Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
MICHAEL PORTERStrategy 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.
More Michael Porter Quotes
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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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Companies operating in urban communities have a tremendous ripple effect.
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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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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 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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The essence of strategy is choosing what not to do.
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Strategic thinking rarely occurs spontaneously.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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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 that you must set limits on what you’re trying to accomplish.
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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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Change brings opportunities. On the other hand, change can be confusing.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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The chief strategist of an organization has to be the leader – the CEO.
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A strategy delineates a territory in which a company seeks to be unique.
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