The chief strategist of an organization has to be the leader – the CEO.
MICHAEL PORTERI 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.
More Michael Porter Quotes
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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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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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The essence of strategy is that you must set limits on what you’re trying to accomplish.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Change brings opportunities. On the other hand, change can be confusing.
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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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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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You can’t be all things to all people.
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Sound strategy starts with having the right goal
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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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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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The ability to change constantly and effectively is made easier by high-level continuity.
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Without a goal analytics is aimless and worthless.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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