The U.S. is facing a structural competitiveness problem that is leading to the weakest economy we have seen in generations.
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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Without a goal analytics is aimless and worthless.
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A target should go with every goal. A target is the value that defines success.
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Strategy is choice. Strategy means saying no to certain kinds of things.
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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 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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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
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The company without a strategy is willing to try anything.
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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 chief strategist of an organization has to be the leader – the CEO.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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Risk is a function of how poorly a strategy will perform if the ‘wrong’ scenario occurs.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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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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Companies operating in urban communities have a tremendous ripple effect.
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Ultimately, health care fails the most basic test. It’s not organized around the needs of the patient.
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