There's a fundamental distinction between strategy and operational effectiveness.
quote by Michael Porter

Submitted by Lucian Velea
Vote! | Copy!
The best CEOs I know are teachers, and at the core of what they teach is strategy.
quote by Michael Porter

Submitted by Lucian Velea
Vote! | Copy!
The essence of strategy is that you must set limits on what you're trying to accomplish.
quote by Michael Porter

Submitted by Lucian Velea
Vote! | Copy!
The ability to change constantly and effectively is made easier by high-level continuity.
quote by Michael Porter

Submitted by Lucian Velea
Vote! | Copy!
Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.
quote by Michael Porter

Submitted by Lucian Velea
Vote! | Copy!
The underlying principles of strategy are enduring, regardless of technology or the pace of change.
quote by Michael Porter

Submitted by Lucian Velea
Vote! | Copy!
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.
quote by Michael Porter

Submitted by Lucian Velea
Vote! | Copy!
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.
quote by Michael Porter

Submitted by Lucian Velea
Vote! | Copy!
Billions are wasted on ineffective philanthropy. Philanthropy is decades behind business in applying rigorous thinking to the use of money.
quote by Michael Porter

Submitted by Lucian Velea
Vote! | Copy!
So companies have to be very schizophrenic. On one hand, they have to maintain continuity of strategy. But they also have to be good at continuously improving.
quote by Michael Porter

Submitted by Lucian Velea
Vote! | Copy!