Sound strategy starts with having the right goal
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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Strategic thinking rarely occurs spontaneously.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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Without a goal analytics is aimless and worthless.
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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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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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A target should go with every goal. A target is the value that defines success.
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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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There’s a fundamental distinction between strategy and operational effectiveness.
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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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Operational effectiveness and strategy are both essential to superior performance.
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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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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.
MICHAEL PORTER