Title: Tom Peters
1 Tom Peters Re-Imagine.2006!Excellence
Through the Relentless Provision of Outrageous
Value-added CA Americas Sales
KickoffOrlando/06April2006
2Slides at tompeters.comAlso, Long
3Unglued.
4THREE BILLION NEW CAPITALISTS Clyde Prestowitz
5New Economy?Sergey, Larry gt Harvard
6The Generals Answer. (And Darwins.)
7 If you dont like change, youre going to
like irrelevance even less. General Eric
Shinseki, Chief of Staff. U. S. Army
8It is not the strongest of the species that
survives, nor the most intelligent, but the one
most responsive to change. Charles Darwin
9My Answer.
10In 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
11Naked Emperors.
12Forbes100 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
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
14 Innovateor Die!!
15A 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 (FT/2004)
16Scale?
17TOO BIG TO GROW Why Wall Street has soured on
many of corporate Americas most admired and
feared companies headline, Newsweek, 0313.06
18Scale?Microsofts Struggle With Scale
Headline, FT, 09.2005Troubling Exits at
Microsoft Cover Story, BW, 09.2005Too Big
to Move Fast? Headline, BW, 09.2005
19Different!Inspiration/s Dramatic
Difference/Doug Hall, Remarkable Point of
View/Seth Godin
20Franchise Lost! TP How many of you 600
really crave a new Chevy?NYC/IIR/061205
21 This is not a mature category.
22This is an undistinguished category.
23To grow, companies need to break out of a
vicious cycle of competitive benchmarking and
imitation. W. Chan Kim Renée Mauborgne,
Think for Yourself Stop Copying a Rival,
Financial Times/2003
24798
25415/SqFt/WalMart798/SqFt/Whole Foods
267X. 730A-800P. F12A.93-03/10 yr annual
return CB 29 WM 17 HD 16. Mkt Cap 48
p.a.
27CakewalkWallopWalMart16Or Why its so
unbelievably easy to beat a GIANT Company
28 The Small Guys Guide Wallop
WalMart16 Niche-aimed. (Never, ever all
things for all people, a mini-WalMart.) Never
attack the monsters head on! (Instead steal niche
business and lukewarm customers.) Dramatically
Different (La Difference ... within our
community, our industry regionally is as
obvious as the end of ones nose!) (THIS IS WHERE
MOST MIDGETS COME UP SHORT.) Compete on
value/experience/intimacy, not price. (You aint
gonna beat the behemoths on cost-price in 9.99
out of 10 cases.) Emotional bond with Clients,
Vendors. (BEAT THE BIGGIES ON EMOTION/CONNECTION!!
)
29Donnellys Weatherstrip Service Weymouth MA
30Focus!
31We will not, I repeat not, pretend to be all
things to all people. CEO, Investec (03.06)
32The Benefits of FOCUSED EXCELLENCE
Shouldice/Hernia Repair 30 min, 1
recurrence. Avg 90 min, 10-15
recurrence.Source Complications, Atul Gawande
33Easy!
34 We become who we hang out with!
35CUSTOMERS Future-defining customers may account
for only 2 to 3 of your total, but they
represent a crucial window on the
future.Adrian Slywotzky, Mercer Consultants
36Dont benchmark, futuremark! Inspiration
The future is already here its just not
evenly distributed. William Gibson
37BOLD!
38Beware of the tyranny of making Small Changes
to Small Things. Rather, make Big Changes to Big
Things. Roger Enrico, former Chairman,
PepsiCo
39Reward excellent failures. Punish mediocre
successes.Phil Daniels, Sydney exec
40Action !
41We have a strategic plan. Its called doing
things. Herb Kelleher
42 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
43Speed/ Tempo!
44He who has the quickest O.O.D.A. Loops
wins!Observe. Orient. Decide. Act. / Col.
John Boyd
45Measurable!
46Innovation Index How many of your Top 5
Strategic Initiatives/Key Projects score 8 or
higher (out of 10) on a Weird/ Profound/
Wow/Game- changer Scale?
47Up, Up, Up, Up the Value-added Ladder.
48 Solve It.
4955B
50And the M Stands for ?Gerstners IBM
Systems Integrator of choice./BW (Lou, help
us turn all this into that long-promised
revolution. ) IBM Global Services
(Integrated Systems Services Corp.) 55B
51Planetary Rainmaker-in-Chief!Palmisanos
strategy is to expand techs borders by pushing
usersand entire industriestoward radically
different business models. The payoff for IBM
would be access to an ocean of revenuePalmisano
estimates it at 500 billion a yearthat
technology companies have never been able to
touch. Fortune
52Big Browns New Bag UPS Aims to Be the Traffic
Manager for Corporate America Headline/BW/2004
53Instant Infrastructure GE Becomes a General
Store for Developing Countries headline/
NYT/07.16.05
54And MasterCard Advisors
55Customer Satisfaction to Customer
SuccessWere getting better at Six Sigma
every day. But we really need to think about the
customers profitability. Are customers bottom
lines really benefiting from what we provide
them? Bob Nardelli, GE Power Systems
56Huge Customer Satisfaction versus Customer
Success
57The Value-added Ladder/Stuff n ThingsGoods
Raw Materials
58The Value-added Ladder/Stuff TransactionsServ
icesGoods Raw Materials
59The Value-added Ladder/Opportunity-seeking
Gamechanging SolutionsServicesGoods Raw
Materials
60Era 1/Obvious ValueOur it works, is
delivered on time (Close)Era 2/Augmented
Value How our it can add valuea useful it
(Solve)Era 3/Complex Value Networks How
our system can change you and deliver business
advantage (Culture-Strategic
change)Source Jeff Thull, The Prime Solution
Close the Value Gap, Increase Margins, and Win
the Complex Sale
61The Value-added Ladder/Opportunity-seeking
Gamechanging Solutions/Business
AdvantageServicesGoods Raw Materials
62Purchasing 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/AnonVSE-Spain)
63HCare CIO Technology Executive (workin in a
hospital) Or/to Full-scale, Accountable (life
or death) Member-Partner of XYZ Hospitals Senior
Healing-Services Team (who happens to be a techie)
64 I. LAN Installation Co. (3)II. Geek
Squad. (30.)III. Acquired by BestBuy.IV.
Flagship of BestBuy Wholesale Strategy
Makeover.
65VA Teaching MomentAndy pointed to a molding,
about halfway up the wall
66The Professional Service Firm/PSF
AnswerManaging Partner, IS HR, RD,
etc. Inc.
67The PSF35 Thirty-Five Professional Service
Firm Marks of Excellence
68 The PSF35 The Work The Legacy1.
CRYSTAL CLEAR POINT OF VIEW (Every Practice
Group If you cant explain your position
in eight words or less, you dont have a
positionSeth Godin)2. DRAMATIC DIFFERENCE (We
are the only ones who do what we doJerry
Garcia)3. Stretch Is Routine (Never bite off
less than you can chewanon.)4. Eye-Appetite
for Game-changer Projects (Excellence at
Assembling Best TeamFast) 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 UniverseSteve 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
69Point of View!
70The Rule of PositioningIf you cant describe
your position in eight words or less, you dont
have a position. Jay Levinson and Seth Godin,
Get What You Deserve!
71 The PSF35 The Client
Experience11. Always team with client full
partners in achieving memorable results
(Wanted Chimeras of Moonstruck
Minds!)12. We will seek assistance Anywhere to
assemble the Best-in- Planet Team for the
Project13. Client Team Members routinely declare
that working with us was the Peak
Experience of my Career14. The jobs not done
until implementation is 100.00 complete
(Those who dont get it must go)15.
IMPLEMENTATION IS NOT COMPLETE UNTIL THE
CLIENT HAS EXPERIENCED CULTURE CHANGE16.
IMPLEMENTATION IS NOT COMPLETE UNTIL
SIGNIFICANT TECHNOLOGY TRANSFER HAS TAKEN
PLACE-ROOT (Teach a man to fish )17.
Final Exam DID WE MAKE A LASTING,
GAME-CHANGIN DIFFERENCE?
72PSF Nirvana CounselorTrusted Advisor
Indispensable Business Partner
73The Wow Project50
74 Experience It.
75Experiences are as distinct from services as
services are from goods. Joe Pine Jim
Gilmore, The Experience Economy Work Is Theatre
Every Business a Stage
76Experience 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
77The Starbucks Fix Is on We have
identified a third place. And I really
believe that sets us apart. The third place is
that place thats not work or home. Its the
place our customers come for refuge.Nancy
Orsolini, District Manager
78WHAT CAN BROWN DO FOR YOU?
79The Value-added Ladder/Memorable
ConnectionSpellbinding Experiences
Gamechanging Solutions/Business
AdvantageServicesGoods Raw Materials
80Beyond the Transaction/ Satisfaction
MentalityGood hotel/ Happy guest/ Exceeded
Expectationsvs. Great Vacation/ Great
Conference/ Operation Personal Renewal
81 Dream It.
82DREAM 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
83The Value-added Ladder/EmotionDreams Come
TrueSpellbinding Experiences Gamechanging
Solutions/Business AdvantageServicesGoods Raw
Materials
84The Ritz-Carlton experience enlivens the
senses, instills well-being, and fulfills even
the unexpressed wishes and needs of our guests.
from the Ritz-Carlton Credo
85IBM, UPS, GE Dream Merchants!
86 Love It.
87Brands have run out of juice. Theyre dead.
Kevin Roberts/Saatchi Saatchi
88Kevin Roberts Lovemarks!
89(No Transcript)
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93Tattoo Brand What of users would tattoo the
brand name on their body?
94Top 10 Tattoo BrandsHarley . 18.9Disney
.... 14.8Coke . 7.7Google .... 6.6Pepsi ....
6.1Rolex . 5.6Nike . 4.6Adidas .
3.1Absolut . 2.6Nintendo . 1.5BRANDsense
Build Powerful Brands through Touch, Taste,
Smell, Sight, and Sound, Martin Lindstrom
95Top 10 Tattoo BrandsHarley . 18.9Disney
.... 14.8Coke . 7.7Google .... 6.6Pepsi ....
6.1Rolex . 5.6Computer Associates?Nike .
4.6Adidas . 3.1Absolut . 2.6Nintendo .
1.5BRANDsense Build Powerful Brands through
Touch, Taste, Smell, Sight, and Sound, Martin
Lindstrom
96Up, Up, Up, Up the Value-added Ladder.
97Lovemark Dreams Come True Spellbinding
ExperiencesGamechanging Solutions/Business
AdvantageServicesGoodsRaw Materials
984 of 7
99Lovemark Dreams Come True Spellbinding
ExperiencesGamechanging Solutions/Business
AdvantageServicesGoodsRaw Materials
100No Option Brand You World.
101One of the defining characteristics of the
change is that it will be less driven by
countries or corporations and more driven by real
people. It will unleash unprecedented
creativity, advancement of knowledge, and
economic development. But at the same time, it
will tend to undermine safety net systems and
penalize the unskilled. Clyde Prestowitz, Three
Billion New Capitalists
10212January2006Happy 300 th, Brand You!
103If 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
104You are the storyteller of your own life, and
you can create your own legend or not. Isabel
Allende
105The Rule of PositioningIf you cant describe
your position in eight words or less, you dont
have a position. Jay Levinson and Seth Godin,
Get What You Deserve!
106Imagine you are sitting next to a stranger at
dinner and you have to describe your job in one
sentence that they can understand. If you fail
this test, you are either a nuclear physicist or
your job shouldnt exist. Lucy
Kellaway/personal relevance test/FT/0206.06
107Oh, S!Tom, what have you done this year?
Jessica Sutherland, IIR ME
108R.D.A.Rate 15?, 25?Therefore Formal
Investment Strategy/R.I.P.Renewal
Investment Plan
10926.3
110Have you invested as much this year in your
career as in your car?Source Molly Sargent
11126.3
1123 Weeks in MayTraining Prep 187Work
41(Other 17)
1131 vs. 367
114Divas do it. Violinists do it. Sprinters do it.
Golfers do it. Pilots do it. Soldiers do it.
Surgeons do it. Cops do it. Astronauts do it. Why
dont businesspeople do it?
115Personal Brand Equity Evaluation
- I am known for 2 to 3 things next year at this
time Ill also be known for 1 more thing. - My current Project is challenging me
- New things Ive learned in the last 90 days
include - My public recognition program consists of
- Additions to my Rolodex in the last 90 days
include - My resume is discernibly different from last
years at this time
116 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 (R.POV8
Remarkable Point of View captured in 8 or
less words) 4. Rolodex Obsession (From
vertical/hierarchy/suck up loyalty to
horizontal/colleague/mate loyalty)5.
Entrepreneurial Instinct (A sleepless Eye for
Opportunity! E.g. Small Opp for Independent
Action beats faceless part of Monster Project)6.
CEO/Leader/Businessperson/Closer (CEO, Me Inc.
Period! 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!)
117Distinct or Extinct
118 Its always showtime. David DAlessandro,
Career Warfare
119100 WAYS TO SUCCEED 35 Lovemark or Bust! (1)
Enjoy your the Holiday Season! (2) Between now
and 1JAN2005, invent 10 actions, solo or with
pals, to Launch Your Lovemark Journey2005. (3)
Focus directlyArchitect or Lawyer or Realtoron
the following KRWs/Kevin Roberts Words Mystery
Magic Sensuality Enchantment Intimacy
Exploration. (3A) The words in 3 above Do Apply
to You! (4) Develop a No Bull Action Schedule
that includes 2 Hard First Steps by 10JAN05, 5
Hard First Steps by 01FEB05. (5) Report back to
this Website, tompeters.com. Pronunciamento I
HEREBY DESIGNATE, IN ACCORDANCE WITH THE POWERS
GRANTED TO ME (the Inalienable Right To Blog)
THAT 2005 IS PROCLAIMED AS THE YEAR OF THE
PROFESSIONAL SERVICE LOVEMARK. Welcome
aboard! Source TPBlog/12.17.2004
120GE (more or less)The Sales122 122
Ridiculously Obvious Thoughts About Selling
StuffTom Peters/0402.2006
121Everyone lives by selling something. Robert
Louis Stevenson
122If you dont listen, you dont sell anything.
Carolyn Marland/ Managing Director/ Guardian
Group
123Nothing is so contagious as enthusiasm. Samuel
Taylor Coleridge
124ADDENDUM 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 days
events? Who is better at keeping in touch with
others?Source Selling Is a Womans Game 15
Powerful Reasons Why Women Can Outsell Men, Nicki
Joy Susan Kane-Benson
125Presentation Excellence The PresX56
126The Interviewing Excellence The IntX31
127Leading2006 The Passion Imperative.
128Leadership23Tom Peters/0405.06
129 Leadership231. 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 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.)
130 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!
131Sir Richards RulesFollow your passions.Keep
it simple.Get the best people to help
you.Re-create yourself.Play.Source Fortune
on Branson
132No Less Than Excellence. Ever.
133The greatest dangerfor most of usis not that
our aim istoo highand we miss it,but that it
istoo lowand we reach it.Michelangelo
134You cant behave in a calm, rational manner.
Youve got to be out there on the lunatic
fringe. Jack Welch