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.
MICHAEL PORTERChange brings opportunities. On the other hand, change can be confusing.
More Michael Porter Quotes
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Without a goal analytics is aimless and worthless.
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The ability to change constantly and effectively is made easier by high-level continuity.
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Innovation is the central issue in economic prosperity.
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Strategic thinking rarely occurs spontaneously.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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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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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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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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A target should go with every goal. A target is the value that defines success.
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I 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.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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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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If your goal is anything but profitability – if it’s to be big, or to grow fast, or to become a technology leader – you’ll hit problems.
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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.
MICHAEL PORTER