What Matters Now

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What Matters Now is Gary Hamel’s impassioned plea to rethink the fundamental assumptions we have about management, the meaning of work, and organizational life. Values: With trust in large organizations at an all time low, there is an urgent need to rebuild the ethical foun- dations of capitalism. What’s required is nothing less than a moral renaissance in business. Innovation: Innovation is the only defense against margin-crushing competition, and the only way to outgrow a dismal economy. In too many companies, innovation is still a buzzword, rather than the responsi- bility of every single individual. This must change. Adaptability: In a world of accelerating change, every company must build an evolutionary advantage. The forces of inertia must be vanquished. The ultimate prize: an organization that is as nimble as change itself. Passion: In business as in life the difference between “insipid” and “inspired” is passion. With mediocrity fast becoming a competitive liability, success depends on finding new ways to rouse the human spirit at work. Ideology: Today, businesses need more than better practices; they need better principles. Bureaucracy and control have had their day. It’s time for a new ideology based on freedom and self-determination.

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Noted business thinker and strategist Gary Hamel has been on the faculty of the London Business School for nearly thirty years. He is the founder of the California- based think-tank. The Management Lab. His most recent initiative is The Management Innovation eX- change, a pioneering effort aimed at reinventing man- agement by harnessing the power of open innovation. Hamel is the author of five books and numerous articles for the Harvard Business Review as well as the Wall Street Journal, Fortune, and the Financial Times. He consults widely and has led change initiatives in some of the world’s most prominent companies.