William Taylor - Mavericks at Work - Why the most original minds in business win

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An engaging and incisive look at today's top business leaders – visionary and creative mavericks who are changing the way we do business. Inspiring and accessible, ‘Mavericks at Work’ is for anyone who wants to succeed in business – from the entry-level employee to the CEO.In ‘Mavericks at Work’, two high-profile journalists introduce an inspiring group of entrepreneurs and executives who are building great businesses by challenging business as usual. From break-the-mould innovators such as HBO, Pixar, and Netflix to global giants such as IBM and Procter & Gamble, these mavericks are winning big by devising new answers to the oldest (and toughest) challenges of competition and leadership. Their stories are exciting – and their ideas are truly powerful.Real mavericks know that:• Big, original ideas pay big dividends• Being different makes all the difference• Nobody is as smart as everybody• Cheaper is better, but value is priceless• Great leaders are insatiable learners‘Mavericks at Work’ is a relentlessly useful how-to book. But it is also an eye-opening what-if book – with insights that showcase the power of business at its best and set a positive agenda for the future.

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Mavericks at Work

WHY THE MOST ORIGINAL MINDS IN BUSINESS WIN

William C. Taylor & Polly LaBarr

To Chloe Paige and Grace mavericks at home WCT To my parents who held me - фото 1

To Chloe, Paige , and Grace— mavericks at home

WCT

To my parents— who held me close, but never fenced me in

PL

Contents

INTRODUCTION

The Maverick Promise

PART ONE

RETHINKING COMPETITION

Chapter 1

Not Just a Company, a Cause: Strategy as Advocacy

What ideas is your company fighting for? • Can you play competitive hardball by throwing your rivals a strategic curveball? Changing the channel: The one-of-a-kind network that transformed television .

Chapter 2

Competition and Its Consequences: Disruptors, Diplomats, and a New Way to Talk About Business

Can you be provocative without provoking a backlash? • Why strategic innovators develop their own vocabulary of competition. • Winning on purpose: The values-driven ad agency that carves its beliefs into the floor.

Chapter 3

Maverick Messages (I): Sizing Up Your Strategy

Why “me-too” won’t do: Make-or-break questions about how you and your organization compete.

PART TWO

REINVENTING INNOVATION

Chapter 4

Ideas Unlimited: Why Nobody Is as Smart as Everybody

How to persuade brilliant people to work with you, even if they don't work for you. • Why grassroots collaboration requires head-to-head competition. • Eureka! How one open-minded leader inspired the ultimate Internet gold rush.

Chapter 5

Innovation, Inc.: Open Source Gets Down to Business

Have you mastered the art of the open-source deal? • Why smart leaders “walk in stupid every day.” • Bottom-up brainpower: How a 170-year-old corporate giant created a new model of creativity.

Chapter 6

Maverick Messages (II): Open-Minding Your Business

Shared minds: The design principles of open-source leadership.

PART THREE

RECONNECTING WITH CUSTOMERS

Chapter 7

From Selling Value to Sharing Values: Overcoming the Age of Overload

If your products are so good, why are your customers so unhappy? • How to build a cult brand in a dead business. • “Our customer is our category”— the retailer that sells a sense of identity.

Chapter 8

Small Gestures, Big Signals: Outstanding Strategies to Stand Out from the Crowd

Do you sell where your customers are—and your competitors aren’t? • Warm and scuzzy: How Howard Stern became the world’s most unlikely teddy-bear salesman. • Why the company with the smartest customers wins.

Chapter 9

Maverick Messages (III): Building Your Bond with Customers

Brand matters: The new building blocks of cutting-edge marketing.

PART FOUR

REDESIGNING WORK

Chapter 10

The Company You Keep: Business as if People Mattered

Can you attract more than your fair share of the best talent in your field? • How to find great people who aren’t looking for you. • Building the character of competition: Why the world’s friendliest airline unleashes the “warrior spirit” in its workforce.

Chapter 11

People and Performance: Stars, Systems, and Workplaces That Work

The first law of leadership: “Stars don’t work for idiots.” • How free agents become team players. • From bureaucracy to adhocracy: The many merits of a messy workplace.

Chapter 12

Maverick Messages (IV): Practicing Your People Skills

Hiring test: Is your design for the workplace as distinctive as your designs on the marketplace?

APPENDIX

Maverick Material

ENDNOTES

ACKNOWLEDGMENTS

INDEX Mavericks at Work WHY THE MOST ORIGINAL MINDS IN BUSINESS WIN William C. Taylor & Polly LaBarr

COPYRIGHT Mavericks at Work WHY THE MOST ORIGINAL MINDS IN BUSINESS WIN William C. Taylor & Polly LaBarr

ABOUT THE PUBLISHER

Introduction

The Maverick Promise

Nearly 25 years ago, the beloved and influential historian Daniel J. Boorstin wrote a much-praised book called The DiscoverersA History of Man’s Search to Know His World and Himself . The book is an exhaustive study of the human capacity to challenge conventional wisdom and move forward—in the arts, in the sciences, in technology. As he told the stories of world-shaping advances, Boorstin reminded his readers of “the courage, the rashness, the heroic and imaginative thrusts” of those who seek to break new ground, and of their “battle against the current ‘facts’ and dogmas of the learned.”

Much of Boorstin’s story-telling features the great explorers (Portugal’s Bartolomo Dias and Vasco da Gama, Italy’s Marco Polo and Christoper Columbus) as well as breakthrough tools such as the microscope and the telescope, which provided new windows into the world and transformed how we made sense of it.

But one of Boorstin’s most likeable characters is the little-known Henry Oldenburg, an early hero in the formation of the Royal Society of London. Today, of course, the Royal Society serves as the national academy of science in the United Kingdom, and is an establishment institution of the first order. Nearly 350 years ago, however, at the time of its formation, the Royal Society represented a deep-seated challenge to the British establishment’s bias against innovation, experimentation, and new ideas—a much-needed triumph of curiosity over received wisdom. The Royal Society’s motto, Nullius in Verba (“Take nobody’s word for it; see for yourself”) captured the restless spirit of Oldenburg and his colleagues, whom Boorstin dubs “the defenders of novelty.”

That restless spirit is what animates the great modern adventure of innovation and entrepreneurship. There is nothing more powerful in business today than a genuinely new idea, and the sense of experimentation that goes along with turning a new idea into a marketplace reality. In an era of hyper-competition and non-stop change, the only sustainable form of market leadership is thought leadership. Ideas matter : the only way to stand out from the crowd is to be a creator and defender of novelty.

This is the message at the heart of our book, Mavericks at Work . In industry after industry, organizations and executives that were once dismissed as upstarts, as outliers, as wildcards, have achieved positions of financial prosperity and market leadership. There’s a reason the young billionaires behind the most celebrated entrepreneurial success in recent memory began their initial public offering (IPO) of shares with a declaration of independence from business as usual. “Google is not a conventional company,” read their Letter from the Founders. “We do not intend to become one.”

Nor does the unconventional cast of characters you will encounter in this book. From a culture-shaping television network with offices in sun-splashed Santa Monica, California, to a little-known office- furniture manufacturer rooted in the frozen tundra of Green Bay, Wisconsin, from glamorous fields such as advertising, fashion, and the Internet, to old-line industries such as construction, mining, and detergent, they are winning big at business—attracting millions of customers, creating thousands of jobs, generating tens of billions of dollars of wealth—by rethinking the logic of how business gets done.

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