Companies operating in urban communities have a tremendous ripple effect.
MICHAEL PORTERSound strategy starts with having the right goal
More Michael Porter Quotes
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Strategy is choice. Strategy means saying no to certain kinds of things.
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The chief strategist of an organization has to be the leader – the CEO.
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Sound strategy starts with having the right goal
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Change brings opportunities. On the other hand, change can be confusing.
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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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The essence of strategy is choosing what not to do.
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I teach in the medical school, the School of Public Health, the Kennedy School of Government, and the Business School. And it’s the best perch… because most of my work crosses boundaries.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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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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Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
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A target should go with every goal. A target is the value that defines success.
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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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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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Efforts to preserve all industries will lower the national standard of living.
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Operational effectiveness and strategy are both essential to superior performance.
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