Saturday, October 17, 2009

RAPID RECAP: ARE YOU REVOLUTION-READY?

In his book, 'Leading the Revolution: How to Thrive in Turbulent Times by Making Innovation a Way of Life', strategy guru Gary Hamel shares some ideas about how to re-tool & re-skill yourself in an age of revolution:

- understand the role of industry revolutionary plays wealth creation;

- know how to calculate the decay rate of current business models;

- know how to identify & deconstruct industry & company orthodoxies;


- adept at inventing new business concepts & reinventing old ones;

- able to distill proprietary foresight out of an ocean of information on discontinuities;

- feel personally responsible for business concept innovation;

- understand the principle of activism & know how to launch a grass-root innovation campaign;

- know how to build a low-cost experiment to test a radical new idea;

- working to apply the design rules for innovation to your part of the company;

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