Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
MICHAEL PORTERYou can’t be all things to all people.
More Michael Porter Quotes
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The thing is, continuity of strategic direction and continuous improvement in how you do things are absolutely consistent with each other. In fact, they’re mutually reinforcing.
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Innovation is the central issue in economic prosperity.
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You can’t be all things to all people.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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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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Sound strategy starts with having the right goal
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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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Change brings opportunities. On the other hand, change can be confusing.
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Operational effectiveness and strategy are both essential to superior performance.
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There’s a fundamental distinction between strategy and operational effectiveness.
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Without a goal analytics is aimless and worthless.
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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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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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A strategy delineates a territory in which a company seeks to be unique.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
MICHAEL PORTER