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And having just posted on Gary Hamel's latest thinking, I was particularly interested to see the article by Hamel's previous co-author, CK Prahalad, which comes to some fairly similar conclusions as Hamel.
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Purpose:
"The first task is to build an intellectual agenda. It must be at least intellectually challenging, and appeal to your emotions, either to your nationalistic identify or to your sense of what is good for humanity."
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Human capital:
"Resources can no longer be contained within the firm. So resources - talent or materials - must be available globally. Second, access, not ownership, is important. That means you may not directly employ any of this talent."
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Cisco has launched a contest and invited the world to give it great ideas. The winner gets to join Cisco and is funded to make the idea real. More specifically, “the winning team may have the opportunity to be hired by Cisco to found a new business unit and share a $250,000 signing bonus. Cisco may invest approximately $10 million over three years to staff, develop, and go to market with a new business based on your idea.”
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