Sound strategy starts with having the right goal
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 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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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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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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The best CEOs I know are teachers, and at the core of what they teach is strategy.
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The ability to change constantly and effectively is made easier by high-level continuity.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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A strategy delineates a territory in which a company seeks to be unique.
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The chief strategist of an organization has to be the leader – the CEO.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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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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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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The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
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The essence of strategy is that you must set limits on what you’re trying to accomplish.
MICHAEL PORTER






