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.
MICHAEL PORTERCompanies operating in urban communities have a tremendous ripple effect.
More Michael Porter Quotes
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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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Operational effectiveness and strategy are both essential to superior performance.
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A target should go with every goal. A target is the value that defines success.
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Strategic thinking rarely occurs spontaneously.
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The ability to change constantly and effectively is made easier by high-level continuity.
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There’s a fundamental distinction between strategy and operational effectiveness.
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Innovation is the central issue in economic prosperity.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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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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Efforts to preserve all industries will lower the national standard of living.
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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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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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Change brings opportunities. On the other hand, change can be confusing.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Sound strategy starts with having the right goal
MICHAEL PORTER