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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.” quote by Gary Hamel
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“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.”

Gary Hamel

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.

Key Takeaway

Embrace change before a crisis forces it.

Themes

change management legacy crisis innovation leadership

Mood

reflective critical strategic

Type

adilosophical inspirational

When to use this quote

  • Corporate restructuring
  • digital transformation
  • market disruption
  • leadership transitions

Key Concepts

Organizational inertia strategic renewal risk perception

Questions to Reflect On

  • What legacy practices hold your organization back?
  • How can you proactively innovate?
A Different Perspective

Resistance to change can be entrenched despite external pressures.

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