Quote

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

Change background

T
T
T

Change font

TAGS & TOPICS

Gary Hamel
Age: 70
Born: 1954
Born: January 1
Businessman
Businessperson
Economist
Things
Abandon
Lesson
Lessons
Longer
Willing
Successful
Simple
Sustain
Success
Neglected

More quotes by Gary Hamel

Image
Innovation is the fuel for growth. When a company runs out of innovation, it runs out of growth.
Gary Hamel
Image
In a world of commoditized knowledge, the returns go to the companies who can produce non-standard knowledge.
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
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
Discovery is the journey insight is the destination.
Gary Hamel
Image
You can't use an old map to see a new land.
Gary Hamel
Image
Remarkable contributions are typically spawned by a passionate commitment to transcendent values such as beauty, truth, wisdom, justice, charity, fidelity, joy, courage and honor.
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
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
Taking risks, breaking the rules, and being a maverick have always been important but today they are more crucial than ever.
Gary Hamel
Image
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.
Gary Hamel
Image
Top-down authority structures turn employees into bootlickers, breed pointless struggles for political advantage, and discourage dissent.
Gary Hamel
Image
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
Image
Your organization can start tweeting, but that wont change its DNA.
Gary Hamel
Image
Truth be told, there are lots of companies that provide exemplary phone support. DirecTV, Virgin America and Apple are a few that regularly exceed my expectations.
Gary Hamel
Image
An enterprise that is constantly exploring new horizons is likely to have a competitive advantage in attracting and retaining talent.
Gary Hamel
Image
All too often, a successful new business model becomes the business model for companies not creative enough to invent their own.
Gary Hamel
Image
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.
Gary Hamel
Image
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.
Gary Hamel
Image
The single biggest reason companies fail is they overinvest in what is, as opposed to what might be.
Gary Hamel