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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.

Gary Hamel

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Gary Hamel
Age: 70
Born: 1954
Born: January 1
Businessman
Businessperson
Economist
Ends
Innovation
Revolution
Capable
Creating
Industry
Prosper
Growth
Revolutions
Economy
Reached
Company
Companies

More quotes by Gary Hamel

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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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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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Business leaders must find ways to infuse mundane business activities with deeper, soul-stirring ideals, such as honor, truth, love, justice, and beauty.
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It doesn't matter much where your company sits in its industry ecosystem, nor how vertically or horizontally integrated it is - what matters is its relative 'share of customer value' in the final product or solution, and its cost of producing that value.
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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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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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As human beings, we are the only organisms that create for the sheer stupid pleasure of doing so. Whether it's laying out a garden, composing a new tune on the piano, writing a bit of poetry, manipulating a digital photo, redecorating a room, or inventing a new chili recipe - we are happiest when we are creating.
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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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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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A titled leader relies heavily on positional power to get things done a natural leader is able to mobilize others without the whip of formal authority.
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You can't use an old map to see a new land.
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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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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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Innovation is the fuel for growth. When a company runs out of innovation, it runs out of growth.
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In the age of revolution it is not knowledge that produces new wealth, but insight - insight into opportunities for discontinuous innovation. Discovery is the journey insight is the destination. You must become your own seer.
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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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Your organization can start tweeting, but that wont change its DNA.
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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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Perseverance may be just as important as speed in the battle for the future.
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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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