Wayne Huizenga RIP; His X-Factor; Best Strategic Priorities; Bloomberg Breakaway CEO Summit
March 29, 2018
Best Biz Book 2018; Top 50 Leaders; Prediction Machines; Important Record; Co-Founder Priceline Keynoting
April 19, 2018

Next Five Minutes; Excellence Dividend; People and AI; Hotel Cut-off

"…insights for scaleups"


Excellence is not an "aspiration." Excellence is…THE NEXT FIVE MINUTES!
  Tom Peters, The Excellence Dividend

April 17 Hotel Room Cut-off if you're planning to attend the ScaleUp Summit May 22 – 23 New Orleans, please reserve a hotel room. The cut-off date for the discounted rate is April 17 – and given the beautiful location (French Quarter) and time of the year, this Marriott tends to sell out.

Role of People in AI World legendary Tom Peters, co-author of In Search of Excellence, published his 18th book this week titled The Excellence Dividend Fitting with our upcoming ScaleUp Summit theme "Prediction Intelligence," Peters squarely addresses what is the critical role of people in an AI driven world – and much of what he's predicted in the past about how work would be structured today has come true – so I've learned to listen to this sage. SPro and book club members will get a copy of his book next week – then you're all invited to come hear Tom and 9 other top thought leaders keynote our ScaleUp Summit in collaboration with Bloomberg LIVE May 22 – 23, New Orleans

Execution is Strategy I'm not sure I completely agree with General Omar Bradley, whom Tom quotes as saying "Amateurs talk about strategy. Professionals talk about logistics" but I get the point. Victory ultimately comes down to excellent execution and as Tom notes above, it's all about what you do next, in the next five minutes. Notes Tom:

EXCELLENCE is your next conversation.
Or not.
EXCELLENCE is your next meeting.
Or not.
EXCELLENCE is shutting up and listening-really listening.
Or not.
EXCELLENCE is your next customer contact.
Or not.
EXCELLENCE is saying "Thank you" for something "small."
Or not.
EXCELLENCE is the next time you shoulder responsibility and apologize.
Or not.
EXCELLENCE is waaay over-reacting to a screw-up.
Or not.
EXCELLENCE is the flowers you brought to work today.
Or not.
EXCELLENCE is lending a hand to an "outsider" who's fallen behind schedule.
Or not.
EXCELLENCE is bothering to learn the way folks in finance [or IS or HR] think.
Or not.
EXCELLENCE is waaay "over"-preparing for a 3-minute presentation.
Or not.
EXCELLENCE is turning "insignificant" tasks into models of … EXCELLENCE.

This is a checklist worth formatting and posting in front of every person in the company!

Be the Best. It's the Only Market That's Not Crowded your reputation for excellence is simply the sum total of all the little things you do and don't do over the next five minutes, and then the five minutes after that. It's a never ending "search for excellence" – and must include, as Tom preaches, an increased role for women in leadership positions; an understanding of the importance of scaleups in the global economy; the interplay between technology and people; and the power/impact that culture and "putting people first" have on driving flawless execution of a simply stated (Vision Summary) strategy.

Enough hopefully the list above gives you enough to ponder over the coming week. And, again, please format and post the list in front of everyone in the organization. I'm simply out of time to write any more, leading with serial entrepreneur John Ratliff our latest CEO Boot Camp this week. It's always an intensive 24/7 kind of event and Tom's list has been prescient in helping me focus on the next one-on-one session, the next conversation, the next presentation, the next…as we work to guarantee an excellent experience/outcome for these CEOs and their firms. Tom's messages are always inspiring and insightful for me and I look forward to having him light a fire under all of you in New Orleans. See you soon.

CEO-BOOTCAMP: spend 3.5 days with Verne, serial entrepreneur John Ratliff, and 9 other CEOs in a beautiful retreat setting, addressing the constraints holding back you, your business, and your industry. May 29 – June 1 (YPO-only hosted by McKeel Hagerty); October 2 – 5; and January 15 – 18, 2019

EXITING: Thinking about selling the business for $40 million or more? Want to get 25% to 200% more than you thought? Request the whitepaper from the Exit Strategies Summit at Harvard from Denise Richmond at (610) 299-6466 or email at [email protected]


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Verne Harnish
Verne Harnish
Verne Harnish is founder of the world-renowned Entrepreneurs’ Organization (EO) and chaired for fifteen years EO’s premiere CEO program, the “Birthing of Giants” and WEO’s “Advanced Business” executive program both held at MIT. Founder and CEO of Gazelles, a global executive education and coaching company with over 150 coaching partners on six continents, Verne has spent the past three decades helping companies scale-up. The “Growth Guy” syndicated columnist, he’s also the Venture columnist for FORTUNE magazine. He’s the author of Scaling Up (Rockefeller Habits 2.0); Mastering the Rockefeller Habits; and along with the editors of Fortune, authored The Greatest Business Decisions of All Times," for which Jim Collins wrote the foreword. Verne also chairs FORTUNE Magazine’s annual Leadership and Growth Summits and serves on several boards including chairman of The Riordan Clinic and the newly launched Geoversity. He is an investor in many scale-ups. A father of four, he enjoys piano, tennis, and magic as a card-carrying member of the International Brotherhood of Magicians.