Slides at … tompeters

1. Tom Peters’ Re-Imagine!Business Excellence in a Disruptive AgeKing Fahd University/16May2005

2. Slides at …tompeters.com

3. Re-imagine! Not Your Father’s World I.

4. 26m

5. “The Ultimate Luxury Item Is Now Made in China”—Headline/p1/The New York Times/ 07.13.2004/Topic: Luxury Yachts made in Zhongshan

6. 43h

7. “China’s Next Export: Innovation”—McKinsey Quarterly (Cover Story)

8. 2003: 98% U.S.2005: U.S. 150; Shanghai 500

9. “Vaunted German Engineers Face Competition From China”—Headline, p1/WSJ/07.15.2004

10. 168/18,500/51,000

11. 1 Houston/Month

12. 2007**The year Chinese will pass English to become the #1 language on the I’netSource: UN, Newsweek

13. 35/70

14. ’03: 25,000’04: 100,000’05: 400,000

15. “The world has arrived at a rare strategic inflection point where nearly half its population—living in China, India and Russia—have been integrated into the global market economy, many of them highly educated workers, who can do just about any job in the world.We’re talking about three billion people.”—Craig Barrett/Intel/01.08.2004

16. “On February 12, 2001, anyone with access to the Internet …Could suddenly look at a new atlas …one containing the whole human genome.”Source: Juan Enriquez, As The Future Catches You

17. Re-imagine! Not Your Father’s World II.

18. “A focus on cost-cutting and efficiency has helped many organizations weather the downturn, but this approach will ultimately render them obsolete.Only the constant pursuit of innovation can ensure long-term success.”—Daniel Muzyka, Dean, Sauder School of Business, Univ of British Columbia (FT/09.17.04)

19. “We’re now entering a new phase of business where the group will be a franchising and management company where brandmanagement is central.”—David Webster, Chairman, InterContinental Hotels Group“InterContinental will now have far more to do with brandownership than hotel ownership.”—James Dawson of Charles Stanley (brokerage)Source: International Herald Tribune, 09.16, on the sacking of CEO Richard North, whose entire background is in finance

20. “The Creative Age is a wide-open game.”—Richard Florida, The Rise of the Creative Class

21. Creativity Index:The 3 T’sTechnology(HT Index/firms & $$$, Innovation Index/patent growth)Talent(% with bachelors degrees+)Tolerance(Melting Pot Index/foreigners, Bohemian Index/artists et al.)Source: Richard Florida, The Rise of the Creative Class

22. Agriculture Age (farmers)Industrial Age (factory workers)Information Age (knowledge workers)Conceptual Age (creators and empathizers)Source: Dan Pink, A Whole New Mind

23. “The last few decades have belonged to a certain kind of person with a certain kind of mind—computer programmers who could crank code, lawyers who could craft contracts, MBAs who could crunch numbers. But the keys to the kingdom are changing hands. The future belongs to a very different kind of person with a very different kind of mind—creators and empathizers, pattern recognizers and meaning makers. These people—artists, inventors, designers, storytellers, caregivers, consolers, big picture thinkers—will now reap society’s richest rewards and share its greatest joys.”—Dan Pink, A Whole New Mind

24. “When I was growing up, my parents used to say to me: ‘Finish your dinner—people in China are starving.’ I, by contrast, find myself wanting to say to my daughters:‘Finish your homework—people in China and India are starving for your job.’”—Thomas Friedman/06.24.2004

25. “How we feel about the evolving future tells us who we are as individuals and as a civilization: Do we search for stasis—a regulated, engineered world? Or do we embrace dynamism—a world of constant creation, discovery and competition? Do we value stability and control? Or evolution and learning? Do we think that progress requires a central blueprint? Or do we see it as a decentralized, evolutionary process? Do we see mistakes as permanent disasters? Or the correctable byproducts of experimentation? Do we crave predictability? Or relish surprise? These two poles, stasis and dynamism, increasingly define our political, intellectual and cultural landscape.” —Virginia Postrel, The Future and Its Enemies

26. The General’s Story. (And the Admiral’s.)

27. “If you don’t like change, you’re going to like irrelevance even less.” —General Eric Shinseki, Chief of Staff. U. S. Army

28. Nelson’s secret:“[Other] admirals more frightened of losing than anxious to win”

29. My Story.

30. “In Tom’s world, it’s always better to try a swan dive and deliver a colossal belly flop than to step timidly off the board while holding your nose.”—Fast Company /October2003

31. Everybody’s Story.

32. “One Singaporean workercosts as much as …3 … in Malaysia 8 … in Thailand 13 … in China 18 … in India.”Source: The Straits Times/08.18.03

33. “Thaksinomics” (after Thaksin Shinawatra, PM)/ “Bangkok Fashion City”:“managed asset reflation”(add to brand value of Thai textiles by demonstrating flair and design excellence)Source: The Straits Times/03.04.2004

34. I. NEW BUSINESS. NEW CONTEXT.

35. Re-imagine Everything: All Bets Are Off.

36. JobsNew TechnologyGlobalizationSecurity

37. “Income Confers No Immunity as Jobs Migrate”—Headline/USA Today/02.04

38. “Reuters Plans To Triple Jobs at Site In India”—Headline/ New York Times/ World Business/08October2004/10% of total workforce in Bangalore by 2006

39. India350,000 engineering grads per year>50% F500 outsource software work to IndiaGE: 48% of software developed in India (Sign in GE India office: “Trespassers will be recruited”)Source: Dan Pink, A Whole New Mind

40. JobsTechnologyGlobalization Security

41. IS/IT

42. “UPS used to be a trucking company with technology.Now it’s a technology company with trucks.”—Forbes

43. Life Sciences

44. “WE ARE BEGINNING TO ACQUIRE … DIRECT AND DELIBERATE CONTROL … OVER THE EVOLUTION OF ALL LIFE FORMS … ON THE PLANET.”Source: Juan Enriquez, As The Future Catches You

45. “In a couple of decades the world’s dominant language became … strings of ones and zeroes. Your world … and your language … are about to change again.THE DOMINANT LANGUAGE … AND ECONOMIC DRIVER … OF THIS CENTURY … IS GOING TO BE … GENETICS.”Source: Juan Enriquez, As The Future Catches You

46. JobsTechnologyGlobalizationSecurity

47. “Asia’s rise is the economic event of our age. Should it proceed as it has over the last few decades, it will bring the two centuries of global domination by Europe and, subsequently, its giant North American offshoot to an end.” —Financial Times (09.22.2003)

48. JobsTechnologyGlobalizationSecurity

49. “This is a dangerous world and it is going to become more dangerous.”“We may not be interested in chaos but chaos is interested in us.”Source: Robert Cooper, The Breaking of Nations: Order and Chaos in the Twenty-first Century

50. 2. Re-imagine Permanence: The Emperor Has No Clothes!