Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
MICHAEL PORTER
Change brings opportunities. On the other hand, change can be confusing.
More Michael Porter Quotes
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
MICHAEL PORTER -
There’s a fundamental distinction between strategy and operational effectiveness.
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Efforts to preserve all industries will lower the national standard of living.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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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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Strategic thinking rarely occurs spontaneously.
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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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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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You can’t be all things to all people.
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The chief strategist of an organization has to be the leader – the CEO.
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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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Innovation is the central issue in economic prosperity.
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A target should go with every goal. A target is the value that defines success.
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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
MICHAEL PORTER