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 PORTERA strategy delineates a territory in which a company seeks to be unique.
More Michael Porter Quotes
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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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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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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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Companies operating in urban communities have a tremendous ripple effect.
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Change brings opportunities. On the other hand, change can be confusing.
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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 choice. Strategy means saying no to certain kinds of things.
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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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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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Strategic thinking rarely occurs spontaneously.
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The company without a strategy is willing to try anything.
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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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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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The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
MICHAEL PORTER