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.
MICHAEL PORTERCompetitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
More Michael Porter Quotes
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The ability to change constantly and effectively is made easier by high-level continuity.
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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 U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
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Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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A strategy delineates a territory in which a company seeks to be unique.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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The chief strategist of an organization has to be the leader – the CEO.
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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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Efforts to preserve all industries will lower the national standard of living.
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Change brings opportunities. On the other hand, change can be confusing.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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There’s a fundamental distinction between strategy and operational effectiveness.
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A target should go with every goal. A target is the value that defines success.
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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.
MICHAEL PORTER