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" 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
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" 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
" Online hierarchies are inherently dynamic. The moment someone stops adding value to the community, his influence starts to wane. "
Gary Hamel
Community
Value
Moment
" A noble purpose inspires sacrifice, stimulates innovation and encourages perseverance. "
Gary Hamel
Innovation
Sacrifice
Perseverance
" 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
" 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
Risks
Challenge
Freedom
" We owe our existence to innovation. Our species exists thanks to four billion years of genetic innovation. "
Gary Hamel
Existence
Innovation
Thanks
" 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
" 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
" 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
" 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
" 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
" 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
" Obviously, you don't have to be religious to be moral, and beastly people are sometimes religious. "
Gary Hamel
Religious
Moral
People
" You can't build an adaptable organization without adaptable people - and individuals change only when they have to, or when they want to. "
Gary Hamel
Change
Build
You
" 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
Decisions
Authority
Power
" 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
" 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
" 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
" 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
" As the great grandchildren of the industrial revolution, we have learned, at last, that the heedless pursuit of more is unsustainable and, ultimately, unfulfilling. Our planet, our security, our sense of equanimity and our very souls demand something better, something different. "
Gary Hamel
Great
Better
Revolution
" 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
" At the pinnacle of great design are products so gorgeous and lust-worthy that you want to lick them: a Porsche 911, Samsung's Luxia TV, an Eames lounge chair or anything by Loro Piana. "
Gary Hamel
Chair
Want
You
" If organized religion has become less relevant, it's not because churches have held fast to their creedal beliefs - it's because they've held fast to their conventional structures, programs, roles and routines. "
Gary Hamel
Organized
Become
Fast
" 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
" 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
" Fact is, inventing an innovative business model is often mostly a matter of serendipity. "
Gary Hamel
Matter
Fact
Business Model
" 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
" It's important to remember that innovators in business don't always get a platform. "
Gary Hamel
Remember
Important
Business