EXECUTIVE SUMMARY Tom Peters Reimagine Business Excellence in a Disruptive Age YPOChicago22October20

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EXECUTIVE SUMMARYTom PetersRe-imagine!Busin
ess Excellence in a Disruptive AgeYPO/Chicago/22
October2003
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Uncertainty is the only thing to be sure of.
Anthony Muh,head of investment in Asia,
Citigroup Asset Management If you dont like
change, youre going to like irrelevance even
less. General Eric Shinseki, Chief of Staff,
U. S. Army
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Re-imagine! Business Excellence
in a Disruptive Age1.
It is the foremost taskand responsibilityof
our generation to re-imagine our enterprises
and institutions, public and private.
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Re-imagine!2.
War-making, commerce, politics, and the
essential nature of human interchange have
come unglued. We are in a Brawl with No
Rules. We have to make it up as we go along.
(Success S.A.V. Screw Around
Vigorously.) (Fail. Forward. Fast.)
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Re-imagine!3.
Incrementalism is .. Out. Destruction is
In. Built to last is Out. Built to flip is
In.
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No Wiggle Room! Incrementalism is innovations
worst enemy. Nicholas Negroponte
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Just Say No I dont intend to be known as the
King of the Tinkerers. CEO, large financial
services company
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Re-imagine! 4. There is no
higher priority than the Total
Transformation of all business practice to
eBusiness practiceencompassing every
element of the enterprise and every member
of its family of alliances and partners. The
Internet changes everything. Now.
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100 square feet
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5. Ninety percent of white-collar jobs (90
percent of all jobs) as we know them will be
disemboweled in the next 15 years.
Done. Gone. Kaput.
Re-imagine!
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E.g. Jeff Immelt 75 of admin, back room,
finance digitalized in 3 years.Source BW
(01.28.02)
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6. Winners (survivors!) will become de
facto bosses of Me Inc. Free the Cubicle
Slaves! Self-reliance replaces corporate
cosseting. Hooray!
Re-imagine!
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If there is nothing very special about your
work, no matter how hard you apply yourself, you
wont get noticed, and that increasingly means
you wont get paid much either.Michael
Goldhaber, Wired
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Re-imagine!7. We must learn to add value
through creativity, by inventing
Extraordinary Experiences which provide
scintillating solutions to customers oft
unexpressed desires and dreams. Out
Tangibles. In Intangibles.
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Gerstners IBM Systems Integrator of choice.
Global Services 35B. Pledge/99 Business
Partner Charter. 72 strategic partners, aim for
200. Drop many in-house programs/products.
(BW/12.01).
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Experience Rebel Lifestyle!What we sell is
the ability for a 43-year-old accountant to dress
in black leather, ride through small towns and
have people be afraid of him.Harley exec,
quoted in Results-Based Leadership
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WHAT CAN BROWN DO FOR YOU?
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Its All About EXPERIENCES Trapper to
Wildlife Damage-control ProfessionalTrapper
beaver 750-1,000 for flood-control piping
so that beavers can stay.Source
WSJ/05.21.2002
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Re-imagine!8. Design Rules in an Age of
Experiences/ Dream Fulfillment.
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Design Transforms even the Biggest
Corporations!TARGET the champion of
Americas new design democracy (Time) Marketer
of the Year 2000 (Advertising Age)
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Westins Heavenly Bed
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Re-imagine!9. Brand Value All Value
Obeisance to Metaphysical Management.
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WHO ARE WE?
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WHATS OUR STORY?
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We are in the twilight of a society based on
data. As information and intelligence become the
domain of computers, society will place more
value on the one human ability that cannot be
automated emotion. Imagination, myth, ritual -
the language of emotion - will affect everything
from our purchasing decisions to how we work with
others. Companies will thrive on the basis of
their stories and myths. Companies will need to
understand that their products are less important
than their stories.Rolf Jensen, Copenhagen
Institute for Future Studies
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Re-imagine!10. Women buy (ALL) the
stuff. Re-imagine the brand itselfand all
business practicesaround women-as-
purchasers.
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?????????Home Furnishings 94Vacations 92
(Adventure Travel 70/ 55B travel
equipment)Houses 91D.I.Y. (home projects)
80Consumer Electronics 51 Cars 60
(90)All consumer purchases 83 Bank Account
89Health Care 80
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4.8T Japan9M/27.5M/3.6T Germany
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Women dont buy brands. They join
them.EVEolution
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2.6 vs. 21
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27 March 2000 email to TP from Shelley Rae
Norbeck I make 1/3rd more money than my
husband does. I have as much financial pull in
the relationship as he does. Id say this is also
true of most of my women friends. Someone should
wake up, smell the coffee and kiss our asses long
enough to sell us something! We have money to
spend and nobody wants it!
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Re-imagine!11.
Boomers Geezers have (ALL) the money. Pay
attention!
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Marketers attempts at reaching those over 50
have been miserably unsuccessful. No markets
motivations and needs are so poorly
understood.Peter Francese, founding publisher,
American Demographics
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Age Power will rule the 21st century, and we
are woefully unprepared.Ken Dychtwald, Age
Power How the 21st Century Will Be Ruled by the
New Old
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Re-imagine!12. Creative Enterprises demand
Awesome ( Creative) Talent. Everywhere.
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When land was the scarce resource, nations
battled over it. The same is happening now for
talented people.Stan Davis Christopher
Meyer, futureWEALTH
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Brand Talent.
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Talent!Tina Brown The first thing to do is to
hire enough talent that a critical mass of
excitement starts to grow.Source
Business2.0/12.2002-01.2003
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Message Some people are better than other
people. Some people are a helluva lot better than
other people.
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Re-imagine!13. Women are Tomorrows
Leaders. (Period.)
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AS LEADERS, WOMEN RULE New Studies find that
female managers outshine their male counterparts
in almost every measureTitle, Special Report,
BusinessWeek, 11.20.00
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!!!!!!!!!!!!!!!14 to 168Leadership
Positions/DT/1992-2002/WIAR
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Re-imagine!14. Talent Development rests upon
Total Re-imagining of our insipid
schools. Those who color outside the
box and cant sit still are the New
Heroes.
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My wife and I went to a kindergarten
parent-teacher conference and were informed that
our budding refrigerator artist, Christopher,
would be receiving a grade of Unsatisfactory in
art. We were shocked. How could any childlet
alone our childreceive a poor grade in art at
such a young age? His teacher informed us that he
had refused to color within the lines, which was
a state requirement for demonstrating
grade-level motor skills. Jordan Ayan, AHA!
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How many artists are there in the room? Would
you please raise your hands. FIRST GRADE En
masse the children leapt from their seats, arms
waving. Every child was an artist. SECOND GRADE
About half the kids raised their hands, shoulder
high, no higher. The hands were still. THIRD
GRADE At best, 10 kids out of 30 would raise a
hand, tentatively, self-consciously. By the time
I reached SIXTH GRADE, no more than one or two
kids raised their hands, and then ever so
slightly, betraying a fear of being identified by
the group as a closet artist. The point is
Every school I visited was participating in the
suppression of creative genius.Gordon
MacKenzie, Orbiting the Giant Hairball A
Corporate Fools Guide to Surviving with Grace
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Re-imagine!15. Weird Wins in Weird Times.
(Innovation Easy. Hang Out with Weird
Get Weird.) (Q.E.D.)
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THINK WEIRD The High Standard Deviation
Enterprise.
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Saviors-in-WaitingDisgruntled
CustomersOff-the-Scope CompetitorsRogue
EmployeesFringe SuppliersWayne Burkan, Wide
Angle Vision Beat the Competition by Focusing on
Fringe Competitors, Lost Customers, and Rogue
Employees
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Re-imagine!16. Leading Re-imagining
Unleashing Passion in One All. Winners
Pursue Quests to Places as Yet Unimagined.
Leaders applaud their followers Quirky
Bravery and egg them on to ever more
wild woolly experiments.
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I dont know.
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Dream as if youll live forever. Live as if
youll die today. James Dean
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In Toms world its 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
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