Companies operating in urban communities have a tremendous ripple effect.
MICHAEL PORTERTechnology 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.
More Michael Porter Quotes
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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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Finally, strategy must have continuity. It can’t be constantly reinvented.
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In the vast majority of businesses, there is simply no such thing as “the best.”
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Strategy is choice. Strategy means saying no to certain kinds of things.
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Strategy is about making choices, trade-offs; it’s about deliberately choosing to be different.
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Good leaders need a positive agenda, not just an agenda of dealing with crisis.
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A target should go with every goal. A target is the value that defines success.
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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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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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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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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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The company without a strategy is willing to try anything.
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Strategic thinking rarely occurs spontaneously.
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The essence of strategy is choosing what not to do.
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If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success.
MICHAEL PORTER