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 PORTERWithout a goal analytics is aimless and worthless.
More Michael Porter Quotes
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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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Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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The company without a strategy is willing to try anything.
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Without a goal analytics is aimless and worthless.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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The essence of strategy is choosing what not to do.
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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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Finally, strategy must have continuity. It can’t be constantly reinvented.
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Companies operating in urban communities have a tremendous ripple effect.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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You can’t be all things to all people.
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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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Innovation is the central issue in economic prosperity.
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Sound strategy starts with having the right goal
MICHAEL PORTER