The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
MICHAEL PORTERThe ability to change constantly and effectively is made easier by high-level continuity.
More Michael Porter Quotes
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Operational effectiveness and strategy are both essential to superior performance.
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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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Finally, strategy must have continuity. It can’t be constantly reinvented.
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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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Innovation is the central issue in economic prosperity.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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Strategic thinking rarely occurs spontaneously.
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A target should go with every goal. A target is the value that defines success.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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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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A strategy delineates a territory in which a company seeks to be unique.
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The essence of strategy is choosing what not to do.
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You can’t be all things to all people.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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Sound strategy starts with having the right goal
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