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 PORTERThe essence of strategy is choosing what not to do.
More Michael Porter Quotes
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The ability to change constantly and effectively is made easier by high-level continuity.
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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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Without a goal analytics is aimless and worthless.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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Strategic thinking rarely occurs spontaneously.
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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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The essence of strategy is that you must set limits on what you’re trying to accomplish.
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Change brings opportunities. On the other hand, change can be confusing.
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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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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 U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
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Efforts to preserve all industries will lower the national standard of living.
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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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A strategy delineates a territory in which a company seeks to be unique.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
MICHAEL PORTER