Title: Fidelity Boston 021600
1FidelityBoston02-16-00
2Hen scratches _at_ 37,000 feet
3 Microsoft R.O.W.Microsoft GM
Ford Boeing Lockheed Martin Deere
Caterpillar USX Weyerhaeuser Union Pacific
Kodak Sears Marriott Safeway
KelloggSource Business Week data through 5-99
4 Microsoft R.O.W. (II) Microsoft GM
Ford Boeing Lockheed Martin Deere
Caterpillar USX Weyerhaeuser Union Pacific
Kodak Sears Marriott Safeway Kellogg
McDonalds Bank One General Mills
American Airlines United Airlines Delta Air
Lines US Airways Quaker OatsSource
Yastrow Marketing (through 11-23-99)
5There is probably going to be more confusion in
the business world in the next decade than there
has been in any decade in history.Steve Case
(2-00)
6No Wiggle Room! Incrementalism is innovations
worst enemy. Nicholas Negroponte
7Just Say No I dont intend to be known as the
King of the Tinkerers. CEO, large financial
services company (New York, 5-99)
8Brand InsidePSF 1Brand Org!
9108 X 5vs. 8 X 1 540 vs. 8
10ERP, ECM, Web, Etc.ITS THE GIANT SUCKING SOUND
OF SLACK BEING EXTRACTED FROM THE GLOBAL
ECONOMY!
11PSF 1.0Professional Service Firm Conversion Kit
/ Release 1.0
12 support function / cost center /
bureaucratic dragor Rock Stars of the
Age of Talent
13Why are there no books on how to create a Cool,
Rocking, WOW-producing Finance Department?
14Brand InsidePSF 2Brand Work!
15Reward excellent failures. Punish mediocre
successes.Phil Daniels, Sydney exec
16You really got to me. So many of our information
technology projects take on a life of their own,
and I know theyll never end up as more than
mediocre successes. CEO, F100 financial
services company (10-98)
17E.g. WOW Scale1. Dull as dishwater.5.
Gets the job done.7. Good work!.10. A
serious Braggable!
18Kaiser 4.15.29
19Liberty Ship2 years240 days9 hours4 days,
15 hours, 29 minutes
20WOW Project Acid TestCan you explain it -
with zest - to your 14-year-old?
21Every project we take on starts with a question
How can we do whats never been done
before?Stuart Hornery, CEO, Lend Lease
22The greatest dangerfor most of usis not that
our aim istoo highand we miss it,but that it
istoo lowand we reach it.Michelangelo
23Epitaph from Hell Joe T. Jones 1942 - 2000
HE WOULDA DONE SOME REALLY COOL STUFF BUT
HIS BOSS WOULDNT LET HIM!
24- T.T.D./ Secret No. 1 Go horizontal Find a
(one!) line ally in the Boonies - Secret No. 2 Powerless allies are Cool!
- Secret No. 3 Passion Rules!
- Secret No. 4 Become a Prototyping Maniac!
- Secret No. 5 Embrace Politics / Community
Organizing!
25Notes Page
- Main Idea YOU ARE NOT POWERLESS. Seek out
allies in strange places and get going! DO NOT
WASTE TIME SELLING UP. - Attitude You are the Gandhi/King of your
mission. - So IDENTIFY THE FOLKS YOU WANT TO PLAY WITH RE
THAT INCREDIBLY COOL IDEA YOU HAVE!
26Culture of PrototypingEffective prototyping
may be the most valuable core competence an
innovative organization can hope to
have.Michael Schrage
27T.T.D./ Prototypers LawsDefine a small,
practical test of something on a page or less of
text. Now.Gather found materials on the
very cheap.Find a/one partner-customer
wholl provide a test site.Set a very tight
deadline of about 5 days for the next concrete
step.Conduct the test! Debrief A.S.A.P.Set
the next test date. Now. No more than 5 days
hence.
28Notes Page
- The idea is to establish a rhythm of
prototyping that defines every project.
29K2K
30ReferenceRules for Radicals, Saul Alinsky
31- It was much later that I realized Dads secret.
He gained respect by giving it. He talked and
listened to the fourth-grade kids in Spring
Valley who shined shoes the same way he talked
and listened to a bishop or a college president.
He was seriously interested in who you were and
what you had to say. - Sara Lawrence-Lightfoot, Respect
32Brand InsidePSF 3Brand You!
33 DISTINCT OR EXTINCT!If 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
34Personal Brand Equity Eval
- I am known for 2 to 3 things
- 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 include
- My resume is discernibly different from last
years at this time
35R.D.A.Rate 15?, 25?Therefore Formal
Investment Strategy/R.I.P.
36Brand InsidePSF 4Brand Talent!
37Our business needs a massive transfusion of
talent. And talent, I believe, is most likely to
be found among non-conformists, dissenters and
rebels. David Ogilvy
38The boundaries for acceptable weirdness have
dramatically expanded.Michael Schrage
39Axiom Never hire anyone without an aberration
in their background. (Find the One Ton Cookie
Man!)
40Attributes of Those Who Made the 10th Grade
History Book
- Committed!
- Determined to make a difference!
- Focused!
- Passionate!
- Irrational about their lifes project!
- Ahead of their time / Paradigm busters!
- Impatient! / Action Obsessed
41Attributes of Those Who Made the 10th Grade
History Book
- Made lots of people mad!
- Flouted the chain of command!
- Creative / Quirky / Peculiar! / Rebels! /
Irreverent! - Masters of improv / Thrive on chaos / Exploit
chaos!
42Attributes of Those Who Made the 10th Grade
History Book
- Forgiveness Permission
- Bone honest!
- Flawed as the dickens!
- In touch with their followers aspirations
- Damn good at what they do!
43Conformity is the enemy of freedom and the
jailer of growth.J.F.K.
44Brand OutsideContextNo Commodities!
45In the Beginning The audit has become a
commodity.Big 5 audit partner to TP
46Whats Special?Customers will try low cost
providers because the Majors have not given them
any clear reason not to.Leading Insurance
Industry Analyst (10-98)
47We make over three new product announcements a
day. Can you remember them? Our customers
cant!Carly Fiorina
48The surplus society has a surplus of similar
companies, employing similar people, with similar
educational backgrounds, coming up with similar
ideas, producing similar things, with similar
prices and similar quality.Kjell Nordstrom and
Jonas Ridderstrale, Funky Business
49Brand OutsideStrategy 1Lead the Customer!
50The customer is a rear view mirror, not a guide
to the future.George Colony, Forrester
ResearchIf you worship at the throne of the
voice of the customer, youll get only
incremental advances.Joseph Morone, President,
Bentley College
51 Good Bad/ 1 of 30,000We are crazy. We
should do something when people say it is
crazy. If people say something is good, it
means someone else is already doing it.Hajime
Mitarai, Canon
52Wealth in this new regime flows directly from
innovation, not optimization. That is, wealth is
not gained by perfecting the known, but by
imperfectly seizing the unknown.Kevin Kelly,
New Rules for the New Economy
53Amen!The Age of the Never Satisfied
CustomerRegis McKenna
54Brand OutsideStrategy 2Master E-Commerce!
5530,000,000. ???
56Dells Web sales daily
57Welcome to D.I.Y. Nation!Changes in business
processes will emphasize self service. Your costs
as a business go down and perceived service goes
up because customers are conducting it
themselves. Ray Lane, Oracle
58Psych 101 Strongest Force on Earth?My need to
be in perceived control of my universe!
59Anne Busquet/ American ExpressNot Age of the
InternetIs Age of Customer Control
60The Net hasnt lived up to its hype. Its a
distant, cold, alien, threatening world called
cyberspace. The challenge is to make the Net
into something intimate, warm, friendly, useful,
personal.Carly Fiorina, CEO, HP _at_ Comdex 99
61Where does the Internet rank in priority? Its
No. 1, 2, 3, and 4. Jack Welch
62Brand OutsideStrategy 3Women Rule!
63?????????Home Furnishings 94Vacations
92Houses 91Bank Account 89Health Care
75New Investment Clubs 101
6448 working wives 5080 checks61 bills43
500K95 financial decisions/ 29 single
handed
65Women 49 of Web users 6 of 10 new users 83
of wired women are primary decision makers for
family healthcare, finances, education.Source
Business Week (11-99)
66OPPORTUNITY NO. 1!
67Carol Gilligan/ In a Different VoiceMen Get
away from authority, familyWomen ConnectMen
Self-orientedWomen Other-orientedMen
RightsWomen Responsibilities
68FemaleThink/ PopcornMen and women dont think
the same way, dont communicate the same way,
dont buy for the same reasons.He simply wants
the transaction to take place. Shes interested
in creating a relationship. Every place women go,
they make connections.
69Women and Financial AdvisorsWomen want a
plan, to be listened to, to be taken seriously,
to read about it, to think about it.Women do
not want an in-your-face sales pitchSource
Kathleen Boyle, Wheat Boyle Butcher Singer
70Marketing to Women Help Them Save Time!80
work86 cook58 run errands with kids38
take child to school21 go to the gym21
take outside classes
71Speaking of Enormous Opportunities ...
7274/55At each stage of their lives, the needs
and desires of the baby boomers have become the
dominant concerns of American business and
popular culture. If you can anticipate the
movement of the baby-boom generations life-span
migration, you can see the future.Ken
Dychtwald, Age Wave
73Aging/Elderly2X growth rateIm
in charge!Experiences vs. ProductsGood
source Ken Dychtwald, Age Wave
74Brand OutsideStrategy 4Its the Experience!
75Experiences are as distinct from services as
services are from goods.Joseph Pine James
Gilmore, The Experience Economy Work Is Theater
Every Business a Stage
76The 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
77Experience 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
78Mantra Any good can be ing-edthe driving
experiencethe pumping experiencethe sitting
experiencethe reading experiencethe washing
experiencethe cooking experienceJoseph Pine
James Gilmore, The Experience Economy Work Is
Theater Every Business a Stage
79Brand LeadershipLead Out Loud!
80ENTHUSIASM RULES!I am a dispenser of
enthusiasm./ Ben Zander
81If you ask me what I have come to do in this
world, I who am an artist, I will reply, I am
here to live my life out loud.Emile Zola
82If things seem under control, youre just not
going fast enough.Mario Andretti