tom peters’ excellence. pnc financial services group 22 january 2008/pittsburgh
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Welcome to Tom Peters “PowerPoint World”!Welcome to Tom Peters “PowerPoint World”! Beyond the set of slides Beyond the set of slides here, you will find at here, you will find at tompeters.comtompeters.com the last eight years of the last eight years of presentations, a basketful of “Special Presentations,” and, above all, presentations, a basketful of “Special Presentations,” and, above all, Tom’s Tom’s constantly updatedconstantly updated Master PresentationMaster Presentation—from which most of the —from which most of the slides in this presentation are drawn. There are about 3,500 slides in slides in this presentation are drawn. There are about 3,500 slides in the 7-part “Master Presentation.” The first five “chapters” constitute the 7-part “Master Presentation.” The first five “chapters” constitute the main argument: the main argument: Part IPart I is context. is context. Part IIPart II is devoted entirely to innovation—the sine qua is devoted entirely to innovation—the sine qua non, as perhaps never before, of survival. In earlier incarnations of the non, as perhaps never before, of survival. In earlier incarnations of the “master,” “innovation” “stuff” was scattered throughout the “master,” “innovation” “stuff” was scattered throughout the presentation—now it is front and center and a stand-alone. presentation—now it is front and center and a stand-alone. Part IIIPart III is a is a variation on the innovation theme—but it is organized to examine the variation on the innovation theme—but it is organized to examine the imperative (for most everyone in the developed-emerging world) of an imperative (for most everyone in the developed-emerging world) of an ultra high value-added strategy. A “value-added ladder” (the “ladder” ultra high value-added strategy. A “value-added ladder” (the “ladder” configuration lifted with gratitude from Joe Pine and Jim Gilmore’s configuration lifted with gratitude from Joe Pine and Jim Gilmore’s Experience EconomyExperience Economy) lays out a specific logic for necessarily leaving ) lays out a specific logic for necessarily leaving commodity-like goods and services in the dust. commodity-like goods and services in the dust. Part IVPart IV argues that in argues that in this age of “micro-marketing” there are two this age of “micro-marketing” there are two macromacro-markets of -markets of astounding size that are dramatically under-attended by all but a few; astounding size that are dramatically under-attended by all but a few; namely women and boomers-geezers. namely women and boomers-geezers. Part VPart V underpins the overall underpins the overall argument with the necessary bedrock—Talent, with brief consideration argument with the necessary bedrock—Talent, with brief consideration of Education & Healthcare. of Education & Healthcare. Part VI Part VI examines Leadership for turbulent examines Leadership for turbulent times from several angles.times from several angles. Part VII Part VII is a collection of a dozen Lists— is a collection of a dozen Lists—such as Tom’s “Irreducible 209,” 209 “things I’ve learned along the such as Tom’s “Irreducible 209,” 209 “things I’ve learned along the way.”way.”
Enjoy! Download! “Steal”—that’s the whole point!Enjoy! Download! “Steal”—that’s the whole point!
NOTENOTE:: To appreciateTo appreciate this presentation this presentation [and ensure [and ensure
that it is not a that it is not a messmess],], you need you need Microsoft fonts:Microsoft fonts:
“Showcard Gothic,”“Showcard Gothic,” “Ravie,”“Ravie,” “Chiller”“Chiller”
andand “Verdana”“Verdana”
Tom Peters’Tom Peters’
EXCELLENCEXCELLENCE. E.
PNC Financial Services GroupPNC Financial Services Group22 January 2008/Pittsburgh22 January 2008/Pittsburgh
Conrad Hilton, at a gala celebrating his life,Conrad Hilton, at a gala celebrating his life, was asked, “What was the most important lesson you’ve learned was asked, “What was the most important lesson you’ve learned
in you long and distinguished career?” in you long and distinguished career?”
His immediate answer: His immediate answer: ““remember remember to tuck the to tuck the
shower curtain shower curtain inside the inside the bathtubbathtub””
““It suddenly It suddenly occurred to me …occurred to me …
““It suddenly occurred It suddenly occurred to me that in the to me that in the
space of two or three space of two or three
hours he hours he nevernever
talked about cars.”talked about cars.” —Les —Les
WexnerWexner
Headline, page 1, Headline, page 1, Boston GlobeBoston Globe, 20 January 2008:, 20 January 2008:““Broker's Clients Detail Web of Dashed Dreams”Broker's Clients Detail Web of Dashed Dreams”
““When Marcia Neilson couldn't qualify for a home loan in early 2006 because of When Marcia Neilson couldn't qualify for a home loan in early 2006 because of poor credit, her mortgage broker, Nicole Lyder, had an unusual solution: Add poor credit, her mortgage broker, Nicole Lyder, had an unusual solution: Add Neilson's daughter to the loan application.Neilson's daughter to the loan application.
““Neilson's 21-year-old daughter had just lost her job, but Lyder remained Neilson's 21-year-old daughter had just lost her job, but Lyder remained undeterred. ‘That wasn't a problem,’ Neilson recalled her broker saying.undeterred. ‘That wasn't a problem,’ Neilson recalled her broker saying.
““Neilson's real estate agent said Lyder enlisted him to drive Neilson and her Neilson's real estate agent said Lyder enlisted him to drive Neilson and her daughter to Brockton City Hall. The pair filled out a business certificate that daughter to Brockton City Hall. The pair filled out a business certificate that claimed they owned a hair salon in Brockton.claimed they owned a hair salon in Brockton.
““The Neilsons qualified for a mortgage and bought a Dorchester house in June The Neilsons qualified for a mortgage and bought a Dorchester house in June 2006 for $565,000. Last fall, Marcia Neilson learned from state investigators looking 2006 for $565,000. Last fall, Marcia Neilson learned from state investigators looking into Lyder's business practices that her loan application was padded in other into Lyder's business practices that her loan application was padded in other ways: a statement for a $25,000 bank account in Neilson's name that she had no ways: a statement for a $25,000 bank account in Neilson's name that she had no knowledge of.knowledge of.
““Fake documents, a phantom borrower, and other irregularities were common Fake documents, a phantom borrower, and other irregularities were common features of five subprime mortgages brokered by Lyder between November 2005 features of five subprime mortgages brokered by Lyder between November 2005 and June 2006 that were examined by the and June 2006 that were examined by the Boston GlobeBoston Globe. Lyder's clients ranged . Lyder's clients ranged from the barely employed to struggling working-class couples; one had just left a from the barely employed to struggling working-class couples; one had just left a homeless shelter and two others gave up government-subsidized housing to buy homeless shelter and two others gave up government-subsidized housing to buy homes. They said Lyder arranged loans that they later realized had monthly homes. They said Lyder arranged loans that they later realized had monthly payments that far exceeded their means. All five loans are now in foreclosure.”payments that far exceeded their means. All five loans are now in foreclosure.”
MBWAMBWA (1982-2008)(1982-2008) = “In touch,” = “In touch,” grounded in grounded in
realityreality
Wall Street JournalWall Street Journal, 22 January 2008:, 22 January 2008: "Our fourth quarter results were "Our fourth quarter results were severely impacted by ongoing dislocations in capital markets and the severely impacted by ongoing dislocations in capital markets and the slowing economy," said Kenneth D. Lewis, [Bank of America] slowing economy," said Kenneth D. Lewis, [Bank of America] chairman and chief executive officer. "However, we are cautiously chairman and chief executive officer. "However, we are cautiously optimistic about 2008 …."optimistic about 2008 …."
TP translation:TP translation: “We made total asses of ourselves, allowing ourselves “We made total asses of ourselves, allowing ourselves to be conned by a bunch of out-of-touch Nobel-winning ‘economists’ to be conned by a bunch of out-of-touch Nobel-winning ‘economists’ with their ‘portfolio-risk smoothing models.’ Then, as inevitably with their ‘portfolio-risk smoothing models.’ Then, as inevitably happens amidst the madness of crowds of executives bent upon happens amidst the madness of crowds of executives bent upon ‘keeping up with the Joneses,’ we were flattened by that silly old saw, ‘keeping up with the Joneses,’ we were flattened by that silly old saw, ‘That which goes up eventually comes down.’ Wow, talk about ‘What ‘That which goes up eventually comes down.’ Wow, talk about ‘What they didn’t teach us at the Harvard Business School’! Truth is, we all they didn’t teach us at the Harvard Business School’! Truth is, we all ought to be put in stocks where people can throw rotten tomatoes at ought to be put in stocks where people can throw rotten tomatoes at us—they’ll have lots of time to do that given expected unemployment us—they’ll have lots of time to do that given expected unemployment #s that we have wittingly facilitated. Meanwhile, I wish the very best #s that we have wittingly facilitated. Meanwhile, I wish the very best to Angelo Mozilo, Countrywide CEO & Subprime Principal Perp, as he to Angelo Mozilo, Countrywide CEO & Subprime Principal Perp, as he ponders how to spend the $112,000,000 I’m helping him pocket, ponders how to spend the $112,000,000 I’m helping him pocket, obtained by shafting hundreds of thousands innocents using sales obtained by shafting hundreds of thousands innocents using sales ‘incentive’ schemes which make the numbers racketeers on the ‘incentive’ schemes which make the numbers racketeers on the streets look squeaky clean by comparison. As to my ‘cautiously streets look squeaky clean by comparison. As to my ‘cautiously optimistic for 2008,’ what the hell else do you expect me to say? If I optimistic for 2008,’ what the hell else do you expect me to say? If I told the truth, you’d string me up even higher.” told the truth, you’d string me up even higher.”
““We Have …We Have …
ThankThank you, you,
Starbucks!Starbucks!
1982/Default Latin 1982/Default Latin
America = America = 200 200 yearsyears [Total historical [Total historical
earnings]earnings]
The The Black SwanBlack Swan: The Impact of the: The Impact of the Highly Improbable Highly Improbable, Nassim Nicholas Taleb, Nassim Nicholas Taleb
“I 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 Buy a very large one very large one and just waitand just wait.”.”
—Paul Ormerod, Why Most Things Fail: Evolution, Extinction and Economics
““Mr. Foster and his McKinsey Mr. Foster and his McKinsey colleagues collected detailed colleagues collected detailed
performance data stretching back performance data stretching back 4040 years for years for 1,0001,000 U.S. companies. U.S. companies. TheTheyy
found that found that none none of the of the
lonlongg-term survivors mana-term survivors managged to ed to outoutpperform the market. Worse, the erform the market. Worse, the lonlongger comer comppanies had been in the anies had been in the
database, the worse thedatabase, the worse theyy did did.” .” —Financial —Financial
TimesTimes
“Forbes100” from 1917 to 1987: 3939 members members
of the Class of ’17 were alive in ’87; 18 in ’87 of the Class of ’17 were alive in ’87; 18 in ’87 F100; 18 F100 “survivors” significantly F100; 18 F100 “survivors” significantly
underunderpperformederformed the market; the market;
just just 22 (2%), (2%), GEGE & & KodakKodak, ,
outoutpperformederformed the market from the market from 1917 to 1987. 1917 to 1987.
S&P 500 from 1957 to 1997: 7474 members of the Class of ’57 were alive
in ’97; 1212 (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
EXCELLENCE. EXCELLENCE.
2006.2006.
Why in Why in the the World did World did youyou go to go to SiberiaSiberia??
EnterpriseEnterprise* ** (*at its best):* ** (*at its best): An An emotionalemotional, , vitalvital, , innovativeinnovative, , jojoyyfulful, , creativecreative, , entreentreppreneurialreneurial endeavor endeavor that elicits maximum that elicits maximum
concerted humanconcerted human potential in the potential in the wholeheartedwholehearted serviceservice of others of others.****Employees, Customers, Suppliers, Communities, Owners, Temporary partners**Employees, Customers, Suppliers, Communities, Owners, Temporary partners
EXCELLENCE. EXCELLENCE.
1982.1982.
Excellence1982: The Bedrock “Eight Basics”Excellence1982: The Bedrock “Eight Basics”
1. A Bias for 1. A Bias for ActionAction2. Close to the 2. Close to the CustomerCustomer3. 3. AutonomAutonomyy and and EntreEntreppreneurshireneurshipp4. Productivity Through 4. Productivity Through PeoPeopplele5. 5. Hands OnHands On, , Value-DrivenValue-Driven6. 6. Stick toStick to the Knitting the Knitting7. 7. SimSimpplele Form, Form, LeanLean Staff Staff8. Simultaneous 8. Simultaneous Loose-TightLoose-Tight Properties” Properties”
““Breakthrough” 82*Breakthrough” 82*
People! People! CustomersCustomers
! ! Action! Action! Values! Values!
**In Search of ExcellenceIn Search of Excellence
Hard Is SoftHard Is SoftSoft Is HardSoft Is Hard
Hard Is Hard Is SoftSoft (Plans, (Plans, ##ss))
Soft Is Soft Is HardHard (people, (people, customers, values, customers, values,
relationships))relationships))
R.O.I.RR.O.I.R..
RReturn eturn OOn n
IInvestment In nvestment In
RRelationshipselationships
““Courtesies of a small Courtesies of a small and trivial character are and trivial character are
the ones which strike the ones which strike deepest in the grateful deepest in the grateful
and appreciating heart.”and appreciating heart.”
—Henry Clay
Fred Reichheld’sFred Reichheld’s The Ultimate The Ultimate QuestionQuestion : : Customer satisfaction is Customer satisfaction is
best measured* by one simple best measured* by one simple
question,question, “how likely “how likely are you to are you to
recommend ______ recommend ______ to a friend?” to a friend?”
* “Net Promoter Score”
The … Jim Jim Jeffords Jeffords oversighoversigh
t!t!
ExIn*: 1982-2002/Forbes.com
DJIA: $10,000 yields $85,000$85,000 EI: $10,000 yields $140,050$140,050
*Forbes/Excellence Index /Basket of 32 publicly traded stocks
Excellence 2007.Excellence 2007.Organizations exist Organizations exist
to serve. Period.to serve. Period.Leaders live toLeaders live to serve. Period.serve. Period.
Peter Drucker Tribute/September 2007Peter Drucker Tribute/September 2007
““I have always I have always believed that the believed that the
purpose of the purpose of the corporation is to be corporation is to be
a blessing to the a blessing to the employees.”employees.” —Boyd Clarke—Boyd Clarke
““What would happen if we looked at a What would happen if we looked at a customer and saw the face of God in customer and saw the face of God in
them? To most people it sounds like a them? To most people it sounds like a lofty idea. But if you see the face of lofty idea. But if you see the face of
God in a flower, why wouldn’t you see God in a flower, why wouldn’t you see it in the face of a customer? If we it in the face of a customer? If we
treated customers and honored the treated customers and honored the God within them—if we loved them—God within them—if we loved them—
we would not need a ‘quality we would not need a ‘quality program.’”program.’” —Lance Secretan, founder of Manpower, Inc., and most
recently author of One: The Art and Practice of Conscious Leadership
Organizations Organizations existexist to to serveserve. Period.. Period.
Leaders Leaders live live toto serveserve. Period.. Period.
… … no less than Cathedrals in no less than Cathedrals in which the full and awesome which the full and awesome
power of the Imagination power of the Imagination and Spirit and native and Spirit and native
Entrepreneurial flairEntrepreneurial flair of of diverse individualsdiverse individuals is is
unleashed in passionate unleashed in passionate pursuit of … Excellence.pursuit of … Excellence.
EXCELLENCEEXCELLENCE..
“the rules.”“the rules.”
CauseCause (worthy of commitment)(worthy of commitment)
SpaceSpace (room for/encouragement(room for/encouragement
for initiative) for initiative)
DecencyDecency (respect, (respect,
humane)humane)
The Manager’s The Manager’s Book of Book of DecenciesDecencies: :
How Small How Small /gestures Build /gestures Build
Great Companies.Great Companies. —Steve Harrison, Adecco
CauseCause (worthy of commitment)(worthy of commitment)
SpaceSpace (room for/encouragement(room for/encouragement
for initiative-adventures) for initiative-adventures)
DecencyDecency (respect, grace,(respect, grace,
integrity, humane) integrity, humane)
service service (worthy of our clients’ & (worthy of our clients’ &
extended extended family’s continuing custom) family’s continuing custom)
excellenceexcellence (period) (period)
CauseCause (worthy of commitment)(worthy of commitment)
SpaceSpace (room for/encouragement for initiative-(room for/encouragement for initiative-
adventures) adventures)
DecencyDecency (respect, grace, integrity, humane)(respect, grace, integrity, humane)
service service (worthy of our clients’ & extended (worthy of our clients’ & extended
family’s continuing custom) family’s continuing custom)
excellenceexcellence (period) (period)
servant servant leadership leadership
““Leaders Leaders
‘‘SERVESERVE’’ people. people.
Period.”Period.” —Anon.
Our Mission
To develop and manage To develop and manage talent;talent;
to apply that talent,to apply that talent,throughout the world, throughout the world,
for the benefit of clients;for the benefit of clients;to do so in partnership; to do so in partnership;
to do so with profit.to do so with profit.
WPP
TP: TP: “How to piss “How to piss away $500,000 away $500,000
in one easy in one easy lesson!!”lesson!!”
Excellence.Excellence.Untrammeled Untrammeled imagination.imagination.
Single Single greatest act greatest act
of pure of pure imaginationimagination
24%24%
dubaidubai
*Basement Systems Inc.*Basement Systems Inc.*Larry Janesky*Larry Janesky**Dry Basement ScienceDry Basement Science (115,000!)(115,000!)
*1993: $0; 2003: $12M; *1993: $0; 2003: $12M; 2006: 2006:
$50,000,000+$50,000,000+
Jim’s Mowing CanadaJim’s Mowing CanadaJim’s Mowing UKJim’s Mowing UKJim’s AntennasJim’s Antennas
Jim’s BookkeepingJim’s BookkeepingJim’s Building MaintenanceJim’s Building Maintenance
Jim’s Carpet CleaningJim’s Carpet CleaningJim’s Car CleaningJim’s Car Cleaning
Jim’s Computer ServicesJim’s Computer Services
Jim’s Dog WashJim’s Dog WashJim’s Driving SchoolJim’s Driving School
Jim’s FencingJim’s FencingJim’s FloorsJim’s Floors
Jim’s PaintingJim’s PaintingJim’s PavingJim’s Paving
Jim’s Pergolas [gazebos]Jim’s Pergolas [gazebos]Jim’s Pool CareJim’s Pool Care
Jim’s Pressure CleaningJim’s Pressure CleaningJim’s RoofingJim’s Roofing
Jim’s Security DoorsJim’s Security DoorsJim’s TreesJim’s Trees
Jim’s Window CleaningJim’s Window CleaningJim’s WindscreensJim’s Windscreens
Note: Download, free, Jim Penman’s book: What Will They Franchise Next? The Story of Jim’s Group
**Lived in same town all adult lifeLived in same town all adult life**First generation that’s wealthy/First generation that’s wealthy/ no parental supportno parental support**“Don’t “Don’t looklook like millionaires, don’t like millionaires, don’t dressdress like millionaires, don’t like millionaires, don’t eateat like like millionaires, don’t millionaires, don’t actact like millionaires like millionaires””*“Many of the types of businesses [they] are in could be*“Many of the types of businesses [they] are in could be classified as ‘dull-normal.’ [They] are welding contractors, classified as ‘dull-normal.’ [They] are welding contractors, auctioneers, scrap-metal dealers, lessors of portable toilets, auctioneers, scrap-metal dealers, lessors of portable toilets, dry cleaners, re-builders of diesel engines, paving dry cleaners, re-builders of diesel engines, paving contractors …” contractors …”
Source: Source: The Millionaire Next DoorThe Millionaire Next Door,, Thomas Stanley & William Danko Thomas Stanley & William Danko
Reason!!!Reason!!!
MittelstandMittelstand
“ “one idea.”one idea.”1966-2008.1966-2008.
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. Screw it Screw it up.up. Try it. Try it. Try Try it. Try it. Try
it. Try it. Try it. Try it. it. Try it. Try it. Try it. Try it. Try it. Screw it up.Screw it up. it. it.
Try it. Try it. try it. Try it. Try it. try it. Try it.Try it. Screw it up.Screw it up. Try it. Try it. Try it. Try it. Try it. Try it.
““We have a We have a ‘strategic plan.’ ‘strategic plan.’ It’s called It’s called doing doing thingsthings.”.” — Herb Kelleher
“This is so simple it sounds stupid, but it is amazing how few oil people really
understand that you only you only find oil if you find oil if you drill wellsdrill wells.. 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
““We made mistakes, of course. Most of them were We made mistakes, of course. Most of them were omissions we didn’t think of when we initially wrote the omissions we didn’t think of when we initially wrote the
software. software. We fixed them by doing it over and over, We fixed them by doing it over and over, again and again.again and again. We do the same today. While our We do the same today. While our competitors are still sucking their thumbs trying to competitors are still sucking their thumbs trying to
make the design perfect, we’re already on prototype make the design perfect, we’re already on prototype
versionversion ##55.. By the time our rivals areBy the time our rivals are
ready with wires and screws, we are on versionready with wires and screws, we are on version
##1010.. It gets back to It gets back to
planning versus actingplanning versus acting: : We act We act from day onefrom day one; ; others plan how others plan how toto planplan——for monthsfor months.”.” —Bloomberg by —Bloomberg by
BloombergBloomberg
““You miss You miss
100100%%
of the shots of the shots you never you never
take.”take.” —Wayne—Wayne GretzkyGretzky
We still We still “don’t get “don’t get
it”! it”! (1 of 2)(1 of 2)
““Forget Forget ChinaChina, , IndiaIndia and the and the
InternetInternet: Economic : Economic Growth Is Driven Growth Is Driven
by by WomenWomen.”.” —Headline,
Economist, April 15, 2006, Leader, page 14
““Women Women areare thethe
majority majority market”market”
—Fara Warner/—Fara Warner/The Power of the PurseThe Power of the Purse
COROLLARY. COROLLARY. EXCELLENCE. EXCELLENCE.
WOMEN.WOMEN.RULE.RULE.
““AS AS LEADERS, LEADERS, WOMEN WOMEN
RULERULE:: New Studies find
that female managers outshine their male counterparts in almost every measure”
TITLE/ Special Report/ TITLE/ Special Report/ BusinessWeekBusinessWeek
10 UNASSAILABLE REASONS WOMEN RULE10 UNASSAILABLE REASONS WOMEN RULE
WomenWomen make [all] the financial decisions. make [all] the financial decisions.WomenWomen control [all] the wealth. control [all] the wealth.WomenWomen [substantially] outlive men. [substantially] outlive men.WomenWomen start most of the new businesses. start most of the new businesses.Women’sWomen’s work force participation rates have work force participation rates have soared worldwide.soared worldwide.WomenWomen are closing in on “same pay for same are closing in on “same pay for same job.”job.”WomenWomen are penetrating senior ranks rapidly are penetrating senior ranks rapidly [even if the pace is slow for the corner [even if the pace is slow for the corner office per se].office per se].Women’s Women’s leadership strengths are exceptionally wellleadership strengths are exceptionally well aligned with new organizational effectiveness &aligned with new organizational effectiveness & value-added imperatives.value-added imperatives.WomenWomen are better salespersons than men. are better salespersons than men.WomenWomen buy [almost] everything—commercial buy [almost] everything—commercial as well as consumer goods.as well as consumer goods.
SoSo whatwhat exactlyexactly isis … … thethe pointpoint ofof menmen??
““One thing is certain: Women’s rise to power, One thing is certain: Women’s rise to power, which is linked to the increase in wealth per which is linked to the increase in wealth per capita, is happening in all domains and at all capita, is happening in all domains and at all
levels of society. Women are no longer content levels of society. Women are no longer content to provide efficient labor or to be consumers to provide efficient labor or to be consumers with rising budgets and more autonomy to with rising budgets and more autonomy to spend. … This is just the beginning. The spend. … This is just the beginning. The
phenomenon will only grow as girls prove to be phenomenon will only grow as girls prove to be more successful than boys in the school more successful than boys in the school
system. system. For a number of observers, For a number of observers, we have already entered the age we have already entered the age of ‘womenomics,’ the economy as of ‘womenomics,’ the economy as
thought out and practiced by a thought out and practiced by a womanwoman.”.” —Aude Zieseniss de Thuin, —Aude Zieseniss de Thuin, Financial TimesFinancial Times, 10.03.2006, 10.03.2006
We still We still “don’t get “don’t get
it”! it”! (2 of 2)(2 of 2)
!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!““People turning 50 People turning 50
today have today have more more thanthan halfhalf of of their adult life their adult life
ahead of them.”ahead of them.” —Bill
Novelli, 50+: Igniting a Revolution to Reinvent America
7/17/133
2000-2010 Stats
18-44: -1%-1%
55+: ++2121%%(55-64: ++4747%%)
We are the We are the Aussies & Kiwis &Aussies & Kiwis & yanks & yanks & CanadiansCanadians. We are the . We are the Western EuropeansWestern Europeans & & JapaneseJapanese. We are the . We are the fastest growingfastest growing, , the the biggestbiggest, the , the wealthiestwealthiest, the , the boldestboldest, ,
the most (yes) the most (yes) ambitiouambitious, the most s, the most experimental & exploratoryexperimental & exploratory, the most , the most
differentdifferent, the most , the most indulgentindulgent, the most , the most difficult &difficult & demandingdemanding, the most , the most service & service & experience obsessedexperience obsessed, the most , the most vigorousvigorous, ,
(the (the leastleast vigorous,) the most vigorous,) the most health health consciousconscious, the most , the most femalefemale, the most , the most
profoundly important commercial market in profoundly important commercial market in the history of the world—and we will be the the history of the world—and we will be the Center of your universe for the next Center of your universe for the next twenty-twenty-
fivefive yearsyears. We have arrived!. We have arrived!
44-65: “New “New Customer Customer Majority”Majority” *
*45% larger than 18-43; 60% larger by 2010Source: Ageless Marketing, David Wolfe & Robert Snyder
THE 9PTHE 9Ps.s.
PURPOSEPURPOSE..PASSIONPASSION..PotentialPotential..PersonalPersonal..PrioritiesPriorities..
PERSISTENCEPERSISTENCE..PEOPLEPEOPLE. . PotentPotent..
PositivePositive..
““People want to be part People want to be part of something larger than of something larger than themselvesthemselves.. They want to They want to
be part of something they’re be part of something they’re really really proudproud of, that they’ll of, that they’ll
fight fight forfor,, sacrifice sacrifice forfor , , trusttrust.”.” —Howard Schultz, Starbucks
““I am a … I am a … Dispenser of Dispenser of EnthusiasmEnthusiasm!”!”
—Ben Zander—Ben Zander
““The role of the Director is to The role of the Director is to create a space where the actors create a space where the actors
and actresses canand actresses can become become more than they’ve ever more than they’ve ever been before, more than been before, more than
they’ve dreamed of they’ve dreamed of beingbeing.”.” —Robert Altman, Oscar acceptance speech—Robert Altman, Oscar acceptance speech
““You must You must bebe the change you the change you
wish to see in the wish to see in the world.”world.”
Gandhi
““I used to have a rule for myself that at any point in I used to have a rule for myself that at any point in time I wanted to have in mind time I wanted to have in mind — as it so happens, — as it so happens, also in writing, on a little card I carried around with also in writing, on a little card I carried around with me — the three big things I was trying to get done. me — the three big things I was trying to get done.
ThreeThree..
Not two. Not two. Not four. Not four. Not five.Not five.Not ten.Not ten.Three.”Three.”
— Richard Haass, — Richard Haass, The Power to PersuadeThe Power to Persuade
RelentlessRelentless:: “One of “One of
my superstitions had always been my superstitions had always been when I started to go anywhere or when I started to go anywhere or
to do anything,to do anything, notnot to to turnturn backback ,, or stop, or stop,
until the thing intended was until the thing intended was accomplished.”accomplished.” —Grant
““Leaders Leaders
‘‘dodo’’ people. people.
Period.”Period.” —Anon.
The greatest dangerThe greatest dangerfor most of usfor most of us
is not that our aim isis not that our aim istoo hightoo high
and we miss it,and we miss it,but that it isbut that it is
too lowtoo lowand we reach it.and we reach it.
Michelangelo
““Excellence can be obtained if you:Excellence can be obtained if you:
... care more than others think... care more than others think is wise;is wise; ... risk more than others think ... risk more than others think is safe;is safe; ... dream more than others think ... dream more than others think is practical;is practical; ... expect more than others think ... expect more than others think is possible.”is possible.”
Source: Anon.Source: Anon. (Posted @ tompeters.com by (Posted @ tompeters.com by K.Sriram, November 27, 2006 1:17 AM)K.Sriram, November 27, 2006 1:17 AM)
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