Business Quote by Gary Hamel
“Large organizations don't worship shareholders or customers, they worship the past. If it were otherwise, it wouldn't take a crisis to set a company on a new path.”
About This Quote
Source Book: Competing for the Future, Gary Hamel & C.K. Prahalad, 1994
Organizations cling to legacy practices, needing crises to force new directions.
In simple terms: Companies cling to the past and need crises to change.
Embrace change before a crisis forces it.
Themes
Mood
Type
When to use this quote
- Corporate restructuring
- digital transformation
- market disruption
- leadership transitions
Key Concepts
Questions to Reflect On
- What legacy practices hold your organization back?
- How can you proactively innovate?
Resistance to change can be entrenched despite external pressures.