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 ability to change constantly and effectively is made easier by high-level continuity.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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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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Without a goal analytics is aimless and worthless.
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Companies operating in urban communities have a tremendous ripple effect.
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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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A strategy delineates a territory in which a company seeks to be unique.
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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 essence of strategy is that you must set limits on what you’re trying to accomplish.
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Operational effectiveness and strategy are both essential to superior performance.
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A target should go with every goal. A target is the value that defines success.
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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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Strategic thinking rarely occurs spontaneously.
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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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There’s a fundamental distinction between strategy and operational effectiveness.
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