We welcome renowned management thinker Gary Hamel to discuss his groundbreaking work Competing for the Future. Hamel explores the essential principles of innovation, strategic foresight, and how organizations can continuously reinvent themselves to stay ahead in a rapidly evolving world.
Posted 4 months ago Tagged Adaptability Aidan McCullen Bertrand Russell Blockbuster business failure Business Strategy Business Transformation Carl Icahn Change Management Corporate Culture Corporate Rituals Digital Transformation Disruption Gary Hamel Innovation Leadership legacy business models Mental Models monarch butterflies outdated practices Peter Drucker reframe and renew The Innovation Show
In this Thursday Thought, we examine the perils of unquestioned mental models. Using the metaphor of monarch butterflies’ ancient migratory paths, we explore how businesses, like Blockbuster, can cling to outdated practices. Learn why it’s essential to challenge ingrained patterns, adapt to new realities, and foster innovation in a rapidly changing world.