In the vast majority of businesses, there is simply no such thing as “the best.”
MICHAEL PORTERThe U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
More Michael Porter Quotes
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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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Sound strategy starts with having the right goal
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Strategic thinking rarely occurs spontaneously.
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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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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 best CEOs I know are teachers, and at the core of what they teach is strategy.
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A strategy delineates a territory in which a company seeks to be unique.
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Change brings opportunities. On the other hand, change can be confusing.
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Health care historically has been a very siloed field that’s organized around medical specialties – urology, cardiac surgery, and so forth – and around the supply of these specialty services. The patient is the ping-pong ball that moves from service to service.
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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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A target should go with every goal. A target is the value that defines success.
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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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You can’t be all things to all people.
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Companies operating in urban communities have a tremendous ripple effect.
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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.
MICHAEL PORTER






