The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
MICHAEL PORTERCompanies operating in urban communities have a tremendous ripple effect.
More Michael Porter Quotes
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Without a goal analytics is aimless and worthless.
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Change brings opportunities. On the other hand, change can be confusing.
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Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
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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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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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The essence of strategy is choosing what not to do.
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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 choice. Strategy means saying no to certain kinds of things.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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You can’t be all things to all people.
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Companies operating in urban communities have a tremendous ripple effect.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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Operational effectiveness and strategy are both essential to superior performance.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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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