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Business Quote by Gary Hamel

“Fact is, inventing an innovative business model is often mostly a matter of serendipity.” quote by Gary Hamel
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“Fact is, inventing an innovative business model is often mostly a matter of serendipity.”

Gary Hamel

About This Quote

Source Book: Competing for the Future, Gary Hamel & C. K. Prahalad, 1994

Successful new business models often arise from unexpected chance encounters and insights rather than solely from systematic planning.

In simple terms: Innovation often depends on lucky discoveries.

Key Takeaway

Embrace randomness and stay open to unexpected ideas.

Themes

innovation serendipity business strategy creativity

Mood

optimistic curious

Type

strategic inspirational

When to use this quote

  • startup brainstorming
  • R&D meetings
  • industry conferences
  • cross‑disciplinary collaborations

Key Concepts

disruptive innovation opportunity recognition network effects

Questions to Reflect On

  • How can you create environments that increase chance encounters?
  • What safeguards ensure ideas are viable before implementation?
A Different Perspective

Relying on serendipity can overlook disciplined research and market validation.

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