Finally, strategy must have continuity. It can’t be constantly reinvented.
MICHAEL PORTEREfforts to preserve all industries will lower the national standard of living.
More Michael Porter Quotes
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Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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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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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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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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The best CEOs I know are teachers, and at the core of what they teach is strategy.
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Strategic thinking rarely occurs spontaneously.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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The essence of strategy is choosing what not to do.
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Operational effectiveness and strategy are both essential to superior performance.
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Sound strategy starts with having the right goal
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There’s a fundamental distinction between strategy and operational effectiveness.
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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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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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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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Innovation is the central issue in economic prosperity.
MICHAEL PORTER