The Innovation Show
Gary Hamel - Competing For The Future Part 2
Feb 21, 2025
Gary Hamel, a leading expert in business strategy and management, returns to discuss the pivotal role of foresight in driving innovation. He emphasizes the dangers of clinging to past successes and highlights the need for organizations to recognize emerging trends. Gary shares valuable lessons from historical failures like Kodak and IBM, advocating for integrating innovation at all levels and leveraging resources effectively. He also urges leaders to foster curiosity to adapt in a rapidly changing landscape, drawing on insights from guerrilla warfare and agile methodologies.
01:11:06
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Quick takeaways
- Foresight is crucial for organizations to identify emerging trends and prepare for potential opportunities beyond their current operations.
- Cultural challenges can suppress open dialogue about issues, making it essential for leaders to encourage feedback to stay agile.
Deep dives
The Importance of Foresight
Foresight plays a critical role in guiding organizations toward potential future opportunities. Many companies struggle because they are often trapped by their past successes and fail to see beyond their immediate operations. To embrace change, leaders must foster a sense of possibility alongside a realistic understanding of challenges. By cultivating this foresight and recognizing emerging trends, organizations can avoid being caught off guard by industry shifts and position themselves strategically for the future.
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