You can’t be all things to all people.
MICHAEL PORTERThe 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.
More Michael Porter Quotes
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The essence of strategy is choosing what not to do.
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Change brings opportunities. On the other hand, change can be confusing.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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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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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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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.
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Companies operating in urban communities have a tremendous ripple effect.
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The ability to change constantly and effectively is made easier by high-level continuity.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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Without a goal analytics is aimless and worthless.
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Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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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.
MICHAEL PORTER