The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
MICHAEL PORTERThe chief strategist of an organization has to be the leader – the CEO.
More Michael Porter Quotes
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Efforts to preserve all industries will lower the national standard of living.
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Sound strategy starts with having the right goal
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The thing is, continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In fact, they’re mutually reinforcing.
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There’s a fundamental distinction between strategy and operational effectiveness.
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Technology has given us this wonderful opportunity to have low energy costs. We have to seize that, rather than keep debating and discussing and fighting over it.
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Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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Strategic thinking rarely occurs spontaneously.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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A target should go with every goal. A target is the value that defines success.
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The ability to change constantly and effectively is made easier by high-level continuity.
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Without a goal analytics is aimless and worthless.
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You can’t be all things to all people.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
MICHAEL PORTER