Finally, strategy must have continuity. It can’t be constantly reinvented.
MICHAEL PORTERCompanies operating in urban communities have a tremendous ripple effect.
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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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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The chief strategist of an organization has to be the leader – the CEO.
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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 underlying principles of strategy are enduring, regardless of technology or the pace of change.
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There’s a fundamental distinction between strategy and operational effectiveness.
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The best CEOs I know are teachers, and at the core of what they teach is strategy.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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Change brings opportunities. On the other hand, change can be confusing.
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Sound strategy starts with having the right goal
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Strategic thinking rarely occurs spontaneously.
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The company without a strategy is willing to try anything.
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Health care historically has been a very siloed field that’s organized around medical specialties – urology, cardiac surgery, and so forth – and around the supply of these specialty services. The patient is the ping-pong ball that moves from service to service.
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Companies operating in urban communities have a tremendous ripple effect.
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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.
MICHAEL PORTER