The ability to change constantly and effectively is made easier by high-level continuity.
MICHAEL PORTERIf 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.
More Michael Porter Quotes
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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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A strategy delineates a territory in which a company seeks to be unique.
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There’s a fundamental distinction between strategy and operational effectiveness.
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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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You can’t be all things to all people.
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The chief strategist of an organization has to be the leader – the CEO.
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Without a goal analytics is aimless and worthless.
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Change brings opportunities. On the other hand, change can be confusing.
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Companies operating in urban communities have a tremendous ripple effect.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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Efforts to preserve all industries will lower the national standard of living.
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A target should go with every goal. A target is the value that defines success.
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The best CEOs I know are teachers, and at the core of what they teach is strategy.
MICHAEL PORTER