‘NiitioHdl. M in o r ity ^business (The |JnrtIanb UDbserner IN E S S p h r itiip s Oct. 6, 1999 AVeeA C20 RULES By Stan Davis and Christopher Meyer, authors of “ Blur” • M a k e S p e e d Y o u r M in d - s e t • C o n n e c t E v e ry th in g a n d E v e ry th in g • G r o w Y o u r In ta n g ib le s Faster Than Y o u r T a n g ib le s • B u ild P ro d u c t In to E v e ry S e rv ic e • Put S e rv ic e in to E v e ry P ro d u c t Johnny & Thorresa Huff of Johntae's Imported Tobacco Accessories • M a n a g e A ll B u s in e s s in Real T im e - G e t a g r ip o n w h a t ’ s h a p p e n in g a t th is in s ta n t, so th e r ig h t a d ju s tm e n ts can be m a d e w it h o u t d e la y . • Be A b le to D o A n y th in g You Do a t A n y tim e - T hese d a y s , 2 4 X 3 6 5 ru le s . • Be A b le to D o A n y th in g , A n y p la c e - C o n n e c t y o u r b u s in e s s no m a tte r w h e r e y o u - o r y o u r c u s to m e rs a re . • Put Y o u r O ffe r O n lin e — th e N e t is th e fir s t d is tr ib u tio n c h a n n e l o f th e e le c t r o n ic a g e . • M a k e Y o ur O ffe r In te r a c tiv e - M a k e an in v e n to r y o f y o u r o ffe r in g s a n d ta k e a c lo s e lo o k a t h o w in te r a c tiv e each is in » te rm s o f a c o n tin u a l d ia lo g u e . • Customize Every Offer • Make Sure Your Offer Gets Smarter with Use - Your offer must be able to learn from the way your customer puts it to use, and respond to the communication. • Foget about Annual Model Changes; Download Your Upgrade • Put Emotions into Every Offer and Every Exchange • Forget All You Thought You Knew about Business Economics • Forget the Law of Diminishing Returns - as all businesses become more information-intensive they will increasingly migrate toward increasing returns. • Don’t Start with Your Customer - Your product must educate the customer and the customer must educate you. • Don’t Plan Your Company’s Future; Adapt • Learn to Partner, Learn to Split • Create a Platform; Be the Standard • Let the Market Price Your Offer • A s s u m e E v e ry th in g W ill Be D e re g u la te d • M e a s u re Y ou r C o m p a n y by M a rk e t C a p R a tio s , N ot R e ve n u e s • Be Big and S m a ll S im u lta n e o u s ly • B len d W e b s and H ie ra rc h ie s - Fo cu s on b u ild in g y o u r fu tu re o rg a n iz a tio n w e b , n o t on te a rin g dow n yo u r old o rg a n iz a tio n h ie ra rc h y . • K eep Your A s s e ts in C y b e rs p a c e and O ff th e B a la n c e S h e e t • P rize In te lle c tu a l A s s e ts M o st, F in a n c ia l A s s e ts S e c o n d , P h y s ic a l A s s e ts L e a s t • M a n a ge , M e a s u re , and G row Y ou r In ta n g ib le C a p ita l • V alu e a C o m p a n y by Its G ro w th R a te s , N ot by Its A s s e ts • Own th e L in k s , n o t th e N od e s - R e m e m b e r y o u ’ re liv in g in a w o rld w h e re e v e ry th in g is c o n n e c te d w ith e v e ry th in g . So m a s te r th e a b ility to C o n n e c t. • V a lu e W h a t’s M o v in g , N ot W h a t’ s S ta n d in g S till - A n y th in g s ta n d in g s till is a lia b ility . M o tio n m a ke s them p ro d u c tiv e , so y o u ’ve g o t to m e a s u re , m a n a ge , and va lu e S p e e d m ore th a n q u a n tity . • Pay A tte n tio n . A tte n tio n is th e N e xt S c a rc e R e s o u rc e - We liv e in a w o rld o f in fo rm a tio n g lu t. S ta r t p a yin g a tte n tio n to how to g e t p e o p le ’ s a tte n tio n and ke ep it. » I