Quote

The single biggest reason companies fail is they overinvest in what is, as opposed to what might be.

Gary Hamel

Change background

T
T
T

Change font

TAGS & TOPICS

Gary Hamel
Age: 70
Born: 1954
Born: January 1
Businessman
Businessperson
Economist
Reason
Companies
Might
Innovation
Fail
Biggest
Failing
Single
Company
Change
Opposed

More quotes by Gary Hamel

Image
Discovery is the journey insight is the destination.
Gary Hamel
Image
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.
Gary Hamel
Image
There are as many foolhardy ways to grow as there are to downsize.
Gary Hamel
Image
An uplifting sense of purpose is more than an impetus for individual accomplishment, it is also a necessary insurance policy against expediency and impropriety.
Gary Hamel
Image
Trust is not simply a matter of truthfulness, or even constancy. It is also a matter of amity and goodwill. We trust those who have our best interests at heart, and mistrust those who seem deaf to our concerns.
Gary Hamel
Image
At the heart of every faith system is a bargain: on one side there is the comfort that comes from a narrative that suggests human life has cosmic significance, and on the other a duty to yield to moral commands that can, in the moment, seem rather inconvenient.
Gary Hamel
Image
Are we changing as fast as the world around us?
Gary Hamel
Image
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
Gary Hamel
Image
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.
Gary Hamel
Image
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.
Gary Hamel
Image
Power has long been regarded as morally corrosive, and we often suspect the intentions of those who seek it.
Gary Hamel
Image
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.
Gary Hamel
Image
Innovation is the fuel for growth. When a company runs out of innovation, it runs out of growth.
Gary Hamel
Image
Competition for the future is competition to create and dominate emerging opportunities-to stake out new competitive space. Creating the future is more challenging than playing catch up, in that you have to create your own roadmap.
Gary Hamel
Image
Top-down authority structures turn employees into bootlickers, breed pointless struggles for political advantage, and discourage dissent.
Gary Hamel
Image
Most of us understand that innovation is enormously important. It's the only insurance against irrelevance. It's the only guarantee of long-term customer loyalty. It's the only strategy for out-performing a dismal economy.
Gary Hamel
Image
I am an ardent supporter of capitalism - but I also understand that while individuals have inalienable, God-given rights, corporations do not.
Gary Hamel
Image
You can't use an old map to see a new land.
Gary Hamel
Image
In a well-functioning democracy, citizens have the option of voting their political masters out of office. Not so in most companies.
Gary Hamel
Image
We've reached the end of incrementalism. Only those companies that are capable of creating industry revolutions will prosper in the new economy.
Gary Hamel