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Gary Hamel Quotes about Innovation

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Innovation is the fuel for growth. When a company runs out of innovation, it runs out of growth.

Innovation is the fuel for growth. When a company runs out of innovation, it runs out of growth.

Gary Hamel
Running, Innovation, Growth

Innovation is the only insurance against irrelevance.

Gary Hamel
Irrelevance, Innovation

The single biggest reason companies fail is they overinvest in what is, as opposed to what might be.

Gary Hamel
Change, Innovation, Might

We owe our existence to innovation. Our species exists thanks to four billion years of genetic innovation.

Gary Hamel
Creativity, Years, Innovation
Gary Hamel (2012). “What Matters Now: How to Win in a World of Relentless Change, Ferocious Competition, and Unstoppable Innovation”, p.53, John Wiley & Sons

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
Innovation, Rewards, Management
"The Magic of Middle Management" by Luise Meyer, www.huffingtonpost.com. June 3, 2014.

We've reached the end of incrementalism. Only those companies that are capable of creating industry revolutions will prosper in the new economy.

Gary Hamel
Creating, Innovation, Growth

In an increasingly non-linear economy, incremental change is not enough-you have to build a capacity for strategy innovation, one that increases your ability to recognize new opportunities.

Gary Hamel
Opportunity, Innovation, Strategy

Alan Kay's famous aphorism is that perspective is worth 80 IQ points. An innovative insight is not the product of an individual's brilliance. It's not as if innovators' heads are wired in different ways. Innovation typically comes from looking at the world through a slightly different lens.

Gary Hamel
Perspective, Innovation, Different

**New business concepts are always, always the product of lucky foresight.** That's right - the essential insight doesn't come out of any dirigiste planning process; it comes form some cocktail of happenstance, desire, curiosity, ambition and need. But at the end of the day, there has to be a degree of foresight -- a sense of where new riches lie. So radical innovation is always one part fortuity and one part clearheaded vision. [first-line bold by author] [2002] p.23

Gary Hamel
Lying, Ambition, Innovation

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
Live Life, Innovation, Ease
Gary Hamel (2012). “What Matters Now: How to Win in a World of Relentless Change, Ferocious Competition, and Unstoppable Innovation”, p.54, John Wiley & Sons

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
Luxury, Innovation, Company

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