Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
MICHAEL PORTERThe ability to change constantly and effectively is made easier by high-level continuity.
More Michael Porter Quotes
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Change brings opportunities. On the other hand, change can be confusing.
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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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The essence of strategy is that you must set limits on what you’re trying to accomplish.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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The essence of strategy is choosing what not to do.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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The chief strategist of an organization has to be the leader – the CEO.
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Without a goal analytics is aimless and worthless.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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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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A target should go with every goal. A target is the value that defines success.
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Strategic thinking rarely occurs spontaneously.
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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.
MICHAEL PORTER