Like a child star whose fame fades as the years advance, many once-innovative companies become less so as they mature.
Gary HamelThere is no way to create wealth without ideas. Most new ideas are created by newcomers. So anyone who thinks the world is safe for incumbents is dead wrong.
Gary HamelThe only thing that can be safely predicted is that sometime soon your organization will be challenged to change in ways for which it has no precedent.
Gary HamelDakota tribal wisdom says that when you're on a dead horse, the best strategy is to dismount. Of course, there are other strategies. You can change riders. You can get a committee to study the dead horse. You can benchmark how other companies ride dead horses. You can declare that it's cheaper to feed a dead horse. You can harness several dead horses together. But after you've tried all these things, you're still going to have to dismount.
Gary Hamel