Gary Hamel - Competing for the future (1994)

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If a top management team cannot clearly articulate the five or six fundamental industry trends that most threaten its firm's continued success, it is not in control of the firm's destiny.

Gary Hamel
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
A company surrenders today's businesses when it gets smaller faster than it gets better. A company surrenders tomorrow's businesses when it gets better without getting different.

Gary Hamel
There are as many foolhardy ways to grow as there are to downsize.

Gary Hamel
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
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
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
Any company that cannot imagine the future won't be around to enjoy it.

Gary Hamel
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
Perseverance may be just as important as speed in the battle for the future.

Gary Hamel