Resources

"My favorite people (Brand Yous) are ... CURIOSITY FREAKS." Tom Peters

The model for future success from Tom Peters Company


Get the Blog Feed
What is RSS?

Blog Archives

December 2009

New Year's 2010

To begin with, one needs two or three Posts rather than one. That is, a "spoiled brats" Post for the 90% of employed Americans and Europeans and Japanese and a few others. We live high off the hog. Period. And for all the Great Recession's pain, it's hard to feel sorry for us. Then there are those in rich countries who are on the short end of the stick, and there are millions upon more millions of these folks. The third Post should at least acknowledge the billions who are at or below subsistence—and add to this Group III the millions trapped in wars and civil wars and the like.

In my own "Group I World," a single word is on my mind, and it was there before the Christmas Day NWA/terrorist fiasco.

The word: Resilience.

I expect my computer to work—and the rest of my electronics as well.
I expect my car to start—and for gas to be plentiful.
I expect safe food.
I expect my two stepsons to make it home for holidays.
I expect ...
I expect ...

I've got a generator for the farm house that I bought in a super-cautious moment prior to Y2K. And a six month supply of meds that my doc suggested at the time of the bird flu scare.

And I spent two years in Vietnam.

But I'm soft. I expect everything I need to work, and small disruptions piss me off.

I have no plans to become a survivalist—though my VT farm is a pretty good place to be in that regard. But I do plan to think about "it" a little more than I have.

As I said, I planned to write about resilience prior to our terrorist scare. Namely because, as I parse the evidence as a non-expert, I think the odds are high that the next 10 years will bring a major terror event, maybe another financial crash, and so on.

Half-assed as it is, I'll leave it at that, leave it at a call for explicit attention resilience.

There are five other mini-segments to present in this New Year's 2010 Post. The first comes from writing my new book. It's really largely about the "basics," and in particular about thoughtfulness and civility. I think thoughtfulness-civility-grace-decency-kindness-appreciation pays off ... Big Time ... on the bottom line. And I think it pays off when you look in the mirror or raise your kids. And, incidentally, I think it's directly related to resilience—that is, going gently in the world serves the community and keeps the heat (emotional reaction to tough news) a little lower.

The third word is serve. In my new book I call leadership a "sacred trust,' and I think it is. To steal shamelessly from Robert Greenleaf, I am a keen fan–adherent of "servant leadership." Leaders work for those who "report to" them—not vice versa.

Word four: contribute. We Group I-ers (see above) simply have an obligation—a pressing obligation—to give back and lend a helping hand. I live in an other-than-high-wage community, and I deeply deeply appreciate the enormous amount of time and energy my wife is contributing as Board leader of our local daycare center. (This is hardly her first major act of community service-leadership; it's simply the one most on my mind at the moment.) Contradicting to some extent my Group III mention above, I am a strong adherent, assuming you're not Bill Gates, of supporting (time, $$) local efforts where you can have direct impact. (Perhaps from local "fanatic" service will grow the desire to expand the stage on which you work.)

Next up, and next to last is ... learn. The best way to stay fresh and vibrant, and thence useful, in my opinion, is to seek new experiences and learning opportunities. Like all of these "words," it takes thoughtfulness (planning) and work—though presumably this work, in every case, should largely be an act of joy.

The final word? My old friend ... EXCELLENCE. I never get tired of it, and I hope you don't either. It's a wonderful standard, a wonderful aspiration, a wonderful way of life (the aspiration to).

So my Aim2010 is to focus on these words:

Resilience.
Thoughtfulness-Civility.
Serve.
Contribute.
Learn.
EXCELLENCE.

Doing so hardly solves the problems of Africa, or the "gendercide" I wrote about yesterday (girls being killed-murdered by the million for no reason other than being girls). And for that I apologize.

In any event, may your year be one of peace and health and energetic engagement and exploration.


Tom

Tom Peters posted this on 12/31/2009.
| Permalink | Comments (30) |

A.W.O.L.

A.W.O.L. again!

The new book, The Little BIG Things, due out on 9 March, is based on the blog, and was supposed to be mostly done when we started!

Ha!

The last few days, Erik and Cathy and Shelley and I have been going over the manuscript yet again—probably about major revision #7 (??). But now we're done.

(For now.)

Tom Peters posted this on 12/30/2009.
| Permalink | Comments (6) |

Overkill?
(What Can I Say?)

Christmas mostly meant books. Hence I found myself at 9 p.m. last night, with the Tinmouth VT temperature already down to -8°F, sitting across from the fire with, yes, no less than 11 new books on the coffee table beside me:

Piracy: The Intellectual Capital Wars from Gutenberg to Gates, by Adrian Johns. An exhaustive and bizarrely detailed look at intellectual capital's status through the ages, courtesy, what else, a University of Chicago prof. (This is going to be an amazing learning experience for me—and no idea is more basic to tomorrow's economy, which, like it or not, will be based almost exclusively on intellectual property, not manufacturing.)

Resistance: A Woman's Journal of Struggle and Defiance in Occupied France, by Agnès Humbert. The first English translation of an extraordinary French war diary published in 1946; I am mesmerized by the moral choices represented by the German occupation of France—what would I have done???????????????? (We all think we are people of great character, but when the crunch comes ...)

Verdun, by Jules Romains, 1937. A towering novel about inhumanity ... and folly!!!! ... in World War I.

Half the Sky: Turning Oppression into Opportunity for Women Worldwide, by Nicholas Kristof and Sheryl WuDunn. More women are killed in any given decade just because they are women ("gendercide," as the authors call it) than the total number of people killed in all the 20th century's genocides. This book is the Mother of all Wake-up calls, or should be! (There is a lot of good news here, too, about action being taken by "real people" "on the ground.")

Patton, Montgomery, Rommel: Masters of War, by Terry Brighton. The generals were almost the least of it in this retelling. Virtually every major battlefield decision by the Brits and Yanks was driven by national politics far more than the situation on the ground. (E.g., my beloved Mr. Churchill, and I mean it, squandered God knows how many British boys' lives to beat the Americans to the punch in North Africa in order to shore up his sagging political fortunes of the moment in the House of Commons.)

The Perils of Peace: America's Struggle for Survival After Yorktown, by Thomas Fleming. Turning the victory of 1781 into the birthing of a democratic nation was no sure thing—and that's an understatement. Oh dear, what a mess the real world is! (Life = Muddling through.)

Lyndon Johnson and the American Dream, by Doris Kearns Goodwin. The ultimate biography of perhaps our most politically savvy politician ever—published in 1976. Again, I get off on the political machinations of the real world—incidentally, just about as pervasive in Big Corporate World as on Capitol Hill. ("Politics is life. The rest is details."—bumper sticker not yet printed, by Tom Peters. "If you don't 'do politics,' you don't do 'do.'"—bumper sticker not yet printed, by Tom Peters.)

The Department of Mad Scientists: How DARPA Is Remaking Our World, from the Internet to Artificial Limbs, by Michael Belfiore. Established in 1958 after the Russian Sputnik launch, DARPA has an amazing history, first revealed here, in 2009. And if you don't think the government has a big role to play in R&D, think again!

7 Deadly Scenarios: A Military Futurist Explores War in the 21st Century, by Andrew Krepinivich. Frightening scenarios not in the least bit farfetched. I am not an alarmist, or at least I don't think I am, but Detroit should remind us that we most likely ain't seen nothing yet—be prepared, and don't imagine that the madness of this past decade is some sort of anomaly!

The Unthinkable: Who Survives When Disaster Strikes and Why, Amanda Ripley. Extraordinary analysis, in a 2008 book, of surviving (or not) amidst calamities. Among its messages: (1) the real people at the scene, witness NWA/Detroit, are far more important than the so-called "first responders" who are never first; and (2) a little bit of prep can go a long way—one woman had practiced walking downstairs now and again in the Twin Towers, and calmly walked down on 9/11 while people on average were in a state of paralysis for 6 minutes; she was hardly "over-prepped," but, like checklists in hospitals, the "little stuff" can make a BIG difference, such as life vs. death!

The Checklist Manifesto: How to Get Things Right, by Atul Gawande. Simple checklists, say the hard data, save more lives in hospitals than the most sophisticated equipment! Or as I like to put it, much as I love Gawande (I do, I do), doctors-discover-the-real-world-and-find-it-interesting (gosh, next thing we know the docs will begin backing up their judgments with evidence). (Hospital safety, alas, an oxymoron, and the failure to be informed by evidence, are a disgrace with horrifying consequences.*)

*NB: I am obsessed with health care, that is, patient safety and "evidence-based medicine." Hence I am unable, in reference to Gawande's book, to not gratuitously offer up this set of quotes I previously collected:

"America's elites are very good at attracting money and prestige, and they have a huge technology arsenal with which they attack death and disease. But they have no positive medical results to show for it in the aggregate and many indications that they are providing lower-quality care than the much-maligned HMOs and assorted St. Elsewheres."—Best Care Anywhere: Why VA Healthcare Is Better Than Yours, Phillip Longman

"The medical system has been unable to turn proven remedies into everyday care.* [*More: 55% chance of "receiving the best recommended care—which means getting scientifically appropriate, evidence-based medical treatment."] Half the people who need to be treated to prevent heart attacks are not treated and half who are treated are treated inadequately. Patients go home with the wrong drugs or the wrong doses or misimpressions about the importance of taking their medications."—The New York Times, from John Hammergren & Phil Harkins, Skin in the Game:How Putting Yourself First Today Will Revolutionize Health Care Tomorrow

"Study: Medical Errors Affect 20 Percent of Patients"—headline, Boston Herald

"1-in-7 Chance of Medical Mishap: Health Ministry Report"—headline, the Press, Christchurch, New Zealand (quote refers to odds of a screw-up during a hospital stay)

"The Institute of Medicine calculated that drug errors [on average, one per patient per visit—various sources; some estimates go as high as one-per-patient-per-day on average] alone add on average nearly $5,000 to the cost of every hospital visit." —Overtreated: Why Too Much Medicine Is Making Us Sicker and Poorer, Shannon Brownlee

"Hospital infections kill an estimated 103,000 people in the United States a year, as many as AIDS, breast cancer and auto accidents combined. ... Today, experts estimate that more than 60 percent of staph infections are M.R.S.A. [up from 2 percent in 1974]. Hospitals in Denmark, Finland and the Netherlands once faced similar rates, but brought them down to below 1 percent. How? Through the rigorous enforcement of rules on hand washing, the meticulous cleaning of equipment and hospital rooms, the use of gowns and disposable aprons to prevent doctors and nurses from spreading germs on clothing and the testing of incoming patients to identify and isolate those carrying the germ. ... Many hospital administrators say they can't afford to take the necessary precautions."—Betsy McCaughey, founder of the Committee to Reduce Infection Deaths (New York Times)

"When I climb Mount Rainier I face less risk of death than I'll face on the operating table."—Don Berwick (Harvard med school, founder of the campaign to save 100,000 lives)

Tom Peters posted this on 12/30/2009.
| Permalink | Comments (9) |

FYI
(Brand You)

The "Brand You" idea is about 20 years old now, but some folks are just coming in contact with it. One entrepreneur sent me a wonderful "thank you for the idea" email yesterday, referring to his first exposure to Brand You. BY has been praised and also has often been pilloried, and I replied with this:

"A lot of people have taken the Brand You idea and twisted it out of shape. 'They' say it's about egocentrism. That's off by 180 degrees as far as I'm concerned. The idea is that in a wildly competitive market, each of us, including Marriott housekeepers, has to be clear about our 'value proposition' and so-called USP. It's a matter of survival, not ego. Others have said Brand You is disloyal, a looking out for #1 attitude that puts the organization 2nd. Again, off by 180 degrees as I see it. I'd rather go to work with a stable of Brand Yous, hell bent on improving and producing Excellence, than with a bunch of 'just passin' the time' folks. Third, some say Brand You is anti-team. Again, all wrong. An effective Brand You is an effective networker (!!), hence more rather than less likely than usual to pay attention to supporting his or her mates."

This is just an "FYI."

Tom Peters posted this on 12/30/2009.
| Permalink | Comments (6) |

Merry Christmas ...

... from Tom and all the rest of us at tompeters.com.

Cathy Mosca posted this on 12/25/2009.
| Permalink | Comments (10) |

Business Book(s) of the Year

There were a ton of books on the financial crisis, many of which were quite good. My favorite came from the Financial Times' prize-winning reporter–editorialist Gillian Tett. Namely: Fool's Gold: How the Bold Dream of a Small Tribe at J.P. Morgan Was Corrupted by Wall Street Greed and Unleashed a Catastrophe. (Hats off to the FT in general for reporting on the crisis—my FT "take" beats my Wall Street Journal take 4 days out of every 5.) (Ms. Tett notwithstanding, I believe the best way to get your reading head around the current mess is to read Michael Lewis's 1989 classic, Liar's Poker.)

As to best book by a "finance guy," it's no contest! The gold to Vanguard Mutual Fund Group founder John Bogle for Enough. The chapter titles tell the story. Here's a sample:

"Too Much Cost, Not Enough Value"
"Too Much Speculation, Not Enough Investment"
"Too Much Complexity, Not Enough Simplicity"
"Too Much Counting, Not Enough Trust"
"Too Much Business Conduct, Not Enough Professional Conduct"
"Too Much Salesmanship, Not Enough Stewardship"
"Too Much Focus on Things, Not Enough Focus on Commitment"
"Too Many Twenty-first Century Values, Not Enough Eighteenth-Century Values"
"Too Much 'Success,' Not Enough Character"

As to the overarching theme of the book, Mr. Bogle begins with this vignette: "At a party given by a billionaire on Shelter Island, Kurt Vonnegut informs his pal, Joseph Heller, that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wildly popular novel Catch-22 over its whole history. Heller responds, 'Yes, but I have something he will never have ...
enough.'"

My "best management book" award goes to my old pal (pal = full disclosure) and Fast Company co-founder Alan Webber for Rules of Thumb: 52 Truths for Winning at Business Without Losing Yourself. From the beginning ("Rule #1: When the going gets tough, the tough relax") to the middle ("Rule #26: The soft stuff is the hard stuff") to the end ("Rule #52: Stay alert! There are teachers everywhere"), Alan doesn't miss a single beat in 52 tries. My runner-up, by a heartbeat, in the management book category is The Cost of Bad Behavior: How Incivility Is Damaging Your Business and What to Do About It, by Christine Pearson and Christine Porath. Decent behavior pays off, big time, and never more than in tough times—this is not a "be good" book, it's a "make money" book.

Now, to the Grand Prize Winner, my "Best Business Book 2009." The Gold goes with delight to retail guru George Whalin for Retail Superstars: Inside the 25 Best Independent Stores in America. Mr. Whalin is our tour guide to Excellence, and his first stop is, naturally, Fairfield, Ohio, home to Jungle Jim's International Market. The adventure in "shoppertainment," as Jungle Jim's calls it, begins in the parking lot and goes on to 1,600 cheeses and, yes, 1,400 varieties of hot sauce—not to mention 12,000 wines priced from $8 to $8,000 a bottle; all this is brought to you by 4,000 vendors from around the world. Like virtually all the stores in this book, customers flock to the doors from every corner of the globe. Then there's Abt Electronics in Chicago, Zabar's in Manhattan, and Bronner's Christmas Wonderland in Frakenmuth, Michigan—a town of just 5,000. Bronner's 98,000-square-foot "shop" features the likes of 6,000 Christmas ornaments, 50,000 trims, and anything else you can name if it pertains to Christmas.

And: The Ron Jon Surf Shop in Cocoa Beach, Florida.
And: Junkman's Daughter in Atlanta.
And: Smoky Mountain Knife Works in Sevierville, Tennessee.
And: the grand finale, finishing where we started—in Ohio; This time the spotlight is on Hartville Hardware in Hartville OH.

George Whalin's winning stores demonstrate–prove so many (heartening) things:

You can create a worldwide attraction and thrive as an independent in the Age of the Big Box retailer!
You can do anything!
You can be from anywhere!
You can make any-damn-thing ... bizarrely-amazingly-stupendously-special!

I think Whalin's message is perfect for 2009. We will, over the long haul, rebound from our colossal economic and unemployment mess on the backs of our entrepreneurs. The big guys may re-stock their payrolls a bit, but the generals, GE and GM, ain't the answer. And among the entrepreneurs, only a few, statistically, will be from Silicon Valley. To be sure, the best of the sexy entrepreneurs spawn whole new industries, but the blocking and tackling when it comes to jobs and productivity will come from Sevierville TN and Fairfield and Hartville OH and Frankenmuth MI and a hundred hundred other towns and small cities whose names, mostly, you haven't heard of.

When I initially blogged about Retail Superstars, I said, "I guarantee that any reader—from anywhere, in any business—can learn something from this book." I believe that. And because of that, Mr. Whalin takes home the Gold. (FYI: A great companion to Retail Superstars is Bo Burlingham's 2005 Small Giants: Companies that Choose to be Great Instead of Big.)

And so it goes ...

Tom Peters posted this on 12/22/2009.
| Permalink | Comments (13) |

Practice

A commenter named Norman Wei recently asked Cathy if Tom rehearsed repeatedly before getting in front of the camera for one of his videos. We were pretty sure we knew the answer, but checked with Tom. Here's what he said:

"There's less of an easy answer than you'd imagine. I do not rehearse in the formal sense. On the other hand, I come close to staying up all night before a speech going over my slides—over and over and over. Perhaps over 100 times???? Of course I formally modify the slides, to the point of de-emphasizing one word and emphasizing (italics) another. But as I go through the slides I am also sub-consciously, semi-consciously going through phrasing I might use. So in a way it's damn near rehearsal, though you're also right in that the main rehearsal is 3,000 or so speeches over about 31 years."

Shelley Dolley posted this on 12/22/2009.
| Permalink | Comments (4) |

Link Roundup #10

On NPR's Marketplace, Cool Friend Rosabeth Moss Kanter talks about Peter Drucker's principles, starting with "First was the importance of a company having a sense of mission or a purpose."

Tom pointed us to this article in the Wall Street Journal, "Temporary Workers and the 21st Century Economy," by Jody Greenstone Miller. It foresees a world where most people have several part-time jobs rather than one for 40 (plus) hours every week. A new book to appear in the U.S. in January, And What Do You Do? names this trend: Portfolio Careers. The British authors Katie Ledger and Barrie Hopson offer practical tools to help you determine if you are suited to this grab-bag approach to work and what types of work you'd prefer. Read more at their website, PortfolioCareers.net. [Full disclosure: Katie Ledger is the wife of one of our UK consultants, David Pilbeam, but the coincidence of its timing in step with Tom's noticing the article on the same subject was too much for me to ignore. Besides, I liked the book.]

We normally don't promote events. But for all the visual thinkers in our audience who might be able to make their way to San Francisco in March, you really shouldn't miss Cool Friend Dan Roam's two day seminar. Not only is he a talented guy (read: you'll learn a lot), but he's a lot of fun to spend time with.

We love this story in the Financial Times, "Room to Read's results in Sri Lanka." It's about children who love books, and the success of the program founded by Cool Friend John Wood in bringing the two together.

Joy Stauber, the designer responsible for the fantastic banners at tompeters.com (watch for a new one on Monday, the first day of winter), has a manifesto up at ChangeThis: Brands Are People Too. The point being that "however a brand is born [invariably started by people], it has to have a personality that people connect to." Yes!

Cathy Mosca posted this on 12/18/2009.
| Permalink | Comments (10) |

Dear God!

So my aunt, age 94 (??), being treated for a little lung goop with meds. (No such thing as "little" at that age.) Apparently it's getting better but not 100%. She goes to see a doc and he says she'll need surgery. (Big deal for any of us, VERY big deal at her age.) She insists on X-rays first. X-rays performed. She goes back to doc, asks if she needs surgery. His answer: No.

Why the hell did he quick trigger on a major diagnosis for a 94-year-old w/o "simple" evidence? Bastard!

Same aunt, some joint trouble. (Ain't it true of all of us post-55.) Referred to physical therapist. Referring doc says she'll need to stay in med facility for several days, not return to her small condo in assisted living center. She sees therapist, asks why she can't go home, describes her place in great detail. He says, "Of course you can go home."

What I've just described is inexcusable medical practice, especially for a 90+ patient, where odds of problems from surgery or significant in-patient stay are sky high; hence one should be twice as careful in making diagnosis.

Classic-garden variety outcome where overtreatment would most likely have been the result if she'd not been at the top of her game. Most, half her age, wouldn't have made the enquiries she made.

Alas, health reform package barely touches on this.

Tom Peters posted this on 12/17/2009.
| Permalink | Comments (28) |

False Dichotomy!
(If Anything, Backwards!)

I was asked to contribute "a paragraph" to a writer who was doing a magazine article on "management" "versus" "leadership."

Herewith my contribution:

"It is sometimes said that the difference between 'management' and 'leadership' is 'doing things right' versus 'doing the right thing.' I think that's nuts. In fact, let's assume there is a 'doing things right' and a 'doing the right thing.' Well, both are of equal importance, and if anything 'doing things right' takes precedence. Another way to put it is that having an 'excellent strategy' is approximately worthless unless execution is equally 'excellent.' Far more things fail to come to fruition because of lousy execution than because of lousy strategy. ('Execution is strategy' is the way a boss of mine, Fred Malek, put it waaaaaay back in the 1970s.) Hence my 'take no prisoners' 'bottom line' is that 'doing things right' is as much a part of effective leadership as 'doing the right thing.'"—Tom Peters/1217.09

Comments ...

Tom Peters posted this on 12/17/2009.
| Permalink | Comments (42) |

Excellence: Don't Fear Failure

Tom tells a story about a man who was unafraid to fail, and why he's an Excellent role model in a new video from The Little BIG Things video series. You can find the video on the top of the right column here on the front page of tompeters.com, or by clicking here. The transcript is available as a pdf. If you'd like to see previously posted videos in the series, be sure to visit our Video page (direct link to TLBT video series).

Shelley Dolley posted this on 12/17/2009.
| Permalink | Comments (10) |

Tweet box

Perhaps you've noticed a red box in the right column here on the front page of tompeters.com, underneath The Little BIG Things video series. The red box contains the three most recent tweets that Tom has posted on Twitter. At the top of the box is Tom's Twitter ID (tom_peters) and you can click it to be directed to his Twitter page where you can see more of his tweets. If you're not following Tom on Twitter already, this will give you a peek at what you've been missing.

Shelley Dolley posted this on 12/17/2009.
| Permalink

Your Brand Can Only Be As Good As ...

[Our guest blogger is Cool Friend Steve Yastrow. Find out more about Steve at Yastrow.com.]

No matter how good your product is, no matter how good your marketing and sales are, no matter how cool your ad agency is ...


Your external brand can never be stronger than your internal brand.


In other words, what your customers think of you can never be better than what your employees think of you. At least not for very long.

It's impossible to fake out your customers. Our world has become very transparent, and your customers can see, clearly, right into the soul of your company. If you want your customers to have clear, compelling, motivating beliefs about who you are and what you do for customers, you must ensure that your company's employees have those beliefs. Otherwise, your marketing and sales promises will not resonate with the reality of being your customer.

I often ask executives if they can name one person in their company who does have some effect on the customer experience, even if that effect is indirect. No one has ever been able to name one person. (Although someone did once mention the character in the movie Office Space who covets his stapler and is relegated to an office in the basement. 'Nuff said.) Yet few companies invest adequately in building the brand inside their company. They figure it's covered by the training budget or, more frequently, they just don't do anything about it.

There is a clear connection between what your employees believe about you and how much money you make. Are you investing enough in your internal brand?

Steve Yastrow posted this on 12/16/2009.
| Permalink | Comments (17) |

GE Model 2010?
The World Model 2010?

On March 13th of this year, the Financial Times reported that Jack Welch had reversed course on the principle he had held most dear and that had, on the back of his success in the 80s and 90s, been adopted by many if not most of America's biggest enterprises: "On the face of it, shareholder value is the dumbest idea in the world. Shareholder value is a result, not a strategy. ... Your main constituencies are your employees, your customers and your products."

The reaction by many, myself included, was nothing short of amazement. "Revising" your dogma is one thing, which most all of us have done and which is a sign of flexibility, but calling your principal claim-to-fame "the dumbest idea in the world," well that's ...

Jack's successor, Jeff Immelt, in the top slot since 2001, is a different cup of tea. He is, first and foremost, juicing up R&D and placing big bets on new products and new businesses. (He's been slowed down by putrid results at GE Capital, Welch's centerpiece and the source, in its heyday, of about half of GE's earnings—reducing dependence on GE Capital is another of Immelt's strategic goals.) The fact is that long before the Great Recession, Immelt was questioning rather directly some of GE's and indeed U.S. big business's emphasis in the prior 15 or so years. Consider this, from Mr. Immelt in 2005: "Almost every personal friend I have in the world works on Wall Street. You can buy and sell the same company six times and everybody makes money, but I'm not sure we're actually innovating. ... Our challenge is to take nanotechnology into the future, to do personalized medicine ..."

Which brings us all the way to this past Wednesday and Mr. Immelt's remarks, as reported by the FT, in an address at West Point: "We are at the end of a difficult generation of business leadership [TP query: defined by you know who, Jeff?] ... Tough-mindedness, a good trait, was replaced by meanness and greed, both terrible traits. ... Rewards became perverted. The richest people made the most mistakes with the least accountability." (To be fair, accountability has long been a GE trademark.) And if that stunner was not enough, Mr. Immelt, almost alone among high-visibility CEOs, deigned to address the struggling part of our population: "The bottom 25 percent of the American population is poorer than they were 25 years ago. That is just wrong. Ethically, leaders do share a common responsibility to narrow the gap between the weak and the strong." I'd chide Mr. I on the choice of the word "weak," but all in all, it is perhaps the most stunning-amazing-incredible reversal of course I've observed since I've began watching big business about 35 years ago—though Greenspan's acknowledgment that everything he believed most dearly, such as automatic self-regulation in the financial industry, had taken a shot below the water line, comes close to Immelt's 180-degree course change. (NB: I can't help but wonder if the strength of Immelt's remarks was tied to the setting at the USMA. It's hard to sling bullshit when you are addressing several thousand kids—and they are kids—who will be off to Afghanistan in pretty short order.)

"Meanness."
"Greed."
"Terrible."
"That is just wrong."

Wow!
And: Hooray for Jeff!
(And, about bloody time!)

Tom Peters posted this on 12/15/2009.
| Permalink | Comments (37) |

Toughness Does Not Preclude Decency

I applaud "toughmindedness." It's a requirement—especially in difficult times. But tough does not preclude graciousness in all its manifestations. Probably the most toughminded exec I've ever met is Milliken & Co.'s Roger Milliken. On the other hand, the South Carolina-based (Spartanburg) chief never fails to be a man of graceful behavior. At least in my experience.

Tom Peters posted this on 12/15/2009.
| Permalink | Comments (4) |

Success In Five Words.
Success in Nineteen Words.

It wasn't really a sleepless night. But it was "one of those nights" (not that infrequent for me) when some words start rumbling around ... and around and around. I just wanted a list of "stuff" that gets to the essence of human behavior, and thence is directly related to individual effectiveness at pretty much anything. (NB: And, ain't it always the case, "stuff" that business schools either recklessly take for granted or decide is not sophisticated enough to merit their attention.)

So here are "the real basics"—in five words. Achieve Excellence at these five things and the world (of human organizations) will pretty much be your oyster. To wit:


  1. Read.

  2. Write.

  3. Talk.

  4. Listen.

  5. Appreciate.

Once the keyboard was at my command, I ended up (surprise!) extending the list to 19 words. Herewith:

  1. Read.
  2. Write.
  3. Talk.
  4. Listen.
  5. Appreciate.
  6. Walk.
  7. Work.
  8. Sweat.
  9. Sweat.
  10. Enthuse.
  11. People.
  12. Frontline.
  13. Act.
  14. Anger.
  15. Band.
  16. Apologize.
  17. Weird-out.
  18. Network.
  19. EXCELLENCE.

Here, also in very few words, is my more or less definition of the 19 words:


  1. Read. (Outstudy 'em.)

  2. Write. (Clear, concise, powerful.)

  3. Talk. (Presentation mastery. Study. Practice-practice-practice. Storytelling, mastery of.)

  4. Listen. (Study. Practice-practice-practice. Understand enormous power thereof.)

  5. Appreciate. (Engaged. Thoughtful. Compassionate. Appreciative always, enormous power thereof.)

  6. Walk. (MBWA/Managing By Wandering Around. In touch. Again, learning, and learning is required, through practice.)

  7. Work. (Work harder than the next person. "Balance"? Uhm ...)

  8. Sweat. (Sweat the details with maniacal passion!)

  9. Sweat. (Sweat the details with maniacal passion!)

  10. Enthuse. (Enthusiasm moves mountains.)

  11. People. (Great and engaged people>>>Great strategy. Best bosses = Best people developers.)

  12. Frontline. (Firstline supervisors, quality of, determine just about everything. Must become an obsession.)

  13. Act. (Most tries wins. Hence "most failures" is a concomitant reality—celebrate 'em.)

  14. Anger. (Raging impatience with dumb stuff. Constantly question the status quo.)

  15. Band. (Small, passionate, relentless bands of people/renegades change the world. Period. Avoid the hierarchy—it tenaciously defends the past in 9.9 cases out of 10.)

  16. Apologize. ("I'm sorry," enormous power thereof. And rare, particularly among men.)

  17. Weird-out. (Multiple, unusual sources of information and feedback.)

  18. Network. (Develop wider-deeper-downward relationships. Think "suck down for success." Think-obsess on R.O.I.R./Return on investment in relationships. Again, women take to this instinctively.)

  19. EXCELLENCE. (The only standard. ALWAYS CAPITALIZE ALL LETTERS.)

Over to you ...

Tom Peters posted this on 12/15/2009.
| Permalink | Comments (15) |

What Matters Now

Seth Godin asked a group of people, all of whom consistently generate thought-provoking ideas, to provide a page on what they're thinking about as the new year rolls in. He's turned that into a pdf called What Matters Now. Tom contributed a page called the 19 Es of Excellence. There are stellar thinkers involved, so we highly recommend giving it a gander. Read more about the project at Seth's blog.

Shelley Dolley posted this on 12/14/2009.
| Permalink | Comments (7) |

Cool Friend #145: Garrison Keillor

The host of Public Radio's A Prairie Home Companion, Garrison Keillor has written his first-ever Christmas book, and the book tour fortuitously brought him our way. We welcome him to the Cool Friends! He and Erik discuss the book, A Christmas Blizzard (briefly), as the conversation meanders through the creative process. Keillor offers advice to writers ("The first page almost always can go"), artists ("Artists are supposed to be useful"), and speakers ("The audience is going to give you the benefit of the doubt for at least a minute or two. Don't waste that"). We think you should read our first-ever Christmas Cool Friends interview. Happy holidays!

Addendum: In its 21 December issue, Time magazine is publishing 10 Questions for Garrison Keillor, available now on Time.com along with a video version.

Cathy Mosca posted this on 12/11/2009.
| Permalink | Comments (8) |

Appreciation!
"Tool" No.1

Gray snowy day

The great American psychologist, William James, tells us, "The deepest principle of human nature is the craving to be appreciated."

I have long thought that those are among the most profound words I've ever stumbled upon. For I do fervently believe that appreciation is indeed the most powerful force of nature and hence, practically speaking, the premier "motivational" "tool" available to bosses-managers-leaders (not to mention parents and teachers and spouses).

Gary Fenchuk, whom I met at an Urban Land Institute meeting in San Francisco last month, sent me a copy of his book, Timeless Wisdom. The "yield" from the slim volume was incredible, especially given my almost conceit that "I've seen it all." I shall share a few of the quotes that struck home, but first back to William James and Almighty Appreciation. In the Fenchuk book I found a wonderful (?) quote from, yes, Frankenstein himself—or, more accurately, from author Mary Wollstonecraft Shelley: "I am malicious because I am miserable; if any being felt emotions of benevolence toward me, I should return them a hundredfold."

I'm not entirely sure why that got me between the eyes, but it did. (Maybe in part because it was a gray, gray, snowy day.) In good times, let alone bad, many is the worker who longs for even a modest show of "benevolence." And fails to get it—in a career that may span decades. (Hence poll after poll informing us that something like three-quarters of workers are not truly engaged.)

Which in turn leads me to two more gems courtesy Mr. Fenchuk:

"If we could read the secret histories of our enemies, we would find in each man's life a sorrow and a suffering enough to disarm all hostility."—Henry Wadsworth Longfellow

"When dealing with people, remember you are not dealing with creatures of logic, but with creatures of emotion, creatures bristling with prejudice and motivated by pride and vanity."—Dale Carnegie

And that pair in turn leads me to the last of this set, and back to the James brothers, this time the prominent novelist Henry: "Three things in life are important: The first is to be kind. The second is to be kind. The third is to be kind."

Tough times, which are still the context for many of us, provide the greatest tests of character. Tough times are the period when basic human decency matters most. From a commercial standpoint, tough times are the best of times to deepen relationships with employees, customers, suppliers, and the communities in which we work and live. Yes, difficult decisions must be made ... again and again. But the way in which these decisions are approached and executed is the bedrock for the relationships that will re-ignite first and most fiercely and move us forward with alacrity when the worm does turn.

Relationships based on thoughtfulness and benevolence and kindness and appreciation are the sort that you "can take to the bank." Or, to use the strategy mavens' metaphor du jour, deep relationships make for the deepest of "blue oceans"—a/k/a, sustainable competitive advantage.

Believe it!

(Above, snowy snowy day on the farm ... 12.09.2009. Below, the all-important "plow truck"!)

Snow plow

Tom Peters posted this on 12/10/2009.
| Permalink | Comments (54) |

Beware!
Scalawags at "Work"!

Vermont's Attorney General just issued a mindblowing report: Over a three year period, charitable organizations that used professional fundraisers ended up getting only 32% to the take! Some $8.4 million was raised—and the pro fundraisers took home $5.7 million, or 68%. Just $2.7 million was left for the charitable work itself.

Tom Peters posted this on 12/09/2009.
| Permalink | Comments (23) |

Lazy?
About Time?
Learning Curve!

Liberation Management ran 834 pages. It more or less includes "everything" as I saw it in 1992. I'd not change a word. I was trying to figure out what was up in a brave new world, and needed to wander around a large set of ideas and examples, from IDEO to Germany's Mittelstand marvels.

On the other hand, and at the other end of the spectrum, there's the 140-character world of Twitter. And I am enjoying the hell out of it. Most days I do 4 or 5 Tweets—except when I don't.

It makes me feel lazy—I should be posting here more.
On the other hand, at age 67 I am learning how to write. Finally. It's absolutely amazing how much you can say in 140 characters.

834 pages?
140 characters?
Whatever.

[Ed. You can follow Tom on Twitter here.]

Tom Peters posted this on 12/08/2009.
| Permalink | Comments (15) |

Health Care:
Must Read

Winter at the Farm

Best thing I've read so far. T.R. Reid, The Healing of America: Global Quest for Better, Cheaper, and Fairer Health Care. Reid takes us on a global tour. Among other things, in many countries with "universal access," the programs are anything but "socialist"—available choices often beat ours, and the free market plays the lead role.

(Above: Winter "on the farm" in VT ... the real thing!)

Tom Peters posted this on 12/07/2009.
| Permalink | Comments (23) |

Leadership: Listening

In a new video from The Little BIG Things video series, Tom uses an example from the healthcare industry to highlight the importance of listening. According to Tom, "the single most significant strategic strength that an organization can have is not a good strategic plan, but a commitment to strategic listening on the part of every member of the organization."

You can find the video on the top of the right column here on the front page of tompeters.com, or by clicking here. The transcript is available as a pdf. If you'd like to see previously posted videos in the series, be sure to visit our Video page (direct link to TLBT video series).

Shelley Dolley posted this on 12/07/2009.
| Permalink | Comments (6) |

Meeting Up: The New Black

[Our guest blogger, Karyn Polewaczyk, worked with us for a while on her road to Free Agent Nation. You can learn more about her on her site, or follow her on Twitter.]

For my generation—that ripe crop of late-twentysomethings that's neither X nor Y—the term "social networking" is often affiliated with a Twitter tweet or jaunty Facebook update. We've likened our virtual followers and friends to the tangible clients and colleagues who make up our actual reality, hoping that these "friends" will "follow" us to our brands and businesses. Despite the allure of following the latest trend, just as we shouldn't consider flip-flops appropriate office attire, we shouldn't confuse the importance of virtual friends with the value of face-to-face interaction.

As a freelance writer, I've got no choice but to be constantly on the hustle. Every method I can get my hands on to promote myself, whether by blog post or talking up a storm with a stranger, I'll take it. Despite the fact that my office shares space with my bedroom, there's no substitute for presenting my best, polished self in realtime. Social media is the fancy awning that hangs from a building; human interaction is the bricks and mortar.

The need to diffuse ourselves and our brands across a variety of platforms is very real and likewise, the importance of the Internet and social media as vehicles to do so is also very real. But at the end of the day, we're left with the reason why sites like Twitter and Facebook exist: the very real, very tangible people who use them.

And so I ask: is good, old-fashioned "meeting up" the new black?

Karyn Polewaczyk posted this on 12/04/2009.
| Permalink | Comments (30) |

RIGHT NOW...

What we're talking about on the front page.

ARCHIVES

- May 2013

- April 2013

- March 2013

- February 2013

- January 2013

- December 2012

- November 2012

- October 2012

- September 2012

- August 2012

- July 2012

- June 2012

- May 2012

- April 2012

- March 2012

- February 2012

- January 2012

- December 2011

- November 2011

- October 2011

- September 2011

- August 2011

- July 2011

- June 2011

- May 2011

- April 2011

- March 2011

- February 2011

- January 2011

- December 2010

- November 2010

- October 2010

- September 2010

- August 2010

- July 2010

- June 2010

- May 2010

- April 2010

- March 2010

- February 2010

- January 2010

- December 2009

- November 2009

- October 2009

- September 2009

- August 2009

- July 2009

- June 2009

- May 2009

- April 2009

- March 2009

- February 2009

- January 2009

- December 2008

- November 2008

- October 2008

- September 2008

- August 2008

- July 2008

- June 2008

- May 2008

- April 2008

- March 2008

- February 2008

- January 2008

- December 2007

- November 2007

- October 2007

- September 2007

- August 2007

- July 2007

- June 2007

- May 2007

- April 2007

- March 2007

- February 2007

- January 2007

- December 2006

- November 2006

- October 2006

- September 2006

- August 2006

- July 2006

- June 2006

- May 2006

- April 2006

- March 2006

- February 2006

- January 2006

- December 2005

- November 2005

- October 2005

- September 2005

- August 2005

- July 2005

- June 2005

- May 2005

- April 2005

- March 2005

- February 2005

- January 2005

- December 2004

- November 2004

- October 2004

- September 2004

- August 2004

- July 2004

- June 2004

- May 2004

- April 2004

Before blogging became all the rage, Tom was posting book reviews and Observations (essentially early blog posts) to this site. You can find the archives below.

What Tom's Reading Archives

- February 2004

- August 2003

- March 2003

- September 2002

- March 2002

- September 2001

- April 2001

- March 2001

- June 2000

- September 1999

OBSERVATIONS ARCHIVES

- July 2004

- April 2004

- February 2004

- May 2003

- March 2003

- June 2002

- April 2002

- March 2002

- February 2002

- January 2002

- December 2001

- November 2001

- October 2001

- September 2001

- August 2001

- February 2001

- January 2001

- December 2000

- November 2000

- October 2000

- September 2000

- August 2000

- July 2000

- June 2000

- May 2000

- April 2000

- March 2000

- February 2000

- January 2000

- December 1999

- November 1999

- October 1999

- September 1999

RIGHT NOW

What we're talking about
on the front page.