Innovation is the central issue in economic prosperity.
MICHAEL PORTERWithout a goal analytics is aimless and worthless.
More Michael Porter Quotes
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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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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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Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
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Sound strategy starts with having the right goal
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Companies operating in urban communities have a tremendous ripple effect.
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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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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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The best CEOs I know are teachers, and at the core of what they teach is strategy.
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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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Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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Change brings opportunities. On the other hand, change can be confusing.
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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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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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There’s a fundamental distinction between strategy and operational effectiveness.
MICHAEL PORTER