Efforts to preserve all industries will lower the national standard of living.
MICHAEL PORTERBillions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
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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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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The chief strategist of an organization has to be the leader – the CEO.
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The ability to change constantly and effectively is made easier by high-level continuity.
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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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A strategy delineates a territory in which a company seeks to be unique.
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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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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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The essence of strategy is that you must set limits on what you’re trying to accomplish.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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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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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 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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Change brings opportunities. On the other hand, change can be confusing.
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