Companies operating in urban communities have a tremendous ripple effect.
MICHAEL PORTERThe U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
More Michael Porter Quotes
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Health care historically has been a very siloed field that’s organized around medical specialties – urology, cardiac surgery, and so forth – and around the supply of these specialty services. The patient is the ping-pong ball that moves from service to service.
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Efforts to preserve all industries will lower the national standard of living.
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You can’t be all things to all people.
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Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
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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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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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The essence of strategy is choosing what not to do.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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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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A target should go with every goal. A target is the value that defines success.
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The company without a strategy is willing to try anything.
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The ability to change constantly and effectively is made easier by high-level continuity.
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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.
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There’s a fundamental distinction between strategy and operational effectiveness.
MICHAEL PORTER