I’m a capitalist by conviction and profession. I believe the best economic system is one that rewards entrepreneurship and risk-taking, maximizes customer choice, uses markets to allocate scarce resources and minimizes the regulatory burden on business.

— Gary Hamel

Gary Hamel Quotes

I don’t know whether the universe contains any evidence of intelligent design, but I can assure you that thousands of everyday products do not.

— Gary Hamel

Taking risks, breaking the rules, and being a maverick have always been important but today they are more crucial than ever.

— Gary Hamel

In a well-functioning democracy, citizens have the option of voting their political masters out of office. Not so in most companies.

— Gary Hamel

In a world of commoditized knowledge, the returns go to the companies who can produce non-standard knowledge.

— Gary Hamel

The problem is not one of prediction. It is one of imagination.

— Gary Hamel

What matters in the new economy is not return on investment, but return on imagination.

— Gary Hamel

Dakota 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

All of us are prisoners, to one degree or another, of our experience.

— Gary Hamel

There’s no such thing as “sustaining” leadership; it must be reinvented again and again.

— Gary Hamel

To discover the future it is not necessary to be a seer, but it is absolutely vital to be unorthodox.

— Gary Hamel

Our species exists thanks to four billion years of genetic innovation.

— Gary Hamel

Executives often wrongly equate “good value” with “low price.” Instead, “good value” should mean outstanding value for the price.

— Gary Hamel

We don’t know where we’re going, but we’re not going to stray from familiar paths.

— Gary Hamel

A good strategy with a bad implementation is a bad strategy.

— Gary Hamel

Because competence-building represents more cumulative learning than great leaps of inventiveness, it is difficult to “time compress” competence-building.

— Gary Hamel

In our company the trick is to change jobs in time to guarantee that the long-term pay-off you promised four years ago in your capital budget proposal becomes someone else’s short-term performance target.

— Gary Hamel

Every institution is an assemblage of choices about how best to organize human beings in light of some particular goal. The premise of this book is that most of these choices can and must be revisited.

— Gary Hamel

In a survey we conducted for Harvard Business Review, 63 percent of respondents listed the reluctance of leaders to surrender power as a significant barrier to reducing bureaucracy.

— Gary Hamel

Initiative, creativity, and valor can’t be commanded.

— Gary Hamel

There’s no secret about what drives engagement. From Douglas McGregor’s The Human Side of Enterprise to Dan Pink’s Drive, the formula hasn’t changed in sixty years: purpose, autonomy, collegiality, and the opportunity to grow.

— Gary Hamel
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