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Michael Porter Quotes

American - Educator | May 23, 1947 -

Strategy is about making choices, trade-offs; it's about deliberately choosing to be different.

Choices Be Different Strategy Making

The essence of strategy is choosing what not to do.

Strategy Essence Choosing

Finally, strategy must have continuity. It can't be constantly reinvented.

Strategy Must Finally Continuity

The company without a strategy is willing to try anything.

Strategy Try Company Anything

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.

Leader Technology Problems Grow Goal

The essence of strategy is that you must set limits on what you're trying to accomplish.

Limits Strategy You Accomplish Must

A strategy delineates a territory in which a company seeks to be unique.

Strategy Unique Company Territory

I think that, too many times, business has been seen as acting in its narrow self-interest rather than, essentially, contributing more broadly to society. I think a lot of that is unintentional; I don't think that many managers are deliberately trying to be unethical or are not trying to be sensitive to social needs.

Business Society Think Trying Acting

Change brings opportunities. On the other hand, change can be confusing.

Change Opportunities Hand Confusing

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.

Good Strategy Hand Improving Very

The underlying principles of strategy are enduring, regardless of technology or the pace of change.

Change Technology Strategy Principles

Good leaders need a positive agenda, not just an agenda of dealing with crisis.

Positive Good Crisis Need Just

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