In the vast majority of businesses, there is simply no such thing as “the best.”
MICHAEL PORTERStrategy is choice. Strategy means saying no to certain kinds of things.
More Michael Porter Quotes
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I teach in the medical school, the School of Public Health, the Kennedy School of Government, and the Business School. And it’s the best perch… because most of my work crosses boundaries.
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Operational effectiveness and strategy are both essential to superior performance.
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The company without a strategy is willing to try anything.
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A strategy delineates a territory in which a company seeks to be unique.
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If your goal is anything but profitability – if it’s to be big, or to grow fast, or to become a technology leader – you’ll hit problems.
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If all you’re trying to do is essentially the same thing as your rivals, then it’s unlikely that you’ll be very successful.
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You can’t be all things to all people.
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Sound strategy starts with having the right goal
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The ability to change constantly and effectively is made easier by high-level continuity.
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The purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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Strategic thinking rarely occurs spontaneously.
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The essence of strategy is that you must set limits on what you’re trying to accomplish.
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Innovation is the central issue in economic prosperity.
MICHAEL PORTER