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.
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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A target should go with every goal. A target is the value that defines success.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Technology 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.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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Without a goal analytics is aimless and worthless.
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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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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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A strategy delineates a territory in which a company seeks to be unique.
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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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Innovation is the central issue in economic prosperity.
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The best CEOs I know are teachers, and at the core of what they teach is strategy.
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The chief strategist of an organization has to be the leader – the CEO.
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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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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.
MICHAEL PORTER