Management: Leading! Without! Tom! Peters!

After the hyperenthusiastic star consultant left his firm, it learned to really manage

In late 2004, when management guru Tom Peters cast off the consulting and training company that bore his name, the folks left behind were pretty scared. Yet the partners of the renamed Bluepoint Leadership Development say that they are better managed without the world-famous management consultant and author of In Search of Excellence and Re-imagine! than with him: higher revenues, doubled profitability, loyalty from old clients and a roster of new ones like Starbucks, DHL and GE. "Fortune called Tom Peters the Ur-guru of management," says Bluepoint partner David Parks, "but apparently not when it comes to running his own company."

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