The best CEOs I know are teachers, and at the core of what they teach is strategy.
MICHAEL PORTERGood leaders need a positive agenda, not just an agenda of dealing with crisis.
More Michael Porter Quotes
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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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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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In the vast majority of businesses, there is simply no such thing as “the best.”
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The chief strategist of an organization has to be the leader – the CEO.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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A strategy delineates a territory in which a company seeks to be unique.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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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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Finally, strategy must have continuity. It can’t be constantly reinvented.
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Efforts to preserve all industries will lower the national standard of living.
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There’s a fundamental distinction between strategy and operational effectiveness.
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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 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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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.
MICHAEL PORTER






