
The best CEOs I know are teachers, and at the core of what they teach is strategy.
source: - "Strategy bites back: It is a lot more, and less, than you ever imagined". Book by Henry Mintzberg, Bruce W. Ahlstrand, Joseph Lampel (p. 45), 2005.
Companies operating in urban communities have a tremendous ripple effect.
Topics: Community, Urban, Ripple Effect, Ripple
Topics: Technology, Goal, Leader, Profitability
The essence of strategy is choosing what not to do.
source: - Harvard Business Review, John P. Kotter, Michael Porter, Elizabeth Olmsted Teisberg (2015). “Leadership, Strategy, and Innovation: Health Care Collection (8 Items)”, p.1721, Harvard Business Review Press
Topics: Essence, Deep Thought, Transcendentalism, Strategic Management, Business Strategy
Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.
source: - "What is strategy?" by Michael Porter, Harvard Business Review, November 1996.
Topics: Choices, Different, Strategy, Making Choices, Trade Offs
There's a fundamental distinction between strategy and operational effectiveness.
source: - "What is strategy?" by Michael Porter, Harvard Business Review, November 1996.
Topics: Effectiveness, Fundamentals, Strategy
source: - Harvard Business Review, John P. Kotter, Michael Porter, Elizabeth Olmsted Teisberg (2015). “Leadership, Strategy, and Innovation: Health Care Collection (8 Items)”, p.1700, Harvard Business Review Press
Topics: Mean, Unique, Being Different
The company without a strategy is willing to try anything.
Topics: Trying, Strategy, Company, Willing To Try
Finally, strategy must have continuity. It can't be constantly reinvented.
Topics: Strategy, Continuity
Innovation is the central issue in economic prosperity.
Topics: Creativity, Issues, Innovation, Innovation And Leadership, Innovative Ideas
Topics: Facts, Improvement, Risk Management, Continuous Improvement
The ability to change constantly and effectively is made easier by high-level continuity.
Topics: Levels, Made, Ability To Change
Topics: Competition, Being Different, Matter
Topics: Thinking, Use, Philanthropy, Philanthropy Giving
Topics: School, Government, Medical, Medical School, Business School
source: - "The Big Idea: Creating Shared Value" by Michael E. Porter and Mark R. Kramer, www.huffingtonpost.com. January 28, 2011.
Topics: Believe, Responsibility, Thinking, Social Responsibility, Shared Values
Good leaders need a positive agenda, not just an agenda of dealing with crisis.
Topics: Leader, Agendas, Needs, Good Leader
Topics: Crush, Jobs, Self, Drug Abuse, Cycle Of Poverty
source: - "The Big Idea: Creating Shared Value" by Michael E. Porter and Mark R. Kramer, www.huffingtonpost.com. January 28, 2011.
Topics: Creating, Innovation, Growth, Shared Values
A target should go with every goal. A target is the value that defines success.
Topics: Goal, Target, Should, Define Success
Risk is a function of how poorly a strategy will perform if the 'wrong' scenario occurs.
source: - Michael E. Porter (1985). “Competitive Advantage: Creating and Sustaining Superior Performance”
Topics: Risk, Management, Strategy, Risk Management, Scenarios
Change brings opportunities. On the other hand, change can be confusing.
Topics: Opportunity, Hands, Confusing
Topics: Successful, Trying, Rivals
The chief strategist of an organization has to be the leader - the CEO.
Topics: Organization, Leader, Chiefs
The underlying principles of strategy are enduring, regardless of technology or the pace of change.
Topics: Technology, Pace, Principles, Pace Of Change
Topics: Fighting, Technology, Opportunity
Sound strategy starts with having the right goal
Topics: Goal, Sound, Strategy, Business Strategy, Strategist
Operational effectiveness and strategy are both essential to superior performance.
source: - Harvard Business Review, John P. Kotter, Michael Porter, Elizabeth Olmsted Teisberg (2015). “Leadership, Strategy, and Innovation: Health Care Collection (8 Items)”, p.1687, Harvard Business Review Press
Topics: Effectiveness, Essentials, Strategy, Superior Performance
source: - Source: www.usatoday.com
Topics: Competitiveness
source: - Source: www.usatoday.com
Topics: Competitiveness
source: - Source: www.usatoday.com
Topics: Research And Development, Welding
Efforts to preserve all industries will lower the national standard of living.
source: - Michael E. Porter (2011). “Competitive Advantage of Nations: Creating and Sustaining Superior Performance”, p.901, Simon and Schuster
Topics: National Standards