The ability to change constantly and effectively is made easier by high-level continuity.
MICHAEL PORTERThe essence of strategy is that you must set limits on what you’re trying to accomplish.
More Michael Porter Quotes
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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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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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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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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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Companies operating in urban communities have a tremendous ripple effect.
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You can’t be all things to all people.
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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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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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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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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Strategic thinking rarely occurs spontaneously.
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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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Innovation is the central issue in economic prosperity.
MICHAEL PORTER