Thursday, March 12, 2009

Tom peters... 48 pieces of advice for small business

Basics 21/ “Hard is soft

I came across this from Tom Peters..... wonderful advice and thoughts.... love them... I trust and hope that Tom Peters is pleased with having them republished on my blog....


Tom Peters

22 February 2009
Queenstown New Zealand

The Heart of Business Strategy: 48 Things That Matter

We usually think of business strategy as some sort of aspirational market positioning statement. Doubtless that’s part of it. But I believe that the number one “strategic strength” is excellence in execution and systemic relationships (i.e., with everyone we come in contact with). Hence I offer the following 48 pieces of advice in creating a winning strategic that is inherently sustainable*:

  • “Thank you.” Minimum several times a day. Measure it.
  • “Thank you” to everyone even peripherally involved in some activity—especially those “deep in the hierarchy.”
  • Smile. Work on it.
  • Apologize. Even if “they” are “mostly” to blame.
  • Jump all over those who play the “blame game.”
  • Hire enthusiasm…Low enthusiasm. No hire. Any job.
  • Hire optimists. Everywhere. (“Positive outlook on life,” not mindless optimism.)
  • Hiring: Would you like to go to lunch with him-her. 100% of jobs.
  • Hire for good manners.
  • Do not reject “trouble makers”—that is those who are uncomfortable with the status quo.
  • Expose all would-be hires to something unexpected-weird. Observe their reaction.
  • Overwhelm response to even the smallest screw-ups.
  • Become a student of all you will meet with. Big time.
  • Hang out with interesting new people. Measure it.
  • Lunch with folks in other functions. Measure it.
  • Listen. Hear. Become a serious student of listening-hearing.
  • Work on everyone’s listening skills. Practice.
  • Become a student of information extraction-interviewing.
  • Become a student of presentation giving. Formal. Short and spontaneous.
  • Incredible care in 1st line supervisor selection.
  • World’s best training for 1st line supervisors.
  • Construct small leadership opportunities for junior people within days of starting on the job.
  • Insane care in all promotion decisions.
  • Promote “people people” for all managerial jobs. Finance-logistics-R&D as much as, say, sales.
  • Hire-promote for demonstrated curiosity. Check their past commitment to continuous learning.
  • Small “d” diversity. Rich mixes for any and all teams.
  • Hire women. Roughly 50% women on exec team.
  • Exec team “looks like” customer population, actual and desired.
  • Focus on creating products for and selling to women.
  • Focus on creating products for and selling to boomers-geezers.
  • Work on first and last impressions.
  • Walls: display tomorrow’s aspirations, not yesterday’s accomplishments.
  • Simplify systems. Constantly.
  • Insist that almost all material be covered by a 1-page summary. Absolutely no longer.
  • Practice decency.
  • Add “We are thoughtful in all we do” to corporate values list.
  • Number 1 force for customer loyalty, employee satisfaction.
  • Make some form of employee growth (for all) a formal part of values set.
  • Flowers.
  • Celebrate “small wins.” Often. Perhaps a “small win of the day.”
  • Manage your calendar religiously: Does it accurately reflect your espoused priorities?
  • Use a “calendar friend” who’s not very friendly to help you with this.
  • Review your calendar: Work assiduously and mercilessly on your “To don’ts.”—stuff that distracts.
  • Bosses, especially near the top: Formally cultivate one advisor whose role is to tell you the truth.
  • Commit to Excellence.
  • Talk up Excellence.
  • Put “Excellence in all we do” in the values set.
  • Measure everyone on demonstrated commitment to Excellence

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