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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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Competition Economy Face Generation Structure Weakness

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

Finally, strategy must have continuity. It can’t be constantly reinvented.
MICHAEL PORTER

Constant Invention Strategy
Strategic thinking rarely occurs spontaneously.
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Occur Rare Strategy
The best CEOs I know are teachers, and at the core of what they teach is strategy.
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Best Myself Strategy Teacher
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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Creation Definition Economy Global Production Profit Purpose
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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Cost Discussion Energy Fight Low Opportunity Technology Wonderful
The essence of strategy is choosing what not to do.
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Choice Essence Strategy Yourself
The company without a strategy is willing to try anything.
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Company Ideas Try Willing
Efforts to preserve all industries will lower the national standard of living.
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Effort Live Lower National Preserve Standard
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

Better Competition Different Started Yourself
Innovation is the central issue in economic prosperity.
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Economics Innovation Issues Prosperity
There’s a fundamental distinction between strategy and operational effectiveness.
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Effect Fundamental Operational Strategy
The underlying principles of strategy are enduring, regardless of technology or the pace of change.
MICHAEL PORTER

Change Endurance Pace Principle Technology
A target should go with every goal. A target is the value that defines success.
MICHAEL PORTER

Definition Goal Success Target Value
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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Rival Success Try Yourself
If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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Goal Inspirational Strategy Success Work
A strategy delineates a territory in which a company seeks to be unique.
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Company Seek Strategy Territory Unique

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