Strategic thinking rarely occurs spontaneously.
MICHAEL PORTERA strategy delineates a territory in which a company seeks to be unique.
More Michael Porter Quotes
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Efforts to preserve all industries will lower the national standard of living.
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There’s a fundamental distinction between strategy and operational effectiveness.
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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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If all you’re trying to do is essentially the same thing as your rivals, then it’s unlikely that you’ll be very successful.
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The chief strategist of an organization has to be the leader – the CEO.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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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 a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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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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A target should go with every goal. A target is the value that defines success.
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The purpose of the corporation must be redefined as creating shared value, not just profit per se. This will drive the next wave of innovation and productivity growth in the global economy.
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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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Without a goal analytics is aimless and worthless.
MICHAEL PORTER