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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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Accomplishment Limitation Strategy Yourself

Bagwalas

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Marilyn Monroe Paulo Coelho Abraham Lincoln C. S. Lewis Khalil Gibran Charlie Chaplin Gautama Buddha Isaac Newton

Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.
MICHAEL PORTER

Activity Choice Competition Deliver Different Unique
Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Function Performance Poor Risk Strategy Wrong
The ability to change constantly and effectively is made easier by high-level continuity.
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Ability Change Constant Continue
A target should go with every goal. A target is the value that defines success.
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Definition Goal Success Target Value
Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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Deal Goodness Leadership Need Positive
The essence of strategy is choosing what not to do.
MICHAEL PORTER

Choice Essence Strategy Yourself
There’s a fundamental distinction between strategy and operational effectiveness.
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Effect Fundamental Operational Strategy
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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Competition Economy Face Generation Structure Weakness
In the vast majority of businesses, there is simply no such thing as “the best.”
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Best Business Majority Simplicity
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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Cost Discussion Energy Fight Low Opportunity Technology Wonderful
You can’t be all things to all people.
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Be Yourself People Self Love
Innovation is the central issue in economic prosperity.
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Economics Innovation Issues Prosperity
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.
MICHAEL PORTER

Better Competition Different Started Yourself
Finally, strategy must have continuity. It can’t be constantly reinvented.
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Constant Invention Strategy
If your goal is anything but profitability – if it’s to be big, or to grow fast, or to become a technology leader – you’ll hit problems.
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Big Goal Leadership Problem Profit Yourself
Health care historically has been a very siloed field that’s organized around medical specialties – urology, cardiac surgery, and so forth – and around the supply of these specialty services. The patient is the ping-pong ball that moves from service to service.
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Health History Medicine Organization Patient Service

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