... all too often, a successful new business model becomes the business model for companies not creative enough to invent their own.
[2002] p.46
Tags: strategy creativity business
Resilience is based on the ability to embrace the extremes -- while no becoming an extremist. ... **Most companies don't do paradox very well.**
(emphasis by author)
[2002] p.25f
Tags: paradox strategy business
**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
Tags: strategy creativity business
If customer ignorance is a profit centre for you, you're in trouble.
Gary HamelThere's a simple, but oft-neglected lesson here: to sustain success, you have to be willing to abandon things that are no longer successful.
Gary HamelPage 1 of 1.
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