Efforts to preserve all industries will lower the national standard of living. MICHAEL PORTER EffortLiveLowerNationalPreserveStandard
If a strategy meets a goal: It’s working. If a strategy meets a target: It’s a success. MICHAEL PORTER GoalInspirationalStrategySuccessWork
Innovation is the central issue in economic prosperity. MICHAEL PORTER EconomicsInnovationIssuesProsperity
Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value. MICHAEL PORTER ActivityChoiceCompetitionDeliverDifferentUnique
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. MICHAEL PORTER BigGoalLeadershipProblemProfit
A strategy delineates a territory in which a company seeks to be unique. MICHAEL PORTER CompanySeekStrategyTerritoryUnique
The ability to change constantly and effectively is made easier by high-level continuity. MICHAEL PORTER AbilityChangeConstantContinue
A target should go with every goal. A target is the value that defines success. MICHAEL PORTER DefinitionGoalSuccessTargetValue