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Management innovation is going to be the most enduring source of competitive advantage. There will be lots of rewards for firms in the vanguard.
Gary Hamel
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Gary Hamel
Age: 70
Born: 1954
Born: January 1
Businessman
Businessperson
Economist
Management
Vanguard
Endure
Firms
Advantage
Enduring
Source
Competitive
Going
Firm
Lots
Innovation
Rewards
More quotes by Gary Hamel
Organizational structures of today demand too much from a few, and not much at all from everyone else.
Gary Hamel
Somewhere out there is a bullet with your company's name on it. Somewhere out there is a competitor, unborn and unknown, that will render your strategy obsolete. You can't dodge the bullet – you're going to have to shoot first. You're going to have to out-innovate the innovators.
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This extraordinary arrogance that change must start at the top is a way of guaranteeing that change will not happen in most companies.
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We've reached the end of incrementalism. Only those companies that are capable of creating industry revolutions will prosper in the new economy.
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There are as many foolhardy ways to grow as there are to downsize.
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Your organization can start tweeting, but that wont change its DNA.
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In an increasingly non-linear economy, incremental change is not enough-you have to build a capacity for strategy innovation, one that increases your ability to recognize new opportunities.
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Discovery is the journey insight is the destination.
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In the age of revolution you have to be able to imagine revolutionary alternatives to the status quo. If you can't, you'll be relegated to the swollen ranks of keyboard-pounding automatons.
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The single biggest reason companies fail is they overinvest in what is, as opposed to what might be.
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The opportunities for future growth are everywhere. Seeing the future has nothing to do with speculating about what might happen. Rather, you must understand the revolutionary potential of what is already happening.
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All too often, a successful new business model becomes the business model for companies not creative enough to invent their own.
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Influence is like water. Always flowing somewhere.
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Taking risks, breaking the rules, and being a maverick have always been important but today they are more crucial than ever.
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You can't use an old map to see a new land.
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An uplifting sense of purpose is more than an impetus for individual accomplishment, it is also a necessary insurance policy against expediency and impropriety.
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Remarkable contributions are typically spawned by a passionate commitment to transcendent values such as beauty, truth, wisdom, justice, charity, fidelity, joy, courage and honor.
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From Gandhi to Mandela, from the American patriot to the Polish shipbuilders, the makers of revolutions have not come from the top.
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Innovation is the fuel for growth. When a company runs out of innovation, it runs out of growth.
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There is no way to create wealth without ideas. Most new ideas are created by newcomers. So anyone who thinks the world is safe for incumbents is dead wrong.
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