Leading the Revolution (Review and Analysis of Hamel's Book)
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About this ebook
This complete summary of the ideas from Gary Hamel's book "Leading the Revolution" shows how, in today's economy, sustainable competitive advantage is derived from just one source - the ability to develop innovative and radical new business concepts. In his book, Gary Hamel explains how successful companies reinvent themselves, attracting new customers as well as retaining the old ones. According to the author, flexibility should be at the heart of every organisation, and you should always have a portfolio of ideas. This summary provides the reader with a blueprint for how to integrate this strategic vision.
Added-value of this summary:
• Save time
• Understand key concepts
• Expand your business knowledge
To learn more, read "Leading the Revolution" and be inspired by this practical and strategic guide on becoming the best organisation you can be.
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Leading the Revolution (Review and Analysis of Hamel's Book) - BusinessNews Publishing
Book Presentation: Leading the Revolution by Gary Hamel1
Book Abstract
About the Author
Important Note About This Ebook
Summary of Leading the Revolution (Gary Hamel)4
Book Abstract
MAIN IDEA
To succeed, a business has to reinvent itself again and again – otherwise, it becomes commercially irrelevant.
In fact, in the new economy, sustainable competitive advantage is derived from just one source – the ability to develop innovative and radical new business concepts that revolutionize industries. The companies that manage to reinvent themselves and the way they do business regularly always prosper and grow – usually at the expense of less flexible competitors.
Therefore, tune your organization to become adept at developing and growing radical new business concepts. You want to have a portfolio of new business concepts in various stages of development at any one time. To achieve that, innovation must become both a capability and a process within the organization. And that will only happen if everyone in the organization understands:
Radical and bold new innovations are needed, not incremental improvements on what worked in the past.
The future will be exploited by dramatically different business models.
Everyone in every level of the organization can be an activist, driving innovation forward.
Bold, radical new business concepts follow established, well defined design rules everyone should know.
In total, the fundamental challenge of business is to be continually reinventing the organization and the industries it serves. It really comes down to a very simple maxim – Develop revolutionary new business concepts and models, or die. That’s the real competitive advantage of the new millennium.
About the Author
GARY