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 PORTERA target should go with every goal. A target is the value that defines success.
More Michael Porter Quotes
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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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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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Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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A strategy delineates a territory in which a company seeks to be unique.
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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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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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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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There’s a fundamental distinction between strategy and operational effectiveness.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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The essence of strategy is choosing what not to do.
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Strategic thinking rarely occurs spontaneously.
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The chief strategist of an organization has to be the leader – the CEO.
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The ability to change constantly and effectively is made easier by high-level continuity.
MICHAEL PORTER