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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
Company
Cost
Customer
Ecosystem
Final
How
Industry
Integrated
Matter
Matters
Much
Nor
Producing
Product
Relative
Share
Solution
Value
Where
Your
design
copy
It's important to remember that innovators in business don't always get a platform.
~ Gary Hamel
Always
Business
Get
Important
Innovators
Platform
Remember
design
copy
It's not just that individuals have lost faith in the integrity of their leaders, it's that they no longer believe society's most powerful institutions are acting in their interests.
~ Gary Hamel
Acting
Believe
Faith
Individuals
Institutions
Integrity
Interests
Just
Leaders
Longer
Lost
Most
Most Powerful
Powerful
Society
design
copy
It's not unusual for a would-be entrepreneur to get turned down half a dozen times before finding a willing investor - yet in most companies, it takes only one 'nyet' to kill a project stone dead.
~ Gary Hamel
Before
Companies
Dead
Down
Dozen
Entrepreneur
Finding
Get
Half
Investor
Most
Only
Project
Stone
Takes
Times
Turned
Unusual
Willing
Would-Be
design
copy
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
Company
Crisis
Customers
Large
New
Organizations
Otherwise
Past
Path
Set
Shareholders
Take
Were
Worship
design
copy
Like a child star whose fame fades as the years advance, many once-innovative companies become less so as they mature.
~ Gary Hamel
Advance
Become
Child
Companies
Fades
Fame
Less
Like
Many
Mature
Star
Whose
Years
design
copy
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
Advantage
Competitive
Competitive Advantage
Enduring
Going
Innovation
Lots
Management
Most
Rewards
Source
Vanguard
Will
design
copy
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
Billions
Companies
Focusing
Innovate
Innovation
Luxury
Most
Out
Processing
Transactions
While
design
copy
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
Again
Almost
Ancestors
Ease
Here
Innovation
Live
Lives
More
Most
Our
Point
Than
Thank
Unimaginable
Us
Vantage
Vantage Point
design
copy
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
Against
Customer
Dismal
Economy
Guarantee
Important
Innovation
Insurance
Long-Term
Loyalty
Most
Only
Strategy
Understand
Us
design
copy
Obviously, you don't have to be religious to be moral, and beastly people are sometimes religious.
~ Gary Hamel
Moral
Obviously
People
Religious
Sometimes
You
design
copy
Online hierarchies are inherently dynamic. The moment someone stops adding value to the community, his influence starts to wane.
~ Gary Hamel
Adding
Community
Dynamic
His
Influence
Inherently
Moment
Online
Someone
Starts
Stops
Value
design
copy
Over the centuries, religion has become institutionalized, and in the process encrusted with elaborate hierarchies, top-heavy bureaucracies, highly specialized roles and reflexive routines.
~ Gary Hamel
Become
Centuries
Elaborate
Highly
Over
Process
Religion
Roles
Routines
Specialized
design
copy
Over time, a successful company will acquire much in the way of resources and momentum, and these things often insulate it from reality once it has stopped being successful.
~ Gary Hamel
Acquire
Being
Company
Momentum
Much
Often
Once
Over
Reality
Resources
Stopped
Successful
Things
Time
Way
Will
design
copy
Power has long been regarded as morally corrosive, and we often suspect the intentions of those who seek it.
~ Gary Hamel
Been
Corrosive
Intentions
Long
Morally
Often
Power
Regarded
Seek
Suspect
Those
Who
design
copy
Remarkable contributions are typically spawned by a passionate commitment to transcendent values such as beauty, truth, wisdom, justice, charity, fidelity, joy, courage and honor.
~ Gary Hamel
Beauty
Charity
Commitment
Contributions
Courage
Fidelity
Honor
Joy
Justice
Passionate
Remarkable
Transcendent
Truth
Values
Wisdom
design
copy
The biggest barriers to strategic renewal are almost always top management's unexamined beliefs.
~ Gary Hamel
Almost
Always
Barriers
Beliefs
Biggest
Management
Renewal
Strategic
Top
design
copy
The fact is, society is made more hospitable by every individual who acts as if 'do unto others' really was a rule.
~ Gary Hamel
Acts
Do Unto Others
Every
Fact
Individual
Made
More
Others
Really
Rule
Society
Unto
Who
design
copy
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.
~ Gary Hamel
Against
Authority
Blanket
CEO
Cold
Companies
Decisions
Disenfranchised
Egocentric
Employee
Employees
Engagement
Even
Lack
Most
Only
Policy
Policy Decisions
Power
Real
Rebel
Tyrannical
design
copy
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
Adaptable
Challenge
Channels
Create
Experiment
Follow
Freedom
Go
Innovative
Need
Organization
Outside
Passions
People
Precedent
Risks
Take
Time
Waste
Waste Time
design
copy
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