Quote of the Day – on the need for radical innovation

“The message is clear: If you’re an established company in a “mature” industry, it’s impossible to significantly grow the top line in the absence of radical innovation.” Gary Hamel     **Share the Magazine with your executive colleagues and friends! Follow the Magazine: https://businessleadershipmanagement.wordpress.com/subscribe-follow-the-magazine/ (After you have filled in your email address in the column at the right hand side of the screen, a confirmation email will sent to your email address. You will have to confirm it before subscription begins) Follow us on Twitter: https://twitter.com/BusinessLeaders Like us on Facebook: https://www.facebook.com/BusinessLeadershipManagement **As part of the Magazine’s drive to reward subscribers/followers, … Continue reading Quote of the Day – on the need for radical innovation

Quote of the Day – on nonlinear ideas

“In a nonlinear world, only nonlinear ideas will create new wealth. Most companies have reached the point of diminishing returns in their incremental improvement programs. Continuous improvement is an industrial-age concept, and while it is better than no improvement at all, it is insufficient in the age of revolution.” Gary Hamel       Related Quotes Quote of the Day: Gary Hamel on the the dot-com age of revolution (businessleadershipmanagement.wordpress.com) Continue reading Quote of the Day – on nonlinear ideas

Quote of the Day – on business threats

“Somewhere out there is a bullet with your company’s name on it. That bullet may be a company that’s eager to exploit a disruptive technology, it may be an impending shift in customer preferences, a demographic change, a lifestyle trend or a regulatory upheaval that will render your strategy obsolete. You can’t dodge these bullets—you’re going to have to shoot first. You’re going to have to out-innovate the innovators.” Gary Hamel Related Quotes: Quote of the Day: Gary Hamel on the the dot-com age of revolution (businessleadershipmanagement.wordpress.com) Continue reading Quote of the Day – on business threats

Quote of the Day – on rapid obsolescence

“When Bill Gates says, “Microsoft is always two years away from failure,” he’s not defending himself yet again from the charge of being a monopolist. Gates understands the competitive reality of the new age. He knows that it’s not only product life cycles that are shrinking; strategy life cycles are getting shorter, too. An almost stupefying pace of change ensures that any business concept, no matter how brilliant, will, over time, lose its economic efficiency” Gary Hamel   **Share the Magazine with your executive colleagues and friends! Follow the Magazine: https://businessleadershipmanagement.wordpress.com/subscribe-follow-the-magazine/ (After you have filled in your email address in … Continue reading Quote of the Day – on rapid obsolescence

Quote of the Day – on the power of executing imagination

“The gap between what can be imagined and what can be accomplished has never been smaller. We have not so much reached the end of history (as Francis Fukuyama claimed) as we have developed the capacity to interrupt history— to escape the linear extrapolation of what was. Our heritage is no longer our destiny. Today we are limited not by our tools, but by our imagination.” Gary Hamel Related Quotes: Quote of the Day: Gary Hamel on the the dot-com age of revolution (businessleadershipmanagement.wordpress.com) Continue reading Quote of the Day – on the power of executing imagination

Quote of the Day – on the speed of business competition

“How unexpected that eBay acquired the third largest auction house in the United States, Butterfield & Butterfield. How surprising that Vodafone, still in its teens, bought Mannesmann, one of Germany’s oldest and proudest companies. How weird that AOL’s leadership team would end up in control of a postmerger AOL Time Warner. The barbarians are banging on the gate—and if you’re not careful, they’ll be eating off your best china. This is the old guard versus the vanguard. The power of incumbency versus the power of imagination.” Gary Hamel Related articles Quote of the Day: Gary Hamel on the the dot-com … Continue reading Quote of the Day – on the speed of business competition