious
to win”
Nelson’s secret:
EXCELLENCE.
THE MANDATE.
“It is not the strongest
of the species that
survives, nor the most
intelligent, but the
one most responsive
to change.”
—Charles Darwin
“The most
successful people
are those who
are good at plan B.”
—James Yorke, mathematician, on chaos theory
in The New Scientist
EXCELLENCE.
STARTERS.
Radio City Music Hall
September 2005
Franchise Lost!
TP:
“How many of you
[600]
crave
really
a new Chevy?”
NYC/IIR/061205
P.P.E.E.R.R.E.
People.
Product.
Execution.
Enthusiasm.
Relentless.
Re-invent.
Excellence.
People.
Product.
Execution.
Enthusiasm.
Relentless.
Re-invent.
Excellence.
EXCELLENCE.
THE WORD.
Synonyms
Purity
Transcendence
Virtue
Elegance
Majesty
Antonyms
Mediocrity
EXCELLENCE.
GAMECHANGER.
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”
ExIn*: 1982-2002/Forbes.com
DJIA: $10,000 yields $85,000
EI: $10,000 yields $140,050
*Forbes/Excellence Index /Basket of 32 publicly traded stocks
Them-Us
Tom Peters/0624.2006
“Them”
“Us”
Strategy
Planning
Marketing
Markets
Customers
Micro-segmentation
Cost minimization
Synergy/“Efficiencies”
“Strategic supplier
Process
Effectiveness
Men
Leadership
Standardization
Big clients
Prestigious Board
EXECUTION
Action
Selling/Sales
Customers
Clients
Big Stuff (Women, Boomers)
Revenue maximization
Decentralization
Pioneering supplier
Project
Excellence
Women
Management + Leadership
Exceptionalism (53 = 53)
COOL clients
INTERESTING Board
“Them”
Big
Growth by merger
Buy market share
Efficient, streamlined
“department”
Certainty-predictability
Fearful of losing
Plan
Careful evaluation
Revised plan
People/Employees
Effective HR department
Benchmark against the
“best”-“industry leader”
“Us”
Mid-size
Organic growth
Create NEW markets
Value-creating “PSF”
Ambiguity-opportunity
Aggressive pursuit
of winning
Prototype
Another prototype
Another prototype
Talent
Rockin’ Talent
Development Center
of Excellence
Benchmark against the
“coolest”
“Them”
“Us”
Benchmark
Orderly career progression
Head
IQ
“Professional”
Stoic, humble leaders
“Future”mark
“Up or Out” (PDQ)
Heart
EQ
Passionate
Noisy, emotional
“characters” in charge
Hire for intangibles
Relentless, pig-headed
determination
Teamwork and disruptive
individuals equal billing
Lead customers
Intimate-Seamless
customer inter-twining
Hire for Resume
Measured-thoughtful
approach
Teamwork comes first
Listen to customers
Customer “involvement”
“Them”
MBM (Management
by memo)
MBA
Shareholder Value
comes first
Work smart
Built to last
Reward successes
“Us”
MBWA
MFA
Great people-product rule
Work hard
Built to Rock the World
Reward (EXCELLENT)
failures
Design 1T
Innovation 1T
Jaw-dropping Experience
Quality first!
Quality first
High-quality
transaction
CVs demo consistent CVs feature Magic Moments
performance
Good grades
Cool stuff
Operational excellence World-rocking INNOVATION
“Them”
Brand
Best analysis wins
“Beyond politics”
Outsource
“Motivate”
“Motivate”
Measured language
Product-Service
Pastel
Better
“Mission success”
Very good
“Us”
Lovemark
Best STORY wins
Politics-is-life, the
rest is details
Bestsource
Send on QUESTS
Invite
HOT language
Gamechanging SOLUTION,
Thrilling EXPERIENCE,
DREAM come true,
LOVEMARK
Technicolor
Different
“Mission EXCELLENCE”
EXCELLENCE. ALWAYS.
good words.
Bad words.
Words that may NOT be
used in my presence:
“Motivate”
“Market”
Words that may NOT be used in
my presence: “Motivate” …
“Market” … “MBA” … “Plan”
(mostly) … “Worker” … “Job” …
“Task” … “Exceeds
expectations” … “HR” …
“Employee evaluation” … “Man”
(mostly)
… “Shareholder Value”
Words that MAY be used in my presence: “Invite”
… “Sell” (v. “Market”) … “People” (we’d
like to serve) (v. “Market segment”) … “Client” (v.
“Customer”) “OJT/MFA” (v. “MBA”) … “Act”/ “Execute”
(v. “Plan”) … “Talent” (v. “Worker”) …
“Quest”/“Adventure-in-EXCELLENCE” (v. “Job”) …
“Wow Project” (v. “Task”) … “Rockin’ (profit-makin’)
PSF” (v. “Department”) … “Theater” (v. “Office”) …
“Breathtaking Experience” (v. “Transaction” that “Exceeds
expectations”) … “Talent Fanatics Inc” (v. “HR”) …
“Brand You adventure” (v “Career development”)
“Annual Report development session” … (v.
“Employee evaluation”) … “Woman” (v. “Man”) …
(v. “Motivate”)
Words that MAY be used in my presence: …
“Wow!” (v. “Nice”) … “Bloody-minded”
(v. “Committed”) … “Thank you! (v. “____”) …
“Attack”/Innovate (v. “defend”/Entrench)
… “Great stuff. Great people. ‘Do it’
fanatics.” (v. “shareholder value”) …
“EXCELLENCE.
ALWAYS.”
(v. “Good work”)
(v. “shareholder value”)
Radically Thrilling Language!
“Radically
Thrilling.”
—BMW Z4 (ad)
EXCELLENCE.
ALWAYS.
“Why in the
world did
you go to
Siberia?”
The Peters
Principles: Enthusiasm.
Emotion. Excellence. Energy.
Excitement. Service. Growth.
Creativity. Imagination. Vitality.
Joy. Surprise. Independence.
Spirit. Community. Limitless
human potential. Diversity. Profit.
Innovation. Design. Quality.
Entrepreneurialism. Wow.
An emotional,
vital, innovative, joyful, creative,
entrepreneurial endeavor that
elicits maximum concerted
human potential in the
wholehearted service
of others.***
Business* ** (*at its best):
**Excellence. Always.
***Employees, Customers, Suppliers, Communities, Owners, Temporary partners
The
Ultimate
Business:
Creative
Endeavor.
The
Ultimate
Business:
Personal
DevelopmentGrowth
Experience.
The
Ultimate
Business:
Transcendent
Service
Opportunity.
EXCELLENCE.
YOU & ME.
“Work
on me
first.”
—Kerry Patterson,
Joseph Grenny, Ron McMillan and Al Switzler/Crucial Conversations
“In Tom’s world, it’s
always better to try a
swan dive and deliver a
colossal belly flop than
to step timidly off the
board while holding
your nose.”
—Fast Company /October2003
“This is the true joy of Life, the
being used for a purpose
recognized by yourself as a
mighty one … the being a force of
Nature instead of a feverish,
selfish little clod of ailments
and grievances complaining that
the world will not devote itself
to making you happy.”
—GB Shaw/Man and Superman
“Life is not a journey to the
grave with the intention of
arriving safely in a pretty and
well-preserved body—but
rather a skid in broadside,
thoroughly used up, totally
worn out, and loudly
proclaiming, ‘Wow, what
a ride!’ ” —anon.
EXCELLENCE.
INNOVATE.
OR. DIE.
Sluggish + Obese +
Unimaginative + More
Sluggish + More Obese +
More Unimaginative + Even
More Sluggish + Even More
Obese + Even More
Unimaginative = Nissan +
Renault + GM = Innovative
Challenger for Toyota????
“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
More than $$$$
#1 R&D
spending,
last 25 years?
GM
Market Share, Anyone?
— 240 industries: Marketshare leader is ROA leader
29% of the time
— Profit /ROA leaders:
“aggressively weed
out customers who
generate low returns”
Source: Donald V. Potter, Wall Street Journal
What “We” Know “For Sure” About Innovation
Big mergers [by & large] don’t work
Scale is over-rated
Strategic planning is the last refuge of scoundrels
Focus groups are counter-productive
“Built to last” is a chimera (stupid)
Success kills
“Forgetting” is impossible
Re-imagine is a charming idea
“Orderly innovation process” is an oxymoronic phrase
(= Believed only by morons with ox-like brains)
“Tipping points” are easy to identify …
long after they will do you any good
“Facts” aren’t
All information making it to the top is filtered
to the point of danger and hilarity
“Success stories” are the illusions of egomaniacs (and “gurus”)
If you believe the memoirs of CEOs you should be institutionalized
“Herd behavior” (XYZ is “hot”) is ubiquitous
… and amusing
“Top teams” are “Dittoheads”
CEOs have little effect on performance
“Expert” prediction is rarely better than rolling the dice
EXCELLENCE.
WANTING.
This is not a
“mature
category.”
This is an
“undistinguished
category.”
EXCELLENCE.
DRAMATIC.
DIFFERENCE.
DOABLE.
$415/SqFt/Wal*Mart
$798/SqFt/Whole
Foods
7X. 730A800P.
F12A.*
*’93-’03/10 yr annual return: CB: 29%; WM: 17%;
HD: 16%. Mkt Cap: 48% p.a.
“It’s simple, really,
Tom. Hire for s,
and, above all,
promote for s.”
—Starbucks middle manager/field
#1/100
“Best Companies to
Work for”/2005
Wegmans
EXCELLENCE.
#1T.
Donnelly’s
Weatherstrip
Service
Weymouth MA
EXCELLENCE.
#1T.
Cirque
du Soleil!
And the Winner is …
1. Audacity of Vision
2. Innovation/R&D/Design
3. Talent Acquisition &
Development
4. Resultant “Experience”
5. Strategic Alliances
6. Operations
7. Financial Management
8. Overall/Sustaining Excellence
9. “Wow!”
10. Lovemark!
Tattoo Brand: What %
of users would tattoo the
brand name on their body?
Top 10 “Tattoo Brands”*
Harley .… 18.9%
Disney .... 14.8
Coke …. 7.7
Google .... 6.6
Pepsi .... 6.1
Rolex …. 5.6
Nike …. 4.6
Adidas …. 3.1
Absolut …. 2.6
Nintendo …. 1.5
*BRANDsense: Build Powerful Brands through Touch,
Taste, Smell, Sight, and Sound, Martin Lindstrom
Synonyms
Purity
Transcendence
Virtue
Elegance
Majesty
Antonyms
Mediocrity
“A man without a
smiling face must not
open a shop.”
—Chinese Proverb
EXCELLENCE.
NO EXCUSES.
Summary:
WallopWal*Mart16*
*Or: Why it’s so absurdly easy
to beat a GIANT Company
The “Small Guys” Guide: Wallop Wal*Mart16
*Niche-aimed. (Never, ever “all things for all people,” a “miniWal*Mart.)
*Never attack the monsters head
niche business and lukewarm customers.)
on! (Instead steal
*“Dramatically
Different”
(La Difference ... within our
community, our industry regionally, etc … is as obvious as the end
of one’s nose!) (THIS IS WHERE MOST MIDGETS COME UP
SHORT.)
*Compete
on value/experience/intimacy, not
price. (You ain’t gonna beat the behemoths on cost-price in 9.99
out of 10 cases.)
*Emotional bond with Clients,
BIGGIES ON EMOTION/CONNECTION!!)
Vendors. (BEAT THE
The “Small Guys” Guide: Wallop Wal*Mart16
*Hands-on, emotional leadership. (“We are
a great & cool & intimate & joyful & dramatically
different team working to transform our Clients lives
via Consistently Incredible Experiences!”)
*A community star! (“Sell” local-ness per se.
Sell the hell out of it!)
*An
incredible experience, from the first
to last moment—and then in the followup! (“These guys are cool! They ‘get’ me! They love
me!”)
*DESIGN DRIVEN! (“Design” is a premier
weapon-in-pursuit-of-the sublime for small-ish
enterprises, including the professional services.)
The “Small Guys” Guide: Wallop Wal*Mart16
*Employer of choice. (A very cool, well-paid
place to work/learning and growth experience in at
least the short term … marked by notably progressive
policies.) (THIS IS EMINENTLY DO-ABLE!!)
*Sophisticated
use of information
technology. (Small-“ish” is no excuse for “small
aims”/execution in IS/IT!)
*Web-power! (The Web can make very small very
big … if the product-service is super-cool and one
purposefully masters buzz/viral marketing.)
*Innovative! (Must keep renewing and expanding
and revising and re-imagining “the promise” to
employees, the customer, the community.)
The “Small Guys” Guide: Wallop Wal*Mart16
*Brand-Lovemark* (*Kevin Roberts) Maniacs!
(“Branding” is not just for big folks with big budgets.
And modest size is actually a Big Advantage in
becoming a local-regional-niche “lovemark.”)
*Focus on
How stupid.)
women-as-clients. (Most don’t.
*Excellence! (A small player …
per me … has no right or reason to exist unless they
are in Relentless Pursuit of Excellence. One earns the
right—one damn day and client experience at a time!—
to beat the Big Guys in your chosen niche!)
What I’ve
Learned about
“Small Business”
Tom Peters
26June2006
Passion for PRODUCT.
OBSESSION With Product.
LOVE The Product.
Aim To Be “ONLY ONES WHO DO WHAT WE DO.”
Keep ADDIN’ Stuff.
Invest “UNWISELY” in R&D.
Reside Permanently In The DISCOMFORT Zone.
“Unhealthy” PARANOIA Is A Good Thing.
Add Clients That PUSH-PULL.
SELL. SELL. SELL. SELL.
Go For Broke: CUSTOMER CONTACT PEOPLE.
PERFECTION: Customer Contact People.
Hire for ATTITUDE.
INVITE On An Adventure.
GREAT CFO/Biz Guy-Gal.
NASTY CFO/Biz Guy-Gal.
QUADRANGULAR LEADERSHIP: Visionary-Talent
Fanatic-Project Manager-I.P.M. (I.P.M. = Inspired Profit Mechanic)
More @
Moore
GREAT Logo.
DESIGN!
“OVERDO” Marketing Materials.
WOMEN Roar. WOMEN Rule. WOMEN Buy.
Diversity = $$$$$$
Be RELENTLESS. Cut And RUN.
Product Includes-Features the PACKAGING.
Define Your DRAMATIC DIFFERENCE (R.P.O.V.8)
Best STORY Wins.
DRESS For Success.
First Goal: AMUSE Yourself.
Know YOURSELF.
DON’T Do Stuff You Hate.
“Over-invest” In RELATIONSHIPS.
(R.O.I.R.: Return On Investment in Relationships)
SYSTEMATICALLY “Manage” Relationships.
“Work” The SUPPORT PEOPLE In Client Orgs.
BLOG As If Your Life Depended On It.
SOPHISTICATED Use Of Infotech.
RESPONSE To Problems.
Make ’Em PAY.
CLOSE The Sale.
Invest BIGTIME In PR.
Media FRIENDLY.
Live-To-SCHMOOZE.
Fun/Laughter = $$$$
MBWA: Stay In Touch.
“You Must Be The Change You Wish
To See In The World”/GANDHI
5K For 5M.
Your CALENDAR Never Lies.
OUT: Pastels. IN: Technicolor
JUST SAY “NO” TO C.E.O.: CIO/Chief
Innovation Officer. CSO/Chief Sales Officer.
CWO/Chief Wow Officer
EXCELLENCE Is Very Cool.
“MICRO-MANAGE” Your Reputation.
Wear Your Integrity On Your SLEEVE.
KEEP Your Promises.
EXECUTION!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
“A Man Without A Smiling Face
MUST NOT Open His Shop.”
RECOGNITION!
Work HARD, Not Smart.
“Insanely Great.” THE STANDARD.
Tom/2006/Q97-Q100
Study more.
Renew more.
Tailor more.
Offer more.
Listen more.
Market more.
Practice more.
Challenge more.
Socialize more.
Smile more.
Follow-up more.
Plan execution more.
Cost control more.
“A man
without a
smiling face
must not open
a shop.”
—Chinese Proverb
“It’s always
showtime.”
—David D’Alessandro, Career Warfare
EXCELLENCE.
PITIFUL.
“Idiot” is
too kind a
word.
“That’s a very
diverse* team.”
—Patrick Cescau, CEO, Unilever**
*1 of 14 Board of Directors members is a woman
(not an exec); 2 of 7 Exec Team members
are … Indians. (Source: FT/24-25 June.)
**Approximately 85% of Unilever’s products
are purchased by … women.
“That’s a
VERY
diverse team.”
—Patrick Cescau, CEO, Unilever* **
*1 of 14 Board of Directors members is a woman
(not an exec); 2 of 7 Exec Team members
are … Indians. (Source: FT/24-25 June.)
**Approximately 85% of Unilever’s products
are purchased by … women.
85%
vs.
7%
(1 of 14)
“That’s a
VERY
sick man.”
—Tom Peters
EXCELLENCE.
PITIFUL.
????????
EXCELLENCE.
FOUND.
“To be a leader in
consumer products,
it’s critical to have
leaders who represent
the population we
serve.”
—Steve Reinemund/PepsiCo
EXCELLENCE.
AARGH.
Good Thinking, Guys!
“Kodak Sharpens Digital Focus
On Its Best Customers:
Women”
—Page 1 Headline/WSJ/0705
EXCELLENCE.
OPPORTUNITY.
“Women are
the majority
market”
—Fara Warner/The Power of the Purse
USA/F.Stats: Short ’n (Very) Sweet
>50% of stock ownership, $13T total wealth (2X in 15 years)
>$7T consumer & biz spending (>50% GDP; > Japan GDP);
>80% consumer spdg (Consumer = 70% all spdg)
57% BA degrees (2002); = ed & social strata, no wage gap
60% Internet users; >50% primary users of
electronic equipment
>50% biz trips
WimBiz: Employees > F500; 10M+: 33% all US Biz
Pay from 62% in 1980 to 80% today; equal if education,
social status, etc are equal
60% work; 46M (divorced, widowed, never married)
Source: Fara Warner, The Power of the Purse
The Perfect Answer
Jill and Jack buy
slacks in black…
1. Men and women are different.
2. Very different.
3. VERY, VERY DIFFERENT.
4. Women & Men have a-b-s-o-l-u-t-e-l-y
nothing in common.
5. Women buy lotsa stuff.
6. WOMEN BUY A-L-L THE STUFF.
7. Women’s Market = Opportunity No. 1.
8. Men are (STILL) in charge.
9. MEN ARE … TOTALLY, HOPELESSLY
CLUELESS ABOUT WOMEN.
10. Women’s Market = Opportunity No. 1.
“Women don’t buy
They
join them.”
brands.
EVEolution
2.6
vs.
10. Women’s
Market =
Opportunity
No. 1.
Fara Warner
Read.
This.
Book.
Damn it.
Cases!
McDonald’s (“mom-centered” to “majority consumer”; not
via kids)
Home Depot (“Do it [everything!] Herself”)
P&G (more than “house cleaner”)
DeBeers (“right-hand rings”/$4B)
AXA Financial
Kodak (women = “emotional centers of the household”)
Nike (> jock endorsements; new def sports; majority consumer)
Avon
Bratz (young girls want “friends,” not a blond stereotype)
Source: Fara Warner/The Power of the Purse
Faith, Lys, Marti, Fara …
Targeting the New
Professional Woman:
How to Market and Sell to
Today’s 57 Million
Working Women.
—Gerry Myers
EXCELLENCE.
OPPORTUNITY.
EXCELLENCE.
OPPORTUNITY.
Add It Up!
Doing it right (“Men buy things that other
men will buy for women. I buy things that women
want.”—successful jeweler/F)
Greater workforce/global
participation rate (“bigger contributor
to GDP growth than technology, China, India”)
Higher wages (more seniority,
promotions—even if not to CEO)
Women-owned businesses
(answer to the Glass Ceiling)
EXCELLENCE.
OPPORTUNITY.
2000-2010 Stats
18-44: -1%
55+: +21%
(55-64: +47% )
44-65: “New
Customer
Majority” *
*45% larger than 18-43; 60% larger by 2010
Source: Ageless Marketing, David Wolfe & Robert Snyder
“The New Customer
Majority is the only adult
market with realistic
prospects for significant
sales growth in dozens of
product lines for thousands
of companies.”
—David Wolfe & Robert Snyder,
Ageless Marketing
“Baby-boomer
Women: The
Sweetest of
Sweet Spots for
Marketers”
—David Wolfe and Robert
Snyder, Ageless Marketing
“WOMAN of the Year: She’s
the most powerful
consumer in America. And
as she starts to turn sixty
this month, the affluent baby
boomer is doing what she’s
always done—redefining
herself.” —Joan Hamilton, Town & Country, JAN06
“Sixty Is
the New
Thirty”
—Cover/AARP/11.03
EXCELLENCE.
OPPORTUNITY.
Women.
Women business owners.
Boomers-Geezers.
Single-adults (Urban)
Fastest growing demographic:
Single-person
Households (>50% in
London, Stockholm, etc)
Source: Richard Scase
% of homes purchased by
single women: 1981, 10%;
2005, 20%
% of homes purchased by
single men: 1981, 10%;
2005, 9%
Source: USA Today/02.15.06
EXCELLENCE.
OPPORTUNITY.
Women.
Women business owners.
Boomers-Geezers.
Single-adults (Urban)
The
Irreducible209
73.
74.
75.
76.
Exercise.
Paint. (Leader. Portraits of Excellence.)
Best story wins.
“You must be the change you wish
to see in the world.”
77. Two “big ones.” Max. (Priorities.)
78. No “I” in Team. (“I” in Win.)
79. “I” in Win. (No “I” in Team.)
Different 1,
Better 0.
80.
(Better = 0.1)
81. Imitation = Mistake. (Learn, from who?)
82. Choose/battle the “right” competitor.
83. Schools. Creativity. Entrepreneurship.
(Not.)
84. MBAs. Creativity. Entrepreneurship.
Leadership. (Not.)
85. Design. Under-rated. Wildly.
(Still.) (Everything.)
EXCELLENCE.
VALUE ADDED.
MasterCard
Advisors
I. LAN Installation Co.
II. Geek Squad.
(3%)
(30%.)
III. Acquired by BestBuy.
IV. Flagship of BestBuy
Wholesale “Solutions”
Strategy Makeover.
EXCELLENCE.
NO OPTION.
“ ‘Disintermediation’ is overrated. Those who fear
disintermediation should in fact be afraid of
irrelevance—disintermediation is just another way
you’ve become
irrelevant to your
customers.”
of saying that …
—John Battelle/Point/Advertising Age/07.05
Department Head
to …
Managing Partner,
IS [HR, R&D, etc.] Inc.
Answer:
Core Mechanism:
“Game-changing Solutions”
PSF
(Professional Service Firm “model”/The Organizing Principle)
+
Brand You
(“Distinct” or “Extinct”/The Talent)
+
Wow! Projects
(“Different” vs “Better”/The Work)
The “PSF35”:
Thirty-Five
Professional Service Firm
Marks of Excellence
The PSF35: The Work & The Legacy
1.
CRYSTAL CLEAR POINT OF VIEW
(E very Practice Group: “If you can’t explain your position in eight
words or less, you don’t have a position”—Seth Godin)
2. DRAMATIC DIFFERENCE (“We are the only ones who do what
we do”—Jerry Garcia)
3. Stretch Is Routine (“Never bite off less than you can chew”—anon.)
4. Eye-Appetite for Game-changer Projects (Excellence at Assembling
“Best Team”—Fast)
5. “Playful” Clients (Adventurous folks who unfailingly Aim to Change
the World)
6. Small “Uneconomic” Clients with Big Aims
7. Life Is Too Short to Work with Jerks (Fire lousy clients)
8. OBSESSED WITH LEGACY (Practice Group and Individual: “Dent the
Universe”—Steve Jobs)
9. Fire-on-the-spot Anyone Who Says, “Law/Architecture/Consulting/
I-banking/ Accounting/PR/Etc. has become a ‘commodity’ ”
10. Consistent with #9 above … DO NOT SHY AWAY FROM THE
WORD (IDEA) “RADICAL”
Point of
View!
R.POV8*
*Remarkable Point Of View/8 Words or less/“If you can’t state your
position in eight words or less you don’t have a position.”—SG
The PSF35: The People & The Leadership
18. TALENT FANATICS (“Best-Coolest place to work”) (PERIOD)
19. EYE FOR THE PECULIAR (Hiring: Go beyond “same old,
same old”)
20. Early Opportunities (vs. “Wait your turn”)
21. Up or Out (Based on “Legacy”/Mentoring as much as
“Billings”/“Rainmaking”)
22. Slide the Old Aside/Make Room for Youth (Find oldsters
new roles?)
23. TALENT IS OBSESSED WITH RENEWAL FROM DAY #1 TO
DAY #“R” [R = Retirement]
24. Office/Practice Leaders Evaluated Primarily on
Mentoring-Team Building Skills
25. A “PROPRIETARY” TALENT DEVELOPMENT PROCESS (GE)
26. Team Leadership Skills Valued Early
27. Partner with B.I.W. [Best In World] Outsiders as Needed
and to Infuse Different Views
The PSF35: The Firm & The Brand
28. EAT-SLEEP-BREATHE-OOZE INTEGRITY (“My life is
my message”—Gandhi)
29. Excellence+ in EXECUTION … 100.00% of the Time
(No such thing as a “small sins”/World Series Ring to
the Batboy!)
30. “Drop everything”/“Swarm” to Support a Harried-On
The Verge Team
31. SPEND AS AGGRESSIVELY ON R&D AS A TECH FIRM OR
CIRQUE DU SOLEIL
32. A PROPRIETARY METHODOLOGY (FBR, McKinsey, Chiat Day, IDEO,
old EDS)
33. Web (Technology) Obsession
34. BRAND/“LOVEMARK” MANIACS (Organize Around a Point
of View Worth BROADCASTING: “You must be the
change you wish to see in the world”—Gandhi)
35. PASSION! ENTHUSIASM! (Passion & Enthusiasm have as
much a place at the Head Table in a “PSF” as in a
widgets factory: “You can’t behave in a calm, rational
manner. You’ve got to be out there on the lunatic
fringe”—Jack Welch)
The PSF35: The Firm & The Brand
28. EAT-SLEEP-BREATHE-OOZE
is my message”—Gandhi)
INTEGRITY (“My life
29. Excellence+ in EXECUTION … 100.00% of the Time
30. “Drop everything”/“Swarm” to Support a Harried-On
The Verge Team
31. SPEND
ON R&D LIKE A TECH FIRM.
32. A PROPRIETARY METHODOLOGY (FBR, McKinsey,
Chiat Day, IDEO, old EDS)
33. BRAND
MANIACS (Organize Around a Point of View Worth
BROADCASTING)
34. PASSION!
35.
ENTHUSIASM!
EXCELLENCE. ALWAYS.
EXCELLENCE.
UP THE LADDER.
The Value-added Ladder/Stuff ‘n’ Things
Goods
Raw Materials
The Value-added Ladder/Stuff & Transactions
Services
Goods
Raw Materials
The Value-added Ladder/Opportunity-seeking
Gamechanging
Solutions
Services
Goods
Raw Materials
Answer:
The
Irreducible209
117. Negotiation. Make all winners.
(Save face.)
118. Grace makes enemies friends.
119. Network.
120.
Invest in relationships.
(Think ROIR. Return On
Investment in Relationships.)
118. Relationship investment. Forethought.
Calendar item. Intensity.
119. Innovation. Easy. (Hang out
with weird.)
120. Weird = Win. (Weird times.)
121. “The bottleneck is at the top
of the bottle.”
122. Good Board = Weird Board.
(At least, surprising.)
123. No contention, no progress.
EXCELLENCE.
UBIQUITOUS.
Trapper: <$20
per beaver pelt.
Source: WSJ
WDCP*: $150 to remove
“problem beaver”; $750-
$1,000 for
flood-control
piping … so that beavers can
stay.
* “Wildlife Damage-control Professional”
Source: WSJ
EXCELLENCE.
EXPERIENCE IT.
“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
“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
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
EXCELLENCE.
UP THE LADDER.
The Value-added Ladder/Memorable Connection
Spellbinding
Experiences
Gamechanging Solutions
Services
Goods
Raw Materials
EXCELLENCE.
DREAM IT.
DREAM: “A dream is a complete
moment in the life of a client.
Important experiences that tempt
the client to commit substantial
resources. The essence of the
desires of the consumer. The
opportunity to help clients
become what they want to be.”
—Gian Luigi Longinotti-Buitoni
EXCELLENCE.
UP THE LADDER.
The Value-added Ladder/Emotion
Dreams Come True
Spellbinding Experiences
Gamechanging Solutions
Services
Goods
Raw Materials
Furniture vs. Dreams
“We do not sell ‘furniture’ at Domain.
We sell dreams. This is
accomplished by addressing the halfformed needs in our customers’
heads. By uncovering these needs,
we, in essence, fill in the blanks. We
convert ‘needs’ into ‘dreams.’
Sales are the inevitable
result.”
— Judy George, Domain Home Fashions
EXCELLENCE.
LOVE IT.
Kevin Roberts:
Lovemarks!
Tattoo Brand: What %
of users would tattoo the
brand name on their body?
Top 10 “Tattoo Brands”*
Harley .… 18.9%
Disney .... 14.8
Coke …. 7.7
Google .... 6.6
Pepsi .... 6.1
Rolex …. 5.6
Nike …. 4.6
Adidas …. 3.1
Absolut …. 2.6
Nintendo …. 1.5
*BRANDsense: Build Powerful Brands through Touch,
Taste, Smell, Sight, and Sound, Martin Lindstrom
EXCELLENCE.
THE STORY.
“Storytelling
is the core
of culture.”
—Branded Nation: The Marketing of Megachurch,
College Inc., and Museumworld, James Twitchell
Market Power =
Story Power
EXCELLENCE.
LEADING.
C
*Chief e
O*
Xperience Officer
C
*Chief Dream Merchant
C
O*
*Chief Festivals Officer
C
O*
*Chief Conversations Officer
C
O*
*Chief Seduction Officer
C
O*
*Chief Lovemark Officer
C
*Chief Portal Impresario
C
O*
*Chief WOW Officer
C
O*
*Chief Storytelling Officer
C
*Chief
O*
Revenue
Officer
EXCELLENCE.
BONUS.
Flower
Power!
London circa 1976: “You can’t
build a ‘real economy’ on
services, finance,
advertising, etc.”
London circa 2006: deliberately
aims to be the “capital of
the 21st century”
The
Irreducible209
163. Own up. Quick. ( Denial. Cancer.)
Celebrate. Often.
165. 78 people = 78 approaches. (Each. Unique.)
164.
166. Weed. Ceaselessly. (Prune. Stupid.
Rules. Non-stop.)
167.
Get out of the way.
(You = The problem.)
168. Smile. Sunny. Optimism. (If it kills you.)
169. Flowers. (Cheery workplace.)
170. Enjoy. (Or get the hell.)
171.
Be intolerant of “sour.”
(1 = Major pollution)
172. No “quick trigger” on promotion.
(Too important.)
173. Evaluation = Lots of study-time.
174. Evaluation = “Life or death” to evaluee.
175. “360” evaluation. No fad.
176.
Exit when you’re done. (Done.
Sooner than you think.)
EXCELLENCE.
BEDROCK.
“Management has a lot to do with
answers. Leadership is a function of
questions. And the first question for a
‘Who do
we intend to be?’
leader always is:
Not ‘What are we going to do?’ but
‘Who do we intend to be?’”
—Max De Pree, Herman Miller
EXCELLENCE.
PASSION.
“Nothing is so
contagious as
enthusiasm.”
—Samuel Taylor Coleridge
EXCELLENCE.
BEDROCK.
Brand =
Talent.
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.”
Leadership’s Mt Everest/Mt Excellence
“free to do his or her
absolute best” …
“allow its members to
discover their
greatness.”
“The role of the Director
is to create a space
where the actor or
actress can become
more than they’ve ever
been before, more than
they’ve dreamed of
being.” —Robert Altman, Oscar acceptance
C
O*
*Chief quest-meister
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
“Leaders
‘do’ people.
Period.”
—Anon.
From
sweaters to …
Les Wexner:
people!
“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”
EXCELLENCE.
BY INVITATION.
“In the end, management
doesn’t change culture.
Management
invites
the workforce itself to
change the culture.”
—Lou Gerstner
“Most important, leaders can
conceive and articulate goals
that lift people out of their
petty preoccupations … and
unite them in pursuit of
objectives worthy of their
best efforts.” —John Gardner, No Easy
Victories (from Warren Bennis, On Becoming a Leader)
EXCELLENCE.
WOMEN.
RULE.
LEADERSHIP
SKILLS.
Women’s Negotiating Strengths
*Ability to put themselves in their
counterparties’ shoes
*Comprehensive, attentive and detailed
communication style
*Empathy that facilitates trust-building
*Curious and attentive listening
*Less competitive attitude
*Strong sense of fairness and ability to persuade
*Proactive risk manager
*Collaborative decision-making
Source: Horacio Falcao, Cover story/May 2006, World Business, “Say It Like
a Woman: Why the 21st-century negotiator will need the female touch”
“AS
LEADERS,
WOMEN
RULE:
New Studies find that
female managers outshine their male
counterparts in almost every measure”
Title, Special Report/BusinessWeek
Women
Dominate
Economic
Growth.
“Forget China,
India and the
Internet: Economic
Growth Is Driven
by Women.”
—Headline, Economist,
April 15, 2006, Leader, page 14
“Forget China, India and the
Internet: Economic Growth Is
Driven by Women.” [Headline.] “Even today in the
modern, developed world, surveys show that parents still prefer
to have a boy rather than a girl. One longstanding reason boys
have been seen as a greater blessing has been that they are
expected to become better economic providers for their parents’
old age. Yet it is time for parents to think again. Girls may now
be a better investment.” “Girls get better grades in school than
boys, and in most developed countries more women than men
go to university. Women will thus be better equipped for the
new jobs of the 21st century, in which brains count a lot more
than brawn. … And women are more likely to provide sound
advice on investing their parents’ nest—e.g.: surveys show that
women consistently achieve higher financial returns than men
do. Furthermore, the increase in female employment in the rich
world has been the main driving force of growth in the last
couple of decades. Those women have contributed more to
global GDP growth than have either new technology or the
new giants, India and China.”
Source: Economist, April 15, Leader, page 14
“A Guide to Womenomics:
The Future of the World Economy Lies
Increasingly in Female Hands.” (Headline.) More
Continuing on page 73:
stats: Around the globe since 1980, women have filled “two
new jobs for everyone taken by a man.” “Women are
becoming more important in the global marketplace not just
as workers, but also as consumers, entrepreneurs, managers
and investors.” Re consumption, Goldman Sachs in Tokyo has
developed an index of 115 companies poised to benefit from
women’s increased purchasing power; over the past decade
the value of shares in “Goldman’s basket has risen by 96%,
against the Tokyo stockmarket’s rise of 13%.” A couple of
final assertions: (1) It is now agreed that “the single best
investment that can be made in the developing world” is
educating girls. (2) Also, surprisingly, nations with the highest
female laborforce participation rates, such as Sweden and the
U.S., have the highest fertility rates; and those with the lowest
participation rates, such as Italy and Germany, have the
lowest fertility rates.
Source: Economist, April 15, page 73
“Goldman Sachs in Tokyo has
developed an index of 115
companies poised to benefit from
women’s increased purchasing
power; over the past decade the
value of shares in Goldman’s
basket has risen by 96%, against
the Tokyo stockmarket’s rise of
13%.” —Economist, April 15
Women
Dominate
Economic
Growth.
Impact! Add It Up!
Primary markets/Everything
(“Men buy
things that other men will buy for women. I buy things that women want.”—
successful jeweler/F. “Women are the majority market” —Fara Warner/The
Power of the Purse. Women as Purchasing Officers, CIOs, etc.)
Greater global workforce
participation rate (“bigger contributor to GDP
growth than technology, China, India”—Economist)
Higher wages
(more seniority, promotions—even if not to
CEO; greater pay equity—even if not equal)
Business “decision makers”
(more
seniority, promotions—even if not to CEO)
Women-owned businesses
(answer to the
Glass Ceiling—10.6M in USA; recipients of “micro-lending”—developing
world)
EXCELLENCE.
INDIVIDUAL.
BRAND YOU.
Core Mechanism:
“Game-changing Solutions”
PSF
(Professional Service Firm “model”/The Organizing Principle)
+
Brand You
(“Distinct” or “Extinct”/The Talent)
+
Wow! Projects
(“Different” vs “Better”/The Work)
12January2006
th,
Happy 300
Brand You!
Health
Wash your hands.
Apply #50 sunscreen.
Banish trans fat
Banish high fructose corn syrup.
Exercise “30-7.”
Breathe.
Stockpile for H5N1.* (*not Tamiflu!)
Avoid hospitalization.
Take charge of your health.
Quality!
Prevention!
Wellness!
Chronic care!
Childhood obesity!
H5N1!
Childhood
Obesity >
Terrorism
Bust
fat docs!
“Sanitary revolution”:
mortality in major cities
down
55%
between 1850 and 1915
Source: Tom Farley & Deborah Cohen, Prescription for a Healthy Nation
“If God spoke to me by saying, ‘Mark, you’re down to
your last three words: What would you want to say to
your fellow humans that would make the most positive
impact?’ It would be a close call between Love Thy
Wash Your
Hands .
Neighbor and
A close third would be Move,
Move, Move.”
—Mark Pettus, M.D., The Savvy Patient
“The most important thing you can do to keep
from getting sick is to
hands. ”
wash your
—CDC/National Center for Infectious Diseases
EXCELLENCE.
BEDROCK.
X.Step #1:
Buy a Mirror!
“The First step in a
‘dramatic’ ‘organizational
change program’ is
obvious—dramatic personal
change!” —RG
“Work
on me
first.”
—Kerry Patterson,
Joseph Grenny, Ron McMillan and Al Switzler/Crucial Conversations
“You must
be
the change you wish
to see in the world.”
Gandhi
“To change minds effectively,
leaders make particular use
of two tools: the stories that
they tell and the lives that
they lead.” —Howard Gardner, Changing Minds
EXCELLENCE.
REVENUE.
MATTERS.
MOST.
“Analysts … preferred cost cutting, as long as
they could see two or three years of EPS growth. I preached revenue
and the analysts’ eyes would glaze over. Now revenue is ‘in’ because
They
said, ‘Oh my gosh, you
need revenues to grow
earnings over time.’
Well, Duh!”
so many got caught, and earnings went to hell.
—Dick Kovacevich, Wells Fargo
EXCELLENCE.
SALES.
This is not about …
“customer centrism”
“integrated marketing”
etc.
etc.
etc.
It is about …
… sellin’ a whole lotta stuff and
having customers go bananas
with love to the point that
they tell every damn friend they
have and then start buttonholing
strangers on trains and planes
and busses.
M.I.A.*: Talk. (Present.) Listen. (Interview.)
Sell.
(Life = Sales.)
Do. (Execution-
Talent. (Recruit-Develop-Retain.) Project
Management. (Create. Solicit support. Execution.
Adoption-Client “Culture Change.”) Product. (“It.”)
Innovation. (Design. Creativity. “Buzz-building.” Politics.)
Leadership. (USMA, etc.) E.Q. (Connect.)
“Culture” Change. (Lasting impact.) Diversity.
(Cross-cultural Effectiveness.) Career Creation. (Brand
You life-lifestyle.) Wellness. (Life.)
Implementation.)
*B.Schools (“M.I.A.” or at most “B.I.A.”—barely in action)
“Everyone
lives by selling
something.”
.
– Robert Louis Stevenson
Sell
Sell
“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
TP.27 …
on Selling
(Short) (Personal)
Out-prepare!! (huge time commitment!)
Learn the “culture”
Practice!
Care-Empathy
Listen-Empathetic listening (SC)
“Listen”-Body language
K.I.S.S. (1-page summary. 1 = 1.)
Enthusiasm-ENERGY-“Authenticity”!!
OBVIOUS belief in product
Selling: Solution-Success-Experience-Dream come true-Love-Dramatic Difference
Selling: Better STORY! (“Best story wins”)
Selling: Yourself! (Brand you)
“Obvious” Wow!
No exaggeration!
Spell out commitments!
SIMPLE timeline
Sell “inside”-First! Thorough!
Relationships-“Way down”!!
Time!!!! (E.g., build trust)
Ooze integrity
Introduce to rest of team, esp. “mechanics”
SBWA (5K for 5M)
Remember: Close!
Gotta-make-a-profit (be ready to walk away!)
“Good loss”
Don’t dis competitors!!
Make her-him-target SUCCESSFUL (in a personal way)
C(I)>C(X)
“It’s always
showtime.”
—David D’Alessandro, Career Warfare
motivational
stuff
“Do one thing
every day that
scares you.”
—Eleanor Roosevelt
Stop
Doing
It!
“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
Paul Arden,
Whatever You Think
Think the Opposite
“ARE YOU BEING
REASONABLE? Most people
are reasonable; that’s
why they only do
reasonably well.”
Source: Paul Arden, Whatever You Think Think the Opposite
“The best piece of advice ever given
was by the art director of Harper’s
Bazaar, Alexey Brodovitch, to the
young Richard Avedon, destined to
become one of the world’s great
photographers. The advice was
simple: ‘ASTONISH ME.’ Bear these
words in mind, and whatever you do
will be creative.”
Source: Paul Arden, Whatever You Think Think the Opposite
BONUS
Stating the Obvious:
THE PROBLEM IS
RARELY THE
PROBLEM.
THE PROBLEM IS
RARELY/NEVER THE
PROBLEM. THE
RESPONSE TO THE
PROBLEM INVARIABLY
ENDS UP BEING THE
REAL PROBLEM.* **
*Watergate, M Stewart, BR
**And: PERCEPTION IS ALL THERE IS!
OFTEN AS
NOT/MORE OFTEN
THAN NOT THE
UNDERLYING
PROBLEM IS NOT
MUCH OF A
PROBLEM.
PERCEPTION
IS ALL THERE
IS. PERIOD.*
*From Whole Foods to IBM to the corner deli
THERE
ONCE WAS A TIME WHEN
A THREE-MINUTE PHONE
CALL WOULD HAVE
AVOIDED SETTING OFF
THE DOWNWARD SPIRAL
THAT RESULTED IN A
COMPLETE RUPTURE.
Relationships
(of all varieties):
POWER WORDS!
“I’m sorry.”
Sorting Out a Problem/
Misunderstanding with an e-mail:
Don’t delay!
It’s the effort that counts (Long>Short)
Get personal (“authentic”—yuck)
FLAT OUT APOLOGIZE (no equivocality)
Take more blame than you “deserve”
Stating the Obvious:
MORE POWER
WORDS/IDEAS
Thank
You!
MBWA*
*5,000 miles for a 5-minute face-to
-face meeting (courtesy superagent Mark McCormick)
Say it with …
FLOWERS
POWER IDEAS!
You must care.
—General Melvin Zais
The
Irreducible209
188. Handshake. (Quantity. Quality.)
189. Don’t fold your hands in front of
your chest. Ever. (Never.)
190. Simplicity. Redundancy. Resilience.
Bloody-mindedness. Visible
optimism. (Success.) (Repeat.)
Employee Entrance =
Guest Entrance.
192. Put the customer SECOND.
191.
(Thanks, Hal.)
193. Flowers. (Or did I say that before?
No matter if I did.)
194. Big Mergers don’t work. Small
acquisitions can/do work—if you
don’t screw with their energy.
EXCELLENCE.
4/40.
De-central-iza-tion!
Ex-ecu-tion!
“We have a
‘strategic plan.’
It’s called doing
things.”
— Herb Kelleher
“Execution is
the job of the
business
leader.”
—Larry Bossidy & Ram Charan/
Execution: The Discipline of Getting Things Done
“Execution is a
systematic
process
of rigorously
discussing hows and whats, tenaciously
following through, and ensuring
accountability.”
—Larry Bossidy & Ram Charan/ Execution: The Discipline of Getting Things Done
“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 No. 5. By the time our rivals are ready
with wires and screws, we are on version
It gets back to planning
versus acting: We act from day
one; others plan how to plan—
for months.” —Bloomberg by Bloomberg
No. 10.
“We have a
‘strategic plan.’
It’s called doing
things.”
— Herb Kelleher
“This is so simple it sounds stupid, but it is amazing
you
only find oil if you
drill wells.
how few oil people really understand that
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
A man approached JP Morgan, held up an envelope, and said, “Sir, in
my hand I hold a guaranteed formula for success, which I will gladly
sell you for $25,000.”
“Sir,” JP Morgan replied, “I do not know what is in the envelope,
however if you show me, and I like it, I give you my word as a
gentleman that I will pay you what you ask.”
The man agreed to the terms, and handed over the envelope.
JP Morgan opened it, and extracted a single sheet of paper.
He gave it one look, a mere glance, then handed the piece of paper
back to the gent.
And paid him the
agreed-upon $25,000 …
1. Every morning, write a
list of the things that
need to be done that day.
2.
Do them.
Source: Hugh MacLeod/tompeters.com/NPR
“Never forget
implementation
boys. In our work it’s
what I call the
‘missing 98
percent’ of the client
puzzle.”
—Al McDonald
Ac-counta-bil-ity!
“Realism is
the heart of
execution.”
—Larry Bossidy & Ram Charan/Execution:
The Discipline of Getting Things Done
“robust
dialogue”
—Larry Bossidy & Ram Charan/ Execution:
The Discipline of Getting Things Done
“GE has set a standard
of candor. … There is no
puffery. … There isn’t an
ounce of denial in the
place.” —Kevin Sharer, CEO Amgen,
on the “GE mystique” (Fortune)
6:15A.M.
????????
Work Hard >
Work Smart
EXCELLENCE.
LEADING.
Leadership23
Leadership23
1. Enthusiasm. Energy. Exuberance.
2. Action. Execution.
3. Tempo. Metabolism.
4. Relentless.
5. Master of Plan B.
6. Accountability.
7. Meritocracy.
8. Leaders “do” people. Mentor. (“Success creation business.”)
9. Women. Diversity.
10. Integrity. Credibility. Humanity. Grace.
11. Realism.
12. Cause. Adventures. Quests.
13. Legacy.
14. Best story wins.
15. On the edge. (“Wildest chimera of a moonstruck mind.”)
16. “Reward excellent failures. Punish mediocre successes.”
17. Different > Better. (“Only ones who do what we do.”)
18. MBWA. Customer MBWA.
19. Laughs.
20. Repot. Curiosity. Why?
21. You = Calendar. “To Don’t.” Two.
22. Excellence. Always.
23. Nelsonian! (“Other admirals more afraid of losing
than anxious to win.”)
Kevin Roberts’ Credo
1. Ready. Fire! Aim.
2. If it ain’t broke ... Break it!
3. Hire crazies.
4. Ask dumb questions.
5. Pursue failure.
6. Lead, follow ... or get out of the way!
7. Spread confusion.
8. Ditch your office.
9. Read odd stuff.
10. Avoid moderation!
Sir Richard’s Rules:
Follow your passions.
Keep it simple.
Get the best people to help you.
Re-create yourself.
Play.
Source: Fortune on Branson
EXCELLENCE.
DETERMINATION.
The “D-File”:
DETERMINATION
DE-TERMIN-ATION
Or: The “B-File” …
BLOODYMINDEDNESS
BLOOD-YMIND-EDNESS
Bloodyminded:
Unreasonably
stubborn
Source: The Random House Dictionary of the English Language
6:15A.M.
“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 peculiarity of his character:
Grant had an extreme,
almost phobic dislike of
turning back and retracing
his steps. 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
“One of my superstitions
had always been when I
started to go anywhere
or to do anything, not to
turn back, or stop, until
the thing intended was
accomplished.” —Grant
Source LEE KENNETT’s SHERMAN
“This is the true joy of Life, the
being used for a purpose
recognized by yourself as a
mighty one … the being a force of
Nature instead of a feverish,
selfish little clod of ailments and
grievances complaining that the
world will not devote itself to
making you happy.” —GB Shaw/
Man and Superman
“It’s always
showtime.”
—David D’Alessandro, Career Warfare
“Whenever anything is
being accomplished, I
have learned, it is being
done by a monomaniac
with a mission.” —Peter Drucker
"The reasonable man adapts
himself to the world. The
unreasonable one persists in
trying to adapt the world to
himself. Therefore, all
progress depends upon the
unreasonable man.” —GB Shaw,
Man and Superman: The Revolutionists' Handbook.
Charles Handy on the “Alchemists”
“Passion was what drove
these people, passion for
their product or their cause.
If you
care enough, you will find out what you need to know.
Or you will experiment and not worry if the experiment
Passion
goes wrong.
as the secret to learning
is an odd secret to propose, but I believe that it works
passion
at all levels and at all ages. Sadly,
is
not a word often heard in the elephant organizations,
nor in schools, where it can seem disruptive.”
“I’m looking
for insane
commitment.”
—Twyla Tharp, The Creative Habit
“The role of the Director
is to create a space
where the actor or
actress can become
more than they’ve ever
been before, more than
they’ve dreamed of
being.” —Robert Altman, Oscar acceptance
HTSH: Engage!*
Commit! Engage! Try! Fail! Get up! Try
again! Fail again! Try again! But never,
ever stop moving on! Progress for
humanity is engendered by those who join
and savor the fray by giving one hundred
percent of themselves to their dreams!
Not by those timid souls who remain
glued to the sidelines, stifled by tradition,
and fearful of losing face or giving offense
to the reigning authorities.
Key words: Commit! Engage! Try! Fail! Persist!
*HTST/Hands That Shape Humanity, Tom Peters’ contribution to a Bishop Tutu exhibit
“You want ‘checklists.’ I
instead offer you a ‘guaranteed’
‘formula’: Passion.
Bloodymindedness
Enthusiasm.
[as contrasted with
Relentlessness. A
demonic need to make ‘it’
happen.” —TP
mere ‘determination’].
“You say ‘But there are
‘naysayers.’ I say: “Get a life.” I
offer an-the answer: Passion.
Bloodymindedness
Enthusiasm.
[as contrasted with
mere ‘determination’ … ‘commitment’ … ‘purposefulness’].
Relentlessness. A demonic need
to make ‘it’ happen.” —TP
“You say ‘But there are
‘naysayers.’ I say: “Get a life. If
it’s important there are always
Naysayers.” I say: Passion.
Bloodymindedness
Enthusiasm.
[as contrasted with
Relentlessness. A
demonic need to make ‘it’
happen.” —TP
mere ‘determination’].
“My only goal is to
have no goals. The
goal, every time, is
that film, that very
moment.”
—Bernardo Bertolucci
“Nothing is so
contagious as
enthusiasm.”
—Samuel Taylor Coleridge
Nelson.
Grant.
Churchill.
Geronimo!
“Life is not a journey to the
grave with the intention of
arriving safely in a pretty and
well-preserved body—but
rather a skid in broadside,
thoroughly used up, totally
worn out, and loudly
proclaiming, ‘Wow,
what a ride!’ ” —anon.
"Life is not a journey to the
grave with the intention of
arriving safely in one pretty
and well preserved piece, but
to skid across the line
broadside, thoroughly used
up, worn out, leaking oil,
shouting ‘GERONIMO!’ ”
—Bill McKenna, professional motorcycle racer
(Cycle magazine 02.1982)
"The object of life's
journey is not to arrive at
the grave safely in a well
preserved body, but rather
to skid in sideways, totally
worn out, shouting, 'Holy
____, What a
Ride!!!’ ”
—Mavis Leyrer
(feisty OCTOGENARIAN, living in Seattle)
EXCELLENCE:
MANAGEMENT
VERSUS (??)
LEADERSHIP
RIGHT
THINGS.
THINGS
RIGHT.
Not!
“Leadership is doing
the right things.
Management is doing
things right.”
—WB et al.
So What???????
MANAGERS “do things
right”
LEADERS “do the right
things”
The Twain SHALL Meet!
Leadership: Invite
Associates/Colleagues/Talent to
join a Gaspworthy Adventure in
EXCELLENCE which will provide
matchless Personal and Professional
Growth and be of Dramatically
Different Service
to selected Clients
Management:
Do it!
LEADERSHIP (Eternal!):
Invigorate a sizeable # of
people to Aspire to Excellence
in pursuit of a Common
(Noble) Goal that revolves
around service-of-exceptionalvalue to Clients
“Leadership” v. “Management”
“In [President Bush’s] belief
that America needed to
respond resolutely to the
dangers of terrorism, tyranny
and proliferation, he was mainly
right. His chief failures stem
from incompetent execution.”
—The Economist/05.13.2006
DRUCKER’S GREAT
CONTRIBUTION: management
per se as a/the principal
determinant of institutional
effectiveness
“Never forget
implementation boys.
In our work it’s what I
call the ‘missing 98
percent’ of the client
puzzle.” —Al McDonald, former Managing Director,
McKinsey & Co, to a project team that included TP
“This is so simple it sounds stupid, but it is amazing
you
only find oil if you
drill wells.
how few oil people really understand that
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
You only find
oil if you
drill wells.
Source: The Hunters, by John Masters, Canadian O & G wildcatter
“We have a
‘strategic plan.’
It’s called doing
things.”
— Herb Kelleher
“The most
successful people
are those who
are good at plan B.”
—James Yorke, mathematician, on chaos theory
in The New Scientist
“We made mistakes. 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 No. 5. By the time our rivals are
ready with wires and screws, we are on
version
No. 10. It gets back to
planning versus acting: We
act from day one; others plan
how to plan—for months.”
—Bloomberg by Bloomberg
“If things seem
under control, you’re
just not going fast
enough.”
—Mario Andretti
“[Other]
admirals more
frightened of
losing than anxious
to win”
Nelson’s secret:
“A year from now
you may wish
You had
started today.”
—Karen Lamb
EXCELLENCE.
STRETCH.
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
EXCELLENCE.
KABOOM.
“Beware of the tyranny
of making Small Changes
to Small Things. Rather,
make Big Changes to
Big Things.”
—Roger Enrico, former Chairman, PepsiCo
Five MYTHS About Changing Behavior
*Crisis is a powerful impetus for change
*Change is motivated by fear
*The facts will set us free
*Small, gradual changes
are always easier to
make and sustain
*We can’t change because our brains become
“hardwired” early in life
Source: Fast Company/05.2005
EXCELLENCE.
TRANSCENDENCE.
THRILLS.
Radically Thrilling Language!
“Radically
Thrilling.”
—BMW Z4 (ad)
C
O*
*Chief Thrills Officer
Synonyms
Purity
Transcendence
Virtue
Elegance
Majesty
Antonyms
Mediocrity
C
O*
*Chief Transcendence Officer
EXCELLENCE.
WOW. NOW.
“It’s always
showtime.”
—David D’Alessandro, Career Warfare
C
O*
*Chief WOW Officer
C
*Chief
O
!
Officer
EXCELLE
ALWAYS
“It’s always
showtime.”
—David D’Alessandro, Career Warfare
Bonus
The
Irreducible209+/
Sales122/60TIBs
Tom Peters/0607.2006
The
Irreducible209
A frustrated participant at a seminar for investment bankers in Mauritius listened
impatiently to my explanation of differences of opinion among me, Mike Porter,
“What,
if anything,” he asked,
“do you believe ‘for
sure’?”
Gary Hamel, Jim Collins, etc. Finally, he’d had enough.
I mumbled something, but his query started rumbling
around in my mind. Three days later, wandering on a Sunday in London, the idea of
“the irreducibles” occurred to
me—and I started jotting down notes on stuff I do indeed believe “for sure.” Before
I knew it, a few days later, the list had grown to 209 items. Hence “The
Irreducible209” that follows.
Tom Peters
1.
2.
3.
4.
Hare 1, Tortoise 0. (Hare-y times.)
Tempo. (O.O.D.A.)
MBWA.
Appreciation. (“Motivator” #1.)
(Can’t be faked. Good.)
5. Decency.
6. Hurry.
7. Time out.
8. One matters.
9. Big change. Short time. (Alt not work.)
10. Excellence. Always.
11. Passion. Energy. Hustle. Enthusiasm.
Exuberance. (Move mountains. No alt.)
12. You must care.
13. Emotion.
14. Hard is soft. (Soft is hard.)
15.
16.
17.
18.
19.
20.
21.
22.
23.
Men. Women. Different. Contend. Connect.
Women. Buy. All. (RU listening?)
Quality. (“Mind-blowing.” Beyond 6-Sigma.)
Re-invent. Re-pot. (Required.)
Jaywalk.
Big change. Small # of people. (Always.)
Experiment. Now.
Failure. Normal.
Most failures, most success.
(Fail. Forward. Fast.)
24. “Reward excellent failures. Punish
mediocre successes.”
25. Women leaders. (Altered times.)
26. Extremism. (Good business. Bad politics.)
27. Innovation source. Only. Extreme irritation.
28. Smile.
29.
30.
31.
32.
33.
34.
35.
36.
37.
38.
You must care.
Mentor. (Highest ROI.)
Best “roster” wins.
Wow. (Okay in biz.)
We all have customers. (Biz. Personal.)
All contacts = Experiences.
Cirque du Soleil. (Peerless.)
Leaders create space for growth.
Quests. (Only.)
High aspirations, “high” results.
(Self-fulfilling prophecy.)
39. Attitude 1, Skills 0. (Mostly.)
(Attitude 1, Skill 0.3?)
40. Sometimes: Skill 1, Attitude 0.1.
41. Must “love,” not “like.”
42. Wegman’s.” (No excuses. “Mere” groceries.)
43. Less than your best. Cheating.
44.
45.
46.
47.
48.
49.
50.
51.
52.
53.
54.
55.
Brand You. (No alt.)
Self-sufficiency. (Biggest LT turn-on.)
In the moment.
The moment wins.
Tomorrow = Never.
Action 1, Plan 0.1.
“Execution” can be a “system.”
Realism.
Own up. Move on.
Accountability.
Work hard > Work smart. (Mostly.)
Feedback. Necessary. Fast. (R.F.A. in
“RFA times.”)
56. Customers. Listen. Lead. (Paradox.)
57. “On stage.” Always. (GW, FDR, RG =
Supreme actors.)
58.
59.
60.
61.
62.
63.
64.
65.
66.
Master statistical analysis.
Excellence = Set the table.
Legacy. (Will it have mattered?)
“Great.” (Why not?)
Radicals rule. (Think … Olympics.)
!!! = Good.
Red 1, Brown 0. (Red times.)
Talk. Listen. (“Big 2.” Master.)
Politics. (Normal-inevitable state
of affairs. Master.)
67. Student. Forever.
68. “Why?” (Question #1.)
69. Don’t belittle.
70. Respect.
71. All we have: this moment.
(“Moments matter most”?)
72. Now. (Procrastination. Death.)
73.
74.
75.
76.
Exercise.
Paint. (Leader. Portraits of Excellence.)
Best story wins.
“You must be the change you wish
to see in the world.”
77. Two “big ones.” Max. (Priorities.)
78. No “I” in Team. (“I” in Win.)
79. “I” in Win. (No “I” in Team.)
80. Different 1, Better 0. (Better = 0.1)
81. Imitation = Mistake. (Learn, from who?)
82. Choose/battle the “right” competitor.
83. Schools. Creativity. Entrepreneurship.
(Not.)
84. MBAs. Creativity. Entrepreneurship.
Leadership. (Not.)
85. Design. Under-rated. Wildly.
(Still.) (Everything.)
86.
87.
88.
89.
You = Calendar. (Calendar. Never. Lies.)
Laugh.
Handshake. (Quantity. Quality.)
Don’t fold your hands in front of your
chest. Ever. (Never.)
90. Grace. (“Works” in biz.)
91. Weird. Wins. (Weird times.)
92. Crazy times. Crazy orgs.
93. Internet. All.
94. Women. Boomers-Geezers. Market. All.
95. Passion.
(Repeat. So what?)
96. Energy.
(Repeat. So what?)
97. Hustle.
(Repeat. So what?)
98. Enthusiasm. (Repeat. So what?)
99. Exuberance. (Repeat. So what?)
100. Smile.
(Repeat. So what?)
101. Care.
(Repeat. So what?)
102. Simplicity. Redundancy. Resilience. Bloodymindedness. Visible optimism. (Success.)
103. Act. (Repeat. So what?)
104. Appreciate. (Repeat. So what?)
105. Fun. (Biz. Why not?)
106. Joy. (Biz. Why not?)
107. Sales = Life.
108. Marketing = Life.
109. Long-term. “Top line.”
110. Great company = Creates the most
individual success stories. (RE/MAX)
111. Talent first, performance byproduct.
112. Sustained Wow* 1, “Shareholder
value,” 0.2 (*Product, People.)
113. Commitment, by invitation only.
114. Creativity, by invitation only.
115. HR = #1. (Ought to.)
116. Face-to-face. (5K miles, 5 minutes.)
117. Negotiation. Make all winners.
(Save face.)
118. Grace makes enemies friends.
119. Network.
120. Invest in relationships. (Think ROIR.
Return On Investment in Relationships.)
118. Relationship investment. Forethought.
Calendar item. Intensity.
119. Innovation. Easy. (Hang out
with weird.)
120. Weird = Win. (Weird times.)
121. “The bottleneck is at the top
of the bottle.”
122. Good Board = Weird Board.
(At least, surprising.)
123. No contention, no progress.
124. “Crucial conversations.” “Crucial
confrontations.” (Study. Learn. Do.)
125. Honest feedback.
126. Gaspworthy. Yes.
127. “Insanely great.”
128. “Astonish me.”
129. “Make it immortal.”
130. “Will you remember it in 20 years?”
131. No small opportunities. (Reframe.)
132. One playmate, one playpen = Enough.
133. End run. Sensible.
134. Allies are there for the finding.
135. Find successes. Build on successes.
(Pos > Neg. Encourage > Fix.)
136. Somebody’s doing it today. Find ‘em.
137. Someone is living 2016 in 2006.
(Find ‘em. Study ‘em.)
138. Don’t “benchmark,” “futuremark.”
(2016. Happening. Somewhere.)
139. “PMA.” It works.
140. There are no experts. (You are the expert.)
141. Life is short.
142. “Sustained success.” Fat chance.
Make today matter. (“Sustained.” Ha.)
143. Collaborate. (Networked world.)
144. Go solo. (Individual. Unit of
Intellectual Capital.)
145. There are no “perfect” plans. (Do. Wins.)
146. Plans motivate. (Right or wrong.
Sense of purpose.)
147. Never rest.
148. Get some sleep.
149. Winning = Embracing paradox.
150. Ambiguity = Opportunity.
151. Resilience.
152. Relentless-ness.
153. None. Above. Comeuppance.
(GM. Sears. U.S. Steel. DEC.)
154. Be yourself. Period.
155. Never work with jerks. Including
customers. (Life. Too short.)
156. Under-promise, over-deliver.
157. Talent. (Powerful word.)
158. “Customer = Anyone whose actions
affect your results.”
159. Competition stinks. (Seek the soft
spots where you can dominate.)
160. K.I.S.S./Keep It Simple, Stupid.
161. Beauty. (Good biz word.)
162. “See the beauty in a hamburger bun.”
(Go. Ray.)
163.
164.
165.
166.
Own up. Quick. ( Denial. Cancer.)
Celebrate. Often.
78 people = 78 approaches. (Each. Unique.)
Weed. Ceaselessly. (Prune. Stupid.
Rules. Non-stop.)
167. Get out of the way. (You = The problem.)
168. Smile. Sunny. Optimism. (If it kills you.)
169. Flowers. (Cheery workplace.)
170. Enjoy. (Or get the hell.)
171. Be intolerant of “sour.” (1 = Major pollution)
172. No “quick trigger” on promotion.
(Too important.)
173. Evaluation = Lots of study-time.
174. Evaluation = “Life or death” to evaluee.
175. “360” evaluation. No fad.
176. Exit when you’re done. (Done.
Sooner than you think.)
177. Today. Now. My Project. Am. Is. I. Period.
178. “Beautiful” systems. (Good biz phrase.
Not oxymoron.)
179. Build on strengths > Fix weaknesses.
180. “To don’t” = “To do.” (“To don’t” >
“To do” ?)
181. Leaders “Do” People. (Period.)
182. Leaders enjoy leading.
183. Serious leadership training = Serious.
184. Priorities. Obvious. (Or else.)
185. 5 “Priorities” = 0 Priorities.
(3 “Priorities” = 0 Priorities?)
186. People. First. Last. Always.
187. It. Is. Always. The. People.
188. Handshake. (Quantity. Quality.)
189. Don’t fold your hands in front of
your chest. Ever. (Never.)
190. Simplicity. Redundancy. Resilience.
Bloody-mindedness. Visible
optimism. (Success.) (Repeat.)
191. Employee Entrance = Guest
Entrance.
192. Put the customer SECOND.
(Thanks, Hal.)
193. Flowers. (Or did I say that before?
No matter if I did.)
194. Big Mergers don’t work. Small
acquisitions can/do work—if you
don’t screw with their energy.
195. Instinctively “head for the front
line.” (In all contexts.)
196. Success = DDMMPR/"D-squared,
M-squared, PR” = DramDiff +
Money-Financial Acumen + Good
“Marketing” Instincts + Stellar People
+ Resilience (The “fab five”: What.
Every. Small. Biz. Needs.) (Big too.)
197. Core Mechanism (“Game-changing
Solutions”): PSF (Professional Service
Firm “model”) + Wow! Projects
(“Different” vs “Better”) + Brand You
(“Distinct” or “Extinct”)
198. 2011/2016 has already happened.
Find it.
199. Kids “know” kids. Oldies “know” oldies.
Women “know” women. (Staff
accordingly.)
200. Everybody is my customer.
201. Cosset “vendors.”
202. I want to run a Housekeeping department.
(And you?)
203. The military doesn’t follow the “military
model.” (Initiative = Excellence.)
204. No such thing as “going to absurd lengths”
to serve the Customer. (HSM & Lefties.)
205. Forget the “customer.” All = “Clients.”
206. It takes decades to get over “sleights.”
(So don’t sleight.)
207. Don’t “dumb down.” Ever.
NO LESS THAN
EXCELLENCE.
EVER.
209. EXCELLENCE.
ALWAYS.
208.
Work In Progress
XXX. One size fits. One. Only. (Evaluations. Period.)
XXX. Teaching. Individualized. Only. (6 billion people =
6 billion learning trajectories.) (Montessori.)
XXX. First impression. Matters. Shapes all that comes.
Hard to overcome. (Understatement.)
XXX. Jerks. Don’t work with. (Life = Too short.)
XXX. Manage [the hell out of] first impressions.
XXX. Last impression. Matters. Dominates memory.
Hard to overcome. (Understatement.)
XXX. Manage [the hell out of] last impressions.
XXX. Plain English.
XXX. K.I.S.S. (450/8.)
XXX. $798. $55,000,000,000. 3,000,000,000.
7AM-7PM. 6:15AM.
XXX. Donnelly Weatherstrip rules.
XXX. Managers do things right. Leaders do the
right thing. NOT.
Work In Progress
XXX. One size fits. One. Only. (Evaluations. Period.)
XXX. Teaching. Individualized. Only. (6 billion people =
6 billion learning trajectories.) (Montessori.)
XXX. First impression. Matters. Shapes all that comes.
Hard to overcome. (Understatement.)
XXX. Jerks. Don’t work with. (Life = Too short.)
XXX. Manage [the hell out of] first impressions.
XXX. Last impression. Matters. Dominates memory.
Hard to overcome. (Understatement.)
XXX. Manage [the hell out of] last impressions.
XXX. Plain English.
XXX. K.I.S.S. (450/8.)
XXX. $798. $55,000,000,000. 3,000,000,000.
7AM-7PM. 6:15AM.
XXX. Donnelly Weatherstrip rules.
XXX. Managers do things right. Leaders do the
right thing. NOT.
GE
(more or less)
:
The Sales122:
122 Ridiculously
Obvious Thoughts
About Selling Stuff
Tom Peters/0402.2006
This list was first prepared for GE Energy
sales & marketing people in January. It
started with a half-dozen items, and grew
like Topsy. Possibly, given its origins, it’s a
little tilted toward complex, engineeringbased sales. In any event, it makes a perfect
companion to “The Irreducibles209.” This,
too, is effectively a list of “irreducibles.”
Tom Peters
1. “Strategy” overrated, simply “doin’ stuff” underrated. See
Kelleher and Bossidy: “We have a ‘strategic plan,’ it’s called
doing things.”—Herb Kelleher. “Execution is a systematic
process of rigorously discussing hows and whats, tenaciously
following through, and ensuring accountability.” —Larry
Bossidy & Ram Charan/ Execution: The Discipline of Getting
Things Done. Action has its own logic—ask Genghis Khan,
Rommel, COL John Boyd, U.S. Grant, Patton, W.T. Sherman.
2. What are you personally great at? (Key word: “great.”) Play
to strengths! “Distinct or Extinct.” You should aim to be
“outrageously good”/B.I.W. at a niche area (or more).
3. Are you a “personality,” a de facto “brand” in the industry?
The Dr Phil of ...
4. Opportunism (with a little forethought) mostly wins.
(“Successful people are the ones who are good at Plan B.”)
5. Little starts can lead to big wins. Most true winners—think
search & Google—start as something small. Many big deals—
Disney & Pixar—could have been done as little-er deals if you’d
had the guts to jump before the value became obvious.
6. Non-obvious targets have great potential. Among many
other things, everybody goes after the obvious ones. Also,
the “non-obvious” are often good Partners for technology
experiments.
7. The best relationships are often (usually?) not “top to
top”! (Often the best: hungry division GMs eager to make a
mark.)
8. IT’S RELATIONSHIPS, STUPID—DEEP AND FROM MULTIPLE
FUNCTIONS.
9. In any public-sector business, you must become an avid
student of “the politics,” the incentives and constraints,
mostly non-economic, facing all of the players. Politicians are
usually incredibly logical—if you (deeply!) understand the
matrix in which they exist.
10. Relationships from within our firm are as important—
often more important—as those from outside—again broad is
as important as deep. Allies—avid supporters!—within and
from non-obvious places may be more important than
relationships at the Client organization. Goal: an “insanely
unfair ‘market share’” of insiders’ time devoted to your
projects!
“Everyone lives by
selling something.”
—Robert Louis Stevenson
11. Interesting outsiders are essential to innovative proposal
and sales teams. An “exciting” sales-proposal team is as
important as a prestigious one.
12. Is the proposal-sales team weird enough—weirdos come
up with the most interesting, game-changer ideas. Period.
13. Lunch with at least one weirdo per month. (Goal: always
on the prowl for interesting new stuff.)
14. Gratuitous comment: Lunches with good friends are
typically a waste of (professional) time.
15. Don’t short-change (time, money, depth) the proposal
process. Miss one tiny nuance, one potential incentive that
“makes my day” for a key Client player—and watch the whole
gig be torpedoed.
16. “Sticking with it” sometimes pays, sometimes not—it
takes a lot of tries to forge the best path in. Sometimes you
never do, after a literal lifetime. (Ah, life.)
17. WOMEN ARE SIMPLY BETTER AT RELATIONSHIPS—don’t
get hung up—particularly in tech firms—on what industriescountries “women can’t do.” (Or some such bullshit.)
18. Work incessantly on your “story”—most economic value
springs from a good story (think Perrier)! In sensitive public
or quasi-public negotiations, a compelling story is of immense
value—politics is about the tension among competing stories.
(If you don’t believe me, ask Karl Rove or James Carville.)
(“Storytelling is the core of culture.” —Branded Nation: The
Marketing of Megachurch, College Inc., and Museumworld,
James Twitchell)
19. Call this 18A, or 18 repeat: Become a first-rate
Storyteller! (“A key – perhaps the key – to leadership is the
effective communication of a story.”—Howard Gardner,
Leading Minds: An Anatomy of Leadership)
20. Risk Assessment & Risk Management is more about
stories than advanced math—i.e., brilliant scenario
construction.
21. Good listeners are good sales people. Period.
22. Lousy listeners are lousy sales people. Period.
23. GREAT LISTENERS ARE GREAT SALES PEOPLE. (Listening
“skills” are hard to learn and subject to immense effort in
pursuit of Mastery. A virtuoso “listener” is as rare as a
virtuoso cello player.) (“If you don’t listen, you don’t sell
anything.”—Carolyn Marland/MD/Guardian Group)
24. Things that are funny to me (American) are often-mostly not
funny to those in other cultures. (Humor is as fine-edged as it
gets, and rarely travels.)
25. You don’t know Jack Squat about other peoples’ cultures—
especially if you are a typically myopic American. (Like me.)
26. Are you a great interviewer? It’s a make or break skill.
(Think Barbara Walters’ skill at extracting unwanted truths from
pros in persona-protection ... in front of 10s of millions of
people.
27. Are you a great (not merely “good”) presenter? Mastering
presentation skills is a life’s work—with stupendous payoff.
28. Work like hell on the Big 2: LISTENING/INTERVIEWING,
PRESENTING. These are “the essence of [sales] life”—and
usually picked-up in an amateurish fashion. Mistake! (Become a
“professional student” of these two areas, achieve Mastery.)
29. Are you good at flowers? Think: FLOWER POWER! (see
Harvey Mackay’s “Mackay 66”—what you should know about a
Client; e.g., birthdays & anniversaries.) (My “flowers budget” is
out of control. Hooray for me.)
30. You can’t do it all—be clear at what you are good at, bad at,
indifferent at. Hubris sucks.
“If you don’t
listen,
you don’t sell
anything.”
—Carolyn Marland/
Managing Director/
Guardian Group
31. The point is not to “prove yourself.” (That’s ego-talk.) Let
the best person present to the Client—perhaps a “lower level”
geek. (“Control freaks” get their just desserts in the long haul—
or sooner.)
32. The numbers will more or less take care of themselves over
the long haul—if the relationship/s is/are solid gold.
33. The Gold Standard in selling: INDISPENSABLE to the Client.
No other goal is worthy.
34. Never stop growing-broadening-deepening the relationship.
The key to “indispensability” is to get the Client more and more
… and more … and then more … imbedded in “our” web. Hence
the so-called “selling process” is only the first step!
35. USE THE WORD “WE” … CONSTANTLY & RELIGIOUSLY!
(E.g.: “We”—the Client & me—“are going to change the world
with this service.”)
36. Don’t waste your time on jerks—it’ll rarely work out in the
mid- to long-term.
37. Genius is walking away from lousy “scores” (deals)—and
accepting the attendant heat. Big Business is the premier home
to Big Egos overpaying by a factor of 2 to 22 with billion$$$$ at
stake. (Think Jerry Levin and AOL Time Warner.)
38. You haven’t a clue as to how this situation will actually play
out—be prepared to move fast in a different direction.
39. Keep your word.
40. KEEP YOUR WORD.
41. Underpromise (i.e., don’t over-promise; i.e., cut yourself a
little slack) even if it costs you business—winning is a long-term
affair. Over-promising is Sign #1 of a lack of integrity. You will
pay the piper.
42. There is such a thing as a “good loss”—if you’ve tested
something new and developed good relationships. A half-dozen
honorable, ingenious losses over a two-year period can pave the
way for a Big Victory in a New Space in year 3.
43. It’s a competitive world out there. New, innovative products
are harder to sell than old stand-bys. Nonetheless, you will be a
long-term star to the extent that you are willing to push the
harder-to-sell-at-the-moment Innovative Products that cement
long-term Client success (Indispensability!) —even if it means a
#s hit this quarter. PART OF YOUR JOB: TAKE CLIENTS ON AN
ADVENTURE THAT PUTS THEM AHEAD OF THE GAME CALLED
(GAMECHANGING—hopefully) COMPETITIVE ADVANTAGE!
44. Think “legacy”—what the hell is all this really about for you
and the world? (“Tell me, what is it you plan to do with your one
wild and precious life?”
—Mary Oliver)
45. THERE ARE NO “MODERATES” IN THE HISTORY BOOKS!
46. Keep it simple! (Damn it!) No matter how “sophisticated” the
product. If you can’t explain it in a phrase, a page, or to your 14year-old ... you haven’t got it right yet.
47. Know more than the next guy. Homework pays. (of course
it’s obvious—but in my work it is too often honored in the
breach.)
48. Regardless of project size, winning or losing invariably
hinges on a raft of “little stuff.” Little stuff is and always has
been everything!!!!!!!!!!!!!!!!!!!!—or, “one man’s little stuff is
another man’s 7.6 Richter deal-breaker.”
49. In public settings in particular, face saving is all. When
something changes, allow the other guy to come out looking like
a winner, especially if he has lost. (Even if you must accept the
egg on your face—he will always remember you!)
50. Don’t hold grudges. (It is the ultimate in small mindedness—
and incredibly wasteful and ineffective. There’s always
tomorrow.)
51. IT’S ALWAYS “THE POLITICS”—wee private-sector deal or
giant public sector deal. (Every player, small or large, is angling
for something. Master the calculus of advantage.)
52. To beat the “turnover problem” in key Client posts amidst
long negotiations, invest outrageous amounts of time building a
wide & deep set of relationships with mid-level (& lower!!)
“plodding” “careerists.” The invisible careerists are the
bedrock upon which repeated success is built! (My “Capitol Hill
Axiom”: It’s the 24-year-old LA who in the end briefs the
Senator right before she goes to the Floor to vote.)
53. Speaking of “she”: Gender differences are Enormous—
dealing with a woman and dealing with a man are different
kettles of fish—you must become an A+ student of gender
differences. (E.g.: Men are typically more interested in the
short-term “score.” Women are more interested in the longterm consequences.)
54. “LITTLE PEOPLE” OFTEN HAVE BIG FRIENDS.
55. This is not war, damn it. All parties can win (or not lose,
anyway). And losing bidders can walk away from a deal with
increased respect for you and your team.
56. Never, ever dump on a competitor—the Tom Watson IBM
glory-days mantra.
57. Never forget the “Law of Cousins!” In developing nations
in particular, power brokers at all levels are at least cousins!
Consideration for a second cousin can pay off big time.
58. Speaking of “favors,” jail sucks.
59. Work hard beats work smart. (Mostly.)
60. REPEAT: HE/SHE WHO HAS THE MOST-BEST
RELATIONSHIPS WINS. RELATIONSHIPS ARE THE ESSENCE OF
THE WORK OF THE SALESPERSON. THE HARD ... AND LONG ...
WORK OF THE SALESPERSON.
61. Mano v mano “hardball” is seldom the answer—end runs
based and patient multi-level relationship building via deeperwider networks win.
62. If the deal is wired from below, truly wired, than the socalled “big negotiations” are essentially irrelevant.
63. If every quarter is a “little better” than the prior quarter—
then you are not taking any serious risks.
64. Phones beat email.
“Nothing is so
contagious as
enthusiasm.”
—Samuel Taylor Coleridge
65. A THREE-MINUTE CALL TODAY CAN AVOID A GAME-LOSER
OF A FIASCO NEXT MONTH. There was always a time when a
little thing could have been addressed that headed off a
subsequent big thing. As to avoiding that call, didn’t someone
say, “Pride goeth before the fall”?
66. Be hyper-organized about relationship management—you
are in the anthropology business. Study the great pols! Brilliant
NRM (network relationship management) is not accidental! It is
not catch-as-catch can. (Football analogies are cute—but deep
political understanding pays the private-school tuition.)
67. Obsess on ROIR (Return On Investment In Relationships).
68. “THANK YOU” NOTES: World’s highest-return investment!!
69. The way to anyone’s heart: Doing a nice thing for their kid.
(But, gawd, does this take a gentle touch.)
70. Scoring off other people is stupid. Winners are always in the
business of creating the maximum # of winners—among
adversaries at least as much as among “partners.”
71. Your colleagues’ successes are your successes. Period.
(Trust me, my greatest personal success—financially as well as
artistically—has been creating a bigger pond in which everyone
wins, even if my “market share” is down.)
72. Lend a helping hand, especially when you don’t have the
time. E.g. share relationships—the more you give away the
more you get in return (just like they say in church).
73. Listen up: “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.
(I.e., Respect is Cool.)
74. Mentoring is a thrill—and the practical payoff is
enormous. The best mentors have the whole world working
its buns off for them!
75. Hire for enthusiasm. Promote for enthusiasm. Cherish
enthusiasm. REMOVE NON-ENTHUSIASTS—THEY ARE
CANCERS. (“Nothing is so contagious as enthusiasm.”—
Samuel Taylor Coleridge. “A man without a smiling face
must not open a shop.”—Chinese Proverb.)
76. IT’S ALWAYS YOUR PROBLEM—you sold it to them.
77. It’s never over: While there may be an excellent service
activity in your company, the “relationship” belongs to You!
Hence the “aftersales” “moments of truth” are at least as—if
not more than*--important to the Continuing Relationship as
the sale “transaction” itself. (*I vote for “more than.”) You’ll
get your biggest “points” with the Client for being an effective
after-the-fact go-between with your company.
78. Don’t get too hung up on “systems integration”—first &
foremost, the individual bits have got to work.
79. For God’s sake don’t over promise on “systems
integration”—it’s nigh on impossible to deliver.
80. On the other hand … winners clamber Up the Value-added
Ladder, and offer ever so much more than “mere” product. ALL
SUCCESSFUL SALES PEOPLE ARE IN THE “SOLUTIONS
BUSINESS”—no matter how jargony that may sound.
81. “Systems” / “Solutions” selling means grappling directly
with “culture change” in Client organizations. (“The business of
selling is not just about matching viable solutions to the
customers that require them. It’s equally about managing the
change process the customer will need to go through to
implement the solution and achieve the value promised by the
solution”—Jeff Thull, The Prime Solution: Close the Value Gap,
Increase Margins, and Win the Complex Sale)
82. Shit happens. That’s what they pay you for.
83. This is not a “GE” or “Ben & Jerry’s” sale—it is a Joe
Jones/Jane Jones sale. YOU ARE THE “BRAND” THE CLIENT
BUYS—especially over the long haul.
84. Duh: You make money, the company makes money—on
repeat business.
85. Master—yes, you—the “PR” Game. “Word of Mouth” is not
accidental! You want Word of Mouth? Make it happen!
86. GOAL #1: MAKE YOUR CLIENT A HERO—YOU ARE NOT THERE
TO GET CREDIT. (“Taking credit” is for egomaniacs. And losers.)
87. “Decent margins,” over the mid- to long-term, are a product
of better relationships, not better “negotiating skill.” (Mostly.)
“You can’t behave
in a calm, rational
manner. You’ve got
to be out there on
the lunatic fringe.”
—Jack Welch
88. In the immortal words of ex-GE Vice Chairman Larry
Bossidy, more or less, “Realism rocks.” (“Bullshit artist” and
“great salesperson,” contrary to conventional wisdom, are
Diametric Opposites. “Truthteller” and Great Salesperson is
more like it.)
89. Be the first to tell the Client bad news (e.g., slipped
delivery); his intelligence sources will tell him fast—you want to
be there first with your story and to enhance your rep as
Truthteller!
90. Work like hell to get a reputation as a valued industry
expert, to become an industry resource.
91. Work the Trade Association angle for all its worth—it may
take a decade to pay off—e.g., when you become an officer or
are on an important panel or testify Before Congress.
92. PAY YOUR DUES IN THE CLIENT ORG AND IN YOUR OWN
ORG!
93. It’s all bloody tactics.
94. You must ... LOVE .... the product! (Period.)
95. YOU MUST LOVE THE PRODUCT!
96. Don’t over-schedule. “Running late” is inexcusable at any
level of seniority; it is the ultimate mark of self-importance
mixed with contempt.
97. Women are better salespeople. (See Addendum.)
98. Women alone understand Women.
99. Actually, Women by and large understand Men better than
Men understand Men.
100.Women purchasers buy Stories and recommendations.
101. Women take longer to become Loyal purchasers, but then
stay Loyal.
102. Men buy Stats.
103. Men decide fast, but are fickle.
104. Men & Women are … VERY, VERY … Different.
105. Women buy most things. Consumer. Increasingly,
professional goods and services.
106. Women’s Market is Opportunity #1.
107. Boomers. Many, many. Lots & lots & lots of … $$$.
108. Boomers-Geezers are very different purchasers than those
in other categories.
109. It takes time to get to know people. (DUH.)
110. The very idea of “efficiency” in relationship
development is ... STUPID.
111. MBWA (still) rules.
112. “Preparing the soil” is the “first 98 percent.” (Or
more.)
113. WORK THE PHONES!
114. Rule 5K-5M: 5K miles for a 5-Minute meeting often
makes sense. (Yes, often.) (Even with constrained travel
budgets.) (Thanks, super-agent Mark McCormack.)
115. Become a student! Study great salespeople!
(Including Presidents.) (“Natural” is a little bit true—but
then Naturals are always the ones who study hardest—
e.g., Jerry Rice.)
116. Become a student! Yes, you can study Relationship
Building. So, study …
117. Beware complexifiers and complicators. (Truly
“smart people” ... Simplify things.)
118. The smartest guy in the room rarely wins—alas,
he usually is aware he’s the
smartest guy. (And needn’t waste his time on
that “soft relationship crap.”)
119. Be kind. It works.
120. Be especially kind when there are screw-ups.
(There’s plenty of time later to
Play the Great Accountability Game.)
121. Presidents never tire of being treated like
Presidents.
122. Luck matters.
So: Good luck!
ADDENDUM: Women Rock … as Salespersons (From Item
#98.)
And the answers are?
“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
EXCELLENCE.
ALWAYS.
Bonus
GRANT
NELSON
BOYD
BOSSIDY
GRANT
Grant
from the “seminal” biography by:
Jean Edward Smith
“A generation of American officers had been schooled to believe the
art of generalship required rigid adherence to certain textbook
theorems.”/151 “The nature of Grant’s greatness has been a riddle
to many observers. … did not hedge his bets … disregarded explicit
instructions … nothing to fall back on … violating every maxim held
dear by the military profession … new dimension: ability to learn
from the battlefield … finished near the bottom of his [West Point]
class in tactics … carried the fight to the enemy … maintain the
momentum of the attack … military greatness is the ability to
recognize and respond to opportunities presented.”/152-3 “Grant
had an aversion to digging in.”/153 “Grant had an intangible
advantage. He knew what he wanted.”/153 “Grant’s seven-mile dash
changed the course of the war.”/157 “The one who attacks first will
be victorious.”/158 “dogged”/159 “unconditional surrender”/162
“simplicity and determination”/166 “quickness of mind that allowed
him to make on the spot adjustments … [his] battles were not
elegant set-piece operations”/166 “[other Union general] preferred
preparation to execution … became a friend of detail … suffered
from ‘the slows’ …”/170 Message to Halleck from McClellan: “Do not
hesitate to arrest him” [following great victory]/172 … “learned how
to withstand attacks from the rear” [Army politics]/179
“He never credited the enemy with the capacity to take the
offensive.”/185 “tenacity [like Wellington]”/187 “I haven’t despaired
of whipping them yet” [at avery low point]/195 “Both sides seemed
defeated and whoever assumed the offensive was sure to win.”/200
… “inchoate bond [between Grant and soldiers]”/201 … “The genius
of Grant’s command style lay in its simplicity. Grant never burdened
his division commanders with excessive detail. … no elaborate staff
conferences, no written orders prescribing deployment. … Grant
recognized the battlefield was in flux. By not specifying movements
in detail, he left his subordinate commanders free to exploit
whatever opportunities developed.”/202 “If anyone other than
Grant had been in command, the Union army certainly would have
retreated.”/204 Lincoln (urged to fire Grant): “I can’t spare this
man; he fights.”/205 “Grant turned defeat into Union victory.”/206
“moved on intuition, which he often could not explain or
justify.”/208 “instinctive recognition that victory lay in relentlessly
hounding a defeated army into surrender.”/213 Nathan Bedford
Forrest, successful Confederate commander: “amenable to no
known rules of procedure, was a law unto himself for all military
acts, and was constantly doing the unexpected at all times
and places.”/213
“The commanding general would be in the field”/228 Lincoln:
“What I want, and what the people want, is generals who will fight
battles and win victories. Grant has done this and I propose to stand
by him.”/231 “retains his hold upon the affections of his men”/232
“Grant’s moral courage—his willingness to choose a path frrom
which there could be no return—set him apart from most
commanders … were [Grant and Lee] were uniquely willing to take
full responsibility for their actions.”/233 “ … modest … honest …
nothing could perturb … never faltered …”/233 “plan was
breathtakingly simple but fraught with peril”/235 “demonstrating
the flexibility that had become his hallmark”/238 “But like any West
Point trained general, he had difficulty comprehending what Grant
was up to …”/240 “recognized the value of momentum … throw off
balance … blitzkreig … traveling light … headquarters in the
saddle”/243 “acted as quartermaster”/243 [rushed away so that he
couldn’t receive Halleck’s order] … “like Lord Nelson … telescope to
his blind eye” … “pressing ahead on his own”/245 “focus on the
enemy’s weakness rather than his own”/250
"The art of war is simple
enough. Find out where
your enemy is. Get at him
as soon as you can. Strike
at him as hard as you can
and as often as you can,
and keep moving on." —Grant,
courtesy Richard Cauley at tompeters,com
(original source unknown)
“The art of war does not
require complicated
maneuvers; the simplest are
the best, and common sense
is fundamental. From which
one might wonder how it is
generals make blunders; it is
because they try to be
clever.” —Napoleon on Simplicity, from
Napoleon on Project Management by Jerry Manas.
“Above all the troops appreciated Grant’s unassuming manner. Most
generals went about attended by a retinue of immaculately tailored
staff officers. Grant usually rode alone, except for an orderly or two
to carry messages if the need arose. Another soldier said the
soldiers looked on Grant ‘as a friendly partner, not an arbitrary
commander.’ Instead of cheering as he rode by, they would ‘greet
him as they would sddress one of their neighbors at home. ‘Good
morning, General,’ ‘Pleasant day, General’ … There was no
nonsense, no sentiment; only a plain businessman of the republic,
there for the one single purpose of getting that command over the
river in the shortest time possible.’” [Grant: 5-feet 8-inches with a
slouch]/232 After the victory at Chattanooga: “The [Union senior]
officers rode past the Confederates smugly without any sign of
recognition except by one. ‘When General Grant reached the line of
ragged, filthy, bloody, despairing prisoners strung out on each side
of the bridge, he lifted his hat and held it over his head until he
passed the last man of that living funeral cortege. He was the only
officer in that whole train who recognized us as being on the face of
the earth.’”/ 281 “Grant was unhappy about going into winter
quarters. He saw no reason to keep the army idle, and the pause
would give the rebels time to reorganize.”/282
“The [Union senior] officers rode past the
Confederates smugly without any sign
of recognition except by one. ‘When
General Grant reached the line of
ragged, filthy, bloody, despairing
prisoners strung out on each side of
the bridge, he lifted his hat and held it
over his head until he passed the last
man of that living funeral cortege. He
was the only officer in that whole train
who recognized us as being on the
face of the earth.’*”
*quote within a quote from diary of a Confederate soldier
From LEE KENNETT’s SHERMAN: “Grant tended to be a simple
listener when these two strategies [for taking Vicksburg] were
being discussed. His own preference may have been impelled as
much by natural inclination as by any arguments he heard. He
wrote afterward: ‘One of my superstitions had always been when I
started to go anywhere or to do anything, not to turn back, or stop,
until the thing intended was accomplished.’”/ 202
“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 peculiarity of his character:
Grant had an extreme,
almost phobic dislike of
turning back and retracing
his steps. 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
CWVA to MBWA: “In these
days of telegraph and
steam I can command
while traveling and
visiting about.” —U.S. Grant
Managing by wandering
around” —HP circa 1980
Source: Ulysses S. Grant, by Geoffrey Perret
TP’s take: Intuition takes precedence (listen attentively but act on
intuition) … Move today > perfect plan tomorrow [subsequent Patton
line] … Great advantage: When moving, you know what you’re up to
and you’re moving [the one sitting still is, thence, always reactive]
[Boyd: quickest O.O.D.A. loops/Observe. Orient. Decide. Act.
Disorient enemy] … Action! ... Keep moving! … Engage! … Offense!
[weakness-strength: can’t even imagine enemy counter-attacking;
little conception of defense] … Momentum! …. Keep ‘em off balance
… … Adjust … Adapt … … Opportunism! … Constantly revise in
accordance with conditions and opportunities in the field [life =
excellence at “Plan B”] … Doggedness … Relentless!! [trait shaped
in early childhhood] … Never retreat … Simplicity! … Wide latitude
for division commanders … minimum written orders, conferences,
etc … keep his own council … HQ is Grant & his horse … no retinue!
… commune with soldiers/exude quiet confidence/Approachable …
decent … Self-accountability! … Evade orders (or ignore) … Share
harm & hardship … total victory/ demand “unconditional
surrender”—G’s first claim to fame [Nelson: other Admirals avoid
loss, friend and foe as in Grant’s case vs Nelson’s seek victory] …
[Life 101: politics between the Generals:
E.g., Grant & Halleck]
Insubordinate (when it comes to
delays)/N
Action-oriented/Offense/
Total victory/N
Relentless
Troop Commander par Excellence/N
Leeway to Commanders/N
“The only way to
whip an army is
to go out and
fight it.” —Grant
Source: John Mosier, Grant
NELSON
The Nelson Baker’s Dozen
1. Simple-clear scheme (“Plan”) (Not wildly imaginative) (Patton: “A good plan
executed with vigor right now tops a ‘perfect’ plan executed next week.”)
2. SOARING/BOLD/CLEAR/UNEQUIVOCAL/WORTHY/NOBLE/INSPIRING
“GOAL”/“MISSION”/“PURPOSE”/“QUEST”
3. “Conversation”: Engagement of All Leaders
4. Leeway for Leaders: Select the Best/Dip Deep/Initiative demanded/Accountability
swift/Micromanagement absent
5. LED BY “LOVE” (Lambert), NOT “AUTHORITY” (Identify with sailors!)
6. Instinct/Seize the Moment/“Impetuosity” (Boyd’s “OODA Loops”: React more
quickly than opponent, destroy his “world view”)
7. VIGOR! (Zander: leader as “Dispenser of Enthusiasm”)
8. Peerless Basic Skills/Mastery of Craft (Seamanship)
9. Workaholic! (“Duty” first, second, and third)
10. LEAD BY CONFIDENT & DETERMINED & CONTINUOUS & VISIBLE EXAMPLE (In
Harm’s Way) (Gandhi: “You must be the change you wish to see in the world”/
Giuliani: Show up!)
11. Genius (“Transform the world to conform to their ideas,” “Triumph over rules”)
(Gandhi, Lee-Singapore) , not Greatness (“Make the most of their world”)
12. Luck! (Right time, right place; survivor) (“Lucky Eagle” vs “Bold Eagle”)
13. Others principal shortcoming: “ADMIRALS MORE FRIGHTENED OF LOSING
THAN ANXIOUS TO WIN”
Source: Andrew Lambert, Nelson: Britannia’s God of War
Nelson’s Way: A Baker’s Dozen/Short
1. Simple scheme.
2. Noble purpose!
3. Engage others.
4. Find great talent, let it soar!
5. Lead by Love!
6. Trust your gut, not the focus group: Seize the Moment!
7. Vigor!
8. Master your craft.
9. Work harder than the next person.
10. Show the way, walk the talk, exude confidence! Start a Passion
Epidemic!
11. Change the rules: Create your own game!
12. Shake of the pain, get back up off the ground, the timing may
well be
right tomorrow! (E.g., Get lucky!)
13. By hook or by crook, quash your fear of failure, savor your
quirkiness
and participate fully in the fray!
Source: Andrew Lambert, Nelson: Britannia’s God of War
“[other]
admirals more
frightened of
losing than
anxious to win”
On NELSON:
“He above all encouraged
(and prepared) his
subordinates to seize the
initiative whenever
necessary, particularly in
the fog of war —and the
men who served under him
knew what he expected.” —Jay
Tolson, on “The Nelson Touch,” The Battle That
Changed The World
… tireless self-promoter, sought hero status, sought
patronage [suck up] … guts, courage, master of his craft …
passion for pleasures of the flesh, driven by duty, obsessed
(no “work-life balance”) … autocratic, dictatorial … team
player, practitioner of participative management 200 years
before it was popularized, loved hanging out with the lads …
man’s man, lady’s man … diligent manager (eg, logistics),
powerfully inspirational, spiritual, passionate … ambitious,
aggressive, confident, impulsive, rarely cautious or
circumspect, risk-taker … emotional, spiritual, expressed
feelings openly, classless, fair, self-sacrificing, encouraging,
optimistic … unconventional, did not get along well with
superiors … xenophobic, immodest, impatient, intolerant,
imprudent in public and in private … led from the front, zeal
for action, despair over bureaucrats (“I hate the pen and ink
men”), … lucky … —Stephanie Jones & Jonathan Gosling, Nelson’s Way:
Leaderhip Lessons from the Great Commander
Fisherisms
Do right and damn the odds.
Stagnation is the curse of life.
The best is the cheapest.
Emotion can sway the world.
Mad things come off.
Haste in all things.
Any fool can obey orders.
History is a record of exploded ideas.
Life is phrases.
Source: Jan Morris, Fisher’s Face, Or, Getting to Know the Admiral
“We must have no
tinkering! No pandering
to sentiment! No regard
for susceptibilities! We
must be ruthless,
relentless, and
remorseless.” —Jan Morris, Fisher’s Face, Or,
Getting to Know the Admiral
“extraordinary
arrogance,
superciliousness,
humor, kindness,
effrontery”
—Jan Morris on Lord
Admiral Jack Fisher, Fisher’s Face, Or, Getting to Know
the Admiral
BOYD
He who has the
quickest O.O.D.A.
Loops* wins!
*Observe. Orient. Decide. Act. /Col. John Boyd
OODA Loop/Boyd Cycle
“Unraveling the competition”/ Quick
Transients/ Quick Tempo (NOT JUST
SPEED!)/ Agility/ “So quick it is
disconcerting” (adversary over-reacts
or under-reacts)/ “Winners used
tactics that caused the enemy to
unravel before the fight” (NEVER
HEAD TO HEAD)
BOYD: The Fighter Pilot Who Changed
the Art of War (Robert Coram)
“Fast Transients”
“Buttonhook turn”
(YF16: “could flick from one
maneuver to another faster
than any aircraft”)
BOYD: The Fighter Pilot Who Changed
the Art of War (Robert Coram)
“Blitzkrieg is far more than lightning
thrusts that most people think of when
they hear the term; rather it was all about
high operational tempo and the rapid
exploitation of opportunity.” —Robert Coram,
Boyd
“Re-arrange the mind of the
enemy” —T.E. Lawrence
“Float like a butterfly, sting like a bee” —Ali
BOYD: The Fighter Pilot Who Changed
the Art of War (Robert Coram)
F86 vs. MiG/Korea/10:1
Bubble canopy (360 degree view)
Full hydraulic controls (“The F86
driver could go from one maneuver to
another faster than the MiG driver”)
MiG: “faster in raw acceleration and
turning ability”; F86: “quicker in
changing maneuvers”
BOYD: The Fighter Pilot Who Changed the Art of War (Robert Coram)
USMC COL Mike Wyly: “kept
the enemy off-balance;
they knew Delta
Company [RVN] could
show up anywhere,
anytime”
BOYD: The Fighter Pilot Who Changed
the Art of War (Robert Coram)
“Maneuverists”
BOYD: The Fighter Pilot Who
Changed the Art of War (Robert Coram)
“The stuff has got to
be implicit. If it is
explicit, you can’t do
it fast enough.”
BOYD: The Fighter Pilot Who Changed
the Art of War (Robert Coram)
Eglin Flag: “100% AGAINST
ZERO DEFECTS”
“General, if you’re not having
accidents, your training program
is not what it should be. … You
need to kill some pilots.” —John Boyd
BOYD: The Fighter Pilot Who Changed
the Art of War (Robert Coram)
“To Be
somebody or to
Do something”
John Boyd:
BOYD: The Fighter Pilot Who Changed
the Art of War (Robert Coram)
“If your boss
demands loyalty, give
him integrity. But if he
demands integrity,
give him loyalty.”
—John Boyd
BOYD: The Fighter Pilot Who Changed
the Art of War (Robert Coram)
BOSSIDY
“I saw that leaders placed too
much emphasis on what some
call high-level strategy, on
intellectualizing and
philosophizing, and not enough
on implementation. People
would agree on a project or
initiative, and then nothing
would come of it.” —Larry Bossidy & Ram
Charan/
Execution: The Discipline of Getting Things Done
“Execution is a
systematic process of
rigorously discussing
hows and whats,
tenaciously following
through, and ensuring
accountability.”
—Larry Bossidy & Ram
Charan/ Execution: The Discipline of Getting Things Done
“Execution is
the job of the
business
leader.”
—Larry Bossidy & Ram
Charan/ Execution: The Discipline of Getting Things Done
(“Leaders
‘do’ people.
Period.” )
—TP
The Leader’s Seven Essential Behaviors
*Know your people and your
business
*Insist on realism
*Set clear goals and priorities
*Follow through
*Reward the doers
*Expand people’s capabilities
*Know yourself
Source: Larry Bossidy & Ram Charan/ Execution: The Discipline of Getting Things Done
Action8/VPMR+/Peters on Bossidy
*Knowledge/External Focus (Competitors/Customers)
*Realism/Truth-telling
*Vision
*Projects (Must add up to Vision)
*Milestones
*Commitment/Energy
*RapidReview
*Consequences (+/-)
“Realism is
the heart of
execution.”
—Larry Bossidy & Ram Charan/Execution:
The Discipline of Getting Things Done
"A business unit strategy
should be less than fifty pages
long and should be easy to
understand. Its essence should
be describable in one page ... If
you can't describe your strategy
in twenty minutes, simply and
in plain language, you haven't
got a plan.” —Larry Bossidy
“robust
dialogue”
—Larry Bossidy & Ram Charan/
Execution: The Discipline of Getting Things Done
Relentless!*
*Churchill, Grant, Patton, Welch, Bossidy, Nardelli (GE
execs), UPS, FedEx, Microsoft/Gates-Ballmer, Eisner,
Weill, eBay, Nixon-Kissinger, Gerstner, Rice, Jordan,
Armstrong
“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 peculiarity of his character: Grant
had an
extreme, almost phobic dislike of turning
back and retracing his steps. 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
“The person who is a little less
conceptual but is absolutely determined
to succeed will usually find the right
people and get them together to achieve
objectives. I’m not knocking education
or looking for dumb people. But if you
have to choose between someone with a
staggering IQ and an elite education
who’s gliding along, and someone with a
lower IQ but who is absolutely
determined to succeed, you’ll always do
better with the second person.”
—Larry Bossidy (Larry Bossidy & Ram Charan/
Execution: The Discipline of Getting Things Done)
Duct Tape Rules!
“Andrew Higgins, who built
landing craft in WWII, refused to
hire graduates of engineering
schools. He believed that they only teach you
what you can’t do in engineering school. He
started off with 20 employees, and by the middle
of the war had 30,000 working for him. He turned
out 20,000 landing craft. D.D. Eisenhower told
me, ‘Andrew Higgins won the war for us. He did
it without engineers.’ ” —Stephen Ambrose/Fast Company
Ye gads: “Thomas
Stanley has not
only found no correlation
between success in school and
an ability to accumulate
wealth, he’s actually found a
negative correlation. ‘It seems that school-
related evaluations are poor predictors of economic success,’ Stanley
concluded. What did predict success was a willingness to take risks.
Yet the success-failure standards of most schools penalized risk
takers. Most educational systems reward those who play it safe. As a
result, those who do well in school find it hard to take risks later on.”
Richard Farson & Ralph Keyes, Whoever Makes the Most Mistakes Wins
“We have a
‘strategic’
plan. It’s
called doing
things.”
— Herb Kelleher
Napoleon’ “six winning principles”: Exactitude (sweat the details).
Speed. Flexibility. Simplicity. Character. Moral Force.
Simplicity: “The art of war does not require complicated
maneuvers; the simplest are the best, and common sense is
fundamental. From which one might wonder how it is generals
make blunders; it is because they try to be clever.”
Character: “A military leader must possess as much character as
intellect. Men who have a great deal of intelligence and little
character are the least suited. … It is preferable to have much
character and little intellect.”
Source: Jerry Manas, Napoleon on Project Management
1 of 2,400
6:15A.M.
A man approached JP Morgan, held up an envelope, and said, “Sir, in
my hand I hold a guaranteed formula for success, which I will gladly
sell you for $25,000.”
“Sir,” JP Morgan replied, “I do not know what is in the envelope,
however if you show me, and I like it, I give you my word as a
gentleman that I will pay you what you ask.”
The man agreed to the terms, and handed over the envelope.
JP Morgan opened it, and extracted a single sheet of paper.
He gave it one look, a mere glance, then handed the piece of paper
back to the gent.
And paid him the
agreed-upon $25,000 …
1. Every morning, write a
list of the things that
need to be done that
day.
2. Do them.
Source: Hugh MacLeod/tompeters.com/NPR
EXCELLENCE.
ALWAYS.
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