Title: 'intrepid, unprincipled, reckless, predatory, with boundles
1Tom Peters Squares Off with Jim Collins.
OrThe Case for Technicolor!Tom
Peters/03.16.2004
2 intrepid, unprincipled, reckless, predatory,
with boundless ambition, civilized in externals
but a savage at heart.
3Herman Melville on JPJ intrepid, unprincipled,
reckless, predatory, with boundless ambition,
civilized in externals but a savage at heart.
from Evan Thomas, John Paul Jones Sailor, Hero,
Father of the American Navy
4Huh?Humility The Surprise Factor in
Leadership bosses with Gung-ho Qualities and
Charisma May Be Out of Fashion Headline/FT/re
JCollins/10.03
5Jim Tom. Joined at the hip. Not.
6I. Good to GreatII. Built to LastIII. Quiet,
Humble Leaders
7I. Good to GreatII. Built to LastIII. Quiet,
Humble Leaders
8Good to Great Fannie Mae Kroger Walgreens
Philip Morris Pitney Bowes Abbott
Kimberly-Clark Wells Fargo
9Good to Great Fannie Mae Kroger Walgreens
Philip Morris Pitney Bowes Abbott
Kimberly-Clark Wells Fargo
10Good to Great Fannie Mae and Freddie Mac
receive as much as 164 billion in implicit
federal subsidies but have done little to
increase home ownership or reduce the cost of
home loans, according to a draft study by the
Federal Reserve. New York Times/12.23.03
(Average rate reduction is 7 basis points, or
.07)
11Great Companies SET THE AGENDA. (Period.)
12AGENDA SETTERS Set the Table/ Pioneers/
Questors/ AdventurersUS Steel Ford Macys
Sears Litton Industries ITT The Gap
Limited WalMart PG 3M Intel IBM
Apple Nokia Cisco Dell MCI Sun Oracle
Microsoft Enron Schwab GE Southwest
Laker People Express Ogilvy Chiat/Day
Virgin eBay Amazon Sony BMW CNN
13T B Atari, DEC, WANG?J vs. T HP/CarlyF?
14I. Good to GreatII. Built to LastIII. Quiet,
Humble Leaders
15Built to Last v. Built to FlipThe problem with
Built to Last is that its a romantic notion.
Large companies are incapable of ongoing
innovation, of ongoing flexibility.Increasingl
y, successful businesses will be ephemeral. They
will be built to yield something of value and
once that value has been exhausted, they will
vanish.Fast Company
16Warren Bennis Patricia Ward Biederman/
Organizing Genius Great Groups Dont Last Very
Long!
17W.A. Mozart 1756 1791 HE CHANGED THE
WORLD AND ENRICHED HUMANITY
18We are in a brawl with no rules.Paul Allaire
19Forbes100 from 1917 to 1987 39 members of the
Class of 17 were alive in 87 18 in 87 F100
18 F100 survivors underperformed the market by
20 just 2 (2), GE Kodak, outperformed the
market 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
20The difficulties arise from the inherent
conflict between the need to control existing
operations and the need to create the kind of
environment that will permit new ideas to
flourishand old ones to die a timely death. We
believe that most corporations will find it
impossible to match or outperform the market
without abandoning the assumption of continuity.
The current apocalypsethe transition from a
state of continuity to state of discontinuityhas
the same suddenness as the trauma that beset
civilization in 1000 A.D. Richard Foster
Sarah Kaplan, Creative Destruction (The
McKinsey Quarterly)
21Rate of Leaving F5001970-1990 4XSource
The Company, John Micklethwait Adrian
Wooldridge (1974-200 One-half biggest 100
disappear)
22The corporation as we know it, which is now 120
years old, is not likely to survive the next 25
years. Legally and financially, yes, but not
structurally and economically.Peter Drucker,
Business 2.0
23But what if former head of strategic planning
at Royal Dutch Shell Arie De Geus is wrong in
suggesting, in The Living Company, that firms
should aspire to live forever? Greatness is
fleeting and, for corporations, it will become
ever more fleeting. The ultimate aim of a
business organization, an artist, an athlete or a
stockbroker may be to explode in a dramatic
frenzy of value creation during a short space of
time, rather than to live forever.Kjell
Nordström and Jonas Ridderstråle, Funky Business
24Jane Jacobs Exuberant Variety vs. the Great
Blight of Dullness. F.A. Hayek Spontaneous
Discovery Process. Joseph Schumpeter the
Gales of Creative Destruction.
25I. Good to GreatII. Built to LastIII. Quiet,
Humble Leaders
26Huh?Quiet, workmanlike, stoic leaders bring
about the big transformations.--JC
27Huh?Humility The Surprise Factor in
Leadership bosses with Gung-ho Qualities and
Charisma May Be Out of Fashion Headline/FT/re
JCollins/10.03 (TP scribble Nelson,
Wellington, Montgomery, Disraeli, Churchill,
Thatcher)
28WellingtonNelsonDisraeliChurchillMontgomeryTh
atcher
29Humble Pastels?T. Paine/P. Henry/A.
Hamilton/T. Jefferson/B. FranklinA. Lincoln/U.S.
Grant/W.T. ShermanTR/FDR/LBJ/RR/JFKPatton/Monty/
HalseyM.L. King/C. de Gaulle/M. Gandhi/W.
ChurchillPicasso/Mozart/Copernicus/Newton/Einstei
n/Djarassi/Watson H. Clinton/G. Steinem/I.
Gandhi/G. Meir/M. Thatcher E. Shockley/A.
Grove/J. Welch/L. Gerstner/L. Ellison/B.
Gates/S. Jobs/S. McNealy/T. Turner/R. Murdoch/W.
Wriston A. Carnegie/J.P. Morgan/H. Ford/S.
Honda/J.D. Rockefeller/T.A. Edison
Rummy/Norm/Henry/Wolfie Elizabeth Cady
Stanton/Susan B. Anthony/Martha Cary
Thomas/Carrie Chapman Catt/Alice Paul/Anna
Elizabeth Dickinson/Arabella Babb
Mansfield/Margaret Sanger
30You cant behave in a calm, rational manner.
Youve got to be out there on the lunatic
fringe. Jack Welch, on GEs quality program
31When it comes to transformative technologies,
overoptimistic investors are actually working for
the common goodeven if they dont know it. We
can be glad that investors financed the
construction of thousands of miles of track in
the middle of the nineteenth century, despite the
fact that most of them dropped a bundle doing
it. The same goes for over-optimistic investors
who poured money into semiconductors thirty years
ago, financed undersea fiber-optic cables in the
late nineties, and now are poised to lose their
shirts in the coming nanobubble. In the dreams of
avarice lie the seeds of progress. james
Surowiecki/New Yorker/03.2004
32the wildest chimera of a moonstruck mind The
Federalist on Jeffersons Louisiana Purchase
33Roosevelts duplicity, Churchills
self-absorption We are all worms. But I do
believe that I am a glow-worm. (WSC) Imperial
and bold WSC and TR arrogance and
instability rough, sarcastic,
bullyingSource Jon Meacham, Franklin and
Winston, et al.
34a vainglorious self-promoter spoiling for a
fight Arthur Koestler on Galileo
35In my experience, all successful commanders are
prima donnas, and must be so treated. George
S. Patton
36Herman Melville on JPJ intrepid, unprincipled,
reckless, predatory, with boundless ambition,
civilized in externals but a savage at heart.
from Evan Thomas, John Paul Jones Sailor, Hero,
Father of the American Navy
37Audie Murphy was the most decorated soldier in
WW2. He won every medal we had to offer, plus 5
presented by Belgium and France. There was one
common medal he never won
38 the Good Conduct medal.
39Men with no vices have very few virtues. A.
Lincoln
40Jim Collins vs. Michael Maccobyquiet,
workmanlike, stoicvs. larger-than-life
leaders/ egoists, charmers, risk-takers with
big visions Carnegie, Rockefeller, Edison,
Ford, Welch, Jobs, Gates
41In 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
42The Re-imagineers Credo or, Pity the Poor
BrownTechnicolor Times demand Technicolor
Leaders and Boards who recruit Technicolor
People who are sent on Technicolor Quests to
execute Technicolor (WOW!) Projects in
partnership with Technicolor Customers and
Technicolor Suppliers all of whom are in
pursuit of Technicolor Goals and Aspirations
fit for Technicolor Times.WSC
43In Italy for 30 years under the Borgias they had
warfare, terror, murder, bloodshedand produced
Michelangelo, da Vinci and the Renaissance. In
Switzerland they had brotherly love, 500 years of
democracy and peace, and what did they
producethe cuckoo clock.Orson Welles, as
Harry Lime, in The Third Man