Tuesday, June 02, 2009

Gary Hamel Viewpoint

Why Good Companies Go Bad
http://blogs.wsj.com/management/2009/06/01/gm-why-good-companies-go-bad

Useful link:
www.garyhamel.com

Fact is, most businesses were never built to change—they were built to do one thing exceedingly well and highly efficiently—forever. That’s why entire industries can get caught out by change—industries like big pharma, publishing, recorded music and the major U.S. airlines. In a world where change is shaken rather than stirred, the only way a company can renew its lease on success is by reinventing itself root and branch, before it has to—a feat that even the smartest companies have trouble pulling off.
- Gary Hamel

How true! Thank you for the insightful article.

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