Challenges Quote by Gary Hamel
“Competition for the future is competition to create and dominate emerging opportunities-to stake out new competitive space. Creating the future is more challenging than playing catch up, in that you have to create your own roadmap.”
About This Quote
Source Speech: Business Strategy Forum, Gary Hamel, 2012
Creating the future requires proactive innovation and defining new markets, rather than merely reacting to competitors.
In simple terms: Innovation beats reacting to rivals.
Lead by shaping new opportunities.
Themes
Mood
Type
When to use this quote
- product development
- business planning
- industry analysis
- entrepreneurial ventures
Key Concepts
Questions to Reflect On
- What emerging opportunity can you claim?
- How will you allocate resources to pioneer a new market?
Innovation can be risky and resource‑intensive.