There’s a fundamental distinction between strategy and operational effectiveness.
MICHAEL PORTERThe company without a strategy is willing to try anything.
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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The essence of strategy is choosing what not to do.
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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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The best CEOs I know are teachers, and at the core of what they teach is strategy.
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Operational effectiveness and strategy are both essential to superior performance.
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Sound strategy starts with having the right goal
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Without a goal analytics is aimless and worthless.
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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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The chief strategist of an organization has to be the leader – the CEO.
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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.
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Efforts to preserve all industries will lower the national standard of living.
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Companies operating in urban communities have a tremendous ripple effect.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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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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Innovation is the central issue in economic prosperity.
MICHAEL PORTER