The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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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Strategy is choice. Strategy means saying no to certain kinds of things.
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Efforts to preserve all industries will lower the national standard of living.
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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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Operational effectiveness and strategy are both essential to superior performance.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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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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Companies operating in urban communities have a tremendous ripple effect.
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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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There’s a fundamental distinction between strategy and operational effectiveness.
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The essence of strategy is choosing what not to do.
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Sound strategy starts with having the right goal
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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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A target should go with every goal. A target is the value that defines success.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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