Michael Francis, head of Marketing for Target and one of the book’s contributors, described his experience re-building the Target brand as a “long runway.” Target, he said, most certainly did not become known as Targét over night. The company made a long-term commitment to upgrade its product, aesthetic, and overall image. In fact, it was a 15-year process.
I was asked recently to name the single thing that I learned most from writing this book. What I realized is that while it was incredibly difficult and often times painful to not really know where we would end up, the essence of the book emerged out of the process of writing it. In fact, as counterintuitive as it feels in the midst of it, I don’t think you can really build anything unique unless you embrace the process itself - and the risks, mistakes, and experiments that are part and parcel of it.
It’s a funny thing about my generation. I’ve found that we are process-averse. We like the ends. We want to get to the exit before we’ve had the chance to walk down the hall. In fact, I think the term exit strategy - coined to describe a company’s vision to either sell or go public - emerged from my generation’s desire to have an exit planned the day we’ve started a company.
But as the artist and filmmaker Julian Schnabel said in his remarks which end our book: “The process is the prize.” That really stuck with me.