Strategy is choice. Strategy means saying no to certain kinds of things.
MICHAEL PORTERTechnology 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.
More Michael Porter Quotes
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Strategic thinking rarely occurs spontaneously.
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The chief strategist of an organization has to be the leader – the CEO.
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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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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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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.
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Operational effectiveness and strategy are both essential to superior performance.
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Change brings opportunities. On the other hand, change can be confusing.
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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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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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Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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The essence of strategy is choosing what not to do.
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Companies operating in urban communities have a tremendous ripple effect.
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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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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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