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Perseverance may be just as important as speed in the battle for the future.
Gary Hamel
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Gary Hamel
Age: 70
Born: 1954
Born: January 1
Businessman
Businessperson
Economist
Perseverance
Speed
Battle
Future
May
Important
Persistence
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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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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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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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The single biggest reason companies fail is they overinvest in what is, as opposed to what might be.
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Influence is like water. Always flowing somewhere.
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Top-down authority structures turn employees into bootlickers, breed pointless struggles for political advantage, and discourage dissent.
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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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A noble purpose inspires sacrifice, stimulates innovation and encourages perseverance.
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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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An enterprise that is constantly exploring new horizons is likely to have a competitive advantage in attracting and retaining talent.
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Any company that cannot imagine the future won't be around to enjoy it.
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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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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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Strategy is, above all else, the search for above average returns.
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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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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.
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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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