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The Pursuit of Wow! Every Person's Guide to

The Pursuit of Wow! Every Person's Guide to Topsy-Turvy Times

Tom Peters
1994
T2 349 pages · about 5h 49m to read OL2634082Wgoodreads

Summary

Peters collected 210 short pieces, most under two pages, written for a business audience in the early 1990s. The pieces are numbered and largely independent, with marginal comments and reader responses printed alongside the text.

The unifying claim is that competing on adequacy has stopped working. Peters argues that markets in the 1990s reward distinctiveness and speed, that being merely good produces commodity pricing, and that individuals as well as companies must find something memorable to be. He pushes hard on a set of related themes: flatten hierarchies, kill bureaucratic process, put decisions with the people doing the work, treat every project as a chance to produce something remarkable, and hire for personality rather than credentials.

He also argues that women make most purchasing decisions and that companies staffed and led by men therefore misread their customers, a position he returned to throughout his later work.

The evidence is anecdote and assertion. There is no research design and Peters does not pretend otherwise; the book is written to provoke rather than to demonstrate.

Much of what was contrarian in 1994 is now conventional, which makes the book feel less sharp than it did. Its historical interest is as a record of the management ideas that dominated the mid-1990s, including the enthusiasm for reengineering and disintermediation that Peters partly shared and partly attacked.

Key takeaways 7

  1. Being merely competent produces commodity pricing, so distinctiveness is the only defensible position.
  2. Companies should hire for character and curiosity rather than for credentials and experience.
  3. Bureaucratic process exists to protect the organisation from its own employees and destroys more value than it prevents.
  4. Women make the majority of purchasing decisions, and male-dominated companies systematically misjudge their customers.
  5. Individuals should manage their own careers as a business, because employers no longer offer durable employment.
  6. Speed of response has become a more powerful differentiator than product quality in most service categories.
  7. Every project, however small, should be treated as an opportunity to produce something people will remember.

Who should read it

Managers who want provocations rather than evidence, and readers interested in what management orthodoxy looked like in the mid-1990s.

About Tom Peters

American management writer and former McKinsey consultant who co-wrote In Search of Excellence and built a long practice in management speaking.

In Search of Excellence pulled management writing away from portfolio matrices and toward observable practices at operating companies, and the later books press the same emphasis on execution, customer obsession and organisational energy. Operators read the collections for concrete habits to copy rather than for a framework to fill in.

everything by and about them

Where it sits in the reference 2

Strategists
Business themes

Who recommended it 1 · 1 direct

Chai with Pabrai bookshelf — Entrepreneurship, Management and Leadership

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