You can’t be all things to all people.
MICHAEL PORTERThe 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.
More Michael Porter Quotes
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Without a goal analytics is aimless and worthless.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
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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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Companies operating in urban communities have a tremendous ripple effect.
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Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
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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 best CEOs I know are teachers, and at the core of what they teach is strategy.
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The chief strategist of an organization has to be the leader – the CEO.
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Change brings opportunities. On the other hand, change can be confusing.
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There’s a fundamental distinction between strategy and operational effectiveness.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
MICHAEL PORTER