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" In a world of commoditized knowledge, the returns go to the companies who can produce non-standard knowledge. "
Gary Hamel
World
Go
Companies
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" In a well-functioning democracy, citizens have the option of voting their political masters out of office. Not so in most companies. "
Gary Hamel
Political
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" Online hierarchies are inherently dynamic. The moment someone stops adding value to the community, his influence starts to wane. "
Gary Hamel
Community
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" 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
" 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
" A noble purpose inspires sacrifice, stimulates innovation and encourages perseverance. "
Gary Hamel
Innovation
Sacrifice
Perseverance
" 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
" 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
Cost
Solution
Value
" Top-down authority structures turn employees into bootlickers, breed pointless struggles for political advantage, and discourage dissent. "
Gary Hamel
Authority
Turn
Political
" An employee who's one of hundreds, rather than one of a few, is unlikely to feel personally responsible for helping the organization adapt and change. "
Gary Hamel
Adapt
Than
Organization
" Obviously, you don't have to be religious to be moral, and beastly people are sometimes religious. "
Gary Hamel
Religious
Moral
People
" I don't know whether the universe contains any evidence of intelligent design, but I can assure you that thousands of everyday products do not. "
Gary Hamel
Universe
Design
Intelligent
" An enterprise that is constantly exploring new horizons is likely to have a competitive advantage in attracting and retaining talent. "
Gary Hamel
Exploring
Competitive
New
" 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 it's pretty much the whole game today. "
Gary Hamel
Leader
Work
Challenge
" 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
Management
Innovation
Going
" I'm a capitalist by conviction and profession. I believe the best economic system is one that rewards entrepreneurship and risk-taking, maximizes customer choice, uses markets to allocate scarce resources and minimizes the regulatory burden on business. "
Gary Hamel
Burden
Choice
Believe
" 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
" 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
Internet
Become
World
" 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
" 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
" Businesses fail when they over-invest in what is at the expense of what could be. "
Gary Hamel
Could
Businesses
Fail
" 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
Most
Focusing
Innovation
" In a democracy, you don't need anyone's permission to form a new political party, publish a politically charged article, or organize a 'tea party.' And in open markets, individuals are free to buy and invest as they see fit. "
Gary Hamel
Free
Tea
You
" Like a child star whose fame fades as the years advance, many once-innovative companies become less so as they mature. "
Gary Hamel
Like
Become
Star
" 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
" Fact is, inventing an innovative business model is often mostly a matter of serendipity. "
Gary Hamel
Matter
Fact
Business Model
" 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
Path
Company
Crisis
" Truth be told, there are lots of companies that provide exemplary phone support. DirecTV, Virgin America and Apple are a few that regularly exceed my expectations. "
Gary Hamel
Phone
Support
Truth
" The biggest barriers to strategic renewal are almost always top management's unexamined beliefs. "
Gary Hamel
Top
Always
Barriers
" 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
" 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