A strategy delineates a territory in which a company seeks to be unique.
MICHAEL PORTERThe company without a strategy is willing to try anything.
More Michael Porter Quotes
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A target should go with every goal. A target is the value that defines success.
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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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Strategy is choice. Strategy means saying no to certain kinds of things.
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The company without a strategy is willing to try anything.
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Finally, strategy must have continuity. It can’t be constantly reinvented.
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The ability to change constantly and effectively is made easier by high-level continuity.
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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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Strategic thinking rarely occurs spontaneously.
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You can’t be all things to all people.
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Without a goal analytics is aimless and worthless.
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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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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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Change brings opportunities. On the other hand, change can be confusing.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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