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Tom Peters: Twenty-seven Practical Ideas That Will Transform Every Organization

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I have been following Tom Peters work for over 20 years now and he rarely disappoints. On his blog today he publishes a list of 27 practical ideas that will transform an organisation.
Read, pause, think, do!

The Top 27: Twenty-seven Practical Ideas That Will Transform Every Organization

1. Learn to thrive in unstable times—our lot (and our opportunity) for the foreseeable future.

2. Only putting people first wins in the long haul, good times and especially tough times. (No “cultural differences” on that one! Colombia = Germany = the USA.)

3. MBWA/Managing By Wandering Around. Stay in touch!

4. Call a customer today!

5. Train! Train! Train! (Growing people outperform stagnant people in terms of attitude and output—by a wide margin.)

6. “Putting people first” means making everyone successful at work (and at home).

7. Make “we care” a/the company motto—a moneymaker as well as a source of pride.

8. All around the world, women are an undervalued asset.

9. Diversity is a winning strategy, and not for reasons of social justice: The more different perspectives around the table, the better the thinking.

10. Take a person in another function to lunch; friendships, lots of, are the best antidote to bad cross-functional task accomplishments. (Lousy cross-functional communication stops companies and armies alike.)

11. Transparency in all we do.

12. Create an “Innovation Machine” (even in tough times). (Hint: Trying more stuff than the other guy is Tactic #1.)

13. We always underestimate the Innovation Advantage when 100% of people see themselves as “innovators.” (Hint: They are if only you’d bother to ask “What can we do better?”)

14. Get the darned Basics right—always Competitive Advantage #1. (Be relentless!)

15. Great Execution beats great strategy—99.9% of the time. (Make that 100% of the time.)

16. A “bias for action” is a “bias for success.” (Great hockey player Wayne Gretzky: “You miss 100% of the shots you don’t take.”)

17. No mistakes, no progress! (A lot of fast mistakes, a lot of fast progress.) (Australian businessman Phil Daniels: “Reward excellent failures. Punish mediocre success.”)

18. Sometimes “little stuff” is more powerful than “big stuff” when it comes to change.

19. Keep it simple! (Making “it” “simple” is hard work! And pays off!)

20. Remember the “eternal truths” of leadership—constants over the centuries. (They say Nelson Mandela’s greatest asset was a great smile—you couldn’t say no to him, even his jailors couldn’t.)

21. Walk the talk. (“You must be the change you wish to see in the world.”—Gandhi)

22. When it comes to leadership, character and people skills beat technical skills. (Emotional Intelligence beats, or at least ties, school intelligence.)

23. It’s always “the little things” when it comes to “people stuff.” (Learn to say “thank you” with great regularity. Learn to apologize when you’re wrong. Learn the Big Four words: “What do you think?” Learn to listen—it can be learned with lots and lots of practice.)

24. The “obvious” may be obvious, but “getting the obvious done” is harder said than done.

25. Time management is the only real “control” variable we have.

26. All managers have a professional obligation to their communities and their country as well as to the company and profit and themselves. (Forgetting this got the Americans into deep trouble.)

You can read the original post here.

27. EXCELLENCE. ALWAYS. (What else?)

Make Sure You Chop the Dead Wood

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This was the title of piece written by Geoff Colvin – and it has always been both important and relevant – even more so at the moment.

Here is the nub of Geoff’s piece:

Let’s be clear about the corrosive effects of avoiding this problem (underperforming employees). A recent survey from McKinsey is fairly chilling: Keeping poor performers means that development opportunities for promising employees get blocked, so those subordinates don’t get developed, productivity and morale fall, good performers leave the company, the company attracts fewer A players, and the whole miserable cycle keeps turning.

It gets worse. Employees know who the underperformers are. They know that the top executives know who they are. So every day the top team fails to address the problem, it’s sending a message: We’re not up to managing this outfit. Refusing to deal with underperformers not only makes your best employees unhappy, but it also makes them think the company is run by bozos.

Why don’t companies act? Some fear it would lower morale, which is nonsense. Mckinsey asked thousands of employees whether they’d be “delighted” if their company got rid of underperformers, and 59% strongly agreed – yet only 7% believed their companies were actually doing it. Executives often say they leave poor performers in place because they want the company to be seen as humane. That’s just more evasion of reality, of course. As Ed Michaels of McKinsey says, “The attitude is, “Let’s be fair to Charlie. He’s been here 21 years.” But we say, “What about the eight people who work for Charlie? You’re not being fair to them”.

A senior executive at Hewlett-Packard, put it like this: “I feel there is no greater disrespect you can do to a person than to let them hang out in a job where they are not respected by their peers, not viewed as successful, and probably losing their self-esteem. To do that under the guise of respect for people is, to me, ridiculous.”

Managing underperformers is a critical management function.  Having the courage to use feedback and coaching to improve performance to meet organisational standards (rather than turning a blind eye) and if necessary coaching staff as part of capability procedures is difficult work but it must be done – if mediocrity is to be kept at bay.

So consider this as a possible New Year’s Resolution for 2009.  Resolve to fire your greatest under performer.

Making this resolution will force you to address the under performance issues – because I know that you will not want to fire anyone.  It will force you to make 121s more powerful and honest, to give more feedback, to coach more, to praise more – to do everything in your power to make them such a great employee that you can’t fire them.

You might have another resolution that you didn’t see through – but you will have achieved something much more valuable – to have developed an underperformer into an over whelmer.

Are you up to it?

Barriers to Coaching

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Prem Rao writes a great blog and one of his recent posts identifies 7 barriers that prevent managers from coaching their team members as much as they ought.

Now I spend a lot of my time teaching managers how to coach and while I agree with all of Prem’s 7 I would have to add a few more barriers that I regularly encounter!

One is the perception that coaching takes a along time and is expensive.  While coaching can take several weeks to really improve performance it is usually used to address a problem or an opportunity that has existed for months!  Taking 6 -9 weeks to make real progress on an issue that is important but not urgent has to be a great use of any manager’s time.

But this brings us to another barrier to coaching.  Coaching is a classic Quadrant 2 activity in Covey terms – it is itself an important but seldom urgent part of the work of the manager – After all you can always postpone coaching for another day without the wheels falling off.  Secondly the issues that require coaching tend to be Quadrant 2 in nature – they are important but seldom urgent.  So we are caught in a double whammy – not only can we afford to postpone coaching we can also postpone addressing the issue that coaching would be perfect to address.

Another barrier is the perception that it will take up a lot of the managers time if they start to coach – in fact it will nearly always save time – especially if used in partnership with delegation.

Then there is the association of coaching with under-performance.  The perception that coaching is something that is done (certainly at middle and lower levels in the organisation) as a last resort effort to address under performance.  This makes it awkward for managers to broach the subject of coaching with high performers.

Finally I think that many managers fight shy of coaching because they are insufficiently secure in their own technical competence and believe that their own short-comings might be exposed if they start to coach.

The solution?

Set an expectation that every manager will coach every member of the team every week.  Train managers how to coach. Hold them accountable for this expectation and reward those that deliver! 

Not only will you see progress in terms of performance and value creation, you will also start to develop a culture where you really do ‘invest in your people’.

Managing through the Crunch

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It can be a tough time to try to get an organisation to focus on anything that is not, in the short term, going to increase profits or reduce costs.  People are really beginning to understand what is meant by an ‘uncertain future’.

And this makes it just the right time to re-double your investment in engaging your employees in shaping the ‘uncertain future’ of your organisation. 

It takes time, commimtment and courage to really engage people in the process – but, as the economist Paul Romer said “a crisis is a terrible thing to waste”.