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.
MICHAEL PORTERThere’s a fundamental distinction between strategy and operational effectiveness.
More Michael Porter Quotes
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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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A target should go with every goal. A target is the value that defines success.
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There’s a fundamental distinction between strategy and operational effectiveness.
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You can’t be all things to all people.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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The chief strategist of an organization has to be the leader – the CEO.
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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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Sound strategy starts with having the right goal
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Change brings opportunities. On the other hand, change can be confusing.
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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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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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Efforts to preserve all industries will lower the national standard of living.
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