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Are we changing as fast as the world around us?
Gary Hamel
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Gary Hamel
Age: 70
Born: 1954
Born: January 1
Businessman
Businessperson
Economist
Changing
Fast
Around
World
More quotes by Gary Hamel
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
All too often, a successful new business model becomes the business model for companies not creative enough to invent their own.
Gary Hamel
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.
Gary Hamel
Discovery is the journey insight is the destination.
Gary Hamel
Most companies don't have the luxury of focusing exclusively on innovation. They have to innovate while stamping out zillions of widgets or processing billions of transactions.
Gary Hamel
There are as many foolhardy ways to grow as there are to downsize.
Gary Hamel
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
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.
Gary Hamel
Top-down authority structures turn employees into bootlickers, breed pointless struggles for political advantage, and discourage dissent.
Gary Hamel
Power has long been regarded as morally corrosive, and we often suspect the intentions of those who seek it.
Gary Hamel
Great accomplishments start with great aspirations.
Gary Hamel
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
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
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
Influence is like water. Always flowing somewhere.
Gary Hamel
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
Strategy is, above all else, the search for above average returns.
Gary Hamel
Organizational structures of today demand too much from a few, and not much at all from everyone else.
Gary Hamel
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
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