The ability to change constantly and effectively is made easier by high-level continuity.
MICHAEL PORTEREfforts to preserve all industries will lower the national standard of living.
More Michael Porter Quotes
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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The company without a strategy is willing to try anything.
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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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Sound strategy starts with having the right goal
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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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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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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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A target should go with every goal. A target is the value that defines success.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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If 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.
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Companies operating in urban communities have a tremendous ripple effect.
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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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