Title: THE SIN OF
1THE SIN OF SEND
2The central element of good decision-making is a
persons ability to manage delay. Frank
Partnoy, Wait The Art and Science of Delay
3- Do NOT push SEND. Pause. Five minutes. An
- hour. Overnight. (TWWNCTAE/The World Will
- Not Come To An End.) (SBOOSR/Stop Being One
- Of Skinners Rats)
- 2. Do NOT immediately respond to that IM
- (unless it is a car accident involving spouse
- or child). PAUSE. REFLECT. (TWWNCTAE/
- SBOOSR)
- 3. Responding to that email CAN wait an hour.
- Can wait a DAY. Pause. Think. Counsel with
- others. (TWWNCTAE/SBOOSR)
- AXIOM2015 The word Instant yes, even in
- 2015 and the words creative considered
- thoughtful excellence are NOT congruent.
- (TWWNCTAE/SBOOSR)
4 Gratuitous Comments 1. Its always
the designers fault. 2. 9 of 10 infographics
suck. 3. 8 of 10 sets of signs and directions
(manuals) suck. 4. Any idiot can get the big
stuff right. 5. Men cannot design for women/
21-year-olds cannot design for
51-year-olds. 6. Speed kills. 7. WTTMSW/Whoever
Tries The Most Stuff Wins.
5 Infographic A tangled,
multicolored graphic representation that turns a
complex idea into an incomprehensible complex
idea. C.f., Economist, Wall Street Journal,
New York Times, etc.
6 Gratuitous Comments 1. Its always
the designers fault. 2. 9 of 10 infographics
suck. 3. 8 of 10 sets of signs and directions
(manuals) suck. 4. Any idiot can get the big
stuff right. 5. Men cannot design for women/
21-year-olds cannot design for
51-year-olds. 6. Speed kills. 7. WTTMSW/Whoever
Tries The Most Stuff Wins.
7 Tom Peters EXCELLENCE! HOW
DESIGN LIVE CHICAGO/05 May 2015 (presentation
slides at tompeters.com also see our fully
annotated 23-part Master Compendium at
excellencenow.com)
8- ORGANIZATIONS
- MARKETS
- LEADERSHIP
9ORGANIZATIONS THAT ARE AS GOOD/WELL- DESIGNED AS
AN APPLE DEVICE
10Management as conventionally perceived is a
dreary/ misleading/constrained word. E.g.,
mgt/standard usage Shouting orders in the slave
galley. Consider, please, a more
encompassing/more accurate definition
Management is the arrangement and animation
of human affairs in pursuit of desired
outcomes. Management is not about Theory X
vs. Theory Y/top down vs. bottom up.
Management is about the essence of human
behavior (Drucker called it a liberal art), how
we fundamentally arrange our collective efforts
in order to survive, adaptand, one hopes,
thrive. (E.g., Hall of Fame management document
Constitution of the United States of America.)
11Enterprise (at its best) An emotional,
vital, innovative, joyful, creative,
entrepreneurial endeavor that elicits maximum
concerted human potential
in the wholehearted pursuit
of EXCELLENCE in service of others.Employee
s, Customers, Suppliers, Communities, Owners,
Temporary partners
12It may sound radical, unconventional, and
bordering on being a crazy business idea.
However as ridiculous as it soundsjoy is the
core belief of our workplace. Joy is the reason
my company, Menlo Innovations, a customer
software design and development firm in Ann
Arbor, exists. It defines what we do and how we
do it. It is the single shared belief of our
entire team. Richard Sheridan, Joy, Inc.
How We Built a Workplace People Love
13In Good Business, Mihaly Csikszentmihalyi argues
persuasively that business has become the center
of society. As such, an obligation to community
is front center. Business as societal bedrock,
per Csikszentmihalyi, has the RESPONSIBILITY to
increase the SUM OF HUMAN WELL-BEING.
Business is NOT part of the community. In terms
of how adults collectively spend their waking
hours Business IS the community. And should act
accordingly. The (REALLY) good news Community
mindedness is a great way (the BEST way?) to have
a spirited/committed/ customer-centric work
forceand, ultimately, increase (maximize?)
growth and profitability.
14Our MissionTO DEVELOP AND MANAGE TALENTTO
APPLY THAT TALENT,THROUGHOUT THE WORLD, FOR THE
BENEFIT OF CLIENTSTO DO SO IN PARTNERSHIP TO
DO SO WITH PROFIT.WPP
15The role of the Director is to create a space
where the actors and actresses can become more
than theyve ever been before, more than theyve
dreamed of being. Robert Altman, Oscar
acceptance speech
163 Provide a pride- worthy job. 2 Help
people be successful at their current
job. 1 Help people grow/ prepare for
an uncertain future. Provide a
secure job.NOT POSSIBLE IN 2015. Success is
NOT enough, circa 2015. Societyand
profitabilitydemands this. (Or should!)
17The New Logic Scale w/o EmploymentKodak
1988/145,000 employees 2012/bankruptInstagram
30,000,000 customers/13 employees(WhatsApp
450,000,000 customers/ 55 employees/Valued _at_
19,000,000,000)Source Robert Reichs
Blog/0316.15
18Human level capability has not turned out to be
a special stopping point from an engineering
perspective. Illah Reza Nourbakhsh, Robot
Futures The intellectual talents of highly
trained professionals are no more protected from
automation than is the drivers left turn.
Nicholas Carr, The Glass Cage Software is
eating the world. Marc Andreessen
19Persado (vs. copywriter) emotion words, product
characteristics, call to action, position of
text, images Up To 250 To Spend On All Ships
In All Destinations. 2 Days Left (Copywriter/1.3)
vs. No kidding! You Qualify to Experience An
Incredible Vacation With Us -) (Algorithm/4.1)
A creative person is good but random. Weve
taken the randomness out by building an ontology
of language Lawrence Whittle, head of
sales Source Wall Street Journal/ 0825.14/Its
Finally Time to Take AI Seriously
20 In his eloquent 2009 book, The Thinking Hand,
the distinguished Finnish architect Juhani
Pallasmaa argues that the growing reliance on
computers is making it harder for designers to
imagine the human qualities of their buildingsto
inhabit their works in progress in the way that
people will ultimately inhabit the finished
structures. Calculative power grows. Sensory
engagement fades. Source Nicholas Carr, The
Glass Cage Automation and Us
21MARKETS
22Women BUY (Everything) !
23Forget CHINA, INDIA and the INTERNET Economic
Growth Is Driven by WOMEN. Source Headline,
Economist
24- W gt 2X (C I)
- Women now drive the global economy. Globally,
they control about 20 trillion in consumer
spending, and that figure could climb as high as
28 TRILLION in the next five years. Their 13
trillion in total yearly earnings could reach 18
trillion in the same period. In aggregate, women
represent a growth market bigger than China and
India combinedmore than twice as big in fact.
Given those numbers, it would be foolish to
ignore or underestimate the female consumer. - And yet many companies do just thateven ones
that are confidant that they have a winning
strategy when - it comes to women. Consider Dells
- Source Michael Silverstein and Kate Sayre, The
Female Economy, HBR
25Women are THE majority market Fara
Warner/The Power of the Purse
26The MOST SIGNIFICANT VARIABLE in EVERY sales
situation is the GENDER of the buyer.
Jeffery Tobias Halter, Selling to Men, Selling
to Women
27The Perfect Answer
Jill and Jack buy slacks in black
28(No Transcript)
29 Sales/After-sales Process 1. Kick-off
Women 2. Research Women 3. Purchase
Men 4. Ownership Women 5. Word-of-mouth
Women Source Martha Barletta, Marketing to
Women How to Increase Your Share of the Worlds
Largest Market
302.6 vs. 21
31Female users are the unsung heroines behind the
most engaging, fastest growing, and valuable
consumer internet and e-commerce companies.
Especially when it comes to social and shopping,
women rule the Internet. In e-commerce, female
purchasing power is clear. Sites like Zappos
Groupon, Gilt Groupe, Etsy, and Diapers are all
driven by a majority of female customers. Accordi
ng to Gilt Groupe, women are 70 of the customers
and 74 of revenue and 77 of Groupons
customers are female. But whats different now is
an exciting new crop of e-commerce companies. One
Kings Lane, Plum District, Stella Dot, Rent
the Runway, Modcloth, BirchBox, Shoedazzle,
Zazzle and Shopkickc are just a few examples of
companies leveraging girl power. The majority
of these companies were also founded by women,
which is also an exciting trend. And take a look
at four of the new horsemen of the consumer
webFacebook, Zygna, Groupon and Twitter. The
majority of all four properties users are
female. Make that horsewomen. So, if youre at
a consumer web company, how can this insight help
you? Would you like to lower your cost of
customer acquisition? Or grow revenue faster?
Maybe you would benefit from having a larger base
of female customers. If so, what would you
change to make your product/service more
attractive to female customers? Do you do enough
product and user interface testing with female
users? Have you figured out how to truly unleash
the shopping and social power of women? You could
also take a look at your team. Do you have women
in key positions? Aileen Lee, Kleiner Perkins
Caufield Byers (05.06.2011)
32Can you pass the Squint test ?
33Hypothesis Men cannot design for womens
needs!!??
34WOMEN RULE!
35 AS LEADERS, WOMEN RULE New studies find that
female managers outshine their male counterparts
in almost every measure TITLE, Special
Report, BusinessWeek Research suggests that to
succeed, start by promoting women. Nicholas
Kristof, NYTimes, 1024.13 In my experience,
women make much better executives than men.
Kip Tindell, CEO, Container Store, from
UNCONTAINABLE
36Women are rated higher in fully 12 of the 16
competencies that go into outstanding leadership.
And two of the traits where women outscored men
to the highest degree taking initiative and
driving for results have long been thought of
as particularly male strengths. Harvard
Business Review/2014
37 Womens Negotiating
StrengthsAbility to put themselves in their
counterparties shoesComprehensive, attentive
and detailed communication styleEmpathy that
facilitates trust-buildingCurious and attentive
listeningLess competitive attitudeStrong
sense of fairness and ability to
persuadeProactive risk managerCollaborative
decision-makingSource Horacio Falcao, cover
story, World Business, Say It Like a Woman Why
the 21st-century negotiator will need the female
touch
38For One (BIG) Thing McKinsey Company found
that the international companies with more women
on their corporate boards far outperformed the
average company in return on equity and other
measures. Operating profit was 56
higher. Source Nicholas Kristof, Twitter,
Women, and Power, NYTimes, 1024.13
39We (old farts like me) Have the
40 USA 1 boomer will turn
65 Every 8 SECONDS For the next 20 YEARS
41!!!!!!!!!!!!!!!!! PEOPLE TURNING 50 TODAY HAVE
MORE THAN HALF OF THEIR ADULT LIFE AHEAD OF
THEM. BILL NOVELLI, 50 IGNITING A REVOLUTION
TO REINVENT AMERICA
42Average of cars purchased per (USA) household,
lifetime 13Average of cars bought per
household after the head of household reaches
age 50 7Source Marti Barletta, PrimeTime Women
43In 2009, households headed by adults ages 65 and
older ... had 47 times as much net wealth as the
typical household headed by someone under 35
years of age. In 1984, this had been a less
lopsided 10-to-1 ratio. Source Pew
Research/10.11
4455 gt 55- Forrester Research age 55-plus are
more active in online finance, shopping, and
entertainment than those under 55
4544-65 NEW CUSTOMER MAJORITY Source Ageless
Marketing, David Wolfe Robert Snyder
46Baby-boomer Women The Sweetest of Sweet Spots
for Marketers David Wolfe and Robert Snyder,
Ageless Marketing
47Marketers attempts at reaching those over 50
have been miserably unsuccessful. No markets
motivations and needs are so poorly understood.
Peter Francese, founding publisher, American
Demographics
48The New Customer Majority is the ONLY adult
market with realistic prospects for significant
sales growth in dozens of product lines for
thousands of companies. David Wolfe Robert
Snyder, Ageless Marketing
49LEADERSHIP
5025
51Im always stopping by our storesat least 25
a week. Im also in other places Home Depot,
Whole Foods, Crate Barrel. I try to be a sponge
to pick up as much as I can. Howard
SchultzSource Fortune, Secrets of Greatness
52MBWA Managing By Wandering Around
53I DO PEOPLE
54Les Wexner FROM FASHION TRENDS GURU TO KICKS
FROM PICKING/ DEVELOPING PEOPLE! Limited
Brands founder Les Wexner queried on astounding
longterm growth profitability It happened, he
said, because I got as excited about developing
people as he had been about predicting fashion
trends in his early years.
551 CEO Failing?
56If I had to pick one failing of CEOs, its
that Co-founder of one of the largest
investment services firms in the USA/world
57If I had to pick one failing of CEOs, its that
they dont read enough.
58Question Your Judgment(Understatement)
59For a definitive list of 159 cognitive biases,
see http//en.wikipedia.org/wiki/List_of_cognit
ive_biases (And see Thinking, Fast and Slow, by
Daniel Kahneman)
60Cognitive Biases Behavioral, Social, and Memory
- Conservatism (Bayesian)
- Conservatism or Regressive Bias
- Consistency Bias
- Context Effect
- Contrast Effect
- Cross-race Effect
- Cryptomnesia
- Curse of Knowledge
- Decoy Effect
- Defensive Attribution Hypothesis
- Denomination Effect
- Distinction Bias
- Dunning-Kruger Effect
- Duration Neglect
- Egocentric Bias
- Egocentric Memory Bias
- Empathy Gap
- Endowment Effect
- Essentialism
- Actor-observer Bias
- Ambiguity Effect
- Anchoring or Focalism
- Attentional Bias
- Availability Cascade
- Availability Heuristic
- Backfire Effect
- Bandwagon Effect
- Base Rate Fallacy or Base Rate Neglect
- Belief Bias
- Bias Blind Spot
- Bizarreness Effect
- Change Bias
- Cheerleader Effect
- Childhood Amnesia
- Choice-supportive Bias
- Clustering Illusion
- Confirmation Bias
- Congruence Bias
61 Me! (The All Important Development of
Self)
62Being aware of yourself and how you affect
everyone around you is what distinguishes a
superior leader. Edie Seashore
63The biggest problem I shall ever face the
management of Dale Carnegie. Dale Carnegie,
diary of
64Acknowledgement!
65The deepest principle in human nature is the
craving to be appreciated. William JamesThe
deepest urge in human nature is the desire to
be important. John Dewey
66Employees who don't feel significant rarely make
significant contributions. Mark Sanborn
672!
68THANK YOU
69Little gtgt Big
70Practicing We-ism
71Observed closely The use of I or We during
a job interview. Source Leonard Berry Kent
Seltman, chapter 6, Hiring for Values,
Management Lessons From Mayo Clinic
72I am hundreds of times better here than in
my prior hospital assignment because of the
support system. Its like you were working in an
organism you are not a single cell when you are
out there practicing. quote from Dr. Nina
Schwenk, in Chapter 3, Practicing Team
Medicine, from Leonard Berry Kent Seltman,
from Management Lessons From Mayo Clinic
73R.O.I.R.gtgtR.O.I.
74RETURN ON INVESTMENT IN RELATIONSHIPS
75 Track Manage your investments in
relationships/your relationships portfolio as
closely as you would track manage budget
numbers.
7680
77Spend 80 of your time on alliesfinding and
developing and nurturing allies of every size
and shape is the name of the winning game.
78POLITICS
7975 of effective project management is political
mastery! Believe it!
80XFX 1
81 NEVER WASTE A LUNCH!
82 L XFFRA1 Lunch Cross-Functional
Friction Reduction Agent 1
83DOWN gtgt UP
84Loser Hes such a suck-up!Winner
Hes such a suck-down.
85SUCK DOWN FOR SUCCESS!
86SUCK DOWN FOR SUCCESS!
87Body Language
88Research indicates the pitch, volume, and pace
of your voice affect what people think you said
about five times as much as the actual words you
used. Stanford Business/Spring 2012/on the
work of Prof. Deborah Gruenfeld
893
90I regard apologizing as the most magical,
healing, restorative gesture human beings can
make. It is the centerpiece of my work with
executives who want to get better. Marshall
Goldsmith, What Got You Here Wont Get You
There How Successful People Become Even More
Successful.
91Relationships (of all varieties) THERE ONCE WAS
A TIME WHEN A THREE-MINUTE PHONE CALL WOULD HAVE
AVOIDED SETTING OFF THE DOWNWARD SPIRAL THAT
RESULTED IN A COMPLETE RUPTURE. Divorce, loss
of a BILLION aircraft sale, etc., etc.
92THE PROBLEM IS RARELY/NEVER THE PROBLEM. THE
RESPONSE TO THE PROBLEM INVARIABLY ENDS UP BEING
THE REAL PROBLEM. PERCEPTION IS ALL THERE IS!
93Comeback (big, quick response) gtgt Perfection
94With a new and forthcoming policy on apologies
Toro, the lawn mower folks, reduced the average
cost of settling a claim from 115,000 in 1991 to
35,000 in 2008 and the company hasnt been to
trial in the last 15 years!
95K R P
96Kindness Repeat Business Profit.
97"Let's not forget that small emotions are the
great captains of our lives." Van Gogh
98Meetings ROCK! (Make that SHOULD Rock)
99Complain all you want, but meetings are what
you (boss/leader) do!
100Meetings are 1 thing bosses do. Therefore, 100
of those meetings EXCELLENCE. ENTHUSIASM.
ENGAGEMENT. LEARNING. TEMPO. WORK-OF-ART. DAMN
IT.
101 Prepare for a meeting/every meeting as if your
professional life depended on it. It does.
1021 Mouth,2 Ears
103The doctor interrupts after Source
Jerome Groopman, How Doctors Think
10418
105 18 seconds!
1068 of 10 sales presentations fail50 failed
sales presentations talking at before
listening!Susan Scott, Let Silence Do the
Heavy Lifting, chapter title, Fierce
Conversations Achieving Success at Work and in
Life,One Conversation at a Time
107 Suggested Core Value 1 We are Effective
Listenerswe treat Listening EXCELLENCE as the
Centerpiece of our Commitment to Respect and
Engagement and Community and Growth.
108I always write LISTEN on the back of my hand
before a meeting. Source Tweet viewed
_at_tom_peters
109100
110Leaders Communications failure
111100Your fault!
11214 14
113Hiltons Law
114CONRAD HILTON, at a gala celebrating his career,
was called to the podium and asked, What were
the most important lessons you learned in your
long and distinguished career? His answer
115Remember to tuck the shower curtain inside the
bathtub.