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" Businesses fail when they over-invest in what is at the expense of what could be. "
Gary Hamel
Could
Businesses
Fail
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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. "
Gary Hamel
Others
Authority
Leader
" Obviously, you don't have to be religious to be moral, and beastly people are sometimes religious. "
Gary Hamel
Religious
Moral
People
" While one should never underestimate the ability of risk-besotted financiers to wreak havoc, the real threat to capitalism isn't unfettered financial cunning. It is, instead, the unwillingness of executives to confront the changing expectations of their stakeholders. "
Gary Hamel
Capitalism
Financial
Expectations
" 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
Faith
Powerful
Integrity
" I'm not one of those professors whose office is encased floor-to-ceiling with books. By the way, I think academics do this to intimidate their visitors. "
Gary Hamel
Office
Think
Way
" 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
Past
Tired
Creativity
" 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
Roles
Religion
Process
" Top-down authority structures turn employees into bootlickers, breed pointless struggles for political advantage, and discourage dissent. "
Gary Hamel
Authority
Turn
Political
" 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
Singing
Back
Easy
" 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
Justice
Courage
Wisdom
" A well-conceived product excels at what it does. It's close to being functionally flawless - like a Ziploc bag, a radio from Tivoli Audio, a Philips Sonicare toothbrush, a Nespresso coffee maker or Google's home page. "
Gary Hamel
Home
Radio
Bag
" In most companies, the formal hierarchy is a matter of public record - it's easy to discover who's in charge of what. By contrast, natural leaders don't appear on any organization chart. "
Gary Hamel
Matter
Easy
Natural
" A noble purpose inspires sacrifice, stimulates innovation and encourages perseverance. "
Gary Hamel
Innovation
Sacrifice
Perseverance
" Online hierarchies are inherently dynamic. The moment someone stops adding value to the community, his influence starts to wane. "
Gary Hamel
Community
Value
Moment
" I was frustrated for a long time with my colleagues in the business school world and with so many management authors who didn't really see themselves as innovators. They were glorified journalists. "
Gary Hamel
Time
School
Management
" The fact is, society is made more hospitable by every individual who acts as if 'do unto others' really was a rule. "
Gary Hamel
Others
Fact
Individual
" When a politician bends the truth or a CEO breaks a promise, trust takes a beating. "
Gary Hamel
Trust
Promise
Truth
" To escape the curse of commoditization, a company has to be a game-changer, and that requires employees who are proactive, inventive and zealous. "
Gary Hamel
Proactive
Employees
Company
" Trust is not simply a matter of truthfulness, or even constancy. It is also a matter of amity and goodwill. We trust those who have our best interests at heart, and mistrust those who seem deaf to our concerns. "
Gary Hamel
Matter
Trust
Seem
" 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
Opportunities
Company
Business
" In an ideal world, an individual's institutional power would be correlated perfectly with his or her value-add. In practice, this is seldom the case. "
Gary Hamel
Practice
Power
Individual
" 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
Important
Strategy
Loyalty
" The biggest barriers to strategic renewal are almost always top management's unexamined beliefs. "
Gary Hamel
Top
Always
Barriers
" 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
Moral
Heart
Duty
" As human beings, we are the genetic elite, the sentient, contemplating and innovating sum of countless genetic accidents and transcription errors. "
Gary Hamel
Accidents
Elite
Errors
" As human beings, we are the only organisms that create for the sheer stupid pleasure of doing so. Whether it's laying out a garden, composing a new tune on the piano, writing a bit of poetry, manipulating a digital photo, redecorating a room, or inventing a new chili recipe - we are happiest when we are creating. "
Gary Hamel
Stupid
Create
Doing
" 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
Here
Ancestors
Innovation
" In most organizations, change comes in only two flavors: trivial and traumatic. Review the history of the average organization and you'll discover long periods of incremental fiddling punctuated by occasional bouts of frantic, crisis-driven change. "
Gary Hamel
Organization
You
Long
" 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
Insurance
Accomplishment
More
" In a world of commoditized knowledge, the returns go to the companies who can produce non-standard knowledge. "
Gary Hamel
World
Go
Companies