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 PORTERIf all you’re trying to do is essentially the same thing as your rivals, then it’s unlikely that you’ll be very successful.
More Michael Porter Quotes
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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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A target should go with every goal. A target is the value that defines success.
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Innovation is the central issue in economic prosperity.
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The company without a strategy is willing to try anything.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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The best CEOs I know are teachers, and at the core of what they teach is strategy.
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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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Strategic thinking rarely occurs spontaneously.
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The underlying principles of strategy are enduring, regardless of technology or the pace of change.
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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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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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Operational effectiveness and strategy are both essential to superior performance.
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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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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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