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.
MICHAEL PORTERThe company without a strategy is willing to try anything.
More Michael Porter Quotes
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Innovation is the central issue in economic prosperity.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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You can’t be all things to all people.
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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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A target should go with every goal. A target is the value that defines success.
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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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Efforts to preserve all industries will lower the national standard of living.
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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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A strategy delineates a territory in which a company seeks to be unique.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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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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Sound strategy starts with having the right goal
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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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The company without a strategy is willing to try anything.
MICHAEL PORTER