The ability to change constantly and effectively is made easier by high-level continuity.
MICHAEL PORTERA strategy delineates a territory in which a company seeks to be unique.
More Michael Porter Quotes
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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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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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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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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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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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A target should go with every goal. A target is the value that defines success.
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Sound strategy starts with having the right goal
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There’s a fundamental distinction between strategy and operational effectiveness.
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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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In the vast majority of businesses, there is simply no such thing as “the best.”
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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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Strategic thinking rarely occurs spontaneously.
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Without a goal analytics is aimless and worthless.
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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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Operational effectiveness and strategy are both essential to superior performance.
MICHAEL PORTER






