Business Quote by Gary Hamel
“Like a child star whose fame fades as the years advance, many once-innovative companies become less so as they mature.”
About This Quote
Source Book: The End of Competitive Advantage, 2000
Companies often lose innovative edge as they age and become complacent
In simple terms: Maturity can dull creativity
Foster continual renewal in organizations
Themes
Mood
Type
When to use this quote
- product development
- strategic pivots
- leadership training
Key Concepts
Questions to Reflect On
- What practices keep a firm innovative?
- How to balance stability with disruption?
Change resistance can stall revitalization efforts