The company without a strategy is willing to try anything.
MICHAEL PORTERIf a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
More Michael Porter Quotes
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Sound strategy starts with having the right goal
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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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The ability to change constantly and effectively is made easier by high-level continuity.
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Efforts to preserve all industries will lower the national standard of living.
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There’s a fundamental distinction between strategy and operational effectiveness.
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A strategy delineates a territory in which a company seeks to be unique.
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Operational effectiveness and strategy are both essential to superior performance.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Innovation is the central issue in economic prosperity.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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Change brings opportunities. On the other hand, change can be confusing.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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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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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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Without a goal analytics is aimless and worthless.
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