This was the challenge that faced Wilbert (“Bill”) L. Gore in 1958 when, after a 17-year career, he left DuPont to strike out on his own. Gore dreamed of building a company devoted to innovation, a company where imagination and initiative would flourish, where chronically curious engineers would be free to invent, invest, and succeed. Over the next several decades, Gore’s vision took shape in the form of W.L. Gore & Associates, a company built around a set of management principles diametrically opposed CO much of modern business orthodoxy. Bill’s legacy is an organization that today generates $2.1 billion in annual sales and employs more than 8,000 employees in 45 planes around the world. Continue to read: Bill Gore: Management Innovator
Tags: Bill Gore, Business Model, Gary Hamel, Gary Hamel on innovation, How Management Innovation Happens, lesson learnt, management innovation, W.L. Gore and Associate, William Gore
