There’s a fundamental distinction between strategy and operational effectiveness.
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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Finally, strategy must have continuity. It can’t be constantly reinvented.
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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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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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Innovation is the central issue in economic prosperity.
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Without a goal analytics is aimless and worthless.
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Companies operating in urban communities have a tremendous ripple effect.
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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.
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A strategy delineates a territory in which a company seeks to be unique.
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The company without a strategy is willing to try anything.
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A target should go with every goal. A target is the value that defines success.
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Change brings opportunities. On the other hand, change can be confusing.
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The essence of strategy is choosing what not to do.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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Health care historically has been a very siloed field that’s organized around medical specialties – urology, cardiac surgery, and so forth – and around the supply of these specialty services. The patient is the ping-pong ball that moves from service to service.
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