Leading the Revolution by Gary Hamel Summary Slides

Leading the Revolution by Gary Hamel Summary Slides 1

Leading the Revolution Key points from Leading the Revolution : • The age of incremental change is over; the age of revolution has begun. Companies that evolve slowly in this new environment is already on its way to extinction • Business concept innovation - the capacity to imagine dramatically different business concepts or dramatically new ways of differentiating existing business concepts - will be the defining competitive advantage in the age of revolution. • Activists are leading insurrections within companies struggling to adapt an old business model to someone else’ business concept innovation • Companies can reshape themselves into perpetually innovative organizations by continually engaging in a cycle of idea generation, experiments, assessments, and implementations 2 Source : Hamel, Gary. Leading the Revolution. Executive Book Summaries. 2000.

Leading the Revolution : Major Components of a Business Model 3 Source : Hamel, Gary. Leading the Revolution. Executive Book Summaries. 2000.

Leading the Revolution : Major Components of a Business Model <cont’d> 4 Source : Hamel, Gary. Leading the Revolution. Executive Book Summaries. 2000.

Leading the Revolution : Bridging the Major Components of a Business Model 5 Source : Hamel, Gary. Leading the Revolution. Executive Book Summaries. 2000.

Leading the Revolution : Determining Factors for Wealth Potential 6 Source : Hamel, Gary. Leading the Revolution. Executive Book Summaries. 2000.

Leading the Revolution : How to Start an Insurrection 7 Source : Hamel, Gary. Leading the Revolution. Executive Book Summaries. 2000.

Leading the Revolution : Ten Design Rules for Innovation 8 Source : Hamel, Gary. Leading the Revolution. Executive Book Summaries. 2000.

Leading the Revolution : Other Considerations Alongside the 10 design rules & principles for innovation, the following traits are equally important for a revolutionizing organization : 9 Source : Hamel, Gary. Leading the Revolution. Executive Book Summaries. 2000.

Leading the Revolution : The Wheel of Innovation Since innovation is a dynamic process, it is constantly kept in motion with : • Imagining new possibilities • Designing coherent business models around those ideas • Experimentation (on a small scale) that tests the viability of business concepts, creating the basis for adapting those concepts • Assessment of what is learned through the experimentation • Scaling up if the results are sound; going through another experiment cycle if more assessment must be done 10 Source : Hamel, Gary. Leading the Revolution. Executive Book Summaries. 2000.