Large organizations don't worship shareholders or customers, they worship the past. If it were otherwise, it wouldn't take a crisis to set a company on a new path. Gary Hamel companycrisiscustomer Change image and share on social
A noble purpose inspires sacrifice, stimulates innovation and encourages perseverance. Gary Hamel encourageinnovationinspire Change image and share on social
All too often, legacy management practices reflexively perpetuate the past - by over-weighting the views of long-tenured executives, by valuing conformance more highly than creativity and by turning tired industry nostrums into sacred truths. Gary Hamel conformancecreativityexecutive share on social
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 companycostcustomer share on social
During the ten years I lived in the U.K., I frequently attended an Anglican church just outside of London. I enjoyed the energetic singing and the thoughtful homilies. And yet, I found it easy to be a pew warmer, a consumer, a back row critic. Gary Hamel anglicanattendback share on social
Fact is, inventing an innovative business model is often mostly a matter of serendipity. Gary Hamel businessfactinnovative Change image and share on social
In a world of commoditized knowledge, the returns go to the companies who can produce non-standard knowledge. Gary Hamel commoditizecompanyknowledge Change image and share on social
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 adaptableavenuebusiness Change image and share on social
To create an organization that's adaptable and innovative, people need the freedom to challenge precedent, to 'waste' time, to go outside of channels, to experiment, to take risks and to follow their passions. Gary Hamel adaptablechallengechannel share on social
Management innovation is going to be the most enduring source of competitive advantage. There will be lots of rewards for firms in the vanguard. Gary Hamel advantagecompetitiveendure Change image and share on social