Quote

Out there in some garage is an entrepreneur who's forging a bullet with your company's name on it. You've got one option now - to shoot first. You've got to out innovate the innovators.

Gary Hamel

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Gary Hamel
Age: 70
Born: 1954
Born: January 1
Businessman
Businessperson
Economist
First
Option
Bullets
Shoot
Entrepreneur
Forging
Name
Innovate
Company
Innovators
Names
Bullet
Firsts
Garage

More quotes by Gary Hamel

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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.
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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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There are as many foolhardy ways to grow as there are to downsize.
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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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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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Influence is like water. Always flowing somewhere.
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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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Are we changing as fast as the world around us?
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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.
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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.
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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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Power has long been regarded as morally corrosive, and we often suspect the intentions of those who seek it.
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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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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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A noble purpose inspires sacrifice, stimulates innovation and encourages perseverance.
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You can't use an old map to see a new land.
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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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Organizational structures of today demand too much from a few, and not much at all from everyone else.
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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.
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In a world of commoditized knowledge, the returns go to the companies who can produce non-standard knowledge.
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