The essence of strategy is choosing what not to do.
MICHAEL PORTERThe chief strategist of an organization has to be the leader – the CEO.
More Michael Porter Quotes
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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The company without a strategy is willing to try anything.
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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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Companies operating in urban communities have a tremendous ripple effect.
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Strategic thinking rarely occurs spontaneously.
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Operational effectiveness and strategy are both essential to superior performance.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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The chief strategist of an organization has to be the leader – the CEO.
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There’s a fundamental distinction between strategy and operational effectiveness.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
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You can’t be all things to all people.
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A target should go with every goal. A target is the value that defines success.
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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.
MICHAEL PORTER