“If a top management team cannot clearly articulate the five or six fundamental industry trends that most threaten its firm's continued success, it is not in control of the firm's destiny.”

—  Gary Hamel

Source: Competing for the Future, 1996, p. 73

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "If a top management team cannot clearly articulate the five or six fundamental industry trends that most threaten its f…" by Gary Hamel?
Gary Hamel photo
Gary Hamel14
American management expert 1954

Related quotes

Ella Wheeler Wilcox photo

“There is no chance, no destiny, no fate,
Can circumvent or hinder or control
The firm resolve of a determined soul.”

Ella Wheeler Wilcox (1850–1919) American author and poet

"Will," included in Maurine: And Other Poems, p. 145 (1888). Often quoted by Nigerian drummer Babatunde Olatunji.
Poetry quotes, New Thought Pastels (1913)
Context: There is no chance, no destiny, no fate,
Can circumvent or hinder or control
The firm resolve of a determined soul.
Gifts count for nothing; will alone is great;
All things give way before it soon or late.
What obstacle can stay the mighty force
Of the sea seeking river in its course,
Or cause the ascending orb of day to wait?

Shona Brown photo
Clayton M. Christensen photo

“We contest the conclusions of scholars such as Tushman and Anderson (1986), who have argued that incumbent firms are most threatened by attacking entrants when the innovation in question destroys, or does not build upon, the competence of the firm. We observe that established firms, though often at great cost, have led their industries in developing critical competence-destroying technologies, when the new technology was needed to meet existing customers’ demands.”

Clayton M. Christensen (1952–2020) Mormon academic

Clayton Christensen and Joseph L. Bower. (1996) "Customer power, strategic investment, and the failure of leading firms", Strategic Management Journal, Vol. 17(3), pp. 199 as cited in: C.G. Sandström (2010) A revised perspective on Disruptive Innovation p. 8
1990s

Michael E. Porter photo

“All large organizations have an internal power struggle over the goals and resources of the organization…. In the largest firms, there are two bases of control : formal ownership and authority. Those who own the firm control by virtue of ownership. Authority relations embedded in the organizational structure legitimate how managers can control organizations.”

Neil Fligstein (1951) American sociologist

Source: The transformation of corporate control, 1993, p. 10 ; As cited in: François L'Italien, BÉHÉMOTH CAPITAL. Contribution à une théorie dialectique de la financiarisation de la grande corporation. Université Laval, 2012. p. 147 (Many of the following quotes came from this source)

Related topics