The essence of strategy is that you must set limits on what you’re trying to accomplish.
MICHAEL PORTERIn the vast majority of businesses, there is simply no such thing as “the best.”
More Michael Porter Quotes
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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Without a goal analytics is aimless and worthless.
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The best CEOs I know are teachers, and at the core of what they teach is strategy.
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Operational effectiveness and strategy are both essential to superior performance.
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Change brings opportunities. On the other hand, change can be confusing.
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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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A target should go with every goal. A target is the value that defines success.
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A strategy delineates a territory in which a company seeks to be unique.
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Efforts to preserve all industries will lower the national standard of living.
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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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Sound strategy starts with having the right goal
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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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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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The essence of strategy is choosing what not to do.
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Strategy is about setting yourself apart from the competition. It’s not a matter of being better at what you do – it’s a matter of being different at what you do.
MICHAEL PORTER