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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
Lots
Innovation
Rewards
Management
Vanguard
Endure
Firms
Advantage
Enduring
Source
Competitive
Going
Firm
More quotes by Gary Hamel
In an ideal world, an individual's institutional power would be correlated perfectly with his or her value-add. In practice, this is seldom the case.
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Influence is like water. Always flowing somewhere.
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Building human-centered organizations doesn't imply a return to the paternalistic, corporate welfare practices of the 19th century. Most of us don't want to be nannied.
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Your organization can start tweeting, but that wont change its DNA.
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Most of us do more than subsist. From the vantage point of our ancestors, we live lives of almost unimaginable ease. Here again, we have innovation to thank.
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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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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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Great accomplishments start with great aspirations.
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There are as many foolhardy ways to grow as there are to downsize.
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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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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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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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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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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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One way of building private foresight out of public data is looking where others aren't ... if you want to see the future, go to an industry confab and get the list of what was talked about. Then ask, What did people never talk about? That's where you're going to find opportunity.
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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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Discovery is the journey insight is the destination.
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I am an ardent supporter of capitalism - but I also understand that while individuals have inalienable, God-given rights, corporations do not.
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Are we changing as fast as the world around us?
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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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