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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.
Gary Hamel
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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.
Gary Hamel
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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.
Gary Hamel
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Obviously, you don't have to be religious to be moral, and beastly people are sometimes religious.
Gary Hamel
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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.
Gary Hamel
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Resilience is based on the ability to embrace the extremes—while not becoming an extremist. Most companies don't do paradox very well.
Gary Hamel
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Building human-centered organizations doesn't imply a return to the paternalistic, corporate welfare practices of the 19th century. Most of us don't want to be nannied.
Gary Hamel
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The only thing that can be safely predicted is that sometime soon your organization will be challenged to change in ways for which it has no precedent.
Gary Hamel
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Businesses fail when they over-invest in what is at the expense of what could be.
Gary Hamel
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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.
Gary Hamel
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Only after Southwest Airlines became the most profitable airline in America did United and American challenge their long-held assumptions about how to compete. At worst, laggards follow the path of greatest familiarity. Challengers, on the other hand, follow the path of greatest opportunity, wherever it leads.
Gary Hamel
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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.
Gary Hamel
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Acquired through business schools and other educational experiences and from consultants and management gurus, absorbed from peers and the business press, and formed out of career experiences, a manager's genetic coding establishes the range and likelihood of responses in particular situations.... All of us are prisoners, to one degree or another, of our experience.
Gary Hamel
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New business concepts are always, always the product of lucky foresight... The essential insight doesn't come out of any dirigiste planning process; it comes form some cocktail of happenstance, desire, curiosity, ambition and need. But at the end of the day, there has to be a degree of foresight — a sense of where new riches lie. So radical innovation is always one part fortuity and one part clearheaded vision.
Gary Hamel
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What's true for churches is true for other institutions: the older and more organized they get, the less adaptable they become. That's why the most resilient things in our world - biological life, stock markets, the Internet - are loosely organized.
Gary Hamel
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A noble purpose inspires sacrifice, stimulates innovation, and encourages perseverance. In so doing, it transforms great talent into exceptional accomplishment.
Gary Hamel
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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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Our fifth premise is that the resource allocation task of top management has received too much attention when compared to the task of resource leverage.
Gary Hamel
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Perseverance may be just as important as speed in the battle for the future.
Gary Hamel
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As human beings, we are the genetic elite, the sentient, contemplating and innovating sum of countless genetic accidents and transcription errors.
Gary Hamel
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At the heart of every faith system is a bargain: on one side there is the comfort that comes from a narrative that suggests human life has cosmic significance, and on the other a duty to yield to moral commands that can, in the moment, seem rather inconvenient.
Gary Hamel
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Today, no leader can afford to be indifferent to the challenge of engaging employees in the work of creating the future. Engagement may have been optional in the past, but its pretty much the whole game today.
Gary Hamel
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There are as many foolhardy ways to grow as there are to downsize.
Gary Hamel
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In a world of commoditized knowledge, the returns go to the companies who can produce non-standard knowledge.
Gary Hamel
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Whatever market a company might dominate today, it is likely to change substantially over the next ten years. There's no such thing as "sustaining" leadership; it must be reinvented again and again.
Gary Hamel
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Quote of the day
It is only too easy to make suggestions and later try to escape the consequences of what we say.
Jawaharlal Nehru
Gary Hamel
Born:
1954
(age 68)
Bio:
Dr. Gary P. Hamel is an American management expert. He is a founder of Strategos, an international management consulting firm based in Chicago.
Known for:
The Future of Management (2007)
Competing for the future (1994)
Leading the Revolution (2000)
Strategic Intent (1989)
Most used words:
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companies
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ability
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adaptable
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genetic
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innovation
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human
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management
,
businesses
,
ways
,
top
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change
,
core
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