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There's a simple, but oft-neglected lesson here: to sustain success, you have to be willing to abandon things that are no longer successful.
Gary Hamel
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Gary Hamel
Age: 70
Born: 1954
Born: January 1
Businessman
Businessperson
Economist
Simple
Sustain
Success
Neglected
Things
Abandon
Lesson
Lessons
Longer
Willing
Successful
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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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The real damper on employee engagement is the soggy, cold blanket of centralized authority. In most companies, power cascades downwards from the CEO. Not only are employees disenfranchised from most policy decisions, they lack even the power to rebel against egocentric and tyrannical supervisors.
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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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Your organization can start tweeting, but that wont change its DNA.
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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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An adaptable company is one that captures more than its fair share of new opportunities. It's always redefining its 'core business' in ways that open up new avenues for growth.
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Perseverance may be just as important as speed in the battle for the future.
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A noble purpose inspires sacrifice, stimulates innovation and encourages perseverance.
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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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Innovation is the fuel for growth. When a company runs out of innovation, it runs out of growth.
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Great accomplishments start with great aspirations.
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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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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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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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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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