A Quote by Gary Hamel

The best innovations - both socially and economically - come from the pursuit of ideals that are noble and timeless: joy, wisdom, beauty, truth, equality, community, sustainability and, most of all, love. These are the things we live for, and the innovations that really make a difference are the ones that are life-enhancing. And that’s why the heart of innovation is a desire to re-enchant the world.
It's very dangerous to invent something in our times; ostentatious men of the other world, who are hostile to innovations, roam about angrily. To live in peace, one has to stay away from innovations and new ideas. Innovations, like trees, attract the most destructive lightnings to themselves.
The reason why it is so difficult for existing firms to capitalize on disruptive innovations is that their processes and their business model that make them good at the existing business actually make them bad at competing for the disruption. Companies in fact are specifically organized to under-invest in disruptive innovations! This is one reason why we often suggest that companies set up separate teams or groups to commercialize disruptive innovations. When disruptive innovations have to fight with other innovations for resources, they tend to lose out.
There are three types of innovations that affect jobs and capital: empowering innovations, sustaining innovations and efficiency innovations.
Companies, in fact, are specifically organized to under-invest in disruptive innovations! This is one reason why we often suggest that companies set up separate teams or groups to commercialize disruptive innovations. When disruptive innovations have to fight with other innovations for resources, they tend to lose out.
If you look at the history of innovation, the innovations coming through the defence department have been some of the most important innovations ever. Little things like drones, sensors, and the Internet of Things are defence-type initiatives, but the big one is the Internet itself.
Sustaining innovation is the lifeblood of any enterprise. It is the time when we capitalize upon, and recover from, all the disruptive change prior. Most of the operating profits in the world come from sustaining innovation. Much of the market capitalization gains, on the other hand, come from disruptive innovations.
..the real world's all we've got. Believers in the supernatural claim to have special wisdom about the world. But real wisdom means knowing truth from falsehood, knowing the difference between evidence and wishful thinking. Yes, the real world is mysterious and sometimes frightening. But would the supernatural make it better? The real world has beauty, poetry, love and the joy of honest discovery. Isn't that enough?
By definition, the Singularity means that machines would be smarter than us, and, in their wisdom, they can innovate new technologies. The innovations would come so quickly, and increasingly quickly, that the innovation would make Moore's Law seem as antiquated as Hammurabi's Code.
Tech innovation is something societies have to pursue as vigorously as they can. We have to innovate civically and socially at the same rate; otherwise, you create unfortunate disruptions, and that's where you have people opposing technological innovations.
Efficiency innovations provide return on investment in 12-18 months. Empowering innovations take 5-10 years to yield a return. We have ample capital - oceans of capital - that is being reinvested into efficiency innovation.
Innovation is what America does best. Whether it is the Apollo Project to the moon, developing the most advanced defense technologies available, the rise of the Internet or the latest advancements in biomedical gene therapies, our nation leads the world in transformative innovations.
If a company truly wants to resolve the innovator's dilemma, it does need to be able to create wave after wave of disruptive innovation. And those disruptive innovations will typically grow to the point where they do cause some pain for leading companies. But most disruptive innovations create substantial new growth before they cause that pain.
We love serious technology innovations, and there is a strong bias towards large technology innovations that are sort of disruptive to the current market.
I think that we are right now - the society - is living in the Facebook era and the political system is still in the 19th century prior to the Industrial era. Why for God's sake do you need to be socially liberal and economically conservative? Or to be economically market-oriented but at the same time socially, extremely conservative? Why can't you be free in both dimensions?
Wherever I am in the world I want to be creating new projects and innovations, which are exciting and make a difference to communities.
Disruptive innovations create jobs, efficiency innovations destroy them.
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