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Gary Hamel: managing while under the influence of innovation

Strategy & Leadership

ISSN: 1087-8572

Article publication date: 31 August 2012

1258

Abstract

Purpose

This paper aims to present an interview with Gary Hamel asking an existential question that all long‐established firms need to face: “Is there an effective competitive response to counter innovation by startups, and if so, what is it?”.

Design/methodology/approach

The paper presents Hamel's evaluation of current alternatives to dealing with the issue.

Findings

The paper concludes that the most reliable survival strategy is continuous innovation, which requires radical management innovation.

Practical implications

Hamel concludes that most large organizations must make fundamental changes in the way they are managed, if they wish to survive. One key step: enable first‐level and second‐level employees to obtain small amounts of experimental capital or time to work on something that's new.

Originality/value

Hamel warns that fewer than one company out of 100 has made innovation part of every employee's job or trained every employee to be an innovator, but doing so is a matter of survival.

Keywords

Citation

Denning, S. (2012), "Gary Hamel: managing while under the influence of innovation", Strategy & Leadership, Vol. 40 No. 5, pp. 12-18. https://doi.org/10.1108/10878571211257131

Publisher

:

Emerald Group Publishing Limited

Copyright © 2012, Emerald Group Publishing Limited

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