Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
MICHAEL PORTERThe essence of strategy is choosing what not to do.
More Michael Porter Quotes
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Efforts to preserve all industries will lower the national standard of living.
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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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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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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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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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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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There’s a fundamental distinction between strategy and operational effectiveness.
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The ability to change constantly and effectively is made easier by high-level continuity.
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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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Operational effectiveness and strategy are both essential to superior performance.
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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 company without a strategy is willing to try anything.
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A strategy delineates a territory in which a company seeks to be unique.
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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.
MICHAEL PORTER