Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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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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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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Companies operating in urban communities have a tremendous ripple effect.
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Efforts to preserve all industries will lower the national standard of living.
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The ability to change constantly and effectively is made easier by high-level continuity.
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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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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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Innovation is the central issue in economic prosperity.
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Sound strategy starts with having the right goal
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Operational effectiveness and strategy are both essential to superior performance.
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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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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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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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A target should go with every goal. A target is the value that defines success.
MICHAEL PORTER