A strategy delineates a territory in which a company seeks to be unique.
MICHAEL PORTERA strategy delineates a territory in which a company seeks to be unique.
More Michael Porter Quotes
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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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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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There’s a fundamental distinction between strategy and operational effectiveness.
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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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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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Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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The ability to change constantly and effectively is made easier by high-level continuity.
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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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Change brings opportunities. On the other hand, change can be confusing.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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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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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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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.
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Innovation is the central issue in economic prosperity.
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