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Leading Through Uncertainty: How Umpqua Bank Emerged from the Great Recession Better and Stronger than Ever
book

Leading Through Uncertainty: How Umpqua Bank Emerged from the Great Recession Better and Stronger than Ever

by Ray Davis, William C. Taylor
November 2013
Intermediate to advanced
224 pages
4h 11m
English
Jossey-Bass
Content preview from Leading Through Uncertainty: How Umpqua Bank Emerged from the Great Recession Better and Stronger than Ever

14

Practice Incremental Evolution

Extinction is the rule. Survival is the exception.

—Carl Sagan

Some would say that businesses are like plants: if they're not growing, they're dying. While businesses and plants in reality have little or nothing in common with one another, it's true that companies have to grow and change to remain vital and strong. In his book Leading the Revolution, Gary Hamel writes about the importance of establishing and nurturing a competitive gap.1 Competitive gaps are innovations that companies create to separate themselves from their competitors.

The moment you create a competitive gap, you've constantly got to find ways to maintain it. This requires either creating new quantum leaps that dramatically widen the gap ...

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Publisher Resources

ISBN: 9781118733028