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Thursday, December 17, 2009

My Own Tiger's Tale

by Matthew E May

Tiger Woods - Time Magazine Cover"Tiger-gate" is the media focus of the week. Looks like another one bites the moral dust. Another checkmark in the "how the mighty fall" column. A whole new meaning to Nike's tag line. Skootch over, Kobe. All that.

Be that as it may, I have my own Tiger's tale, and it's one that has stayed with me for the entire eight years since it happened. In fact, I use the story in many of my speeches. (You can view my presentation on YouTube HERE.)

The year was 2001, eight years ago to the week...

I walked into the small workout room of the country club I belong to in southern California, to find none other than Tiger Woods. Each year in December he hosts the last PGA event of the year: a small invitation-only challenge tourney at the course. Proceeds benefit Tiger's educational foundation for disadvantaged youths. (The big news this week, of course, is that he will not be in attendance at his own event). On this particular Monday, the Monday of the tournament week, it was just him and me in the gym. The fact that he was the only golfer in there pumping iron told me something. I guess I was watching him more intently than I realized, because he said "You obviously know who I am. Who are you?" I told him I was just a member, but that I had read an interesting Time magazine cover story on him the previous year, the gist of which was about how he took the biggest risk of his career immediately upon turning pro.

In 1997, with barely seven months under his belt as a professional golfer, 20-year old Tiger stunned the golf world. It wasn't that he had won five PGA Tour tournaments. Or pocketed a $60 million Nike endorsement deal. It wasn't that he had won the 1997 Masters by twelve strokes. It was his decision to reinvent his swing after achieving all that.

Pundits and peers thought he was crazy. Commentators speculated on his early demise. But Tiger knew his swing wasn't as consistent, controlled, or efficient as it could be. It took eighteen months of rewiring, practice, and frustration, during which time he was virtually winless. He knew he was getting better, and was quoted as saying, "Winning is not always the barometer of getting better." Slowly but surely, Tiger's new swing became a deadly controlled substance. With no loss of power, he could hit any type of shot on demand, better and more accurately than ever. The payoff was a record six straight wins starting in late 1999.

He's reengineered his swing now three or four times. Every time he does, he remains winless for a time - but then comes roaring back, usually with a string of wins like the one in 1999.

So I asked him: "What really drives you you to keep breaking what isn't broken?" He said, "The number 18." I immediately thought: "Aha, that's the number of majors Jack Nicklaus won. So that's the goal." I said as much. Tiger said, "That's what people think, and I let them. But 18? That's a perfect golf score."

That says it all right there. The point is this: The pursuit of perfection is not focused on achieving perfection, it's focused on chasing it. Approached as a process, it can drive breakthroughs. Approached as goal, it can actually block innovation. Perfection is unachievable...it'll never happen. Unless you're Buddha I guess. That's what throws people, at least in our Western culture. We've become impatient with mastery. If you can't achieve perfection, why bother pursuing it?

Answer: because you have to. Otherwise you'll always be a follower.

It's how the best get better.

In 2007, Tiger pocketed a cool $11,260,000.00 for taking first in the inaugural FEDEX Cup. He did it again this year. You don't mess with that kind of success, right? WRONG. As he accepted his millions for winning the Tour Championship and the FEDEX Cup, and after dazzling the gallery with one immaculate shot after another, he was asked if we can expect him to ever play any better than he is right now. Instant response: "Yes. I think my game is moving in the right direction."

If only his personal life was following alongside...



Matthew E MayMatthew E. May is the author of "IN PURSUIT OF ELEGANCE: Why the Best Ideas Have Something Missing." He is constantly searching for creative ideas and innovative solutions that are 'elegant' - a unique and elusive combination of unusual simplicity and surprising power.

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Sunday, August 30, 2009

Keep Your Cool. Speed Can Kill.

by Steve McKee

I recently came across an interesting quote from Michael Schumacher, the seven-time Formula One champion. He said, "To perfect things, speed is a unifying force. To imperfect things, speed is a destructive force."

Business, like auto racing, is a world of imperfect things. Always has been. But as the pace of change continues to increase, both the danger and the likelihood of a company hitting the wall grow exponentially greater. Strategic mistakes that in the past might have required a pit stop now could be fatal.

A lot of companies are learning this the hard way during the protracted downturn. We've all read about Lehman Brothers, GM and Washington Mutual, but a number of lower profile yet still well-known names have also joined the bankruptcy club, including Six Flags, Crunch Gym and Nortel. According to the American Bankruptcy Institute, business bankruptcies in the first half of 2009 are 64 percent higher than they were in 2008. More than twenty thousand corporations have gone belly up since the beginning of the year.

What does this mean to those of us that are still in the race? We have to stay calm, stay focused, and keep a tight but responsive grip on the steering wheel. The pace of change requires that we drive faster and faster, but bumps in the road and the inches that separate us from our competitors can change in an instant and send us careening into the wall. As Adam Hartung, author of Create Marketplace Disruption, puts it, "When a new technology can go from invention to market in weeks, adaptability becomes far more important than size."

Adaptability. The true test of today's environment isn't simply which companies have enough cash or market share to ride things out, but which can best adjust to the changing environment--both outside and within their organizations. While power has always been important, smart strategy is more vital than ever. This challenging race calls for cool-headed drivers.



Steve McKee is a BusinessWeek.com columnist, marketing consultant, and author of "When Growth Stalls: How it Happens, Why You're Stuck, and What To Do About It." Learn more about him at www.WhenGrowthStalls.com and at http://twitter.com/whengrowthstall.

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