Friday, November 04, 2005

Quotes # 1

Building a deep capacity for strategy innovation requires a company to imbue its employees with new passions, as well as new skills. It requires a never-ending effort to engage and capture the imagination of every single individual. It requires that top management surrender its monopoly on setting strategic direction. It requires a relentless quest to bring profoundly new benefits to customers. It requires allegiance to new financial measures that focus attention on the challenge of creating new wealth. It requires a relentless search for new business concepts. It requires the total absence of nostalgia for old business concepts. It requires a relentless attack on anything that inhibits innovation. It requires that companies encourage and celebrate activism at all levels. It requires companies to create vibrant internal markets for innovation, capital and talent. “Gary Hamel”