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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
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Competitive
Going
Firm
Lots
Innovation
Rewards
More quotes by Gary Hamel
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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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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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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An enterprise that is constantly exploring new horizons is likely to have a competitive advantage in attracting and retaining talent.
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I'm not one of those professors whose office is encased floor-to-ceiling with books. By the way, I think academics do this to intimidate their visitors.
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Strategy is, above all else, the search for above average returns.
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A noble purpose inspires sacrifice, stimulates innovation and encourages perseverance.
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Resilience is based on the ability to embrace the extremes -- while no becoming an extremist. ... **Most companies don't do paradox very well.** (emphasis by author) [2002] p.25f
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You can't build an adaptable organization without adaptable people - and individuals change only when they have to, or when they want to.
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In most companies, the formal hierarchy is a matter of public record - it's easy to discover who's in charge of what. By contrast, natural leaders don't appear on any organization chart.
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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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Like a child star whose fame fades as the years advance, many once-innovative companies become less so as they mature.
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Power has long been regarded as morally corrosive, and we often suspect the intentions of those who seek it.
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The only thing that can be safely predicted is that sometime soon your organization will be challenged to change in ways for which it has no precedent.
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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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Your organization can start tweeting, but that wont change its DNA.
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Any company that cannot imagine the future won't be around to enjoy it.
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Most companies don't have the luxury of focusing exclusively on innovation. They have to innovate while stamping out zillions of widgets or processing billions of transactions.
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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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In a well-functioning democracy, citizens have the option of voting their political masters out of office. Not so in most companies.
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