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.
MICHAEL PORTERFinally, strategy must have continuity. It can’t be constantly reinvented.
More Michael Porter Quotes
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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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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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You can’t be all things to all people.
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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.
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The ability to change constantly and effectively is made easier by high-level continuity.
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There’s a fundamental distinction between strategy and operational effectiveness.
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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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Efforts to preserve all industries will lower the national standard of living.
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The essence of strategy is choosing what not to do.
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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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The company without a strategy is willing to try anything.
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Without a goal analytics is aimless and worthless.
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A strategy delineates a territory in which a company seeks to be unique.
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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.
MICHAEL PORTER