Title: Tube: The Invention of Television David & Marshall Fishe
1 Tom PetersEXCELLENCE. ALWAYS.Istanbul/17O
ctober2006
2Slides at tompeters.comalso long
3The Irreducible209/Words/The Sales122/
60TIBs/Tom-A-to, Tom-ah-to
4 EXCELLENCE. ALL YOU NEED TO KNOW.
525
6MBWA
7MBWA, Grameen Style!Conventional banks ask
their clients to come to their office. Its a
terrifying place for the poor and illiterate.
The entire Grameen Bank system runs on the
principle that people should not come to the
bank, the bank should go to the people. If any
staff member is seen in the office, it should be
taken as a violation of the rules of the Grameen
Bank. It is essential that those setting up a
new village Branch have no office and no place
to stay. The reason is to make us as different as
possible from government officials. Source
Muhammad Yunus, Banker to the Poor
8hard is soft.soft is Hard.
9 EXCELLENCE. THE SETTING.
105 (Years) /42 (New Airports)
11 One Singaporean worker costs as much as
3 in Malaysia 8 in
Thailand 13 in China 18 in
India. Source The Straits Times/2003
12It is not the strongest of the species that
survives, nor the most intelligent, but the one
most responsive to change. Charles Darwin
13I am often asked by would-be entrepreneurs
seeking escape from life within huge corporate
structures, How do I build a small firm for
myself? The answer seems obvious Buy a very
large one and just wait. Paul Ormerod, Why
Most Things Fail Evolution, Extinction and
Economics
14Forbes100 from 1917 to 1987 39 members of the
Class of 17 were alive in 87 18 in 87 F100
18 F100 survivors significantly underperformed
the market just 2 (2), GE Kodak,
outperformed the market from 1917 to 1987.SP
500 from 1957 to 1997 74 members of the Class of
57 were alive in 97 12 (2.4) of 500
outperformed the market from 1957 to
1997.Source Dick Foster Sarah Kaplan,
Creative Destruction Why Companies That Are
Built to Last Underperform the Market
15It is generally much easier to kill an
organization than change it substantially.
Kevin Kelly, Out of Control
16C.E.O. to C.D.O.
17 EXCELLENCE. STARTERS.BASICS.K.I.S.S.
18Franchise Lost! TP How many of you 600
really crave a new Chevy?
19Ford, GM and Chrysler do not just make cars
expensively they make bad cars expensively.
Investec analyst, International Herald, 0805.06
20People.Product.Clients.Execution.Enthusiasm.E
xcellence.
21 BASICSK.I.S.S.
22People.Product.Clients.Execution.Enthusiasm.E
xcellence.Resilience.
23People.Product.Clients.Execution.Enthusiasm.E
xcellence.Resilience.Relentlessness.
24Success seems to be largely a matter of hanging
on after others have let go. William Feather,
author (c.f. Woody Allen 90 of success is
showing up.)
25People.Product.Clients.Execution.Enthusiasm.E
xcellence.Resilience.Relentlessness. Senility.
26ForgetgtLearnThe problem is never how to get
new, innovative thoughts into your mind, but how
to get the old ones out. Dee Hock
27 BASICSK.I.S.S.
28MBA-On-A-Single-SlideP R - C
29Analysts 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 so many
got caught, and earnings went to hell. They said,
Oh my gosh, you need revenues to grow earnings
over time. Well, Duh! Dick Kovacevich, Wells
Fargo
30CROChief Revenue Officer
31 EXCELLENCE. THE WORD.
32SynonymsPurityTranscendenceVirtueEleganceMaj
estyAntonymsMediocrity
33 EXCELLENCE. GAMECHANGER.
34Excellence1982 The Bedrock Eight Basics 1. A
Bias for Action 2. Close to the Customer 3.
Autonomy and Entrepreneurship 4. Productivity
Through People 5. Hands On, Value-Driven 6. Stick
to the Knitting 7. Simple Form, Lean Staff 8.
Simultaneous Loose-Tight Properties
35 EXCELLENCE.ASPIRATION. YOU ME.
36The First step in a dramatic organizational
change program is obviousdramatic personal
change! RG
37 EXCELLENCE. INNOVATE. OR. DIE.
38A focus on cost-cutting and efficiency has
helped many organizations weather the downturn,
but this approach will ultimately render them
obsolete. Only the constant pursuit of innovation
can ensure long-term success. Daniel Muzyka,
Dean, Sauder School of Business, Univ of British
Columbia
39I dont believe in economies of scale. You dont
get better by being bigger. You get worse.
Dick Kovacevich/Wells Fargo
40When asked to name just one big merger that had
lived up to expectations, Leon Cooperman, former
cochairman of Goldman Sachs Investment Policy
Committee, answered Im sure there are success
stories out there, but at this moment I draw a
blank. Mark Sirower, The Synergy Trap
41EVERYTHING YOU THOUGHT YOU KNEW ABOUT
INNOVATION IS WRONG
42The Mess Is the Message! Period!
43The Mess Is the Message! Period!An Economic
Interpretation of the Constitution of the United
States Charles Beard (1913)The Box How the
Shipping Container Made the World Smaller and the
World Economy Bigger Marc LevinsonTube The
Invention of Television David Marshall Fisher
Empires of Light Edison, Tesla, Westinghouse,
and the Race to Electrify the World Jill
JonnesThe Soul of a New Machine Tracy
KidderRosalind Franklin The Dark Lady of DNA
Brenda MaddoxThe Blitzkrieg Myth John
Mosier
44Get mad. Do something about it. Now.
45Innovation Tactics
46 We become who we spend time with!
47Measure Strangeness/Portfolio
QualityStaffConsultantsVendorsOut-sourcing
Partners (, Quality)Innovation Alliance
PartnersCustomersCompetitors (who we
benchmark against) Strategic Initiatives
Product Portfolio (LineEx v. Leap)IS/IT
ProjectsHQ LocationLunch MatesLanguageBoard
48The Bottleneck Is at the Top of the
BottleWhere are you likely to find people
with the least diversity of experience, the
largest investment in the past, and the greatest
reverence for industry dogma At the top!
Gary Hamel/Harvard Business Review
49Find em!
50Some people look for things that went wrong and
try to fix them. I look for things that went
right, and try to build off them. Bob Stone (Mr
ReGo)
51Stories! Heroes!
52send them on an adventure!
53The role of the Director is to create a space
where the actor or actress can become more than
theyve ever been before, more than theyve
dreamed of being. Robert Altman, Oscar
acceptance
54build a Parallel universe!
55SkunkWorks/ ParallelUniversethe 1
solutionSource Scott Bedbury (Others 3M,
Google, Shell, NAVFAC)
56 try it. Try it. Try it. Try it. Try it. Try it.
Try it. Try it. Try it. Try it. Try it. Try it.
Try it. Try it. Try it. Try it. try it. Try it.
Try it. try it. Try it. Try it. Try it. Try it.
Try it.
57 This is so simple it sounds stupid, but it is
amazing how few oil people really understand that
you only find oil if you drill wells. You may
think youre finding it when youre drawing maps
and studying logs, but you have to drill.
Source The Hunters, by John Masters, Canadian
O G wildcatter
58 drill.
59We have a strategic plan. Its called doing
things. Herb Kelleher
60do things.
61Experiment fearlesslySource BW0821.06, Type
A Organization Strategies/ How to Hit a Moving
TargetTactic 1
62We made mistakes, of course. Most of them were
omissions we didnt 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,
were 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 planfor months. Bloomberg
by Bloomberg
63READY.FIRE!AIM.Ross Perot (vs Aim! Aim!
Aim! /EDS vs GM/1985)
64Excellence1982 The Bedrock Eight Basics 1. A
Bias for Action 2. Close to the Customer 3.
Autonomy and Entrepreneurship 4. Productivity
Through People 5. Hands On, Value-Driven 6. Stick
to the Knitting 7. Simple Form, Lean Staff 8.
Simultaneous Loose-Tight Properties
65 tolerate encourage? failure
66Fail . Forward. Fast.High Tech CEO,
PennsylvaniaFail faster. Succeed
Sooner.David Kelley/IDEO
67Sams Secret 1!
68Speed/ Tempo
69 We dont sell insurance anymore. We sell
speed. Peter Lewis, Progressive
70the FedEx Economy headline/New York
Times/10.08.05
71Any3 Anything/ Anywhere/ Anytime
72 go for it
73Immelt is now identifying technologies with
which GE will systematically set out to
build entirely new industries
StrategyBusiness, Fall 2005
74Beware of the tyranny of making Small Changes
to Small Things. Rather, make Big Changes to Big
Things. Roger Enrico, former Chairman,
PepsiCo
75Reward excellent failures. Punish mediocre
successes.Phil Daniels, Sydney exec
76 EXCELLENCE. VALUE ADDED.UP THE LADDER.
77 EXCELLENCE.VALUE-ADDED LADDER I. SOLVE IT.
7855B
79Up, Up, Up, Up the Value-added Ladder.
80The Value-added Ladder/ STUFF N THINGSGoods
Raw Materials
81The Value-added Ladder/Stuff TRANSACTIONSServ
icesGoods Raw Materials
82The Value-added Ladder/ OPPORTUNITY-SEEKING
Gamechanging SolutionsServicesGoods Raw
Materials
83 EXCELLENCE.NECESSITY.OPPORTUNITY.
84 Outsourcing is over-emphasized. Those who
fear outsourcing should in fact be afraid of
irrelevanceoutsourcing is just another way of
saying that youve become irrelevant to your
customers. John Battelle/Point/Advertising
Age/07.05
85 support function / cost center/ overhead
or
86Are you Rock Stars of the Age of Talent
87Department Head to Managing Partner, IS
HR, RD, etc. Inc.
88Core MechanismGame-changing Solutions PSF
(Professional Service Firm model/The
Organizing Principle) Brand You(Distinct or
Extinct/The Talent) Wow! Projects
(Different vs Better/The Work)
89 EXCELLENCE. ATTITUDE.TRANSFORMATION.PSF.
90Purchasing Officer Thrust 1 Cost (at All
Costs) Minimization Professional? Or/to Full
Partner-Leader in Lifetime Value-added
Maximization?(Lopez Arguably Villain 1 in
GM tragedy/Anon VSE-Spain)
91 EXCELLENCE.VALUE-ADDED LADDER II. EXPERIENCE
IT.
92Experiences are as distinct from services as
services are from goods. Joe Pine Jim
Gilmore, The Experience Economy Work Is Theatre
Every Business a Stage
93Experience 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
94Up, Up, Up, Up the Value-added Ladder.
95The Value-added Ladder/ MEMORABLE
CONNECTIONSpellbinding Experiences
Gamechanging SolutionsServicesGoods Raw
Materials
96 EXCELLENCE. 1.
97Jims Group Jim Penman/Empire Builders/MT
/Jan/Feb 2006/Australia
98Jims Group Jim Penman. 1984 Jims Mowing.
2006 Jims Group. 2,600 franchisees (Australia,
NZ, UK). Cleaning. Dog washing. Handyman.
Fencing. Paving. Pool care. Etc.People
first. Private. Small staff. Franchisees can
leave at will. 0-1 complaint per year is norm
cut bad ones quickly.Ph.D. cross-cultural
anthropology mowing on the sideSource
MT/Management Today (Australia), Jan-Feb 2006
99Small Giants Companies That Choose To Be Great
Instead Of Big by Bo Burlingham
100 EXCELLENCE.VALUE-ADDED LADDER III. DREAM
IT.
101Furniture vs. DreamsWe do not sell furniture
at Domain. We sell dreams. This is accomplished
by addressing the half-formed 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
102Up, Up, Up, Up the Value-added Ladder.
103The Value-added Ladder/ EMOTIONDreams Come
TrueSpellbinding Experiences Gamechanging
SolutionsServicesGoods Raw Materials
104Dreams Come TrueIBM
105The (NEW) Value-added LadderDreams Come
TrueSpellbinding Experiences Gamechanging
SolutionsServicesGoods Raw Materials
106 EXCELLENCE. SOUL.DESIGN.
107All Equal Except At Sony we assume that all
products of our competitors have basically the
same technology, price, performance and features.
Design is the only thing that differentiates one
product from another in the marketplace. Norio
Ohga
108 EXCELLENCE.DESIGN. SYSTEMS. K.I.S.S.
109450/8
110"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
111 EXCELLENCE.NEW MARKETS.ENORMOUS.
OPPORTUNITIES.
112 EXCELLENCE. OPPORTUNITY.ENORMOUS.WOMEN.
113Women are the majority market Fara
Warner/The Power of the Purse
114Selling to men The TRANSACTION ModelSelling to
Women The RELATIONAL ModelSource Selling
to Men, Selling to Women, Jeffery Tobias Halter
115 WOMEN. DOMINATE. ECONOMIC. GROWTH.
116Forget China, India and the Internet Economic
Growth Is Driven by Women. Headline, Economist,
April 15, 2006, Leader, page 14
117 EXCELLENCE. OPPORTUNITY.ENORMOUS.RAPIDLY
AGING POPULATION.
1182000-2010 Stats18-44 -155 21(55-64
47)
11944-65 New Customer Majority 45 larger
than 18-43 60 larger by 2010Source Ageless
Marketing, David Wolfe Robert Snyder
120The 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
121 EXCELLENCE. 4/40.
1224/40
123De-cent-ral-iz-a-tion!
124If if feels painful and scarythats real
delegation Caspian Woods, small biz owner
125Ex-e-cu-tion!
126Execution is the job of the business leader.
Larry Bossidy Ram Charan/ Execution The
Discipline of Getting Things Done
127Ac-count-a-bil-ity!
128GE has set a standard of candor. There is no
puffery. There isnt an ounce of denial in the
place. Kevin Sharer, CEO Amgen, on the GE
mystique (Fortune)
129615A.M.
130 EXCELLENCE. BEDROCK.TALENT.
131Hire very good people!
132We believe companies can increase their market
cap 50 percent in 3 years. Steve Macadam at
Georgia-Pacific changed 20 of his 40 box plant
managers to put more talented, higher paid
managers in charge. He increased profitability
from 25 million to 80 million in 2 years.
Ed Michaels, War for Talent
133INVITE THEM TO JOIN US IN A JOURNEY TO EXCELLENCE!
134In the end, management doesnt change culture.
Management invites the workforce itself to
change the culture. Lou Gerstner
135Leaderships Mt Everest/Mt Excellencefree to
do his or her absolute best allow its
members to discover their greatness.
136The role of the Director is to create a space
where the actor or actress can become more than
theyve ever been before, more than theyve
dreamed of being. Robert Altman, Oscar
acceptance
137EMPHASIZE THE SOFT SKILLS.
138?
139PUT HR AT THE HEAD OF THE HEAD TABLE. BEST
PEOPLE. NOBLEST MISSION.
140A review of Jack and Suzy Welchs Winning claims
there are but two key differentiators that set GE
culture apart from the herd First Separating
financial forecasting and performance
measurement. Performance measurement based, as it
usually is, on budgeting leads to an epidemic of
gaming the system. GEs performance measurement
is divorced from budgetingand instead reflects
how you do relative to your past performance and
relative to competitors performance i.e., its
about how you actually do in the context of what
happened in the real world, not as compared to a
gamed-abstract plan developed last year.
Second Putting HR on a par with finance and
marketing.
141SO YOURE A PEOPLE PERSON? PROVE IT.
142Leaders do people. Period. Anon.
143LIVE FOR TALENT!
144Our MissionTo develop and manage talentto
apply that talent,throughout the world, for the
benefit of clientsto do so in partnership to
do so with profit.WPP
145 Brand Talent.
146 EXCELLENCE. INDIVIDUAL.BRAND YOU.
147If 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
148 New Work
SurvivalKit.2006 1. MASTERY! (Best/Absurdly Good
at Something!)2. Manage to Legacy (All Work
Memorable/Braggable WOW Projects!) 3. A
USP/UNIQUE SELLING PROPOSITION 4. Rolodex
Obsession (From vertical/hierarchy/suck up
loyalty to horizontal/colleague/mate
loyalty)5. ENTREPRENEURIAL INSTINCT (A sleepless
Eye for Opportunity! 6.CEO/LEADER/BUSINESSPERSO
N/CLOSER (CEO, Me Inc. 24/7!)7. Master of
Improv (Play a dozen parts simultaneously, from
Chief Strategist to Chief Toilet Scrubber)8.
Sense of Humor (A willingness to Screw Up Move
On) 9. Comfortable with Your Skin (Bring
interesting you to work!)10. Intense Appetite
for Technology (E.g. How Cool-Active is your
Web site? Do you Blog?)11. EMBRACE MARKETING
(Your own CSO/Chief Storytelling Officer)12.
PASSION FOR RENEWAL (Your own CLO/Chief Learning
Officer) 13. EXECUTION EXCELLENCE! (Show up on
time! Leave last!)
149Distinct or Extinct
150 EXCELLENCE. BEDROCK.LEADERSHIP.
151 EXCELLENCE. BEDROCK.PURPOSE.
152I never, ever thought of myself as a
businessman. I was interested in creating things
I would be proud of. Richard Branson
153People want to be part of something larger than
themselves. They want to be part of something
theyre really proud of, that theyll fight for,
sacrifice for , trust. Howard Schultz,
Starbucks (IBD/09.05)
154Ah, kids What is your vision for the future?
What have you accomplished since your first
book? Close your eyes and imagine me
immediately doing something about what youve
just said. What would it be? Do you feel you
have an obligation to Make the world a better
place?
155 EXCELLENCE.ENTHUSIASM.ENERGY. PASSION.
156Nothing is so contagious as enthusiasm.
Samuel Taylor Coleridge
157 EXCELLENCE. SHOWING UP.
158You must be the change you wish to see in the
world.Gandhi
159 EXCELLENCE. AIM FOR THE STARS.
160The greatest dangerfor most of usis not that
our aim istoo highand we miss it,but that it
istoo lowand we reach it.Michelangelo
161 Kevin Roberts Credo1.
Ready. Fire! Aim.2. If it aint 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!
162Sir Richards RulesFollow your passions.Keep
it simple.Get the best people to help
you.Re-create yourself.Play.Source Fortune
on Branson
163 EXCELLENCE. THE LEADERSHIP23.
164 Leadership23/ML1.
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.
165 Leadership23/ML13.
Legacy.14. Best story wins.15. On the edge.
(Wildest chimera of a moonstruck
mind.) 16. Reward excellent failures. Punish
mediocre successes.17. Different gt Better.
(Only ones who do what we do.)18. MBWA.
Customer MBWA.19. Laughs.20. Repot. Curiosity.
Why?21. You Calendar. To Dont. Two.22.
Excellence. Always. 23. Nelsonian! (Other
admirals more afraid of losing than anxious
to win.)
166 EXCELLENCE. DREAM.DO.
167No leader sets out to be a leader, but rather to
express him- or herself freely and fully.
Warren Bennis, On Becoming a Leader
168Everyone lives by selling something. Robert
Louis Stevenson
169 You only find oil if you drill wells. The
Hunters, by John Masters, Canadian O G
wildcatter
170 EXCELLE ALWAYS.