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Read
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with Tom Peters to discover his views on everything
from dot coms to Dorling Kindersley.
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Q: Why this book? Why now?
A: Two principle factors. First, like many millions of others,
I was shaken by the events of 9/11 and what they portended.
My concerns, moreover, also reached to the core of my professional
life. After all, as a lifelong student of management, my shtick
is organizational arrangements. And on 9/11, behind the human
tragedy, our organizational arrangements--for example, in
the arena now called "homeland security"--were found
woefully inadequate. The bad guys, for one thing, used the
Internet effectively. The good guys didn't. So I felt a renewed
sense of urgency to re-think the way we organize to get work
done in general, and the work of the public security sector
in particular.
Second, I have watched with great alarm the aftermath of
the 2001 recession. As we all know, it's been a jobless "recovery."
The reason for this, which I began to discuss a half dozen
years ago, is the enormous productivity boost finally coming
out of the new technologies--which not only directly replace
workers, but also make it far easier to ship valuable white-collar
jobs offshore. Yesterday's trickle of jobs lost will obviously
be tomorrow's flood. In this case, a red tide of white-collar
professional blood.
Those two factors--one dealing with security concerns, the
other with commercial and career concerns--motivated me to
blow the cobwebs from my keyboard, and get going.
Q: Why is the book titled "Re-imagine"?
A: One of the book's two epigraphs comes from the just-retired
Chief of Staff of the U.S. Army, General Eric Shinseki: "If
you don't like change, you're going to like irrelevance even
less." Put simply, it's a time to re-imagine positively
everything. Our domestic security. Our war fighting. (Defense
Secretary Donald Rumsfeld is leading nothing less than a revolution
at the Pentagon.) Our commercial arrangements. (Look at the
power expressed by Wal*Mart and Dell, courtesy the new technologies
and new organizational approaches. Note: new ways of organizing,
not clever new B. School strategies.)
We need, then, new business models, new methods for war fighting,
new ideas about the progressions of careers in the absence
of employment security, and, perhaps the apex of it all, brand
new approaches to education in an age where value is based
on intellectual capital and creativity, not the height and
girth of one's smokestacks. Added up, it's a time for wholesale
re-imaginings. In fact, on the back cover of my book, I call
such re-imaginings the "foremost task and responsibility"
of this generation. I am dead serious.
Q: Presumably, you do not think the
Internet was a fad, or that the dot-com crash signalled the
decline of technological frenzy?
A: I'll say! Like Intel Chairman Andy Grove, I think we're
pretty much at the beginning of the beginning. The dot-com
crash was real. Bubble and burst bubble, the madness of crowds
and all that. But from the battlefields of Afghanistan and
Iraq to Wal*Mart, Dell and Amazon's "supply chains,"
we're beginning to catch glimpses of the power of the new
information technology's reach. Talk about shock and awe!
The fundamentals of how humans communicate and work will be
wholly upended in the next five to 25 years. Hey, all you
have to do these days is look at how the kids have brought
the movie and recording industries to their knees. Napster
may be on hold, and Hollywood's principle strategy may be
filing lawsuits against teenagers--but the genie is out of
the bottle.
And of course I haven't even touched on the biosciences revolution
which, over a slightly more extended timeframe, may well make
the info-revolution look puny by comparison. Added up, and
it's going to be a hell of a ride for, say, the next 50 years.
Technological frenzy past? Need for a new economy passé?
You've got to be kidding!
Q: You mentioned Hollywood lawsuits.
Industries are hunkering down and consolidating. Is it to
be a battle of the Titans? Is the '80s and '90s wave of entrepreneurship
but a distant memory?
A: No! It is an age of disruption! No one/institution is
safe! In the last 30 years, we've watched GM, IBM, AT&T,
U.S. Steel, Sears et al. take their lumps, to put it mildly.
Does any sane person think that Microsoft and Wal*Mart are
invulnerable? Probably the same "sane" persons who
thought GM and AT&T and IBM and Sears were invulnerable
a scant quarter century ago!
I confidently expect wave after wave after wave of entrepreneurs
to wreak havoc on any industry you can name for the foreseeable
future. Incidentally consolidations historically have typically
been the last gasp of the terminally-non innovative. No difference
today, as far as I can tell.
Q: Why have you chosen Dorling Kindersley
to publish your latest book?
A: My decision to shift publishers ties neatly into what
I've just been saying. It is an epoch of perpetual disruption.
Vivid responses to vivid problems are called for. I've never
seen business as dry and dreary, as an abstraction. (That
was the whole point of In Search of Excellence, right?) My
goal has long been to repaint conceptions of business in Technicolor.
Now, as the pace of change accelerates, the need for spirit
and bravura and Technicolor approaches to everything from
your and my career to Mr. Rumsfeld's war making, I felt the
business book per se ought to enter the 21st century with
a bang. It ought to exude the energy and passion and excitement
(and madness) of the times. And that's precisely what Dorling
Kindersley, almost alone, has long been doing in publishing.
Frankly, this is a marriage made in heaven, a "management
guru" whose signature is passionate views mates with
a publisher who has breathed vigour into the presentation of
books. I must say that producing this book was the greatest
thing that's happened to me since In Search of Excellence.
Q: Speaking of your passions, you alone
among the "guru set" seem fixated by the idea of
the power of women and the power of design. Why?
A: Because, to paraphrase the immortal bank robber Willie
Sutton, it's where the money is!
Let's start with women. I was led to this party seven years
ago by the woman who was president of my training company.
She insisted that it was high time I got educated. She gathered
about 30 of America's leading women entrepreneurs and they
spent a cathartic day reading me the riot act about the way
women are ignored in the marketplace by any industry you can
name, from hospitality to financial services. I pondered.
I wandered. I listened. I took notes. I gathered data. And
in short order I was shouting, "Holy smoke. How did we
[we male gurus!?] miss all this?" Women account for over
half of America's GDP. Women own ten million businesses in
the United States. Yet the still male-dominated business structures
and hierarchies (just 7 of 500 Fortune 500 CEOs are female)
are hopelessly out of it. As to why I'm the only one of my
kind ranting about this obvious multi-trillion-dollar-opportunity-gone-wanting,
I don't have a clue.
Not so incidentally, as I dug into the whys and wherefores
of businesses' non responsiveness to women-as-purchasers,
I delved even more deeply into basic business structures.
And it became alarmingly clear that (1) those structures are
thoroughly out of touch with the new world economic order
and (2) that women as would-be leaders bring exactly the right,
new skill set to the party. Hence the second of my two chapters
in the book on women is titled, "Meet the New Boss: Women
Rule."
My design passion came out of the same brewing kettle, more
or less. The basic notion of the business "value proposition"
is changing dramatically. And rapidly. We took a hit from
efficient Japanese manufacturers in the 1980s, and learned
our lesson--quickly. We adopted the quality thing and the
continuous improvement thing--with vigor. But welcome to 2003!
Excellent quality and business efficiencies are pervasive--from
Mexico and China (and the U.S.), as well as from Japan and
Germany. (Not so incidentally, those two mega-threats from
the 1980s are mired in intractable economic slumps. Their
quality record is still tops. Their innovation record is problematic.)
So what's next on the value-added horizon? I devote about
a third of the book, chapters 5 through 12, to answering that
question. But at the heart of the heart of the matter is design.
Not "cool looking stuff," though that's part of
it, but a generic approach to enterprise that honors creativity
and innovation and the concoction of extraordinary customer
experiences. What if every business "transaction"
was like the "experience" of Cirque du Soleil? Well,
I think that to survive, such is more or less going to be
the story across the board. Enterprise offerings must center
upon the provision of scintillating experiences. (E.g., IBM
has become one giant consultancy, peddling change-the-world
solutions, not hardware-with-good-service. UPS wants us to
"get over the truck," and think about what "Brown
can do for us.") Business processes must "sing."
Training courses must "sing." In short, as the new
technologies and new competitors engulf us as individuals
and enterprises, we must scramble up the value ladder, as
our forbearers did when the farms were foreclosed and then
the factories were shuttered. "Design thinking"
is near the core of the answer. And, incidentally, it's another
area that seems to be almost wholly ignored by the management
guru set. Reason? Again: beats me.
Q: So are most individuals, from U.
S. Army PFCs to mid-level bureaucrats, up to the challenge?
A: I honestly think so, which is not say the trip will be
painless, not by a long shot.
As I write, I'm in the midst of reading a brilliant new biography
of Ralph Waldo Emerson. Emerson's view, circa 1850, of "self
reliance" is my view, circa 2000, of Brand You. Brand
You is not about ego-centrism, at least in a pernicious way.
It's about recognition. Recognizing that lifetime employment
is dead. Perhaps recognizing that lifetime white-collar employment
wasn't that great a ride to begin with. (Think Dilbert. Think
cubicle slavery.) It's about recognizing that there is no
alternative except to grab the reins of one's career--grab
the reins out of the hands of an inconstant employer! We may
indeed stay with that employer, but no longer with a naïve
belief about the perpetuity of our "employment contract."
The new me will view every perspective project through the
prism, in part, of how it can add directly to my "portfolio
of marketable skills"--should the other shoe drop or
the plug be pulled.
One comforting thing about all this is that it's quintessentially
American. Our National Character oozes the urge to re-invent.
From the Pilgrim fathers and Ben Franklin and Ralph Waldo
Emerson to Tony Robbins we've been exhorted to "Go West,"
take charge of our lives, re-invent ourselves. Frightening?
Of course! Exhilarating and liberating? Absolutely! (Hey,
just ask a woman! Women--recall my earlier statistic--are
starting businesses at a per capita rate that wildly outpaces
men!)
Q: Any final words you'd like to say?
A: I hope "readers" look at this book. Sniff it.
Feel it. The goal is to reflect the wild energy that is enterprise
at its best. At its best, business is about creativity, service,
growth, talent development--and, yes, profits that allow you
to invest in more wild adventures with more top talent.
But the bottom line is clear: We cannot turn back the clock.
New enemies in new guises are here to stay. New technology
is here to stay. New competitors are here to stay. My hope
is that we can get beyond "coping"--and learn to
thrive amidst the volatility of the wild and wooly, horrible
and wonderful years to come.
Tom Peters/West Tinmouth
VT/09.10.2003
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