If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
MICHAEL PORTEROperational effectiveness and strategy are both essential to superior performance.
More Michael Porter Quotes
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There’s a fundamental distinction between strategy and operational effectiveness.
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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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Change brings opportunities. On the other hand, change can be confusing.
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Companies operating in urban communities have a tremendous ripple effect.
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A target should go with every goal. A target is the value that defines success.
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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 essence of strategy is choosing what not to do.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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Efforts to preserve all industries will lower the national standard of living.
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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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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.
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The company without a strategy is willing to try anything.
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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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In the vast majority of businesses, there is simply no such thing as “the best.”
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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